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Dubai Marina

Al Habtoor Grand Residences

3 BR · Apartment

Where it is

The pin is placed by district — I send the exact address on request.

Dubai Marina

The original high-rise waterfront: a dense forest of towers around a man-made marina, and still the busiest rental market in the city.

  • reliable rental income
  • car-free living
  • fast resale

What to check: Much of the stock is fifteen to twenty years old and building condition varies enormously. Get the service charge history and walk the common areas before you offer — an unmaintained tower will cost you more than the discount you got.

Full district guide →

Questions and answers about lot NP16-550814

How much is this 3-bedroom apartment in Al Habtoor Grand Residences?

Lot NP16-550814 is priced at AED 15 347 000, about $4 179 000. The size is 3 233 sq ft (300 m²), which works out at AED 4 747 per sq ft.

How much has the price of this lot been cut?

The price before the cut was AED 15 900 000; it is now AED 15 347 000 — AED 553 000 less, or 3%.

Is this expensive or cheap for Dubai Marina?

The database holds 162 lots in Dubai Marina, starting from AED 500 000. The area median is AED 2 439 per sq ft; this lot, at AED 4 747, is 95% above it. 37 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

Dubai Marina 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 30%, here AED 4 604 000; a loan of AED 10 743 000 over 25 years at 3.75–4.99% a year comes to roughly AED 55 200–62 700 a month. A non-resident puts down from 40% (AED 6 139 000) and pays about AED 47 300–53 800 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 613 880 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 15 347 000. 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 NP16-550814 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

Video

Video: Al Habtoor Grand Residences

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