−3% One Residence
Studio · 1 bathroom
Price history
Listed since 26 October 2026. The price has been cut once — dates and figures from the listing itself.
- 27 October 2026 AED 1 450 000
- 28 October 2026 AED 1 500 000 + 3%
- 2 November 2026 AED 1 450 000 -3%
Where it is
The pin is placed by district — I send the exact address on request.
Downtown Dubai
The Burj Khalifa district — the most recognisable address in the emirate and the densest piece of it.
- short-let income
- a landmark address
- fast resale
What to check: The service charge here is among the highest in Dubai and in older towers it has climbed faster than rent. Calculate your yield after the charge, not before, and ask for three years of charge history before making an offer.
Full district guide →Questions and answers about lot NP4-583276
How much is this studio in One Residence?
Lot NP4-583276 is priced at AED 1 450 000, about $395 000. The size is 470 sq ft (44 m²), which works out at AED 3 085 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 1 500 000; it is now AED 1 450 000 — AED 50 000 less, or 3%.
Is this expensive or cheap for Downtown Dubai?
The database holds 216 lots in Downtown Dubai, starting from AED 1 300 000. The area median is AED 3 591 per sq ft; this lot, at AED 3 085, is 14% below it. 37 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Downtown Dubai 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 58 000 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 the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 550 000 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 NP4-583276 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: One Residence
Reviews from the English YouTube channel — each one with a written breakdown on this site.
Nearby in Downtown Dubai
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