Photos and renders of the building and grounds — not of this particular unit.
Malta
1 BR · Apartment
About the building
Located in Damac Lagoons. Architect — BH NS Engineering Consultants.
Where it is
Damac Lagoons
Mediterranean-themed clusters around swimmable lagoons, next to Damac Hills — the water-community answer to the golf community.
- swimmable lagoon living
- family townhouses
- differentiated product
What to check: The gap between a lagoon-frontage plot and one several rows back is the biggest price variable here and it is easy to misread on a masterplan. Establish exactly what your plot faces before paying a waterfront premium.
Full district guide →Questions and answers about lot NP6-588032
How much is this 1-bedroom apartment in Malta?
Lot NP6-588032 is priced at AED 12 500 000, about $3 404 000. The size is 12 300 sq ft (1 143 m²), which works out at AED 1 016 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.
How does this price compare with other lots in Malta?
The database holds 2 lots in Malta right now, from AED 3 750 000 to AED 12 500 000. 2 of them share this type and bedroom count: this lot is the most expensive.
Is this expensive or cheap for Damac Lagoons?
The database holds 30 lots in Damac Lagoons, starting from AED 1 100 000. The area median is AED 1 301 per sq ft; this lot, at AED 1 016, is 22% below it. 9 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Damac Lagoons 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 30%, here AED 3 750 000; a loan of AED 8 750 000 over 25 years at 3.75–4.99% a year comes to roughly AED 45 000–51 100 a month. A non-resident puts down from 40% (AED 5 000 000) and pays about AED 38 600–43 800 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 500 000 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 12 500 000. 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 NP6-588032 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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