Torino
Studio
About the building
Located in Arjan, completed in 2025. Developer — Oro 24 Developments. Architect — National Engineering Bureau.
Specifications for Torino by Oro per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Where it is
Arjan
A dense apartment district beside Dubai Science Park, best known to visitors for Miracle Garden and to investors for its yields.
- above-average yields
- low entry price
- proximity to Dubai Science Park
What to check: Check the handover schedule for the plots around you. In a district with continuing supply, several hundred near-identical units completing in the same quarter softens rents for a full letting season.
Full district guide →Questions and answers about lot NP1-476865
How much is this studio in Torino?
Lot NP1-476865 is priced at AED 515 000, about $140 000. The listing does not state a size, so no price per square foot is given.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price.
What are prices like in Arjan?
The database holds 36 lots in Arjan, starting from AED 515 000. The area median is AED 1 686 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 3 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Arjan area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2025 as the completion year.
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 103 000; a loan of AED 412 000 over 25 years at 3.75–4.99% a year comes to roughly AED 2 100–2 400 a month. A non-resident puts down from 40% (AED 206 000) and pays about AED 1 600–1 800 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 20 600 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?
The lot's price is AED 235 000 below the classic threshold for the two-year residence visa (AED 750 000) and AED 1 485 000 short of the Golden Visa, granted from AED 2 000 000. A visa consultant can go through the grounds that remain at this price.
Golden Visa and residence visas →What is known about Torino?
The building has 6 floors. Completion year: 2025. 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 NP1-476865 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
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