−20% Bingatti One
1 BR · Apartment
Where it is
Questions and answers about lot P4-108969
How much is this 1-bedroom apartment in Bingatti One?
Lot P4-108969 is priced at AED 2 109 645, about $574 000. The size is 537 sq ft (50 m²), which works out at AED 3 929 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 2 624 999; it is now AED 2 109 645 — AED 515 354 less, or 20%.
How does this price compare with other lots in Bingatti One?
The database holds 7 lots in Bingatti One right now, from AED 2 109 645 to AED 2 238 678. 7 of them share this type and bedroom count: this lot is the cheapest. At AED 3 929 per sq ft this lot is level with the median for the other lots in the project (AED 3 929).
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 422 000; a loan of AED 1 688 000 over 25 years at 3.75–4.99% a year comes to roughly AED 8 700–9 900 a month. A non-resident puts down from 40% (AED 844 000) and pays about AED 6 500–7 400 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 84 386 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 2 109 645. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
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 P4-108969 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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