Property Overview
This is a vacant four-bedroom villa with a maid's room at District One, a Nakheel gated community within Mohammed Bin Rashid City (MBR City), Dubai. Measuring 5,055 sq ft, it is offered as a below-market distress sale at AED 15,500,000 — AED 1,500,000 below the stated market benchmark of AED 17,000,000, about 8.8% lower, at an indicative AED 3,066 per sq ft. It is vacant on transfer.
Property Highlights
- Vacant four-bedroom-plus-maid villa at District One, MBR City
- 5,055 sq ft in a gated Crystal Lagoon community
- Priced AED 1,500,000 (about 8.8%) below the stated AED 17,000,000 market benchmark
- Ready villa with vacant possession
- Asking price of AED 15,500,000 (approximately AED 3,066 per sq ft)
Deal Classification and Pricing
This is a distress listing classified as Below Market, supported by a supplied market benchmark of AED 17,000,000 for comparable District One villas. Against the AED 15,500,000 asking price, this represents:
- Savings amount: AED 1,500,000
- Savings versus the market benchmark: about 8.8%
- Indicative rate: approximately AED 3,066 per sq ft, based on the 5,055 sq ft size
The benchmark's basis — whether a comparable transaction, a listing average or a valuation — along with its source and date, should be confirmed and recorded on DPF's evidence file before publishing. The agent markets the villa as an "urgent distress" sale, "AED 1.5M below the AED 17M benchmark" — an agent-supplied claim that DPF has expressed against the supplied benchmark; buyers should still verify current comparable transactions.
Layout and Vacancy
The brief describes a four-bedroom villa with a maid's room of 5,055 sq ft, vacant on transfer. Bathroom count, parking, plot size, view and furnishing were not supplied and should be confirmed. To keep this listing accurate, no unit-specific details beyond those supplied and standard community features have been added.
About District One, MBR City and Nakheel
District One is one of Dubai's most prestigious gated communities, developed by Nakheel within Mohammed Bin Rashid Al Maktoum City. It is built around the world's largest Crystal Lagoon, a seven-kilometre stretch of clear water, complemented by an eight-mile boardwalk, sandy beaches, cycling and jogging tracks and more than 26 million sq ft of greenery. The community offers contemporary and Mediterranean-style villas and mansions with private pools and gardens, a clubhouse, sports facilities, community gardens, retail, a supermarket, pharmacy, nursery and school. It sits minutes from Downtown Dubai, DIFC and Meydan, with freehold ownership. The exact phase or cluster of this villa (labelled 'District One B' in the brief) should be confirmed.
Sale Type and Terms
This is a ready villa offered on the secondary market, vacant on transfer. Service charge and other terms were not supplied in the brief. The sale proceeds by signed Sale and Purchase Agreement (SPA) and standard Dubai Land Department transfer, with vacant possession to the buyer.
Location and Connectivity
District One sits within MBR City near Meydan and Ras Al Khor, about 10 to 15 minutes from Downtown Dubai and DIFC. Specific drive times were not supplied and are not stated here to avoid unverified claims; buyers should confirm distances to their own key destinations.
Verification Notes
- Agent-supplied facts: four-bedroom-plus-maid villa, 5,055 sq ft, vacant, AED 15,500,000 asking price and an AED 17,000,000 market benchmark.
- Deal classification: Below Market, supported by the supplied benchmark. Calculated by DPF: savings of AED 1,500,000 (about 8.8%) and an indicative AED 3,066 per sq ft. The benchmark's basis, source and date should be logged before publishing.
- Researched project facts: developer (Nakheel), District One Crystal Lagoon community, villa collections and amenities were taken from Nakheel/market sources because the developer was not supplied.
- Phase/size: 5,055 sq ft is at the smaller end of District One's 4-bedroom villas; confirm the exact phase/cluster and plot size.
- The agent's "Distress - Below Market | AED 1.5M Below AED 17M Benchmark" statement is preserved as an attributed agent marketing claim; DPF's calculation against the supplied benchmark is AED 1,500,000 (about 8.8%).