−8% Photos and renders of the building and grounds — not of this particular unit.
Nice
5 BR · Villa · 6 bathrooms
Price history
Listed since 14 October 2026. The price has been cut once — dates and figures from the listing itself.
- 14 October 2026 AED 3 700 000
- 15 October 2026 AED 4 000 000 + 8%
- 18 October 2026 AED 3 700 000 -7%
About the building
Located in Damac Lagoons. Architect — Khatib & Alami.
Where it is
Questions and answers about lot NP4-519171
How much is this 5-bedroom villa in Nice?
Lot NP4-519171 is priced at AED 3 700 000, about $1 007 000. The size is 3 262 sq ft (303 m²), which works out at AED 1 134 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 4 000 000; it is now AED 3 700 000 — AED 300 000 less, or 8%.
How does this price compare with other lots in Nice?
The database holds 2 lots in Nice right now, all at AED 3 700 000. 2 of them share this type and bedroom count: this lot is the cheapest.
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 148 000 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 3 700 000. 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 Nice?
The project has 551 units. Figures are from the project passport: Propsearch and the Dubai Land Department.
Nice project page →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 NP4-519171 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Nice
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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