DGM Vision
Studio
Where it is
The pin is placed by district — I send the exact address on request.
Al Satwa
An old low-rise quarter between Jumeirah and Sheikh Zayed Road: the cheapest genuinely central land in the city, and a perpetual candidate for redevelopment.
- maximum centrality for minimum money
- a bet on redevelopment
- old-city street life
What to check: Buy on today's rent and treat the Jumeirah Garden City redevelopment as unpriced optionality, not as a dated event — it has been on the plans for years without wholesale execution, and the timeline is not knowable.
Full district guide →Questions and answers about lot NP15-528924
How much is this studio in DGM Vision?
Lot NP15-528924 is priced at AED 950 000, about $259 000. The size is 361 sq ft (34 m²), which works out at AED 2 632 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 958 000; it is now AED 950 000 — AED 8 000 less, or 1%.
Is this expensive or cheap for Al Satwa?
The database holds 6 lots in Al Satwa, starting from AED 897 600. The area median is AED 2 545 per sq ft; this lot, at AED 2 632, is 3% above it. 2 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Al Satwa 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 190 000; a loan of AED 760 000 over 25 years at 3.75–4.99% a year comes to roughly AED 3 900–4 400 a month. A non-resident puts down from 40% (AED 380 000) and pays about AED 2 900–3 300 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 38 000 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 the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 1 050 000 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →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 NP15-528924 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: DGM Vision
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