4 Bedroom + Maid Palm-Facing Apartment in The S Tower by Sobha, 23.1% Below OP

Property Overview

This vacant four-bedroom plus maid's room apartment in The S Tower by Sobha Realty faces Palm Jumeirah and is offered at AED 12,000,000 against an agent-stated original purchase price of AED 15,600,000. That is AED 3,600,000 or 23.1% below OP. The unit measures 4,850 sq ft, approximately AED 2,474 per sq ft, and sits on a lower floor. The seller needs an immediate transfer.

Property Highlights

• Property type: Apartment
• Bedrooms: 4 plus maid's room
• Built-up area: 4,850 sq ft
• Asking price: AED 12,000,000
• Original purchase price: AED 15,600,000 (agent-stated)
• Saving vs OP: AED 3,600,000 (23.1%)
• Price per sq ft: approx. AED 2,474 (calculated)
• Floor: Lower floor (agent-stated)
• View: Palm Jumeirah facing (agent-stated)
• Status: Vacant (agent-stated)
• Seller requires immediate transfer
• Developer: Sobha Realty

Why the Price Qualifies as Below OP

The agent states an original purchase price of AED 15,600,000 and an asking price of AED 12,000,000. The difference is AED 3,600,000, which is 23.1% of the original price.

Calculation

• AED 15,600,000 minus AED 12,000,000 = AED 3,600,000
• AED 3,600,000 / AED 15,600,000 = 23.1% below OP
• AED 12,000,000 / 4,850 sq ft = approx. AED 2,474 per sq ft

The original price comes from the agent's brief. DPF has not reviewed the title deed or SPA. The agent describes this as a deal of the day, so availability at this price may be short-lived.

About the Project, Developer and Community

The S Tower is a single residential tower by Sobha Realty on Sheikh Zayed Road in Dubai Internet City, Al Sufouh. Published project information describes 43 residential levels with four-bedroom half-floor residences of roughly 4,700 to 5,400 sq ft, each with main and preparation kitchens, a maid's room with en-suite and a safe room. Tower amenities include a temperature-controlled infinity-edge pool, sauna and steam rooms, indoor and outdoor gyms and a mini outdoor theatre.

Layout, Floor and View

The agent confirms a four-bedroom plus maid's room layout of 4,850 sq ft on a lower floor facing Palm Jumeirah, vacant and available for transfer. The exact floor, bathroom count and parking allocation were not supplied and should be confirmed during viewing.

Transfer

The seller requires an immediate transfer. Buyers should confirm whether the unit has been handed over and title issued, any balance payable to Sobha, any mortgage or service charge arrears and Sobha's NOC requirements, and plan for a short transfer window.

Location and Connectivity

Dubai Internet City and Al Sufouh sit along Sheikh Zayed Road between Dubai Marina and Al Barsha, close to Palm Jumeirah and Dubai Media City, and are served by the Dubai Metro Red Line and Dubai Tram. Travel times depend on traffic.

Verification Notes

• Agent-supplied facts: project, four bedrooms plus maid, 4,850 sq ft BUA, OP AED 15,600,000, asking price AED 12,000,000, lower floor, Palm facing, vacant, immediate transfer and deal of the day. The agent described the location as Sobha Hartland.
• Calculated by DPF: savings amount, savings percentage and price per sq ft.
• External research: tower location, unit configurations and amenities.
• Not supplied: exact floor, bathrooms, parking, title status and service charge.