−4% Park Lane By VIDA
2 BR · Apartment
About the building
Located in Dubai Hills Estate. Developer — Emaar Properties. Architect — Dubai Consultants.
What the building has
- Park and landscaping
Where it is
The pin is placed by project — accurate to the development, not the door.
Dubai Hills Estate
Emaar’s flagship family masterplan: a golf course, a park, a mall and schools, eleven minutes from Downtown.
- families with children
- long-term holds
- reliable community management
What to check: Confirm what is still under construction around your specific phase — parts of the masterplan were finished years ago and others are active sites, and the difference in daily life and achievable rent is large.
Full district guide →Questions and answers about lot NP8-540315
How much is this 2-bedroom apartment in Park Lane By VIDA?
Lot NP8-540315 is priced at AED 2 370 000, about $645 000. The size is 1 040 sq ft (97 m²), which works out at AED 2 279 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 2 470 000; it is now AED 2 370 000 — AED 100 000 less, or 4%.
Is this expensive or cheap for Dubai Hills Estate?
The database holds 116 lots in Dubai Hills Estate, starting from AED 1 240 000. The area median is AED 2 567 per sq ft; this lot, at AED 2 279, is 11% below it. 34 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Dubai Hills Estate 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 474 000; a loan of AED 1 896 000 over 25 years at 3.75–4.99% a year comes to roughly AED 9 700–11 100 a month. A non-resident puts down from 40% (AED 948 000) and pays about AED 7 300–8 300 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 94 800 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, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 2 370 000. 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 Park Lane By VIDA?
The building has 10 floors. The developer is Emaar. 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 NP8-540315 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Park Lane By VIDA
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Nearby in Dubai Hills Estate
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