Grande
2 BR · Apartment
About the building
74-storey residential building in The Opera District, completed in 2022. Developer — Emaar Properties. Architect — WSP Parsons Brinckerhoff.
What the building has
- Swimming pool
- Gym
- Children's area
Where it is
Downtown Dubai
The Burj Khalifa district — the most recognisable address in the emirate and the densest piece of it.
- short-let income
- a landmark address
- fast resale
What to check: The service charge here is among the highest in Dubai and in older towers it has climbed faster than rent. Calculate your yield after the charge, not before, and ask for three years of charge history before making an offer.
Full district guide →Questions and answers about lot NP16-550803
How much is this 2-bedroom apartment in Grande?
Lot NP16-550803 is priced at AED 6 650 000, about $1 811 000. The size is 1 271 sq ft (118 m²), which works out at AED 5 232 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 Grande?
The database holds 7 lots in Grande right now, from AED 5 700 000 to AED 9 300 000. 5 of them share this type and bedroom count: by price this lot ranks 4 of 5, cheapest first. At AED 5 232 per sq ft this lot is level with the median for the other lots in the project (AED 5 129).
Is this expensive or cheap for Downtown Dubai?
The database holds 166 lots in Downtown Dubai. The area median is AED 3 583 per sq ft; this lot, at AED 5 232, is 46% above it. 35 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Downtown Dubai area guide →Is the property ready or still under construction?
The listing gives no handover date. The project passport gives 2022 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 30%, here AED 1 995 000; a loan of AED 4 655 000 over 25 years at 3.75–4.99% a year comes to roughly AED 23 900–27 200 a month. A non-resident puts down from 40% (AED 2 660 000) and pays about AED 20 500–23 300 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 266 000 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, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 6 650 000. 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 Grande?
The building has 74 floors. The developer is Emaar. Completion year: 2022. 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 NP16-550803 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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