3-Bedroom Signature Residence in Verve, City Walk – Burj Khalifa View, Below Original Price

Property Overview

This 3-bedroom Signature residence in Verve at City Walk is offered as a distress resale at AED 10,000,000 against an agent-stated original purchase price of AED 11,981,840, a saving of AED 1,981,840 (16.5%). The 3,500 sq ft off-plan unit, by Meraas, has a Burj Khalifa view and is on floors 16 to 18 according to the agent, with handover stated as August 2028.

Property Highlights

• Asking price: AED 10,000,000
• Original purchase price (agent-stated): AED 11,981,840
• Saving versus OP: AED 1,981,840 (16.5%)
• Size: 3,500 sq ft
• Price per sq ft: approx. AED 2,857
• Type: 3-bedroom Signature residence (agent-stated)
• Floors: 16–18 (agent-stated)
• View: Burj Khalifa (agent-stated)
• Status: off-plan resale, handover stated as August 2028

Why the Price Qualifies as Below OP

The benchmark is the seller's original purchase price of AED 11,981,840, supplied in the agent brief on 1 October 2026. The asking price of AED 10,000,000 is AED 1,981,840 lower, which is 16.5% of the original price. The agent rounds this to 17%; the exact calculation gives 16.5%. Dividing the asking price by 3,500 sq ft gives approximately AED 2,857 per sq ft.

The brief does not say whether the seller covers the Dubai Land Department transfer fee, so buyers should assume they will pay it. At the standard 4% rate, that would be about AED 400,000 on the asking price, plus trustee and other transaction costs.

About the Project, Developer and Community

Verve is a two-tower residential project by Meraas in City Walk, launched in 2024. Published project information describes 1- to 5-bedroom residences, with 3-bedroom layouts ranging from about 1,700 sq ft to over 4,000 sq ft, and resident facilities including pools, a gym, children's play areas and barbecue spaces.

City Walk is Meraas's pedestrian-friendly lifestyle district in Al Wasl, with retail, dining, entertainment and residential neighbourhoods close to Downtown Dubai.

Layout, Floor and View

The agent describes a Signature residence on floors 16 to 18 with a Burj Khalifa view. Whether this refers to a single unit spanning three levels or a unit on one of those floors was not specified, and the tower, bathroom count, terraces and parking were not supplied. Buyers should confirm the exact unit, layout and floor from the floor plan and SPA.

Payment Plan and Handover

The agent states handover as August 2028; published project information gives a September 2028 target. The project's payment plan placed a share of the price on handover. The amount already paid by the seller and the remaining balance were not supplied, so buyers should confirm them against the SPA and Meraas's statement of account before committing.

Location and Connectivity

City Walk sits in Al Wasl between Al Safa Road and Al Wasl Road, close to Downtown Dubai, Business Bay and Jumeirah, with road access from Sheikh Zayed Road. Actual travel times depend on traffic and route.

Verification Notes

• Agent-supplied facts: building, Signature type, bedrooms, size, floors, view, original price, asking price and handover.
• Calculated by DPF: saving amount, saving percentage, price per sq ft and indicative 4% DLD fee.
• External research: project and developer facts from published Verve information.
• Not verified: the original price, tower, exact floor or layout, view, paid amount and availability. Confirm against the SPA and Meraas records before any payment.