−6% Park Lane Building 1B
3 BR · Apartment
About the building
Located in Dubai Hills Estate. Developer — Emaar Properties. Architect — Dubai Consultants.
What the building has
- Park and landscaping
Where it is
The pin is placed by project — accurate to the development, not the door.
Dubai Hills Estate
Emaar’s flagship family masterplan: a golf course, a park, a mall and schools, eleven minutes from Downtown.
- families with children
- long-term holds
- reliable community management
What to check: Confirm what is still under construction around your specific phase — parts of the masterplan were finished years ago and others are active sites, and the difference in daily life and achievable rent is large.
Full district guide →Questions and answers about lot NP4-623419
How much is this 3-bedroom apartment in Park Lane Building 1B?
Lot NP4-623419 is priced at AED 3 599 888, about $980 000. The size is 1 523 sq ft (141 m²), which works out at AED 2 364 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 3 825 000; it is now AED 3 599 888 — AED 225 112 less, or 6%.
Is this expensive or cheap for Dubai Hills Estate?
The database holds 103 lots in Dubai Hills Estate, starting from AED 1 320 000. The area median is AED 2 472 per sq ft; this lot, at AED 2 364, is 4% below it. 34 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Dubai Hills Estate 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 143 996 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 3 599 888. 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 Park Lane Building 1B?
The building has 10 floors. Figures are from the project passport: Propsearch and the Dubai Land Department.
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 NP4-623419 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Park Lane Building 1B
Reviews from the English YouTube channel — each one with a written breakdown on this site.
Nearby in Dubai Hills Estate
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