−21% Kempinski Central Avenue Dubai
3 BR · Penthouse · 4 bathrooms
Price history
Listed since 8 June 2026. The price has been cut once — dates and figures from the listing itself.
- 29 October 2026 AED 95 000 000
- 11 November 2026 AED 75 000 000 -21%
About the building
48-storey hotel residence in Downtown Dubai.
Where it is
The pin is placed by project — accurate to the development, not the door.
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 NP4-617022
How much is this 3-bedroom penthouse in Kempinski Central Avenue Dubai?
Lot NP4-617022 is priced at AED 75 000 000, about $20 422 000. The size is 5 357 sq ft (498 m²), which works out at AED 14 000 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 95 000 000 to AED 75 000 000: AED 20 000 000 less, or 21%. It was cut once. On the market since 8 June 2026.
Is this expensive or cheap for Downtown Dubai?
The database holds 213 lots in Downtown Dubai, starting from AED 1 300 000. The area median is AED 3 625 per sq ft; this lot is at AED 14 000. A gap that wide usually means an error in the listing rather than a real price difference — I will check it when you ask. 40 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.
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 22 500 000; a loan of AED 52 500 000 over 25 years at 3.75–4.99% a year comes to roughly AED 269 900–306 600 a month. A non-resident puts down from 40% (AED 30 000 000) and pays about AED 231 400–262 800 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 3 000 000 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 75 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Kempinski Central Avenue Dubai?
The building has 48 floors. Figures are from the project passport: Propsearch and the Dubai Land Department.
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 NP4-617022 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Kempinski Central Avenue Dubai
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