Arthouse (offplan)
1 BR · Apartment
Questions and answers about lot NP6-107993
How much is this 1-bedroom apartment in Arthouse (offplan)?
Lot NP6-107993 is priced at AED 7 300 000, about $1 988 000. The size is 2 400 sq ft (223 m²), which works out at AED 3 042 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.
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 30%, here AED 2 190 000; a loan of AED 5 110 000 over 25 years at 3.75–4.99% a year comes to roughly AED 26 300–29 800 a month. A non-resident puts down from 40% (AED 2 920 000) and pays about AED 22 500–25 600 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 292 000 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.
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 7 300 000. 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 NP6-107993 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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