Brand-New G+3 Building with 18 One-Bedroom Units in Liwan 2, Dubailand

Property Overview

This brand-new G+3 residential building in Liwan 2, Liwan (Dubailand), is offered as a whole at AED 18,000,000. It contains 18 one-bedroom apartments across 21,425 sq ft of built-up area on an 8,073 sq ft plot. That works out to about AED 840 per sq ft of built-up area and AED 1,000,000 per unit. The agent presents it as a distress sale.

Property Highlights

• Property type: whole residential building
• Configuration: ground plus three floors (G+3)
• Units: 18 one-bedroom apartments
• Built-up area: 21,425 sq ft
• Plot size: 8,073 sq ft
• Asking price: AED 18,000,000
• Price per sq ft (BUA): approx. AED 840
• Price per unit: AED 1,000,000
• Condition (agent-stated): brand new
• Location: Liwan 2, Liwan, Dubailand

Price Basis and Deal Classification

The agent describes this as a distress sale but did not supply an original purchase price, construction cost, valuation, DLD transaction or market comparison. DPF has therefore not calculated a discount, and this page does not claim the building is priced below its original cost or below market value.

The figures DPF can calculate from the brief are the price per square foot of built-up area (about AED 840) and the price per unit (AED 1,000,000 for each of the 18 one-bedroom apartments). Buyers comparing this with individual one-bedroom apartment prices in the area should also account for the plot, common areas and the single-title ownership of the whole building.

About Liwan and Dubailand

Liwan is a residential district in Dubailand, within the official Wadi Al Safa 2 area, made up largely of low-rise apartment buildings on individual plots. The area sits close to Dubai Silicon Oasis, International City and Academic City, with road access via Al Ain Road and Emirates Road.

Building Layout

According to the agent, the building is G+3 and contains 18 one-bedroom apartments. The breakdown of units per floor, individual unit sizes, parking provision, lift access and shared facilities were not supplied and should be confirmed from the building plans and completion documents.

Investment Considerations

A whole building can be leased, managed or sold as a single asset. The brief does not include occupancy, current rents, leasing history or operating costs, so DPF does not state a rental yield. Investors should request a rent roll or leasing plan, the building completion certificate, title documents, and any outstanding developer or financing obligations before making an offer.

Location and Connectivity

Liwan lies on the eastern side of Dubailand, near Dubai Silicon Oasis and Academic City, with access to Al Ain Road and Emirates Road. Travel times depend on route and traffic, so buyers should check access to their own key destinations.

Verification Notes

• Agent-supplied facts: whole building, Liwan 2 location, G+3, 18 one-bedroom units, built-up area, plot size, asking price, brand-new condition and distress basis.
• DPF-calculated figures: price per sq ft of built-up area and price per unit.
• External research: general facts about Liwan's location in Dubailand / Wadi Al Safa 2.
• Not supplied: original price or other price benchmark, completion certificate, occupancy, rents, unit sizes, parking and service costs. These must be verified before purchase.