Derby Heights
1 BR · Apartment · 2 bathrooms
Price history
Listed since 9 October 2026. The price has been cut once — dates and figures from the listing itself.
- 9 October 2026 AED 1 549 474
- 10 October 2026 AED 1 477 015 -5%
Where it is
The pin is placed by district — I send the exact address on request.
MBR City
Mohammed Bin Rashid City: lagoon communities and villa districts between Downtown and Nad Al Sheba.
- villas close to Downtown
- lagoon living
- long-horizon holds
What to check: Large parts of the masterplan are still open sites and phases get resequenced. Check what is contracted and under construction immediately around your plot, and price the purchase on that rather than on the full masterplan.
Full district guide →Questions and answers about lot NP4-490450
How much is this 1-bedroom apartment in Derby Heights?
Lot NP4-490450 is priced at AED 1 477 015, about $402 000. The size is 797 sq ft (74 m²), which works out at AED 1 853 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 1 549 474 to AED 1 477 015: AED 72 459 less, or 5%. It was cut once. On the market since 9 October 2026.
Is this expensive or cheap for MBR City?
The database holds 30 lots in MBR City, starting from AED 665 000. The area median is AED 2 270 per sq ft; this lot, at AED 1 853, is 18% below it. 15 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
MBR City 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 59 081 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 522 985 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: 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 NP4-490450 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Derby Heights
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