Brand New Furnished 2 Bed in Al Jaddaf – Ready, Cash Only, AED 1.24M Below Original Price

Property Overview

This brand-new, fully furnished two-bedroom apartment in a newly completed building in Al Jaddaf is offered at AED 2,128,496 for 1,310 sq ft. The agent states an original purchase price of AED 3,368,314, which puts the asking price AED 1,239,818 (36.8%) below OP. The unit is ready, close to the metro, and available to cash buyers only. The building name has not been disclosed.

Property Highlights

• Asking price: AED 2,128,496
• Original purchase price (agent-stated): AED 3,368,314
• Saving versus OP: AED 1,239,818 (36.8%)
• Built-up area: 1,310 sq ft
• Rate: approximately AED 1,625 per sq ft
• Condition: brand new, fully furnished (agent-stated)
• Status: ready
• Buyer terms: cash buyers only
• Location: near the metro (agent-stated)

Why the Price Qualifies as Below OP

The benchmark is the seller's original purchase price of AED 3,368,314, from the agent brief received on 14 October 2026. The asking price of AED 2,128,496 is AED 1,239,818 lower, equal to 36.8% of OP, consistent with the agent's stated savings of more than AED 1.23 million. Dividing the asking price by 1,310 sq ft gives about AED 1,625 per sq ft, compared with about AED 2,571 per sq ft implied by the original price.

A discount of this size on a brand-new, ready unit is unusual. Before relying on it, buyers should see the title deed or SPA confirming the original price, together with the building name. This comparison is with the seller's own purchase price only; it is not a claim that the unit is below current market value.

About the Community

Al Jaddaf is a waterfront district on the western bank of Dubai Creek, between Dubai Healthcare City, Culture Village and Ras Al Khor. It is served by the Dubai Metro Green Line at Al Jaddaf and Creek stations, and combines residential towers, hotels and the Dubai Creek waterfront. The specific building for this unit has not been named, so building amenities and developer details cannot be confirmed.

Layout, Floor and View

The agent describes a 1,310 sq ft two-bedroom apartment, brand new and fully furnished. The building, floor, view, bathroom count and parking have not been supplied and should be confirmed with the agent and the title deed.

Payment and Transfer

The seller will only accept a cash buyer, so mortgage-financed purchases are not possible. A ready resale normally proceeds with a Form F (MOU), a developer NOC and transfer at the Dubai Land Department. Buyers should budget for the DLD transfer fee and agency costs, and confirm that no mortgage or developer balance is outstanding.

Location and Connectivity

Al Jaddaf has Dubai Metro Green Line access and road links via Al Khail Road and Oud Metha Road towards Downtown Dubai, Business Bay and Dubai International Airport. The exact walking distance from this building to the nearest station has not been verified.

Verification Notes

• Agent-supplied facts: community, unit type, size, brand-new ready status, full furnishing, cash-only terms, metro proximity, asking price and original price.
• DPF-calculated figures: saving amount, saving percentage, price per sq ft and the OP rate per sq ft.
• External research: general Al Jaddaf community and metro facts only, as the building was not named.
• Not supplied: building name, developer, floor, view, bathrooms, parking, unit number and service charge.