Altai (distress)
1 BR · Apartment
About the building
31-storey residential building in JVT District 1. Developer — Tiger Properties. Architect — Arif & Bintoak.
Where it is
The pin is placed by project — accurate to the development, not the door.
JVT
The same idea as JVC, two storeys lower and considerably calmer: a grid of quiet streets where a townhouse costs what an apartment costs closer in.
- a townhouse at apartment money
- family tenants
- long tenancies
What to check: The community was built in phases and is still filling in. Check what stands on the plots around your street and what is permitted there — a quiet corner in JVT stops being quiet the moment the plot opposite starts building.
Full district guide →Questions and answers about lot NP6-107830
How much is this 1-bedroom apartment in Altai (distress)?
Lot NP6-107830 is priced at AED 810 000, about $221 000. The size is 580 sq ft (54 m²), which works out at AED 1 397 per sq ft.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.
Is this expensive or cheap for JVT?
The database holds 28 lots in JVT, starting from AED 549 000. The area median is AED 1 484 per sq ft; this lot, at AED 1 397, is 6% below it. 4 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
JVT area guide →Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 20%, here AED 162 000; a loan of AED 648 000 over 25 years at 3.75–4.99% a year comes to roughly AED 3 300–3 800 a month. A non-resident puts down from 40% (AED 324 000) and pays about AED 2 500–2 800 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 32 400 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 the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 1 190 000 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 Altai (distress)?
The building has 31 floors and 244 units. 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 NP6-107830 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Nearby in JVT
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram