−10% Imperial Avenue
3 BR · Apartment · 4 bathrooms
Price history
Listed since 8 October 2026. The price has been cut once — dates and figures from the listing itself.
- 23 October 2026 AED 5 500 000
- 4 November 2026 AED 4 950 000 -10%
About the building
46-storey residential building in Downtown Dubai, completed in 2026. Developer — Shapoorji Pallonji International. Architect — Archon Consultants.
Where it is
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 NP4-593825
How much is this 3-bedroom apartment in Imperial Avenue?
Lot NP4-593825 is priced at AED 4 950 000, about $1 348 000. The size is 1 922 sq ft (179 m²), which works out at AED 2 575 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 5 500 000 to AED 4 950 000: AED 550 000 less, or 10%. It was cut once. On the market since 8 October 2026.
How does this price compare with other lots in Imperial Avenue?
The database holds 9 lots in Imperial Avenue right now, from AED 3 800 000 to AED 24 990 000. 5 of them share this type and bedroom count: this lot is the cheapest. At AED 2 575 per sq ft this lot is 24% below the median for the other lots in the project (AED 3 389).
Is this expensive or cheap for Downtown Dubai?
The database holds 211 lots in Downtown Dubai, starting from AED 1 300 000. The area median is AED 3 591 per sq ft; this lot, at AED 2 575, is 28% below it. 38 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 ready. The project passport gives 2026 as the completion year.
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 990 000; a loan of AED 3 960 000 over 25 years at 3.75–4.99% a year comes to roughly AED 20 400–23 100 a month. A non-resident puts down from 40% (AED 1 980 000) and pays about AED 15 300–17 300 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 198 000 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 4 950 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Imperial Avenue?
The building has 46 floors and 424 units. The developer is Shapoorji Pallonji International. Completion year: 2026. Figures are from the project passport: Propsearch and the Dubai Land Department.
Imperial Avenue project page →What does the seller say about the property itself?
From the listing: bathrooms — 4.
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 NP4-593825 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Imperial Avenue
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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