DAMAC Properties Resale Exclusive

Renovated Palm/Sea View Apartment

Marsa Dubai, DUBAI

Distress

Asking

AED 1,950,000

Market Context

Current Market Value
AED 2,245,500
Asking Price
AED 1,950,000
Below market
13.2%

Your Cost Breakdown

Transaction Fees

DLD Transfer Fee (4%)
AED 78,000
DLD Registration Fee
TBD
DLD Admin Fee
TBD
Developer NOC
TBD
Agent Commission (2%)
AED 39,000
Trustee Fee
TBD
Total Fees (excluding TBD items)
AED 117,000

Your Total Investment

AED 2,067,000

Compared to buying new at market price

You Save AED 295,500

13.2% below market

Rental Yield

5.6% gross

Rental Details

AED 110,000 / yr

≈ AED 9,167 / mo

Payment Plan

1 cheque × AED 110,000

Bedrooms

Bathrooms

Size

1,125 sqft

Type

Apartment

Developer

DAMAC Properties

Building

Ocean Heights

Floor

View

Sea View

Parking

1 covered space

Furnished

Ownership

Freehold

Storage Room

Yes

Cheques

1 accepted

Service Charge

AED 18,500/yr

Features & amenities

Wellness & Recreation

Swimming Pool
Lap Pool
Kids Pool
Gym
Sauna
Steam Room
BBQ Area

Security

24/7 Security
CCTV
Access Control
Biometric Access

Family & Community

Kids Play Area
Landscaped Gardens
Reception

Building & Parking

Covered Parking
Bicycle Storage

Inquire about this property

Get the full picture

Tell me a bit about what you're looking for and I'll come back personally — usually within a few hours.

About your broker

Nader Soussou

18 years on construction projects before I started selling them — contractor, consultant, then estimator at DAMAC. RERA-certified advisor. When you ask what a unit's really worth, you get the honest answer, not a marketing yield.

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