Jannat
Studio
Where it is
Questions and answers about lot NP9-504331
How much is this studio in Jannat?
Lot NP9-504331 is priced at AED 700 000, about $191 000. The size is 376 sq ft (35 m²), which works out at AED 1 862 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.
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 140 000; a loan of AED 560 000 over 25 years at 3.75–4.99% a year comes to roughly AED 2 900–3 300 a month. A non-resident puts down from 40% (AED 280 000) and pays about AED 2 200–2 500 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 28 000 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 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 NP9-504331 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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