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Dubai Islands

WYNWOOD

1 BR · Apartment

What the seller states

Floor
(7-12)
View
Road, Partial Canal
Balcony
Yes

Details as stated by the seller for this specific unit — not characteristics of the building.

Payment plan

Payment plan for the unit
The seller’s own schedule for this unit. Fees and instalments are as stated by them and are confirmed at the deal.

About the building

A residential building in Dubai Islands, currently under construction. Developer — Imtiaz Developments.

Specifications for Wynwood as published by the developer — the project is under construction, so there is no Land Department record yet. They describe the whole building, not the individual unit.

Where it is

The pin is placed by district — I send the exact address on request.

Dubai Islands

The reclaimed islands off Deira, formerly Deira Islands: beaches, hotels and new residential on the northern coast.

  • beachfront below southern-coast prices
  • central northern location
  • long-horizon holds

What to check: The masterplan was relaunched and revised once already. Buy within a contracted phase with a stated completion date, and confirm what is planned between your building and the water.

Full district guide →

Questions and answers about lot NP2-191657

How much is this 1-bedroom apartment in WYNWOOD?

Lot NP2-191657 is priced at AED 1 720 000, about $468 000. The size is 724 sq ft (67 m²), which works out at AED 2 376 per sq ft.

How much has the price of this lot been cut?

The price before the cut was AED 1 984 284; it is now AED 1 720 000 — AED 264 284 less, or 13%.

Is this expensive or cheap for Dubai Islands?

The database holds 45 lots in Dubai Islands, starting from AED 1 500 000. The area median is AED 2 099 per sq ft; this lot, at AED 2 376, is 13% above it. 12 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

Dubai Islands area guide →

Is the property ready or still under construction?

The handover date in the listing is Q3 2027. Until then payments follow the developer's payment plan. The date comes from the seller and is checked against the sale agreement before a deal.

Can I get a mortgage on this lot while it is still under construction?

During construction the buyer pays the developer under the payment plan — UAE banks grant standard mortgages on ready homes. A loan is possible for the final payment, once the property has its completion certificate.

Mortgage for the final payment →

What costs come on top of the price?

The main one is the Dubai Land Department registration fee: 4% of the price, AED 68 800 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 the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 280 000 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.

Golden Visa and residence visas →

What does the seller say about the property itself?

From the listing: floor — (7-12); view — Road, Partial Canal. The seller's wording is quoted as is.

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 NP2-191657 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

Video

Video: WYNWOOD

Reviews from the English YouTube channel — each one with a written breakdown on this site.

Handover payment

A mortgage covers the final instalment

The final payment on this building falls in 2027 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.

  • Up to 80% of the appraised value, no extra down payment
  • 3.99% fixed for three years, up to 25 years in term
  • 6–12 months before the keys — the bank wants six months of income history

Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.

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