Jumeirah Living
5 BR · Penthouse
Where it is
The pin is placed by district — I send the exact address on request.
Business Bay
The canal district next to Downtown: conceived as offices, built mostly as apartments, now one of the most tenanted parts of the city.
- central location at a discount
- short-let on the canal
- deep tenant demand
What to check: Quality varies enormously between towers here. Walk the building on a normal weekday and get three years of service charge history before you offer — in Business Bay the building matters far more than the district average.
Full district guide →Questions and answers about lot NP18-574901
How much is this 5-bedroom penthouse in Jumeirah Living?
Lot NP18-574901 is priced at AED 36 900 000, about $10 048 000. The size is 6 047 sq ft (562 m²), which works out at AED 6 102 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 Business Bay?
The database holds 387 lots in Business Bay. The area median is AED 2 869 per sq ft; this lot, at AED 6 102, is 113% above it. 128 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Business Bay 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 11 070 000; a loan of AED 25 830 000 over 25 years at 3.75–4.99% a year comes to roughly AED 132 800–150 800 a month. A non-resident puts down from 40% (AED 14 760 000) and pays about AED 113 800–129 300 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 1 476 000 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 36 900 000. 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 NP18-574901 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Jumeirah Living
Reviews from the English YouTube channel — each one with a written breakdown on this site.
23:36 Madinat Jumeirah Living by Meraas: living opposite the Burj Al Arab
MJL sits across from Madinat Jumeirah — two five-star hotels, a souk, a theatre and forty restaurants on a kilometre of private beach — with the Burj Al Arab and Mall of the Emirates nearby.
WatchNearby in Business Bay
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