−3% Th8
3 BR · Apartment
Questions and answers about lot NP4-623420
How much is this 3-bedroom apartment in Th8?
Lot NP4-623420 is priced at AED 6 880 000, about $1 873 000. The size is 1 738 sq ft (161 m²), which works out at AED 3 959 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 7 100 000; it is now AED 6 880 000 — AED 220 000 less, or 3%.
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 2 064 000; a loan of AED 4 816 000 over 25 years at 3.75–4.99% a year comes to roughly AED 24 800–28 100 a month. A non-resident puts down from 40% (AED 2 752 000) and pays about AED 21 200–24 100 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 275 200 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 6 880 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →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 NP4-623420 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
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