Brand-New B+G+3P+18 Building with Multiple Title Deeds in Dubai Production City (IMPZ) – Urgent Sale

Property Overview

This is a brand-new whole building in Dubai Production City (formerly IMPZ), offered at AED 310,000,000 and posted as an urgent distress sale. The agent describes a B+G+3P+18+R structure (basement, ground, three podium levels, 18 typical floors and roof) held under multiple title deeds.

Property Highlights

• Asking price: AED 310,000,000
• Asset: entire building (agent-stated)
• Configuration: B+G+3P+18+R (agent-stated)
• Condition: brand new (agent-stated)
• Title: multiple title deeds (agent-stated)
• Location: Dubai Production City (IMPZ)

Why This Listing Is Classified as Below Market

The building is posted as an urgent distress sale. The brief does not include the seller's acquisition or construction cost, a DLD transaction or a dated comparison with other whole-building sales, so DPF has not calculated a discount and does not claim a specific saving.

The Below Market classification reflects the urgent-sale positioning and is pending DPF confirmation. Because no saleable or built-up area was supplied, DPF cannot yet state a price per sq ft. Buyers should obtain the total saleable area and unit schedule and benchmark against recent bulk and whole-building transactions in the area.

About Dubai Production City

Dubai Production City, originally the International Media Production Zone (IMPZ), was established in 2003 by TECOM Group, part of Dubai Holding. It is a free zone and freehold area of about 43 million sq ft on Sheikh Mohammed Bin Zayed Road, neighbouring Dubai Sports City, Jumeirah Golf Estates and the Jumeirah Village communities.

Building Configuration and Title

The agent describes a basement, ground floor, three podium parking levels, 18 upper floors and a roof. The building's name, plot number, use (residential, commercial or mixed), number of units, unit mix, total saleable area and parking count were not supplied.

Multiple title deeds usually means individual units are registered separately rather than the building being held on a single deed. Buyers should confirm how many deeds are included, whether every unit is part of the sale, and whether any units are mortgaged or tenanted.

Transfer and Due Diligence

A whole-building purchase involves transferring each title deed and reviewing the building completion certificate, owners' association and service charge position, and any existing leases. Payment terms were not supplied. Engage legal, technical and valuation advisers before making an offer.

Location and Connectivity

Dubai Production City sits on Sheikh Mohammed Bin Zayed Road. DPF has not verified journey times from this building, so check access routes for your intended use.

Verification Notes

• Agent-supplied: location, B+G+3P+18+R configuration, brand-new condition, multiple title deeds, urgent distress positioning, price.
• Calculated by DPF: none; no area was supplied for a per-sq-ft rate.
• External research: Dubai Production City history, ownership, size and neighbouring communities.
• Not supplied: building name, plot number, use, unit count and mix, saleable area, occupancy, original cost, comparable transactions, payment terms.