Property Overview
This 5-bedroom villa on Palm Jumeirah is listed at AED 26,900,000, which is 35.8% below the agent-stated original purchase price of AED 41,900,000. The villa has a B+G+2 configuration spanning 12,325 sq ft BUA on a 6,997 sq ft plot, with private beach access and a private swimming pool. The price has been reduced progressively from AED 41.9M to AED 30M to AED 26.9M. The property is vacant on transfer and the price is net to seller.
Property Highlights
- Type: 5-bedroom villa
- Configuration: B+G+2 (basement, ground, two upper floors)
- Built-up area: 12,325 sq ft (1,145 sqm)
- Plot size: 6,997 sq ft (650 sqm)
- Private beach: yes
- Private pool: yes
- Basement: yes
- Asking price: AED 26,900,000 (net to seller)
- Original purchase price: AED 41,900,000
- Savings: AED 15,000,000 (35.8%)
- Rate: approximately AED 2,183 per sq ft
- Price history: AED 41.9M to AED 30M to AED 26.9M
- Status: ready, vacant on transfer
Why This Price Qualifies as Below OP
The seller originally purchased this villa for AED 41,900,000, as stated by the listing agent via WealthCorp. The current asking price of AED 26,900,000 represents a saving of AED 15,000,000, equivalent to a 35.8% reduction from the original price. This is among the deepest discounts in the DPF portfolio.
The progressive price reductions tell a clear story of distress. The villa was initially offered at the OP of AED 41.9M, then reduced to AED 30M, and now further reduced to AED 26.9M. Each reduction signals increasing seller urgency.
As context, the Property Finder average sale price for 5-bedroom villas on Palm Jumeirah is AED 54,175,526. At AED 26,900,000, this villa is approximately 50% below the community average. Comparable 5BR villas on the Palm include Garden Homes of 6,700 sqft BUA at AED 55M-58M (furnished). This villa at 12,325 sqft BUA is nearly double the size of those comparables at roughly half the price, underscoring the scale of the discount.
Given the exceptional depth of this discount, buyers should conduct thorough due diligence including SPA verification, title search, mortgage clearance confirmation and a full property inspection before committing.
About the Property
This is a standalone B+G+2 villa on Palm Jumeirah featuring four levels of living space. The basement provides additional functional area that may include entertainment rooms, staff quarters, storage or utility spaces. The ground and upper floors house the main living areas, bedrooms and entertaining spaces. The villa includes private beach access and a private swimming pool on the plot.
The property is vacant and ready for immediate transfer. The sale is net to seller, meaning the buyer covers all transaction costs including the 4% DLD transfer fee (approximately AED 1,076,000), agency commission and applicable fees.
Location
The villa is located on Palm Jumeirah, Dubai's iconic man-made island. Palm Jumeirah offers a resort-style waterfront lifestyle with private beaches, luxury hotels, fine dining, Nakheel Mall, The Pointe, Atlantis The Palm and Ain Dubai. The island connects to the mainland via the Palm trunk road leading to Sheikh Zayed Road, with Dubai Marina and JBR within minutes.
Verification Notes
The asking price of AED 26,900,000, original purchase price of AED 41,900,000, 5 bedrooms, B+G+2, BUA 1,145 sqm (12,325 sqft), plot 650 sqm (6,997 sqft), private beach, private pool, vacant on transfer, net to seller and progressive price reductions are all sourced from the agent brief dated 18 September 2026 via WealthCorp.
The specific frond, villa type, bathroom count, parking, furnishing and interior details were not provided. The 35.8% discount is exceptionally deep and warrants careful buyer verification. This listing is classified as a draft. No images have been supplied; actual property photography is required before publication.