2-Bedroom Apartment in Design Quarter Tower A, Dubai Design District – Below OP

Property Overview

This 2-bedroom off-plan apartment in Design Quarter Tower A by Meraas, Dubai Design District (d3), is offered at AED 2,950,000 for 1,185 sq ft of built-up area. The asking price is AED 50,000 (1.7%) below the agent-stated original price of AED 3,000,000, or about AED 2,489 per sq ft.

Property Highlights

• Property type: 2-bedroom apartment
• Building: Design Quarter Tower A, Dubai Design District
• Developer: Meraas
• Built-up area: 1,185 sq ft
• Asking price: AED 2,950,000
• Original price (agent-stated): AED 3,000,000
• Discount to original price: AED 50,000 (1.7%)
• Price per sq ft: approx. AED 2,489

Why the Price Qualifies as Below OP

DPF classifies this unit as Below OP because the asking price is lower than the original price supplied in the agent brief received on 20 October 2026. AED 3,000,000 minus AED 2,950,000 gives a saving of AED 50,000, or 1.7% of the original price. Dividing the asking price by 1,185 sq ft gives about AED 2,489 per sq ft.

The discount is small. The agent describes the deal as below original price plus DLD, so buyers should confirm against the Sale and Purchase Agreement (SPA) whether AED 3,000,000 is the purchase price alone or includes the DLD fee. The agent also describes this as the cheapest option in the market; DPF has not verified that claim, and the comparison does not claim the unit is below current market value.

About the Project, Developer and Community

Design Quarter is a three-tower residential project by Meraas in Dubai Design District (d3), the creative and design hub on Dubai Creek. The project offers 1- to 3-bedroom apartments, 3-bedroom duplexes and penthouses, with unit sizes from about 795 to 3,304 sq ft.

Layout, Floor and View

The agent brief confirms a 2-bedroom layout of 1,185 sq ft in Tower A. The floor, view, bathroom count and parking were not supplied and are not stated here. Request the floor plan to confirm the layout and orientation.

Payment Plan and Handover

The payment plan, amount already paid, outstanding balance and handover date were not supplied. Buyers should confirm these, along with Meraas' resale transfer requirements, using the SPA and a developer statement of account.

Location and Connectivity

Dubai Design District sits beside Dubai Creek and Business Bay, close to Downtown Dubai and Al Khail Road. DPF does not quote travel times without a verified source.

Verification Notes

• Agent-supplied facts: building, 2-bedroom type, 1,185 sq ft built-up area, asking and original prices, and the "cheapest in market" description.
• DPF-calculated figures: AED 50,000 saving, 1.7% discount and approximately AED 2,489 per sq ft.
• External research: project facts from a broker project page.
• Not supplied: unit number, floor, view, bathrooms, parking, payment plan, amount paid and handover date.