Photos and renders of the building and grounds — not of this particular unit.
The Quayside
Studio
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 NP9-108548
How much is this studio in The Quayside?
Lot NP9-108548 is priced at AED 1 370 000, about $373 000. The size is 541 sq ft (50 m²), which works out at AED 2 532 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 1 383 361; it is now AED 1 370 000 — AED 13 361 less, or 1%.
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 2 532 per sq ft this lot is 7% below the median for the other lots in the project (AED 2 712).
Is this expensive or cheap for Business Bay?
The database holds 359 lots in Business Bay. The area median is AED 2 872 per sq ft; this lot, at AED 2 532, is 12% below it. 105 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 Q1 2027. Until then payments follow the developer's payment plan. The date comes from the seller and is checked against the sale agreement before a deal.
Can I get a mortgage on this lot while it is still under construction?
During construction the buyer pays the developer under the payment plan — UAE banks grant standard mortgages on ready homes. A loan is possible for the final payment, once the property has its completion certificate.
Mortgage for the final payment →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 54 800 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 the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 630 000 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 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 NP9-108548 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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