Park Avenue
Retail
Questions and answers about lot NP19-585867
How much is this retail unit in Park Avenue?
Lot NP19-585867 is priced at AED 2 500 000, about $681 000. The size is 3 057 sq ft (284 m²), which works out at AED 818 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 property be bought with a loan?
A home mortgage does not cover commercial property: UAE banks run separate programmes for offices and retail units, with a different down payment and a different borrower check.
Commercial mortgage →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 100 000 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.
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 NP19-585867 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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