4BR Penthouse in Como Residences with 360-Degree Sea Views Below Original Purchase Price

Property Overview

A 4-bedroom penthouse in Como Residences on Palm Jumeirah, offered at AED 55,000,000. The 9,816 sqft unit sits on a higher floor with 360-degree sea views. The asking price is AED 1,298,000 below the back-calculated original purchase price of approximately AED 56,298,000. The seller's total investment loss reaches AED 3,550,000 when including the 4% DLD transfer fee paid at registration.

Property Highlights

• Type: 4-bedroom penthouse
• Size: 9,816 sqft built-up area
• Asking price: AED 55,000,000
• Rate: AED 5,603 per sqft
• Back-calculated original purchase price: approximately AED 56,298,000
• Total seller investment (OP plus DLD): AED 58,550,000
• Savings from OP: AED 1,298,000 (2.3%)
• Total seller loss including DLD: AED 3,550,000
• Floor: higher floor within a 71-storey tower
• Views: 360-degree panoramic sea views
• Seller payment status: 80% paid to developer
• Handover: Q3 2027

Why the Price Qualifies as Below Original Purchase Price

The agent states that the seller's total cost was AED 58,550,000, described as the original price plus DLD. This figure includes the 4% DLD transfer fee paid at the time of registration. Back-calculating the purchase price alone by dividing AED 58,550,000 by 1.04 yields approximately AED 56,298,000. The asking price of AED 55,000,000 is AED 1,298,000 below this estimated original purchase price, representing a 2.3% discount.

The seller's total financial loss is considerably larger. The difference between their full investment of AED 58,550,000 and the asking price of AED 55,000,000 is AED 3,550,000. This includes both the price reduction of AED 1,298,000 and the forfeited DLD fee of approximately AED 2,252,000.

DLD transaction records for Como Residences provide supporting context. Recent 4-bedroom off-plan registrations include AED 64,884,800, AED 60,940,800 and AED 60,280,800 in September 2026, AED 56,500,000 in May 2026, and AED 59,436,800 and AED 63,504,800 in early 2026. These are likely primary developer-to-buyer registrations during the off-plan phase rather than secondary resales. The asking price of AED 55,000,000 sits below most of these recorded 4-bedroom transaction values.

About Como Residences, Nakheel and Palm Jumeirah

Como Residences is a 71-storey residential tower developed by Nakheel on Palm Jumeirah. The project features a sculptural seashell-inspired design with a limited number of residences ranging from 2 to 7 bedrooms, including duplexes and a triplex penthouse. Starting prices are reported from AED 21 million.

Building amenities include Palm Jumeirah's highest rooftop infinity pool and viewing deck, a private beach, wellness spa, gymnasium, private cinema, padel and squash courts, landscaped gardens, children's play areas, a business lounge, concierge and valet services. All units feature private lift lobbies.

Nakheel is a Dubai-based master developer responsible for Palm Jumeirah, Jumeirah Islands, Jumeirah Village and other large-scale communities across the emirate. Palm Jumeirah is a freehold island development on Dubai's coastline, recognised for luxury residences, hospitality venues and direct beach access. All units in Como Residences are freehold for all nationalities.

Layout, Floor and View

This penthouse occupies a higher floor within Como Residences' 71-storey tower, offering 360-degree panoramic sea views across the Arabian Gulf and Palm Jumeirah. The unit spans 9,816 sqft of built-up area across 4 bedrooms. A comparable 4-bedroom penthouse listing at 9,910 sqft in the same building from Christie's International Real Estate includes 7 bathrooms, a maid's room, study room, walk-in closets, a private lift lobby and covered parking, though the exact specification of this unit should be confirmed directly with the agent.

Payment and Handover

The seller has paid 80% of the purchase price to the developer, with 20% remaining on the payment schedule. The buyer would assume responsibility for the outstanding balance upon transfer. Handover is scheduled for Q3 2027, consistent with the project's announced completion timeline. All payment obligations, transfer terms and remaining installment details should be confirmed with the agent and verified against the original sales and purchase agreement before proceeding.

Verification Notes

• The original purchase price of approximately AED 56,298,000 is back-calculated from the agent's stated total cost of AED 58,550,000 (described as OP plus DLD) by dividing by 1.04 to remove the 4% DLD transfer fee. The exact purchase price may differ slightly depending on the precise DLD fee structure and any administrative charges.
• DLD transaction data from Property Finder shows 4-bedroom off-plan registrations at Como Residences ranging from AED 56.5 million to AED 64.9 million in 2026, likely representing primary developer sales rather than secondary resales.
• A Christie's International Real Estate listing for a comparable 4-bedroom penthouse at 9,910 sqft in Como Residences is priced at AED 71,000,000 and lists 7 bathrooms, though it may represent a different unit layout or floor.
• Bathrooms, parking, furnishing, unit number and subcommunity are not stated in the agent brief and have been omitted.
• The 80% paid figure refers to the seller's payments to the developer under the original purchase agreement, not a payment plan being offered to the buyer.
• Project details including the 71-floor tower height, amenities and developer identity are sourced from Nakheel's project information and Christie's International Real Estate Dubai listings.