Mina by Azizi
1 BR · Apartment
About the building
10-storey residential building in The Palm Crescent, completed in 2021. Developer — Azizi Developments. Architect — 360 Degrees Architectural Design Consultancy.
What the building has
- Children's area
- Parking
- 24/7 security
- Shops
- Beach
- Sports courts
- Park and landscaping
Where it is
Palm Jumeirah
The palm-shaped island: villas on the fronds, apartments along the trunk, resorts around the crescent.
- short-let income
- beachfront living
- capital preservation
What to check: Confirm in writing that the specific building permits holiday lets before you underwrite any short-let income, and model summer and winter occupancy separately — beach-driven demand falls sharply from June to September.
Full district guide →Questions and answers about lot NP9-108385
How much is this 1-bedroom apartment in Mina by Azizi?
Lot NP9-108385 is priced at AED 1 900 000, about $517 000. The size is 914 sq ft (85 m²), which works out at AED 2 079 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 Palm Jumeirah?
The database holds 247 lots in Palm Jumeirah, starting from AED 1 250 000. The area median is AED 4 202 per sq ft; this lot is at AED 2 079. A gap that wide usually means an error in the listing rather than a real price difference — I will check it when you ask. 29 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Palm Jumeirah area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2021 as the completion year.
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 380 000; a loan of AED 1 520 000 over 25 years at 3.75–4.99% a year comes to roughly AED 7 800–8 900 a month. A non-resident puts down from 40% (AED 760 000) and pays about AED 5 900–6 700 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 76 000 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 100 000 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 →What is known about Mina by Azizi?
The building has 10 floors and 178 units. The developer is Azizi Developments. Completion year: 2021. Figures are from the project passport: Propsearch and the Dubai Land Department.
Mina by Azizi project page →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 NP9-108385 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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