Flamingo Lux Residence
2 BR · Apartment · 3 bathrooms
Price history
Listed since 5 October 2026. The price has been cut once — dates and figures from the listing itself.
- 8 October 2026 AED 3 099 952
- 17 October 2026 AED 3 253 792 + 5%
- 18 October 2026 AED 3 099 952 -5%
Where it is
The pin is placed by district — I send the exact address on request.
Meydan
The racecourse district: low-density, central, and increasingly the default answer for a house within fifteen minutes of Downtown.
- houses close to Downtown
- families wanting space
- low-density central living
What to check: Meydan is not a single-developer masterplan — build quality, community management and service charges vary sharply between sub-communities. Check who built yours and what else they have delivered.
Full district guide →Questions and answers about lot NP4-519182
How much is this 2-bedroom apartment in Flamingo Lux Residence?
Lot NP4-519182 is priced at AED 3 099 952, about $844 000. The size is 1 361 sq ft (126 m²), which works out at AED 2 278 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 3 253 792; it is now AED 3 099 952 — AED 153 840 less, or 5%.
How does this price compare with other lots in Flamingo Lux Residence?
The database holds 2 lots in Flamingo Lux Residence right now, from AED 3 099 952 to AED 4 498 340.
Is this expensive or cheap for Meydan?
The database holds 47 lots in Meydan. The area median is AED 2 144 per sq ft; this lot, at AED 2 278, is 6% above it. 16 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Meydan 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 20%, here AED 620 000; a loan of AED 2 480 000 over 25 years at 3.75–4.99% a year comes to roughly AED 12 800–14 500 a month. A non-resident puts down from 40% (AED 1 240 000) and pays about AED 9 600–10 900 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 123 998 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 3 099 952. 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 — 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 NP4-519182 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Flamingo Lux Residence
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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