Avenue Park Towers
1 BR · Apartment
About the building
Located in Wasl 1. Developer — Wasl Asset Management Group.
Where it is
The pin is placed by project — accurate to the development, not the door.
Deira / Bur Dubai
Old Dubai either side of the Creek: the souks, the abras, the trading city that existed before the towers.
- high yields in a central location
- metro-served living without a car
- long-term regeneration bets
What to check: Freehold designation for foreign buyers varies considerably across old Dubai and much of the stock is not available. Confirm the designation for the specific building before doing anything else.
Full district guide →Questions and answers about lot NP17-574333
How much is this 1-bedroom apartment in Avenue Park Towers?
Lot NP17-574333 is priced at AED 2 150 000, about $585 000. The size is 716 sq ft (67 m²), which works out at AED 3 003 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 430 000; a loan of AED 1 720 000 over 25 years at 3.75–4.99% a year comes to roughly AED 8 800–10 000 a month. A non-resident puts down from 40% (AED 860 000) and pays about AED 6 600–7 500 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 86 000 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 2 150 000. 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 NP17-574333 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Nearby in Deira / Bur Dubai
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