5-Bedroom Type 5E Villa in Sobha Reserve, Wadi Al Safa 2 Below Original Price

Property Overview

This is a five-bedroom Type 5E villa in Sobha Reserve, Wadi Al Safa 2, offered as an off-plan resale at AED 9,700,000. The villa has a 6,061 sq ft built-up area and is priced AED 409,000, or 4.0%, below the agent-stated original purchase price of AED 10,109,000. The agent reports a 60/40 payment plan and describes the sale as urgent.

Property Highlights

• Asking price: AED 9,700,000
• Agent-stated original purchase price: AED 10,109,000
• Difference: AED 409,000, or 4.0% below the stated original price
• Built-up area: 6,061 sq ft
• Price per sq ft (built-up): approximately AED 1,600
• Bedrooms: 5
• Villa type: 5E
• Payment plan: 60/40, as stated by the agent

Why the Price Qualifies as Below OP

The agent brief lists an original price of AED 10,109,000 and a selling price of AED 9,700,000. The difference is AED 409,000, and dividing that by the original price gives 4.0%, rounded to one decimal place.

This is a modest discount for a property of this value. Buyers should compare it against recent resale prices for similar Type 5E villas in Sobha Reserve and confirm the original price, amount paid to date and any developer fees in the SPA and Sobha statement of account.

About the Project, Developer and Community

Sobha Reserve is a villa community developed by Sobha Realty in Wadi Al Safa 2, Dubai. Sobha Realty is known for building its projects in-house, from design through construction. Buyers should confirm the current construction progress, amenities and master plan with Sobha Realty directly.

Layout

The agent confirms a five-bedroom Type 5E villa with a 6,061 sq ft built-up area. Plot size, bathroom count, parking, view and furnishing were not supplied. Request the Type 5E floor plan and the unit's plot details before relying on any additional size figures.

Payment Plan and Handover

The agent states a 60/40 payment plan. The amount already paid, the amount the buyer must pay the seller and the remaining balance due to Sobha Realty were not supplied, and no handover date was given. Ask for the statement of account and confirm the expected completion date in the SPA.

Verification Notes

• Agent-supplied facts: project, villa type, bedrooms, built-up area, original price, asking price, payment plan and urgency.
• Calculated figures: the AED 409,000 difference, 4.0% discount and AED 1,600 per sq ft are DPF calculations from the agent's figures.
• Not supplied: plot size, bathrooms, parking, view, handover date, amount paid and unit number.