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Palm Jumeirah

ONE CRESCENT SKY VILLA

5 BR · Apartment

What the seller states

Floor
LOW
View
Burj Al Arab
  • Pool on the balcony

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.

Where it is

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

Palm Jumeirah

The palm-shaped island: villas on the fronds, apartments along the trunk, resorts around the crescent.

  • short-let income
  • beachfront living
  • capital preservation

What to check: Confirm in writing that the specific building permits holiday lets before you underwrite any short-let income, and model summer and winter occupancy separately — beach-driven demand falls sharply from June to September.

Full district guide →

Questions and answers about lot NP2-509332

How much is this 5-bedroom apartment in ONE CRESCENT SKY VILLA?

Lot NP2-509332 is priced at AED 32 000 000, about $8 713 000. The size is 7 672 sq ft (713 m²), which works out at AED 4 171 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 Palm Jumeirah?

The database holds 213 lots in Palm Jumeirah, starting from AED 1 220 000. The area median is AED 4 171 per sq ft; this lot, at AED 4 171, is level with it. 29 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

Palm Jumeirah area guide →

Is the property ready or still under construction?

The handover date in the listing is DEC 2026. 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 1 280 000 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 32 000 000. 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 — LOW; view — Burj Al Arab. 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 NP2-509332 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

Handover payment

A mortgage covers the final instalment

The final payment on this building falls in 2026 — 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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