−11% Al Ghurair Residence 5
2 BR · Apartment · 3 bathrooms
Price history
Listed since 4 August 2026. The price has been cut once — dates and figures from the listing itself.
- 21 October 2026 AED 1 800 000
- 3 November 2026 AED 1 600 000 -11%
About the building
17-storey residential building in Living Legends, completed in 2025. Developer — Amer Alghurair Real Estate Development Co. Architect — Future Art Engineering Consultancy.
Where it is
The pin is placed by project — accurate to the development, not the door.
Living Legends
A small, quiet, established community in Dubailand: apartments and villas around a golf course, and almost nobody has heard of it.
- value versus branded golf communities
- quiet low-density living
- yield buyers
What to check: The project had a long stalled construction history, which makes the service charge record and the reserve fund position the first things to examine. Deferred maintenance is the recurring problem in communities with troubled delivery.
Full district guide →Questions and answers about lot NP4-295581
How much is this 2-bedroom apartment in Al Ghurair Residence 5?
Lot NP4-295581 is priced at AED 1 600 000, about $436 000. The size is 1 481 sq ft (138 m²), which works out at AED 1 080 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 1 800 000 to AED 1 600 000: AED 200 000 less, or 11%. It was cut once. On the market since 4 August 2026.
Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2025 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 320 000; a loan of AED 1 280 000 over 25 years at 3.75–4.99% a year comes to roughly AED 6 600–7 500 a month. A non-resident puts down from 40% (AED 640 000) and pays about AED 4 900–5 600 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 64 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. 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 400 000 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 is known about Al Ghurair Residence 5?
The building has 17 floors and 198 units. Completion year: 2025. Figures are from the project passport: Propsearch and the Dubai Land Department.
What does the seller say about the property itself?
From the listing: bathrooms — 3.
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 NP4-295581 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Al Ghurair Residence 5
Reviews from the English YouTube channel — each one with a written breakdown on this site.
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram