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Business Bay

Jumeirah Living Business Bay

2 BR · Apartment · 3 bathrooms

Price history

Listed since 2 October 2026. The price has been cut once — dates and figures from the listing itself.

  1. 31 October 2026 AED 10 500 000
  2. 13 November 2026 AED 9 600 000 -9%

About the building

36-storey residential building in Peninsula. Developer — Select Group. Architect — Killa Design.

What the building has

  • Swimming pool
  • Gym
  • Spa and sauna
  • 24/7 security

Where it is

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 NP4-623387

How much is this 2-bedroom apartment in Jumeirah Living Business Bay?

Lot NP4-623387 is priced at AED 9 600 000, about $2 614 000. The size is 2 067 sq ft (192 m²), which works out at AED 4 644 per sq ft.

Has the price of this lot been cut?

Yes. The listing history shows the price going from AED 10 500 000 to AED 9 600 000: AED 900 000 less, or 9%. It was cut once. On the market since 2 October 2026.

How does this price compare with other lots in Jumeirah Living Business Bay?

The database holds 2 lots in Jumeirah Living Business Bay right now, from AED 7 799 000 to AED 9 600 000. 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 361 lots in Business Bay. The area median is AED 2 875 per sq ft; this lot, at AED 4 644, is 62% above it. 107 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 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 2 880 000; a loan of AED 6 720 000 over 25 years at 3.75–4.99% a year comes to roughly AED 34 500–39 200 a month. A non-resident puts down from 40% (AED 3 840 000) and pays about AED 29 600–33 600 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 384 000 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 9 600 000. 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 Jumeirah Living Business Bay?

The building has 36 floors and 82 units. Figures are from the project passport: Propsearch and the Dubai Land Department.

Jumeirah Living Business Bay project page →

What does the seller say about the property itself?

From the listing: bathrooms — 3.

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 NP4-623387 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

Video

Video: Jumeirah Living Business Bay

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