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Contemporary Style

Contemporary Style

4 BR · Villa

Questions and answers about lot NP12-528915

How much is this 4-bedroom villa in Contemporary Style?

Lot NP12-528915 is priced at AED 2 800 000, about $762 000. The size is 1 940 sq ft (180 m²), which works out at AED 1 443 per sq ft.

How much has the price of this lot been cut?

The price before the cut was AED 2 900 000; it is now AED 2 800 000 — AED 100 000 less, or 3%.

How does this price compare with other lots in Contemporary Style?

The database holds 4 lots in Contemporary Style right now, from AED 1 550 000 to AED 3 000 000. At AED 1 443 per sq ft this lot is 41% above the median for the other lots in the project (AED 1 020).

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 560 000; a loan of AED 2 240 000 over 25 years at 3.75–4.99% a year comes to roughly AED 11 500–13 100 a month. A non-resident puts down from 40% (AED 1 120 000) and pays about AED 8 600–9 800 a month. The bank approves the rate and the amount.

Run your own numbers in the mortgage calculator →

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 NP12-528915 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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Video: Contemporary Style

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