5-Bedroom Lagoon-View Villa with Basement at Palace Villas Ostra, The Oasis – Below Original Price

Property Overview

This 5-bedroom villa with basement at Palace Villas Ostra in The Oasis by Emaar is offered at AED 17,700,000. It has a built-up area of 10,400 sq ft on a 10,700 sq ft plot, with a lagoon view and a chamfered architectural style. The price is AED 2,000,000 (10.2%) below the agent-stated original price of AED 19,700,000, with handover expected in September 2029.

Property Highlights

• Property type: Villa
• Bedrooms: 5, plus basement
• Built-up area: 10,400 sq ft (agent-stated)
• Plot size: 10,700 sq ft (agent-stated)
• Asking price: AED 17,700,000
• Original price: AED 19,700,000 (agent-stated)
• Saving vs original price: AED 2,000,000, or 10.2% (calculated)
• Saving vs original price plus 4% DLD (AED 20,488,000): AED 2,788,000, or 13.6% (calculated)
• Price per sq ft of built-up area: approx. AED 1,702 (calculated)
• View: Lagoon (agent-stated)
• Style: Chamfered (agent-stated)
• Expected handover: September 2029 (agent-stated)
• Developer: Emaar Properties

Why the Price Qualifies as Below Original Price

The agent states the villa's original price was AED 19,700,000, plus DLD, and the seller is asking AED 17,700,000.

Calculation

• Saving vs original price: AED 19,700,000 − AED 17,700,000 = AED 2,000,000 (10.2%)
• Original price plus 4% DLD: AED 19,700,000 × 1.04 = AED 20,488,000
• Saving vs original price plus DLD: AED 20,488,000 − AED 17,700,000 = AED 2,788,000 (13.6%)
• Rate: AED 17,700,000 ÷ 10,400 sq ft = approx. AED 1,702 per sq ft of built-up area

The headline saving on this page uses the stricter comparison with the original price alone. The original price should be confirmed against the seller's SPA, and the comparison is with the seller's cost only, not with recent DLD transactions.

About the Project and Developer

Palace Villas Ostra is a cluster of Palace-branded villas by Emaar Properties within The Oasis, Emaar's waterfront villa community built around lagoons and landscaped parks. Published listing information describes a gated community with jogging and cycling tracks, children's play areas, water features and retail and dining, with expected handover in Q3 2029. Final specifications should be confirmed against Emaar's sales documents.

Layout, Plot and Position

The agent describes a 5-bedroom villa with a basement level, a lagoon view and a chamfered design style. The built-up area of 10,400 sq ft includes the basement and sits on a 10,700 sq ft plot. The bathroom count, parking and unit number were not supplied. Request the floor plans, including the basement, and the site plan before making an offer.

Payment Plan and Handover

The agent states handover is expected in September 2029. The payment schedule, amount already paid and balance due on handover were not supplied. Buyers should confirm the outstanding balance, Emaar's transfer and NOC fees and the DLD transfer fee against the SPA and the developer's statement of account.

Location and Connectivity

The Oasis sits off Sheikh Mohammed Bin Zayed Road and Emirates Road in the Dubailand corridor. Exact travel times should be checked during a viewing.

Verification Notes

• Agent-supplied facts: project, bedrooms, basement, built-up area, plot size, original price, asking price, lagoon view, chamfered style and September 2029 handover.
• Calculated figures: both saving amounts and percentages, OP plus DLD total and price per sq ft.
• External research: developer, community and handover timeline from published listing information; these are not unit-specific.
• Not supplied: bathrooms, parking, payment schedule and amount paid.