Photos and renders of the building and grounds — not of this particular unit.
Binghatti Spectre
Studio
About the building
31-storey mixed-use complex in Culture Village. Developer — Binghatti Developers.
What the building has
- Swimming pool
- Children's area
- Shops
Where it is
Meydan
The racecourse district: low-density, central, and increasingly the default answer for a house within fifteen minutes of Downtown.
- houses close to Downtown
- families wanting space
- low-density central living
What to check: Meydan is not a single-developer masterplan — build quality, community management and service charges vary sharply between sub-communities. Check who built yours and what else they have delivered.
Full district guide →Questions and answers about lot NP9-374723
How much is this studio in Binghatti Spectre?
Lot NP9-374723 is priced at AED 730 000, about $199 000. The size is 581 sq ft (54 m²), which works out at AED 1 256 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 Meydan?
The database holds 46 lots in Meydan. The area median is AED 2 077 per sq ft; this lot is at AED 1 256. A gap that wide usually means an error in the listing rather than a real price difference — I will check it when you ask. 13 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Meydan area guide →Is the property ready or still under construction?
According to the listing, the property is ready.
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 20%, here AED 146 000; a loan of AED 584 000 over 25 years at 3.75–4.99% a year comes to roughly AED 3 000–3 400 a month. A non-resident puts down from 40% (AED 292 000) and pays about AED 2 300–2 600 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 29 200 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?
The lot's price is AED 20 000 below the classic threshold for the two-year residence visa (AED 750 000) and AED 1 270 000 short of the Golden Visa, granted from AED 2 000 000. A visa consultant can go through the grounds that remain at this price.
Golden Visa and residence visas →What is known about Binghatti Spectre?
The building has 31 floors and 712 units. The developer is Binghatti. Figures are from the project passport: Propsearch and the Dubai Land Department.
Binghatti Spectre 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 NP9-374723 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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