−4% Photos and renders of the building and grounds — not of this particular unit.
Binghatti Galaxy
1 BR · Apartment
About the building
A residential building in Jumeirah Village Circle. Developer — Binghatti Developers.
Where it is
The pin is placed by district — I send the exact address on request.
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 NP8-108069
How much is this 1-bedroom apartment in Binghatti Galaxy?
Lot NP8-108069 is priced at AED 1 300 000, about $354 000. The size is 1 002 sq ft (93 m²), which works out at AED 1 297 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 1 360 000; it is now AED 1 300 000 — AED 60 000 less, or 4%.
Is this expensive or cheap for JVC?
The database holds 268 lots in JVC. The area median is AED 2 229 per sq ft; this lot is at AED 1 297. A gap that wide usually means an error in the listing rather than a real price difference — I will check it when you ask. 148 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.
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 260 000; a loan of AED 1 040 000 over 25 years at 3.75–4.99% a year comes to roughly AED 5 300–6 100 a month. A non-resident puts down from 40% (AED 520 000) and pays about AED 4 000–4 600 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 52 000 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 700 000 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 →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 NP8-108069 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Binghatti Galaxy
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