Elysee Heights
Studio
Where it is
Al Barsha
The district around Mall of the Emirates: villas, apartments, hotels and a metro station, all mixed together.
- schools and healthcare
- metro access
- deep tenant demand
What to check: Al Barsha 1, 2, 3, South and Heights are meaningfully different in price, character and amenity. Establish exactly which one a listing refers to before comparing, and measure the walk to the metro honestly.
Full district guide →Questions and answers about lot NP9-501087
How much is this studio in Elysee Heights?
Lot NP9-501087 is priced at AED 700 000, about $191 000. The size is 377 sq ft (35 m²), which works out at AED 1 857 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 Al Barsha?
The database holds 7 lots in Al Barsha, starting from AED 640 000. The area median is AED 1 468 per sq ft; this lot, at AED 1 857, is 26% above it. The median is taken from listings in our database, not from registered sales.
Al Barsha area guide →Is the property ready or still under construction?
The handover date in the listing is Q2 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 28 000 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?
The lot's price is AED 50 000 below the classic threshold for the two-year residence visa (AED 750 000) and AED 1 300 000 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 →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 NP9-501087 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
A mortgage covers the final instalment
The final payment on this building falls in 2027 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.
- Up to 80% of the appraised value, no extra down payment
- 3.99% fixed for three years, up to 25 years in term
- 6–12 months before the keys — the bank wants six months of income history
Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.
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