1-Bedroom Apartment in Design Quarter Tower C, d3 with 60% Already Paid

Property Overview

This is a one-bedroom apartment in Design Quarter Tower C, Dubai Design District (d3), offered off-plan by resale at AED 2,400,000. It measures 807 sq ft, about AED 2,974 per sq ft. The agent states that 60% of the purchase price has already been paid to the developer and describes modern interiors suited to both end-users and investors.

Property Highlights

• Asking price: AED 2,400,000
• Property type: Apartment
• Bedrooms: 1
• Size: 807 sq ft
• Rate: about AED 2,974 per sq ft
• Amount paid: 60% of purchase price (agent-stated)
• Interiors: Modern (agent-stated)
• Status: Off-plan
• Developer: Meraas
• Location: Design Quarter Tower C, Dubai Design District

Why This Is Listed as Off-Plan Distress

The brief gives the asking price and states 60% has been paid, but does not give the original purchase price, a DLD transaction or a dated market comparison. DPF has therefore not calculated a discount and does not describe the unit as below original price or below market. The agent calls the listing exclusive; DPF has not verified that claim.

Because 60% is already paid, a buyer would typically reimburse the seller for the amount paid plus any agreed premium, then take over the remaining 40% due to the developer. Ask for the original SPA price and the latest Meraas statement of account to confirm the paid amount, the remaining balance and how the AED 2,400,000 compares with the seller's cost.

About Design Quarter, Meraas and d3

Design Quarter is a multi-tower residential project by Meraas in Dubai Design District, a creative and design-focused district next to Business Bay and the Dubai Water Canal. d3 combines offices, studios, showrooms, cafés and a waterfront promenade, and is aimed at residents who want to live close to the design and media community.

Layout, Floor and View

The apartment has one bedroom across 807 sq ft, and the agent describes modern interiors. Floor, view, bathroom count, balcony and parking were not supplied; ask for the floor plan and unit number to confirm these details.

Payment Plan and Handover

The agent states 60% of the price has been paid. The brief does not give the handover date or the remaining payment schedule. Secondary project data reports Design Quarter Tower C handover expected in Q1 2027; confirm the current construction progress and handover date with Meraas, and check the outstanding 40% against the SPA.

Location and Connectivity

Dubai Design District sits off Al Khail Road, between Business Bay, Ras Al Khor and the Dubai Water Canal, with access to Downtown Dubai and Dubai Creek Harbour. DPF does not quote drive times; check routes to work and transport yourself.

Verification Notes

• Agent-supplied: building, community, bedrooms, size, asking price, 60% paid, modern interiors, exclusive listing claim and buyer suitability.
• DPF-calculated: price per square foot.
• External research: developer and expected handover from secondary project data, not developer documents.
• Not supplied: original purchase price, amount paid in AED, unit number, floor, view, bathrooms and parking.