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Dubai Islands

Natuzzi Harmony Residences

2 BR · Apartment

About the building

8-storey residential building in Dubai Islands. Developer — Peace Homes Development. Architect — Arec Engineering Consult.

What the building has

  • Swimming pool

Specifications for Natuzzi Harmony Residences per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.

Where it is

The pin is placed by project — accurate to the development, not the door.

Dubai Islands

The reclaimed islands off Deira, formerly Deira Islands: beaches, hotels and new residential on the northern coast.

  • beachfront below southern-coast prices
  • central northern location
  • long-horizon holds

What to check: The masterplan was relaunched and revised once already. Buy within a contracted phase with a stated completion date, and confirm what is planned between your building and the water.

Full district guide →

Questions and answers about lot NP1-466595

How much is this 2-bedroom apartment in Natuzzi Harmony Residences?

Lot NP1-466595 is priced at AED 3 360 000, about $915 000. The listing does not state a size, so no price per square foot is given.

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.

What are prices like in Dubai Islands?

The database holds 47 lots in Dubai Islands, starting from AED 1 500 000. The area median is AED 2 099 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 13 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

Dubai Islands area guide →

Is the property ready or still under construction?

The handover date in the listing is Q4 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 134 400 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 3 360 000. 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 Natuzzi Harmony Residences?

The building has 8 floors and 50 units. The developer is Majid Al Futtaim. Figures are from the project passport: Propsearch and the Dubai Land Department.

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 NP1-466595 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

Handover payment

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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