−6% South Bay 1
5 BR · Villa · 6 bathrooms
Price history
Listed since 28 September 2026. The price has been cut once — dates and figures from the listing itself.
- 22 October 2026 AED 12 000 000
- 3 November 2026 AED 11 300 000 -6%
About the building
Located in South Bay.
Where it is
The pin is placed by project — accurate to the development, not the door.
Questions and answers about lot NP4-587041
How much is this 5-bedroom villa in South Bay 1?
Lot NP4-587041 is priced at AED 11 300 000, about $3 077 000. The size is 8 419 sq ft (782 m²), which works out at AED 1 342 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 12 000 000 to AED 11 300 000: AED 700 000 less, or 6%. It was cut once. On the market since 28 September 2026.
How does this price compare with other lots in South Bay 1?
The database holds 2 lots in South Bay 1 right now, from AED 4 300 000 to AED 11 300 000.
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 30%, here AED 3 390 000; a loan of AED 7 910 000 over 25 years at 3.75–4.99% a year comes to roughly AED 40 700–46 200 a month. A non-resident puts down from 40% (AED 4 520 000) and pays about AED 34 900–39 600 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 452 000 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 11 300 000. 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 — 6.
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 NP4-587041 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: South Bay 1
Reviews from the English YouTube channel — each one with a written breakdown on this site.
More in this building
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram