−9% Binghatti Tulip
2 BR · Apartment · 3 bathrooms
Price history
Listed since 9 November 2026. The price has been cut once — dates and figures from the listing itself.
- 10 November 2026 AED 2 000 000
- 13 November 2026 AED 1 825 000 -9%
About the building
37-storey residential building in JVC District 11, completed in 2025. Developer — Binghatti Developers. Architect — Silver Stone Engineering Consultants.
Where it is
JVC
Jumeirah Village Circle: the highest-volume apartment district in Dubai, and the default answer for yield.
- strong gross yields
- deep tenant demand
- accessible entry prices
What to check: Building quality here ranges from genuinely good to genuinely poor and the district average hides both. Visit on a normal weekday, check the parking and the lifts, and pull three years of service charge history before you offer.
Full district guide →Questions and answers about lot NP4-623433
How much is this 2-bedroom apartment in Binghatti Tulip?
Lot NP4-623433 is priced at AED 1 825 000, about $497 000. The size is 1 223 sq ft (114 m²), which works out at AED 1 492 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 2 000 000 to AED 1 825 000: AED 175 000 less, or 9%. It was cut once. On the market since 9 November 2026.
How does this price compare with other lots in Binghatti Tulip?
The database holds 2 lots in Binghatti Tulip right now, from AED 970 000 to AED 1 825 000.
Is this expensive or cheap for JVC?
The database holds 263 lots in JVC, starting from AED 490 000. The area median is AED 2 216 per sq ft; this lot, at AED 1 492, is 33% below it. 139 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
JVC area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2025 as the completion year.
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 20%, here AED 365 000; a loan of AED 1 460 000 over 25 years at 3.75–4.99% a year comes to roughly AED 7 500–8 500 a month. A non-resident puts down from 40% (AED 730 000) and pays about AED 5 600–6 400 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 73 000 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 the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 175 000 short of the 10-year Golden Visa, granted from AED 2 000 000. 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 Binghatti Tulip?
The building has 37 floors. The developer is Binghatti. Completion year: 2025. Figures are from the project passport: Propsearch and the Dubai Land Department.
Binghatti Tulip 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 NP4-623433 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Binghatti Tulip
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