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Business Bay

The Edge Tower B

1 BR · Apartment · 1 bathroom

Price history

Listed since 28 September 2026. The price has been cut once — dates and figures from the listing itself.

  1. 15 October 2026 AED 1 950 000
  2. 28 October 2026 AED 1 670 000 -14%

Where it is

The pin is placed by district — I send the exact address on request.

Business Bay

The canal district next to Downtown: conceived as offices, built mostly as apartments, now one of the most tenanted parts of the city.

  • central location at a discount
  • short-let on the canal
  • deep tenant demand

What to check: Quality varies enormously between towers here. Walk the building on a normal weekday and get three years of service charge history before you offer — in Business Bay the building matters far more than the district average.

Full district guide →

Questions and answers about lot NP4-562031

How much is this 1-bedroom apartment in The Edge Tower B?

Lot NP4-562031 is priced at AED 1 670 000, about $455 000. The size is 634 sq ft (59 m²), which works out at AED 2 634 per sq ft.

Has the price of this lot been cut?

Yes. The listing history shows the price going from AED 1 950 000 to AED 1 670 000: AED 280 000 less, or 14%. It was cut once. On the market since 28 September 2026.

How does this price compare with other lots in The Edge Tower B?

The database holds 2 lots in The Edge Tower B right now, from AED 1 640 000 to AED 1 670 000. 2 of them share this type and bedroom count: this lot is the most expensive.

Is this expensive or cheap for Business Bay?

The database holds 339 lots in Business Bay. The area median is AED 2 960 per sq ft; this lot, at AED 2 634, is 11% below it. 130 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

Business Bay 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 66 800 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 330 000 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 →

What does the seller say about the property itself?

From the listing: bathrooms — 1.

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 NP4-562031 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

Video

Video: The Edge Tower B

Reviews from the English YouTube channel — each one with a written breakdown on this site.

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