Azizi Azure
1 BR · Apartment
Questions and answers about lot NP16-550767
How much is this 1-bedroom apartment in Azizi Azure?
Lot NP16-550767 is priced at AED 1 699 000, about $463 000. The size is 700 sq ft (65 m²), which works out at AED 2 427 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.
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 340 000; a loan of AED 1 359 000 over 25 years at 3.75–4.99% a year comes to roughly AED 7 000–7 900 a month. A non-resident puts down from 40% (AED 680 000) and pays about AED 5 200–6 000 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 67 960 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 301 000 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 NP16-550767 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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