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Mohammed Bin Rashid City

Claydon House

1 BR · Apartment

About the building

44-storey residential building in Meydan Horizon. Developer — ELPD Developers.

Where it is

MBR City

Mohammed Bin Rashid City: lagoon communities and villa districts between Downtown and Nad Al Sheba.

  • villas close to Downtown
  • lagoon living
  • long-horizon holds

What to check: Large parts of the masterplan are still open sites and phases get resequenced. Check what is contracted and under construction immediately around your plot, and price the purchase on that rather than on the full masterplan.

Full district guide →

Questions and answers about lot NP9-108589

How much is this 1-bedroom apartment in Claydon House?

Lot NP9-108589 is priced at AED 1 900 000, about $517 000. The size is 825 sq ft (77 m²), which works out at AED 2 303 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 MBR City?

The database holds 43 lots in MBR City, starting from AED 1 300 000. The area median is AED 2 365 per sq ft; this lot, at AED 2 303, is 3% below it. 24 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

MBR City area guide →

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 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. 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 Claydon House?

The building has 44 floors. The developer is ELPD Developers. Figures are from the project passport: Propsearch and the Dubai Land Department.

Claydon House 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 NP9-108589 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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