Property Overview
This 3-bedroom apartment in Verve by Meraas at City Walk is listed at AED 9,524,300, which is 20.4% below the agent-stated original purchase price of AED 11,960,000. The unit spans 3,484 sq ft and offers full Burj Khalifa views. It is an off-plan resale with handover expected in Q1 2028.
Property Highlights
- Type: 3-bedroom apartment
- Built-up area: 3,484 sq ft
- Views: full Burj Khalifa
- Asking price: AED 9,524,300
- Original purchase price (agent-stated): AED 11,960,000
- Savings: AED 2,435,700 (20.4%)
- Estimated total seller loss including DLD: approximately AED 2,914,100
- Rate: approximately AED 2,734 per sq ft
- Payment plan: 75/25
- Handover: Q1 2028
- Status: off-plan resale
Why This Price Qualifies as Below OP
The seller originally purchased this apartment for AED 11,960,000, as stated by the listing agent. The current asking price of AED 9,524,300 produces a saving of AED 2,435,700, equivalent to a 20.4% reduction from the original price.
The seller's total loss extends beyond the OP reduction. At the time of original purchase, the seller would have paid DLD transfer fees of 4%, approximately AED 478,400. Combined with the AED 2,435,700 reduction from OP, the seller's estimated total loss is approximately AED 2,914,100.
The stated OP of AED 11,960,000 for a 3,484 sqft 3-bedroom with full Burj Khalifa views translates to approximately AED 3,433 per sqft at original purchase. This is within a plausible range for a premium Burj-facing 3BR in a Meraas City Walk development. Buyers should request the seller's signed SPA to confirm the original purchase price independently.
About Verve
Verve is a twin-tower residential development by Meraas (DLD: CITYWALK RESIDENTIAL 1 L.L.C) within City Walk in the Al Wasl district of Dubai. The two 29-storey towers offer studios, 1, 2 and 3-bedroom apartments designed with premium finishes, floor-to-ceiling windows, balconies and contemporary interiors. The development is off-plan with a 75/25 payment plan.
Amenities
Residents have access to an infinity swimming pool, children's pool, fully equipped gymnasium, spa and sauna, yoga and meditation decks, running track, dog park, tennis and squash courts, half-court basketball, skateable landscape, outdoor gym, children's adventure playground, picnic pavilions, BBQ areas, function rooms, nursery, and retail and dining outlets. The building provides 24-hour security, covered parking and concierge services.
Location and Connectivity
City Walk is situated in Al Wasl, one of Dubai's most central locations. Downtown Dubai and Burj Khalifa are approximately 10 minutes away, Jumeirah Beach approximately 10 minutes, DIFC approximately 5 minutes, and Dubai Mall approximately 10 minutes. The district sits adjacent to Dubai Design District (d3) and is connected to Al Safa Street and Sheikh Zayed Road. City Walk offers a curated mix of high-end retail, dining, entertainment and cultural attractions within a pedestrian-friendly environment.
Verification Notes
The asking price of AED 9,524,300, original purchase price of AED 11,960,000, 3 bedrooms, built-up area of 3,484 sq ft, full Burj Khalifa views and Q1 2028 handover are all sourced from the agent brief dated 18 September 2026. The price per square foot of AED 2,733 and savings of AED 2,435,700 (20.4%) are calculated from these figures. The estimated total seller loss of AED 2,914,100 includes the assumed 4% DLD fee on the original purchase.
Bathroom count, parking, floor level and furnishing were not specified in the agent brief and have been omitted. Project-level facts are sourced from Meraas records and DLD data via Dubizzle. This listing is classified as a draft. The original purchase price has not been independently verified against the seller's SPA. No images have been supplied; actual photography or renders are required before publication.