Property Overview
This 2-bedroom apartment in Windsor House 2 by Ellington Properties in Dubai South is listed at AED 1,604,629, which is 3.5% below the agent-stated original purchase price of AED 1,662,828. The seller has paid 30% and the buyer takes over the remaining balance under the 50/50 payment plan. Handover is expected in July 2029.
Property Highlights
- Type: 2-bedroom apartment
- Asking price: AED 1,604,629
- Original purchase price (agent-stated): AED 1,662,828
- Savings: AED 58,199 (3.5%)
- Payment status: 30% paid
- Payment plan: 50/50
- Handover: July 2029
- Developer: Ellington Properties
- Broker: LMJ Capital
Why This Price Qualifies as Below OP
The seller originally purchased this apartment for AED 1,662,828, as stated by the listing agent via LMJ Capital. The current asking price of AED 1,604,629 produces a saving of AED 58,199, equivalent to a 3.5% reduction from the original price.
The stated OP is supported by current market positioning. Other 2-bedroom resale listings in Windsor House 2 are priced at AED 1,800,000 (Betterhomes, 1,136 sqft) and AED 1,900,828 (Luxury Properties Hub, 1,144 sqft). At AED 1,604,629, this unit is AED 195,371 below the cheapest comparable resale in the building, reinforcing the distress positioning.
Buyers should request the seller's signed SPA to confirm the original purchase price and the remaining payment schedule. DPF has not verified the SPA and classifies this listing as a draft until that confirmation is received.
About Windsor House 2
Windsor House 2 (Windsor House II) is a residential development by Ellington Properties in the Residential District of Dubai South. The project is the second phase of the Windsor House series and offers studios, 1, 2 and 3-bedroom apartments across two buildings (A and B). Interiors feature Ellington's signature design-led approach with open-plan layouts, floor-to-ceiling windows, premium finishes, fully fitted kitchens, built-in wardrobes and private balconies. Two-bedroom apartments include 3 bathrooms and a laundry room.
Amenities
Residents have access to a swimming pool with pool deck, fully equipped gymnasium, Pilates studio, children's play areas, pet-friendly zones, landscaped gardens, a lobby with reception area, covered parking, 24-hour security with CCTV and retail spaces at ground level.
Location and Connectivity
Windsor House 2 is located in the Residential District of Dubai South, a master-planned community built around Al Maktoum International Airport. Expo City Dubai is approximately 10 minutes away, Dubai Marina approximately 25 minutes, and Downtown Dubai approximately 30 minutes by car. The area is connected via Sheikh Mohammed Bin Zayed Road and benefits from the continued expansion of Al Maktoum International Airport and the Dubai South logistics corridor.
Verification Notes
The asking price of AED 1,604,629, original purchase price of AED 1,662,828, 2 bedrooms, 30% paid, July 2029 handover and LMJ Capital broker reference are all sourced from the agent brief dated 18 September 2026. The savings of AED 58,199 (3.5%) are calculated from these figures.
The built-up area was not provided in the agent brief. Comparable 2BR listings in Windsor House 2 show 1,136 to 1,144 sqft. The price per square foot and size fields have been omitted pending agent confirmation. Bathroom count, view, floor and parking were also not specified. Comparable listings show 3 bathrooms and 1 parking space for 2BR units.
The developer is Ellington Properties (not LMJ Capital, which appears to be the selling broker). This listing is classified as a draft. No images have been supplied; actual photography or renders are required before publication.