Verve
2 BR · Apartment
About the building
Located in City Walk. Developer — Meraas Holding. Architect — U+A Architects.
What the building has
- Shops
Where it is
City Walk
Meraas’s low-rise urban district off Al Wasl Road: shopfronts at street level, apartments above, and pavements people actually use.
- walkable urban living
- central location
- end-user resale demand
What to check: Position within the district matters more than the floor plan. Units on the main retail spine get noise and weekend footfall; courtyard-facing units are calm. Visit at a Saturday evening before deciding.
Full district guide →Questions and answers about lot NP11-108796
How much is this 2-bedroom apartment in Verve?
Lot NP11-108796 is priced at AED 3 500 000, about $953 000. The size is 11 042 sq ft (1 026 m²), which works out at AED 317 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.
Is this expensive or cheap for City Walk?
The database holds 52 lots in City Walk, starting from AED 1 900 000. The area median is AED 3 230 per sq ft; this lot is at AED 317. A gap that wide usually means an error in the listing rather than a real price difference — I will check it when you ask. 6 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
City Walk area guide →Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 20%, here AED 700 000; a loan of AED 2 800 000 over 25 years at 3.75–4.99% a year comes to roughly AED 14 400–16 400 a month. A non-resident puts down from 40% (AED 1 400 000) and pays about AED 10 800–12 300 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 140 000 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, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 3 500 000. 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 Verve?
The building has 37 floors and 427 units. Figures are from the project passport: Propsearch and the Dubai Land Department.
Verve 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 NP11-108796 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Nearby in City Walk
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