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MBR City / Meydan Horizon

Mansory Residences by Amaal

1 BR · Apartment

Where it is

The pin is placed by district — I send the exact address on request.

MBR City

Mohammed Bin Rashid City: lagoon communities and villa districts between Downtown and Nad Al Sheba.

  • villas close to Downtown
  • lagoon living
  • long-horizon holds

What to check: Large parts of the masterplan are still open sites and phases get resequenced. Check what is contracted and under construction immediately around your plot, and price the purchase on that rather than on the full masterplan.

Full district guide →

Questions and answers about lot NP7-513915

How much is this 1-bedroom apartment in Mansory Residences by Amaal?

Lot NP7-513915 is priced at AED 2 300 000, about $626 000. The size is 880 sq ft (82 m²), which works out at AED 2 614 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 MBR City?

The database holds 30 lots in MBR City, starting from AED 665 000. The area median is AED 2 608 per sq ft; this lot, at AED 2 614, is level with it. 14 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

MBR City area guide →

Is the property ready or still under construction?

The handover date in the listing is 2028. 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 92 000 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 2 300 000. 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 NP7-513915 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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