Two-Bedroom Corner Apartment at Address Residences Dubai Hills Estate (Tower A) — Below Original Price, DLD Covered

Property Overview

This is a two-bedroom corner apartment at Address Residences Dubai Hills Estate (Tower A), the Address-branded Emaar development in Dubai Hills Estate. The 1,138 sqft unit has Dubai Hills Mall views and is offered at AED 2,800,000, which is AED 148,284 (5.0%) below the seller's stated original purchase price of AED 2,948,284; the agent additionally states the DLD transfer fee is covered. It is an off-plan resale with handover stated for February 2029.

Property Highlights

• Type: 2-bedroom corner apartment
• Size: 1,138 sqft
• Asking price: AED 2,800,000
• Original purchase price (seller-stated): AED 2,948,284
• Saving vs. original price: AED 148,284 (5.0%)
• Additional benefit (agent-stated): DLD transfer fee covered
• Rate: AED 2,460 per sqft
• Position: corner unit (agent-stated)
• View: Dubai Hills Mall view (agent-stated)
• Handover: February 2029 (agent-stated)
• Developer: Emaar Properties
• Community: Dubai Hills Estate

Why the Price Qualifies

The verifiable benchmark is the seller-stated original purchase price of AED 2,948,284 against the current asking price of AED 2,800,000. The savings amount is AED 148,284, which is 5.0% below the original price, matching the agent's stated figure. At 1,138 sqft the asking price is AED 2,460 per square foot. The agent describes the deal as below OP with the DLD transfer fee also covered; no DLD amount was supplied, so the DLD portion is not quantified here. The benchmark is a seller-stated original purchase price, not a DLD transaction or a dated market comparison, and DPF has not independently verified it.

About the Project, Developer and Community

Address Residences Dubai Hills Estate is an Address-branded residential development by Emaar Properties within Dubai Hills Estate, a master-planned community around the Dubai Hills Golf Club and Dubai Hills Park, with Dubai Hills Mall, schools and connectivity via Al Khail Road. As an off-plan project, it is under construction toward its stated handover. Project specifications and the exact completion date should be confirmed against Emaar's official documentation.

Layout, Position and View

The agent describes a corner two-bedroom unit of 1,138 sqft with Dubai Hills Mall views. Exact floor level, layout, bathrooms, parking and orientation should be confirmed on the floor plan and in the Sale and Purchase Agreement.

Payment Plan and Handover

Handover is stated by the agent as February 2029. No payment plan terms were supplied in the brief; the stated DLD coverage, any developer instalment or post-handover structure, the outstanding balance and assignment (resale) terms must be confirmed in writing with Emaar and in the SPA before commitment.

Verification Notes

• Agent-supplied facts: 2-bedroom corner apartment, size (1,138 sqft), asking price (AED 2,800,000), original purchase price (AED 2,948,284), DLD-covered claim, Dubai Hills Mall view, and February 2029 handover.
• DPF-calculated figures: savings amount (AED 148,284), savings percentage (5.0%, verified against OP), and price per square foot (AED 2,460).
• Deal type: the agent labelled this 'below OP+DLD', which is not a CMS value; it is mapped to 'OP + DLD Covered'. The verifiable component is the 5.0% below-OP discount; the DLD coverage is agent-stated and unquantified.
• External project research: Address Residences Dubai Hills Estate is confirmed as an off-plan Emaar development; unit-specific facts and the Tower A designation were not independently verified.
• The original purchase price is a seller-stated benchmark and has not been checked against a DLD record.