−7% Verde
1 BR · Apartment
About the building
68-storey residential building in Jumeirah Lakes Towers. Developer — Sobha Realty. Architect — PNC Architects.
What the building has
- Parking
Where it is
JLT
Jumeirah Lake Towers: the cluster grid across the highway from Marina — cheaper, calmer, and with a metro station at each end.
- above-average yields
- metro access
- central location at lower cost
What to check: Quality varies sharply between clusters and between towers within a cluster. Visit the specific building, check where it sits relative to the lake and the metro, and pull the service charge history before you commit.
Full district guide →Questions and answers about lot NP1-338022
How much is this 1-bedroom apartment in Verde?
Lot NP1-338022 is priced at AED 1 600 000, about $436 000. The listing does not state a size, so no price per square foot is given.
How much has the price of this lot been cut?
The price before the cut was AED 1 724 500; it is now AED 1 600 000 — AED 124 500 less, or 7%.
How does this price compare with other lots in Verde?
The database holds 3 lots in Verde right now, from AED 1 600 000 to AED 1 720 000. 3 of them share this type and bedroom count: this lot is the cheapest.
What are prices like in JLT?
The database holds 76 lots in JLT. The area median is AED 1 915 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 25 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
JLT area guide →Is the property ready or still under construction?
The handover date in the listing is 4Q 2026. Until then payments follow the developer's payment plan. The date comes from the seller and is checked against the sale agreement before a deal.
Can I get a mortgage on this lot while it is still under construction?
During construction the buyer pays the developer under the payment plan — UAE banks grant standard mortgages on ready homes. A loan is possible for the final payment, once the property has its completion certificate.
Mortgage for the final payment →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 64 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 400 000 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Verde?
The building has 68 floors. The developer is Sobha Realty. Figures are from the project passport: Propsearch and the Dubai Land Department.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP1-338022 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Verde
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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