For sale

Studio apartment at MAG 330, City of Arabia

MAG 330, City of Arabia, Dubai

AED 875,000

AED 1,476 per sq.ft

Studio

Bedrooms

Bathrooms

593

Sq.ft

Ready

Status

About this property

Beyond Bloom Real Estate is delighted to introduce this brand-new, beautifully designed studio apartment in MAG 330, City of Arabia, Dubai.

Offering an impressive 593sq. ft. layout, this fully furnished studio is ideal for end-users and investors looking for a spacious, move-in-ready property in a growing Dubai community.

Property Features

Amenities

About City of Arabia City of Arabia is a mixed-use development within Dubailand, offering a combination of residential, retail and leisure destinations. The community is well connected to key areas of Dubai and is home to attractions including the iconic Dubai Dino and Reel Cinemas.

Property details

Reference: BBRE-S-052
Type: Apartment
Purpose: For sale
Status: Ready
Bedrooms: Studio
Bathrooms: 1
Built-up area: 593 sq.ft
Furnishing: Furnished

This advert is registered with the Dubai Land Department. Check its permit on Trakheesi, which opens the DLD’s own record for this listing.

Amenities

Balcony
Built in Wardrobes
Central A/C
Covered Parking
Shared Pool
Security
Shared Gym
Children's Play Area
Lobby in Building
Children's Pool

Comparable transactions

We say we price on evidence. This is the evidence.

The evidence behind this price

Not enough like-for-like evidence to quote a median

Nothing of this type and size has traded in this community in the last twelve months. Ask us and we will send the wider evidence we hold, including the units that did not make this cut and why.

Location

What would it cost to finance?

Residents can usually borrow up to 80% on a first property under AED 5m. Non-residents are capped nearer 50–60%, move the deposit slider to your real position before you plan around the monthly figure.

Mortgage estimate

AED 3,792 / month

Down payment20% · AED 175K

Interest rate4.25%

Term25 years

This would be a second or investment property

Expat buyers are capped at 80% loan to value on a first home at or under AED 5m, so 20% is the least you can put down. Off-plan is capped at 50% whatever the price. The deposit has to be your own funds.

Loan amount: AED 700,000
Total interest: AED 437,650
Total repayable: AED 1,137,650

Costs of financing, on top of the purchase costs

Mortgage registration (0.25% of the loan + AED 290): AED 2,040
Bank arrangement (about 1% of the loan, usually capped): AED 7,000
Bank valuation: about AED 3,150
Add to your cash: AED 12,190

Will a bank lend it to you?

Monthly income, AEDExisting monthly repayments

Indicative only. Actual terms depend on the lender, your profile and current rates. Our mortgage desk can get you pre-approved before you negotiate.

Your consultant

Abdullah Hashmani

Client Manager

BRN 58550

Enquire about this property

Book a viewing

Transaction costs, roughly

DLD transfer (4% + admin): AED 35,600
Agency commission (2% + VAT): AED 18,375
Registration trustee fee: AED 4,200
Cash on top of the price, buying outright: AED 58,175

Indicative, and this total assumes you are not borrowing. A mortgage adds registration at 0.25% of the loan plus AED 290, a bank arrangement fee of about 1% of the loan, and a valuation of roughly AED 3,150. The mortgage estimate above totals those for you. Your 10% MOU deposit is held by the DLD-licensed registration trustee, not by us.

Yield

We hold no lettings of this type and size in this community, so any yield we printed would be borrowed from a different kind of unit. Ask us and we will go and pull the comparable lettings properly.