Evergrin House by Object
1 BR · Apartment
Where it is
The pin is placed by district — I send the exact address on request.
Al Satwa
An old low-rise quarter between Jumeirah and Sheikh Zayed Road: the cheapest genuinely central land in the city, and a perpetual candidate for redevelopment.
- maximum centrality for minimum money
- a bet on redevelopment
- old-city street life
What to check: Buy on today's rent and treat the Jumeirah Garden City redevelopment as unpriced optionality, not as a dated event — it has been on the plans for years without wholesale execution, and the timeline is not knowable.
Full district guide →Questions and answers about lot NP7-513914
How much is this 1-bedroom apartment in Evergrin House by Object?
Lot NP7-513914 is priced at AED 2 000 000, about $545 000. The size is 920 sq ft (85 m²), which works out at AED 2 174 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 Al Satwa?
The database holds 5 lots in Al Satwa, starting from AED 897 600. The area median is AED 2 459 per sq ft; this lot, at AED 2 174, is 12% below it. 1 lot in the area has a reduced price. The median is taken from listings in our database, not from registered sales.
Al Satwa area guide →Is the property ready or still under construction?
The handover date in the listing is Q4 2026. Until then payments follow the developer's payment plan. The date comes from the seller and is checked against the sale agreement before a deal.
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 80 000 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 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 →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 NP7-513914 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Nearby in Al Satwa
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram