Al Zarooni Building
2 BR · Apartment
Questions and answers about lot NP4-528432
How much is this 2-bedroom apartment in Al Zarooni Building?
Lot NP4-528432 is priced at AED 1 470 000, about $400 000. The size is 1 387 sq ft (129 m²), which works out at AED 1 060 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 1 580 000; it is now AED 1 470 000 — AED 110 000 less, or 7%.
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 294 000; a loan of AED 1 176 000 over 25 years at 3.75–4.99% a year comes to roughly AED 6 000–6 900 a month. A non-resident puts down from 40% (AED 588 000) and pays about AED 4 500–5 200 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 58 800 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 the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 530 000 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 →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 NP4-528432 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Al Zarooni Building
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