−7% Design Quarter Tower B
3 BR · Penthouse · 4 bathrooms
Price history
Listed since 18 September 2026. The price has been cut once — dates and figures from the listing itself.
- 1 November 2026 AED 7 500 000
- 13 November 2026 AED 7 000 000 -7%
About the building
44-storey residential building in Design Quarter. Developer — Meraas Holding.
What the building has
- Park and landscaping
Where it is
The pin is placed by project — accurate to the development, not the door.
Dubai Design District
Dubai Design District — the emirate's creative free zone on the canal, where the residential component came after the offices rather than before them.
- creative-industry professionals
- central canal-side location
- scarce residential stock
What to check: d3 sits inside the TECOM free zone, so the ownership and registration position is not automatically the same as mainland Dubai. Establish from the title documentation which applies to the specific unit before going far.
Full district guide →Questions and answers about lot NP4-623396
How much is this 3-bedroom penthouse in Design Quarter Tower B?
Lot NP4-623396 is priced at AED 7 000 000, about $1 906 000. The size is 2 730 sq ft (254 m²), which works out at AED 2 564 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 7 500 000 to AED 7 000 000: AED 500 000 less, or 7%. It was cut once. On the market since 18 September 2026.
Is this expensive or cheap for Dubai Design District?
The database holds 13 lots in Dubai Design District, starting from AED 1 780 000. The area median is AED 2 729 per sq ft; this lot, at AED 2 564, is 6% below it. 13 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Dubai Design District 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 280 000 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, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 7 000 000. 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 Design Quarter Tower B?
The building has 44 floors and 275 units. The developer is Meraas. 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 NP4-623396 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Design Quarter Tower B
Reviews from the English YouTube channel — each one with a written breakdown on this site.
Nearby in Dubai Design District
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