2-Bedroom Apartment in Multaqa Avenue 4, Mirdif Hills — AED 2.23M at OP with 3-Year Payment Plan

Property Overview

This ready 2-bedroom apartment in Multaqa Avenue 4, Mirdif Hills, is offered at AED 2,230,000, equal to the agent-stated original purchase price. The agent states a size of 1,636 sqft, about AED 1,363 per square foot, and describes it as a larger layout. The unit will be vacant on transfer, and a 3-year post-handover payment plan is available.

Property Highlights

• Asking price: AED 2,230,000
• Original purchase price: AED 2,230,000 (agent-stated)
• Size: 1,636 sqft (agent-stated)
• Price per sqft: approximately AED 1,363 (DPF calculation)
• Bedrooms: 2
• Status: Ready, vacant on transfer (agent-stated)
• Payment plan: 3-year post-handover plan available (agent-stated)
• Building: Multaqa Avenue 4, Mirdif Hills
• Developer: Dubai Investments Real Estate

How the Price Compares with the Original Price

The agent's brief gives both the original purchase price and the asking price as AED 2,230,000. There is therefore no discount to the original price, and DPF has not calculated a savings figure.

The value in this listing comes from the terms rather than a price cut. A 3-year post-handover payment plan means the buyer can spread part of the cost over three years instead of paying it all on transfer. Buyers should confirm whether the seller is covering any transfer costs, such as the DLD fee, as this was not stated in the brief.

About Mirdif Hills and Al Multaqa Avenue

Mirdif Hills is a freehold mixed-use community in Mirdif developed by Dubai Investments Real Estate. Al Multaqa Avenue is its completed apartment cluster of eight buildings, offering studios and one to three-bedroom apartments alongside hotel apartments, shops, restaurants and cafes.

Published amenities include a leisure pool and jacuzzis, a fitness centre, an events space, children's playgrounds and 24/7 security with CCTV.

Layout and Size

The agent confirms two bedrooms and a size of 1,636 sqft, describing the layout as larger than typical for the building. Floor level, view, bathroom count, parking and unit number were not supplied. Request the floor plan to compare it with other two-bedroom layouts in the building.

Payment Plan and Transfer

The agent states that a 3-year post-handover payment plan is available and that the apartment will be vacant on transfer. The amount already paid, the outstanding balance and the instalment schedule were not supplied. Buyers should obtain a statement of account from the developer and confirm how the remaining instalments transfer to them.

Buying Costs

Dubai Land Department transfer fees are normally 4% of the purchase price, about AED 89,200 at the asking price, plus registration and agency fees. Who pays each cost should be agreed in writing before signing.

Verification Notes

• Agent-supplied facts: building, community, bedrooms, size, larger layout, original price, asking price, vacancy on transfer and 3-year post-handover plan.
• DPF calculations: price per square foot and the indicative 4% DLD fee.
• External research: developer, community, building count, unit mix and amenities from published project information.
• Not supplied: who pays the DLD fee, outstanding balance, instalment schedule, floor, view and unit number. These should be confirmed with the agent and the developer.