One-Bedroom Apartment at Al Waleed Gardens 2, Al Jaddaf — Below Last Transacted Price

Property Overview

This is a one-bedroom apartment at Al Waleed Gardens 2 in Al Jaddaf, a roughly two-year-old building. The 809 sqft unit is offered at AED 1,200,000, which is AED 150,000 (11.1%) below the last transaction of AED 1,350,000 cited by the agent. It is listed as a distress sale.

Property Highlights

• Type: 1-bedroom apartment
• Size: 809 sqft
• Asking price: AED 1,200,000
• Last transaction (agent-stated): AED 1,350,000
• Saving vs. last transaction: AED 150,000 (11.1%)
• Rate: AED 1,483 per sqft
• Building age: about 2 years (agent-stated)
• Developer: Al Waleed Real Estate
• Community: Al Jaddaf

Why the Price Qualifies as Below Last Transacted

The classification uses the last transaction cited by the agent, AED 1,350,000, against the current asking price of AED 1,200,000, a difference of AED 150,000, or 11.1%. At 809 sqft the asking price is AED 1,483 per square foot. The transaction figure is stated by the agent; its exact date was not supplied and it has not been independently verified against DLD records. The date and source of the transaction should be confirmed to substantiate the comparison.

About the Building, Developer and Community

Al Waleed Gardens 2 is a residential building by Al Waleed Real Estate in Al Jaddaf, a central Dubai district near Dubai Creek, Dubai Healthcare City and the Creek waterfront, with metro access and connectivity via Sheikh Rashid Road and Al Khail Road. The building is stated to be about two years old. Building-level facilities should be confirmed against official documentation.

Layout

The agent describes an 809 sqft one-bedroom. Exact floor level, layout, bathrooms, parking, view and furnishing should be confirmed on the floor plan and in the Sale and Purchase Agreement.

Verification Notes

• Agent-supplied facts: 1-bedroom type, size (809 sqft), asking price (AED 1,200,000), a last transaction of AED 1,350,000, and an approximately two-year-old building.
• DPF-calculated figures: saving versus the cited last transaction (AED 150,000, 11.1%) and price per square foot (AED 1,483).
• Benchmark: classified 'Below DLD Transacted' against the agent-cited last transaction of AED 1,350,000. The transaction date was not supplied and has not been verified against DLD records — confirm the date and source.
• External research: Al Waleed Gardens is confirmed as an Al Waleed Real Estate building in Al Jaddaf; unit-specific facts were not independently verified. 'Lowest price deal in Al Jaddaf' is an agent marketing claim, not a DPF-verified fact.