Jumeirah Gate Tower 1
5 BR · Penthouse · 6 bathrooms
Price history
Listed since 31 August 2026. The price has been cut once — dates and figures from the listing itself.
- 26 September 2026 AED 44 000 000
- 9 October 2026 AED 35 000 000 -20%
Where it is
The pin is placed by district — I send the exact address on request.
JBR
Jumeirah Beach Residence: a wall of towers directly on the beach, with The Walk and The Beach at their base.
- short-let income
- beachfront living
- walkable everyday life
What to check: Parking allocation is tight and visitor spaces fill with beach traffic. Confirm exactly how many bays come with the unit before you buy — in JBR this materially affects both what you can charge and who will rent it.
Full district guide →Questions and answers about lot NP4-486649
How much is this 5-bedroom penthouse in Jumeirah Gate Tower 1?
Lot NP4-486649 is priced at AED 35 000 000, about $9 530 000. The size is 4 246 sq ft (394 m²), which works out at AED 8 243 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 44 000 000 to AED 35 000 000: AED 9 000 000 less, or 20%. It was cut once. On the market since 31 August 2026.
Is this expensive or cheap for JBR?
The database holds 48 lots in JBR, starting from AED 1 450 000. The area median is AED 2 786 per sq ft; this lot is at AED 8 243. A gap that wide usually means an error in the listing rather than a real price difference — I will check it when you ask. 12 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
JBR area guide →Is the property ready or still under construction?
According to the listing, the property is ready.
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 30%, here AED 10 500 000; a loan of AED 24 500 000 over 25 years at 3.75–4.99% a year comes to roughly AED 126 000–143 100 a month. A non-resident puts down from 40% (AED 14 000 000) and pays about AED 108 000–122 600 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 1 400 000 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, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 35 000 000. 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: bathrooms — 6.
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 NP4-486649 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Jumeirah Gate Tower 1
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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