Question 1

How much is this 1-bedroom apartment in Gardenia Terraces?

Accepted Answer

Lot NP6-107992 is priced at AED 3 800 000, about $1 035 000. The size is 1 450 sq ft (135 m²), which works out at AED 2 621 per sq ft.

Question 2

Is there a discount on this lot?

Accepted Answer

There is no recorded price cut: the lot is in the database at the seller's asking price.

Question 3

Can this lot be bought with a mortgage, and what would the payment be?

Accepted Answer

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 760 000; a loan of AED 3 040 000 over 25 years at 3.75–4.99% a year comes to roughly AED 15 600–17 800 a month. A non-resident puts down from 40% (AED 1 520 000) and pays about AED 11 700–13 300 a month. The bank approves the rate and the amount.

Question 4

What costs come on top of the price?

Accepted Answer

The main one is the Dubai Land Department registration fee: 4% of the price, AED 152 000 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.

Question 5

Does buying this lot qualify for a UAE residence visa?

Accepted Answer

On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 3 800 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.

Question 6

How do I view the property and get the exact address?

Accepted Answer

Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP6-107992 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

Gardenia Terraces

Where it is

Questions and answers about lot NP6-107992