Off-Plan 2-Bedroom Burj-Khalifa-View Apartment at Verve by Meraas, City Walk — Below Market

Property Overview

This is an off-plan two-bedroom apartment at Verve by Meraas, the only high-rise in City Walk, Dubai. Measuring 1,196 sq ft with a Burj Khalifa view, it is offered as a below-market distress sale at AED 3,521,100, or about AED 2,944 per sq ft, reportedly at the original 'first market' price. Handover is scheduled for Q3 2028.

Property Highlights

• Off-plan two-bedroom apartment at Verve, City Walk
• 1,196 sq ft with an unobstructed Burj Khalifa view
• Offered at the original 'first market' price (below-market entry; comparable to be logged)
• The only high-rise in City Walk, by Meraas
• Asking price of AED 3,521,100 (approximately AED 2,944 per sq ft); handover Q3 2028

Deal Classification and Pricing

This is a distress listing classified as Below Market on the agent's and DPF operator's assessment. Against the size of 1,196 sq ft, the asking price works out to about AED 2,944 per sq ft. A specific dated market comparable was not included in the written brief and is to be recorded on DPF's evidence file; a specific savings percentage is therefore not stated. The precise asking price and the "first market price" claim suggest the unit is offered at the original developer launch price, which would sit below current resale levels if the project has appreciated; a current dated resale comparable should be logged to substantiate this. The agent markets the unit as "first market price," "below market" with a "Burj Khalifa view" — agent-supplied claims to be verified.

Layout and View

The brief describes a two-bedroom apartment of 1,196 sq ft with a Burj Khalifa view. Floor, bathroom count, parking and furnishing were not supplied and should be confirmed. To keep this listing accurate, no unit-specific details beyond those supplied and standard project features have been added.

About Verve, City Walk and Meraas

Verve is an off-plan residential landmark by Meraas in City Walk, the only high-rise in the district, comprising two towers (Ground+36 and Ground+28) connected by a podium and retail hub, with around 427 one to four-bedroom apartments and a five-bedroom duplex penthouse, sizes from about 786 to 9,227 sq ft. Launched in 2024, it features floor-to-ceiling windows, double-height lobbies and unobstructed views of Burj Khalifa and the Arabian Gulf. Amenities include infinity and lagoon pools, a gym and outdoor gym, a spa and wellness garden, tennis, squash and basketball courts, a running track, a dog park, children's play areas, a co-working space, a clubhouse and a retail hub. City Walk sits on Al Safa Street, about 2 km from Burj Khalifa and walking distance from the Dubai Mall metro. Handover is scheduled for Q3 2028.

Payment Plan and Handover

This is an off-plan resale, so the buyer takes over the seller's position subject to Meraas's transfer process and the signed SPA. The project was offered on a 75/25 plan (20% down, 55% during construction, 25% on handover); the amount paid to date, outstanding balance, transfer fees and exact handover for this unit should be confirmed. Handover is scheduled for Q3 2028.

Location and Connectivity

City Walk is a central, walkable lifestyle district in Al Wasl on Al Safa Street, near Sheikh Zayed Road and Downtown Dubai. Specific drive times were not supplied and are not stated here to avoid unverified claims; buyers should confirm distances to their own key destinations.

Verification Notes

• Agent-supplied facts: two-bedroom apartment, 1,196 sq ft, Burj Khalifa view, off-plan, AED 3,521,100 asking price, a Q3 2028 handover, and 'first market price' / 'below market' claims.
• Deal classification: Below Market, kept on the agent's assessment; no comparable supplied, so no savings percentage is stated. The 'first market price' suggests the original developer price; log a current resale comparable.
• Calculated by DPF: an indicative AED 2,944 per sq ft from the asking price and stated size.
• Researched project facts: developer (Meraas), Verve two-tower high-rise, 2-bedroom sizes, Burj Khalifa views, amenities and Q3 2028 handover were taken from Meraas/market sources.
• The agent's "First Market Price | Below Market | Burj Khalifa View" statement is preserved as an attributed agent marketing claim.