5-Bedroom Villa on the Park at Palace Villas Ostra, 10.4% Below OP

Property Overview

This 5-bedroom villa in Palace Villas Ostra, The Oasis by Emaar, is offered at AED 18,000,000 net. The agent states a built-up area of 10,500 sq ft on a 16,500 sq ft plot, positioned on the park and close to the community entrance. Against an agent-stated original purchase price of AED 20,100,000, the asking price is AED 2,100,000 or 10.4% below OP.

Property Highlights

• Asking price: AED 18,000,000 (quoted net by the agent)
• Original purchase price: AED 20,100,000
• Below OP by: AED 2,100,000 (10.4%)
• Bedrooms: 5
• Built-up area: 10,500 sq ft (agent-stated)
• Plot size: 16,500 sq ft (agent-stated, described as a larger plot)
• Asking rate: about AED 1,714 per sq ft of built-up area (OP rate about AED 1,914)
• Position: on the park, close to the entrance (agent-stated)
• Developer: Emaar

Why the Price Qualifies as Below OP

The agent supplied an original purchase price of AED 20,100,000 and a selling price of AED 18,000,000. The difference is AED 2,100,000, which is 10.4% of the OP.

The agent describes the price as net. In Dubai resale practice this usually means the figure is what the seller receives, with transfer fees and agency commission payable on top, but the exact meaning should be confirmed with the agent. The amount already paid to Emaar and the remaining balance were not supplied, so confirm the cash due to the seller and any outstanding instalments against the SPA and Emaar's statement of account.

About Palace Villas Ostra and The Oasis

Palace Villas Ostra is a branded villa collection within The Oasis, Emaar's waterfront villa community. Published information describes gated security, jogging and cycling tracks, children's play areas, landscaped parks with water features, retail and dining, and highway access. Villas in the collection are off-plan, with handover dates on published listings falling in 2029.

Layout, Plot and Position

The agent describes a five-bedroom villa of 10,500 sq ft on a 16,500 sq ft plot, facing the park and close to the community entrance. Bathroom count, parking, floors and finishes were not supplied. Other published 5-bedroom villas in this collection are smaller, so request the plot plan and floor plans to confirm both figures.

Payment Plan and Handover

The agent did not supply a handover date, payment plan or amount paid. Published listings for this collection indicate handover in 2029; confirm the date and remaining payments for this unit in the SPA.

Location and Connectivity

The Oasis is an Emaar master community in the Dubailand area with road access to the city's main highways. Exact travel times were not supplied.

Verification Notes

• Agent-supplied: price, OP, built-up area, plot size, bedrooms, park position, closeness to the entrance and net pricing.
• Calculated by DPF: discount amount, discount percentage and rates per sq ft.
• External research: collection and community features from published listings.
• Not supplied: bathrooms, parking, handover date, payment plan and amount paid. Size figures should be checked against the SPA.