The Quayside
Apartment
About the building
20-storey residential building in Business Bay. Developer — Ellington Properties Development. Architect — LACASA Architects & Engineering Consultants.
Where it is
Business Bay
The canal district next to Downtown: conceived as offices, built mostly as apartments, now one of the most tenanted parts of the city.
- central location at a discount
- short-let on the canal
- deep tenant demand
What to check: Quality varies enormously between towers here. Walk the building on a normal weekday and get three years of service charge history before you offer — in Business Bay the building matters far more than the district average.
Full district guide →Questions and answers about lot NP9-108508
How much is this apartment in The Quayside?
Lot NP9-108508 is priced at AED 4 449 000, about $1 211 000. The size is 1 384 sq ft (129 m²), which works out at AED 3 215 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.
How does this price compare with other lots in The Quayside?
The database holds 6 lots in The Quayside right now, from AED 1 370 000 to AED 4 499 000. At AED 3 215 per sq ft this lot is 26% above the median for the other lots in the project (AED 2 542).
Is this expensive or cheap for Business Bay?
The database holds 353 lots in Business Bay. The area median is AED 2 886 per sq ft; this lot, at AED 3 215, is 11% above it. 102 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Business Bay area guide →Is the property ready or still under construction?
The handover date in the listing is Q3 2026, which has already passed. I will confirm whether the property has actually been handed over when you ask: listings are not always updated.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 20%, here AED 890 000; a loan of AED 3 559 000 over 25 years at 3.75–4.99% a year comes to roughly AED 18 300–20 800 a month. A non-resident puts down from 40% (AED 1 780 000) and pays about AED 13 700–15 600 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 177 960 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 4 449 000. 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 The Quayside?
The building has 20 floors and 119 units. 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 NP9-108508 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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