Seagate Bldg 3
1 BR · Apartment
Where it is
The pin is placed by district — I send the exact address on request.
Mina Rashid
The old Port Rashid, being converted by Emaar into a waterfront district with a superyacht marina and the QE2 in the harbour.
- central waterfront at a discount
- ten-year regeneration holds
- Emaar delivery
What to check: Check what is planned on the plots between your building and the water. In a phased waterfront masterplan, a front-row position today can become second row once the next phase completes.
Full district guide →Questions and answers about lot NP17-574863
How much is this 1-bedroom apartment in Seagate Bldg 3?
Lot NP17-574863 is priced at AED 2 350 000, about $640 000. The size is 1 156 sq ft (107 m²), which works out at AED 2 033 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 Mina Rashid?
The database holds 21 lots in Mina Rashid, starting from AED 1 536 000. The area median is AED 2 064 per sq ft; this lot, at AED 2 033, is level with it. 15 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Mina Rashid 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 20%, here AED 470 000; a loan of AED 1 880 000 over 25 years at 3.75–4.99% a year comes to roughly AED 9 700–11 000 a month. A non-resident puts down from 40% (AED 940 000) and pays about AED 7 200–8 200 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 94 000 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 2 350 000. 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 NP17-574863 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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