Photos and renders of the building and grounds — not of this particular unit.
Boutique 23
Studio
About the building
24-storey residential building in Culture Village. Developer — LMD. Architect — CVTEC Consulting Engineers.
What the building has
- Shops
Where it is
Al Jaddaf
A creekside district between Downtown and the airport: new towers, a healthcare cluster, and a metro station.
- central location at mid-market prices
- metro access
- healthcare and airport tenants
What to check: Al Jaddaf is still developing and towers continue to complete. Check what is under construction on the adjacent plots and what your outlook will be once those buildings top out.
Full district guide →Questions and answers about lot NP10-108724
How much is this studio in Boutique 23?
Lot NP10-108724 is priced at AED 700 740, about $191 000. The size is 358 sq ft (33 m²), which works out at AED 1 957 per sq ft.
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. The comparisons below show how that price sits against the market.
How does this price compare with other lots in Boutique 23?
The database holds 2 lots in Boutique 23 right now, from AED 700 740 to AED 750 000. 2 of them are studios: this lot is the cheapest.
Is this expensive or cheap for Al Jaddaf?
The database holds 22 lots in Al Jaddaf, starting from AED 700 740. The area median is AED 2 225 per sq ft; this lot, at AED 1 957, is 12% below it. 2 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Al Jaddaf area guide →Is the property ready or still under construction?
The handover date in the listing is Q1 2027. 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 28 030 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?
The lot's price is AED 49 260 below the classic threshold for the two-year residence visa (AED 750 000) and AED 1 299 260 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 Boutique 23?
The building has 24 floors. The developer is LMD. Figures are from the project passport: Propsearch and the Dubai Land Department.
Boutique 23 project page →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 NP10-108724 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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