Property Overview
A 2-bedroom apartment in Society House by Invest Group Overseas (IGO), Downtown Dubai at AED 3,900,000 for 1,484 sqft, equalling AED 2,628 per sqft. Distress deal. High floor with Zabeel view. Handover was scheduled Q3 2026; the building appears near or at completion as of October 2026.
Property Highlights
- Type: 2-bedroom apartment
- Size: 1,484 sqft
- Asking price: AED 3,900,000
- Original price: Not disclosed
- Rate: AED 2,628 per sqft
- Floor: High floor
- View: Zabeel (park and skyline)
- Handover: Q3 2026 (near or at completion)
- Developer: Invest Group Overseas (IGO)
Below Market Analysis
No original purchase price is disclosed. The below market assessment is based on active listing comparisons.
Active 2BR Listings in Society House
- AED 3,850,000 for 1,485 sqft (Homes 4 Life via Square Yards) = AED 2,593 per sqft
- AED 3,900,000 for 1,484 sqft (this listing) = AED 2,628 per sqft
- AED 4,000,000 for 1,485 sqft (Dubizzle, Livrichy) = AED 2,694 per sqft
- AED 4,343,683 for 1,484 sqft (Sekenkoum via Square Yards) = AED 2,927 per sqft
- AED 4,368,348 for 1,484 sqft (Sekenkoum via Square Yards) = AED 2,944 per sqft
- AED 4,442,344 for 1,567 sqft (Properties Exchange) = AED 2,834 per sqft
- AED 4,499,999 for 1,545 sqft (fam Properties, high floor, Dubai Creek and DIFC view) = AED 2,913 per sqft
The typical asking rate for 2BR units is AED 2,850 to AED 2,950 per sqft. At AED 2,628 per sqft, this listing is approximately 8% to 11% below that range. A high-floor Zabeel view should command a premium over lower floors, making the pricing more notable. However, one listing at AED 3,850,000 (AED 2,593 per sqft) is priced lower than this unit, so this is not the absolute lowest on market.
Launch Price Context
Society House 2BR units launched at approximately AED 3,900,000 for the smallest 1,169 sqft layout. Extrapolating the launch rate to 1,484 sqft would suggest an approximate launch price of AED 4,950,000. If the seller purchased at launch pricing, the discount from OP could be 21% or more. This is an estimate only; the actual OP for this unit is unknown.
Handover Status
The agent states Q3 2026 (July to September 2026). That window has now passed (it is October 2026). Sources give different dates: Q2 2026 (Bayut), Q3 2026 (Property Finder, Dubizzle, fam), September 2026 (Property Finder project page) and Q4 2026 (other sources). A Dubizzle listing updated 10 October 2026 marks a unit as Ready with a property age of 1 month. The building may be in the handover process. Buyers should verify: whether the Completion Certificate is issued, whether the seller has received a handover notice and completed final payments, and whether the unit can be inspected.
Zabeel View
Society House sits on Umniyati Street in the DIFC-facing portion of Downtown Dubai. A high-floor unit facing southwest would overlook Zabeel Park (a large public park with lakes and gardens), the Dubai Frame and the Zabeel area. Other orientations face Dubai Creek, DIFC towers or the Downtown skyline. Zabeel-facing units are typically less in demand than Burj Khalifa or fountain-facing units, which is consistent with the competitive pricing. Buyers should confirm the unit number and orientation.
About Society House
A 52-storey residential tower by Invest Group Overseas (IGO) in Downtown Dubai. Approximately 404 units across studios, 1BR, 2BR, 3BR and 2BR duplexes. Launched August 2023, with Phase 1 selling out. Located on Umniyati Street near DIFC. The building targets a younger professional demographic with extensive amenity programming: 25-metre lap pool, rooftop pool, two-floor gym, fitness studio, CrossFit area, padel and tennis courts, golf simulator, private cinema, residents lounge, business lounge, co-working spaces and a horizon deck. Retail and a supermarket on the ground floor. 508 parking spaces and 9 elevators.
Verification Notes
The asking price, size, high floor, Zabeel view and distress label are from the agent brief. The 1,484 sqft is confirmed within the 2BR range (1,169 to 1,923 sqft per Property Finder). No OP is disclosed. No DLD closed-sale data was found for this building. The below market positioning is based on active listing comparisons only. Handover status is unclear; Q3 2026 has passed but completion is not confirmed across all sources. Parking allocation should be verified (conflicting data shows 0 to 1 space). Remaining payment instalments and developer NOC requirements should be confirmed before purchase.