Midtown — Noor 2
1 BR · Apartment
About the building
A residential building in Noor District.
Specifications for Noor 2 per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Where it is
The pin is placed by project — accurate to the development, not the door.
Questions and answers about lot NP1-476365
How much is this 1-bedroom apartment in Midtown — Noor 2?
Lot NP1-476365 is priced at AED 830 000, about $226 000. 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 837 000; it is now AED 830 000 — AED 7 000 less, or 1%.
Is the property ready or still under construction?
According to the listing, the property is ready.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 166 000; a loan of AED 664 000 over 25 years at 3.75–4.99% a year comes to roughly AED 3 400–3 900 a month. A non-resident puts down from 40% (AED 332 000) and pays about AED 2 600–2 900 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 33 200 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. 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 1 170 000 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 →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 NP1-476365 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram