Six Senses Residences
4 BR · Apartment
Where it is
Palm Jumeirah
The palm-shaped island: villas on the fronds, apartments along the trunk, resorts around the crescent.
- short-let income
- beachfront living
- capital preservation
What to check: Confirm in writing that the specific building permits holiday lets before you underwrite any short-let income, and model summer and winter occupancy separately — beach-driven demand falls sharply from June to September.
Full district guide →Questions and answers about lot NP16-550821
How much is this 4-bedroom apartment in Six Senses Residences?
Lot NP16-550821 is priced at AED 31 480 000, about $8 572 000. The size is 4 570 sq ft (425 m²), which works out at AED 6 888 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.
Is this expensive or cheap for Palm Jumeirah?
The database holds 220 lots in Palm Jumeirah, starting from AED 1 220 000. The area median is AED 4 326 per sq ft; this lot, at AED 6 888, is 59% above it. 30 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Palm Jumeirah 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 9 444 000; a loan of AED 22 036 000 over 25 years at 3.75–4.99% a year comes to roughly AED 113 300–128 700 a month. A non-resident puts down from 40% (AED 12 592 000) and pays about AED 97 100–110 300 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 1 259 200 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 31 480 000. 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 NP16-550821 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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