Photos and renders of the building and grounds — not of this particular unit.
Habtoor Grand Residences
Apartment
About the building
60-storey residential building in Dubai Marina. Developer — Al Habtoor Group. Architect — John R. Harris & Partners.
What the building has
- Beach
Where it is
Dubai Marina
The original high-rise waterfront: a dense forest of towers around a man-made marina, and still the busiest rental market in the city.
- reliable rental income
- car-free living
- fast resale
What to check: Much of the stock is fifteen to twenty years old and building condition varies enormously. Get the service charge history and walk the common areas before you offer — an unmaintained tower will cost you more than the discount you got.
Full district guide →Questions and answers about lot P3-145035
How much is this apartment in Habtoor Grand Residences?
Lot P3-145035 is priced at AED 15 347 000, about $4 179 000. The size is 3 223 sq ft (299 m²), which works out at AED 4 762 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.
How does this price compare with other lots in Habtoor Grand Residences?
The database holds 4 lots in Habtoor Grand Residences right now, from AED 11 623 385 to AED 17 722 207. At AED 4 762 per sq ft this lot is 12% below the median for the other lots in the project (AED 5 425).
Is this expensive or cheap for Dubai Marina?
The database holds 188 lots in Dubai Marina, starting from AED 500 000. The area median is AED 2 312 per sq ft; this lot, at AED 4 762, is 106% above it. 21 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Dubai Marina area guide →Is the property ready or still under construction?
According to the listing, the property is still under construction; the seller gives no handover date — I will confirm it with the developer when you ask.
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 613 880 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, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 15 347 000. 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 Habtoor Grand Residences?
The building has 60 floors and 276 units. The developer is Al Habtoor Group. Figures are from the project passport: Propsearch and the Dubai Land Department.
Habtoor Grand Residences 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 P3-145035 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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