KORO ONE
Studio
About the building
9-storey hotel residence in Jumeirah Garden City, completed in 2026. Developer — Alta Real Estate Developments. Architect — LACASA Architects & Engineering Consultants.
What the building has
- Park and landscaping
Where it is
The pin is placed by project — accurate to the development, not the door.
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 NP16-550760
How much is this studio in KORO ONE?
Lot NP16-550760 is priced at AED 870 000, about $237 000. The size is 369 sq ft (34 m²), which works out at AED 2 358 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.
How does this price compare with other lots in KORO ONE?
The database holds 2 lots in KORO ONE right now, from AED 870 000 to AED 897 600. 2 of them are studios: this lot is the cheapest.
Is this expensive or cheap for Al Satwa?
The database holds 6 lots in Al Satwa, starting from AED 870 000. The area median is AED 2 545 per sq ft; this lot, at AED 2 358, is 7% below it. 1 lot in the area has a reduced price. The median is taken from listings in our database, not from registered sales.
Al Satwa area guide →Is the property ready or still under construction?
The listing gives no handover date. The project passport gives 2026 as the completion year.
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 174 000; a loan of AED 696 000 over 25 years at 3.75–4.99% a year comes to roughly AED 3 600–4 100 a month. A non-resident puts down from 40% (AED 348 000) and pays about AED 2 700–3 000 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 34 800 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 1 130 000 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 →What is known about KORO ONE?
The building has 9 floors. Completion year: 2026. Figures are from the project passport: Propsearch and the Dubai Land Department.
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 NP16-550760 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
More in this building
Nearby in Al Satwa
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram