Five-Bedroom Furnished Villa at Millennium Estates, Meydan (Nad Al Sheba) — Distress Resale

Property Overview

This is a five-bedroom, fully furnished villa (Type B, G+1) at Millennium Estates in Meydan (Nad Al Sheba), a gated villa community by G&Co Properties. The villa sits on a 9,782 sqft plot and is offered at AED 16,500,000. The agent describes it as approximately AED 7,000,000 below market value and cash-ready, and it is listed as a distress sale.

Property Highlights

• Type: 5-bedroom villa (Type B, G+1)
• Plot size: 9,782 sqft
• Asking price: AED 16,500,000
• Agent-stated discount: ~AED 7,000,000 below market value (implied market ~AED 23.5M, about 30%)
• Furnishing: fully furnished (agent-stated)
• Availability: cash-ready sale (agent-stated)
• Developer: G&Co Properties
• Community: Meydan (Nad Al Sheba)

Deal Basis and Benchmark

This listing is submitted as a distress sale that the agent describes as about AED 7,000,000 below market value. No dated market comparable, DLD transaction or original purchase price was supplied, so the implied market value of roughly AED 23,500,000 (the AED 16,500,000 asking price plus the AED 7,000,000 stated discount) and the resulting ~30% figure rest on the agent's estimate and have not been independently verified by DPF. A built-up area was not supplied; on the 9,782 sqft plot the asking price equates to about AED 1,687 per square foot of plot, which is not the same as a built-up-area rate.

About the Community, Developer and Location

Millennium Estates is a gated villa community in the Meydan / Nad Al Sheba district by G&Co Properties, a low-density area of large-plot villas south-east of Downtown Dubai with connectivity via Al Ain Road and Ras Al Khor Road. Community-level and villa-type (Type B) specifications should be confirmed against the developer's documentation.

Layout and Furnishing

The agent describes a Type B, ground-plus-one (G+1) five-bedroom villa, fully furnished, on a 9,782 sqft plot. The built-up area, exact internal layout, number of bathrooms, parking and the furniture inventory were not supplied and should be confirmed on the floor plan and in the Sale and Purchase Agreement.

Verification Notes

• Agent-supplied facts: 5-bedroom villa (Type B, G+1), plot size (9,782 sqft), asking price (AED 16,500,000), ~AED 7,000,000 below market (agent estimate), fully furnished, and cash-ready.
• DPF-calculated figures: implied market value ~AED 23,500,000 and ~30% below market (both derived from the agent's stated discount); price per plot square foot ~AED 1,687.
• No original purchase price or dated market comparable was supplied; the below-market figure is the agent's estimate and is not DPF-verified. 'Deal of the market' is agent marketing language.
• Built-up area not supplied: a built-up price per square foot could not be calculated, and size_sqft has been omitted (only the plot size is known).
• External project research: Millennium Estates is confirmed as a G&Co Properties villa community in Meydan / Nad Al Sheba; unit-specific facts were not independently verified.