−3% Mangrove Place
2 BR · Apartment
Questions and answers about lot NP12-553951
How much is this 2-bedroom apartment in Mangrove Place?
Lot NP12-553951 is priced at AED 1 499 999, about $408 000. The size is 1 003 sq ft (93 m²), which works out at AED 1 496 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 1 550 000; it is now AED 1 499 999 — AED 50 001 less, or 3%.
How does this price compare with other lots in Mangrove Place?
The database holds 2 lots in Mangrove Place right now, from AED 1 450 000 to AED 1 499 999. 2 of them share this type and bedroom count: this lot is the most expensive.
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 300 000; a loan of AED 1 200 000 over 25 years at 3.75–4.99% a year comes to roughly AED 6 200–7 000 a month. A non-resident puts down from 40% (AED 600 000) and pays about AED 4 600–5 300 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 NP12-553951 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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