−5% W Residences
2 BR · Apartment · 2 bathrooms
Price history
Listed since 17 September 2026. The price has been cut once — dates and figures from the listing itself.
- 29 September 2026 AED 3 990 000
- 10 October 2026 AED 3 800 000 -5%
Where it is
Downtown Dubai
The Burj Khalifa district — the most recognisable address in the emirate and the densest piece of it.
- short-let income
- a landmark address
- fast resale
What to check: The service charge here is among the highest in Dubai and in older towers it has climbed faster than rent. Calculate your yield after the charge, not before, and ask for three years of charge history before making an offer.
Full district guide →Questions and answers about lot NP4-490431
How much is this 2-bedroom apartment in W Residences?
Lot NP4-490431 is priced at AED 3 800 000, about $1 035 000. The size is 1 144 sq ft (106 m²), which works out at AED 3 322 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 3 990 000 to AED 3 800 000: AED 190 000 less, or 5%. It was cut once. On the market since 17 September 2026.
How does this price compare with other lots in W Residences?
The database holds 3 lots in W Residences right now, from AED 2 600 000 to AED 4 500 000. 2 of them share this type and bedroom count: this lot is the cheapest. At AED 3 322 per sq ft this lot is 13% below the median for the other lots in the project (AED 3 800).
Is this expensive or cheap for Downtown Dubai?
The database holds 160 lots in Downtown Dubai. The area median is AED 3 509 per sq ft; this lot, at AED 3 322, is 5% below it. 32 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Downtown Dubai area guide →Is the property ready or still under construction?
According to the listing, the property is still under construction; the seller gives no handover date — I will confirm it with the developer when you ask.
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 152 000 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 3 800 000. 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 — 2.
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 NP4-490431 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: W Residences
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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