Verde by Sobha
1 BR · Apartment
About the building
68-storey residential building in Jumeirah Lakes Towers. Developer — Sobha Realty. Architect — PNC Architects.
What the building has
- Parking
Where it is
JLT
Jumeirah Lake Towers: the cluster grid across the highway from Marina — cheaper, calmer, and with a metro station at each end.
- above-average yields
- metro access
- central location at lower cost
What to check: Quality varies sharply between clusters and between towers within a cluster. Visit the specific building, check where it sits relative to the lake and the metro, and pull the service charge history before you commit.
Full district guide →Questions and answers about lot NP9-108636
How much is this 1-bedroom apartment in Verde by Sobha?
Lot NP9-108636 is priced at AED 1 650 000, about $449 000. The listing does not state a size, so no price per square foot is given.
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.
What are prices like in JLT?
The database holds 89 lots in JLT, starting from AED 450 000. The area median is AED 2 038 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 10 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
JLT 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 330 000; a loan of AED 1 320 000 over 25 years at 3.75–4.99% a year comes to roughly AED 6 800–7 700 a month. A non-resident puts down from 40% (AED 660 000) and pays about AED 5 100–5 800 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 66 000 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 350 000 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 Verde by Sobha?
The building has 68 floors. The developer is Sobha Realty. Figures are from the project passport: Propsearch and the Dubai Land Department.
Verde by Sobha 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 NP9-108636 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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