Al Fattan Marine Towers
Apartment
About the building
Located in Jumeirah Beach Residence, completed in 2006. Developer — Al Fattan Properties. Architect — Norr Group Consultants International Ltd.
What the building has
- Parking
- Shops
Where it is
Dubai Marina
The original high-rise waterfront: a dense forest of towers around a man-made marina, and still the busiest rental market in the city.
- reliable rental income
- car-free living
- fast resale
What to check: Much of the stock is fifteen to twenty years old and building condition varies enormously. Get the service charge history and walk the common areas before you offer — an unmaintained tower will cost you more than the discount you got.
Full district guide →Questions and answers about lot NP9-108523
How much is this apartment in Al Fattan Marine Towers?
Lot NP9-108523 is priced at AED 7 600 000, about $2 069 000. The size is 2 180 sq ft (203 m²), which works out at AED 3 486 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 Dubai Marina?
The database holds 194 lots in Dubai Marina, starting from AED 500 000. The area median is AED 2 311 per sq ft; this lot, at AED 3 486, is 51% above it. 27 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Dubai Marina area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2006 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 30%, here AED 2 280 000; a loan of AED 5 320 000 over 25 years at 3.75–4.99% a year comes to roughly AED 27 400–31 100 a month. A non-resident puts down from 40% (AED 3 040 000) and pays about AED 23 400–26 600 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 304 000 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, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 7 600 000. 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 Al Fattan Marine Towers?
The building has 54 floors and 188 units. The developer is Al Fattan Properties. Completion year: 2006. Figures are from the project passport: Propsearch and the Dubai Land Department.
Al Fattan Marine Towers 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 NP9-108523 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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