−6% Building 1
3 BR · Apartment · 4 bathrooms
Price history
Listed since 14 September 2026. The price has been cut once — dates and figures from the listing itself.
- 27 September 2026 AED 1 699 000
- 10 October 2026 AED 1 599 000 -6%
Where it is
The pin is placed by district — I send the exact address on request.
Downtown Dubai
The Burj Khalifa district — the most recognisable address in the emirate and the densest piece of it.
- short-let income
- a landmark address
- fast resale
What to check: The service charge here is among the highest in Dubai and in older towers it has climbed faster than rent. Calculate your yield after the charge, not before, and ask for three years of charge history before making an offer.
Full district guide →Questions and answers about lot NP12-492394
How much is this 3-bedroom apartment in Building 1?
Lot NP12-492394 is priced at AED 1 599 000, about $435 000. The size is 1 508 sq ft (140 m²), which works out at AED 1 060 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 1 699 000 to AED 1 599 000: AED 100 000 less, or 6%. It was cut once. On the market since 14 September 2026.
How does this price compare with other lots in Building 1?
The database holds 2 lots in Building 1 right now, from AED 1 500 000 to AED 1 599 000. 2 of them share this type and bedroom count: this lot is the most expensive.
Is this expensive or cheap for Downtown Dubai?
The database holds 160 lots in Downtown Dubai. The area median is AED 3 509 per sq ft; this lot is at AED 1 060. A gap that wide usually means an error in the listing rather than a real price difference — I will check it when you ask. 32 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Downtown Dubai area guide →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 320 000; a loan of AED 1 279 000 over 25 years at 3.75–4.99% a year comes to roughly AED 6 600–7 500 a month. A non-resident puts down from 40% (AED 640 000) and pays about AED 4 900–5 600 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What does the seller say about the property itself?
From the listing: bathrooms — 4.
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 NP12-492394 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Building 1
Reviews from the English YouTube channel — each one with a written breakdown on this site.
More in this building
Nearby in Downtown Dubai
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram