Park Gate Residence A
3 BR · Apartment
Where it is
The pin is placed by district — I send the exact address on request.
Zabeel
The palace district: parkland, government headquarters and a small amount of very tightly held residential.
- central parkside living
- scarcity holds
- quiet in the middle of the city
What to check: Very few units trade here, so comparable transactions are scarce and valuations are wide. Confirm the property is designated freehold and open to foreign ownership before going far — central Dubai contains a mix.
Full district guide →Questions and answers about lot NP4-551949
How much is this 3-bedroom apartment in Park Gate Residence A?
Lot NP4-551949 is priced at AED 4 800 000, about $1 307 000. The size is 2 155 sq ft (200 m²), which works out at AED 2 227 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 5 000 000; it is now AED 4 800 000 — AED 200 000 less, or 4%.
Is this expensive or cheap for Zabeel?
The database holds 6 lots in Zabeel, starting from AED 2 300 000. The area median is AED 3 133 per sq ft; this lot, at AED 2 227, is 29% below it. 2 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Zabeel 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 960 000; a loan of AED 3 840 000 over 25 years at 3.75–4.99% a year comes to roughly AED 19 700–22 400 a month. A non-resident puts down from 40% (AED 1 920 000) and pays about AED 14 800–16 800 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 192 000 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 4 800 000. 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 NP4-551949 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Park Gate Residence A
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