1 Bedroom Apartment for Sale in Sobha Verde, JLT, Dubai – Mega Distress Deal

876 Sq.Ft 1-Bedroom, Mid Floor – AED 370,000 Below OP in Sobha Verde, Jumeirah Lake Towers, Dubai

This is a mega distress opportunity — one of the deepest discounts to original purchase price currently available in Sobha Verde, Jumeirah Lake Towers (JLT), Dubai. A mid-floor 1-bedroom apartment of 876 sq.ft is being offered at AED 1,500,000 against an original purchase price of AED 1,870,000 — a direct saving of AED 370,000, representing approximately 20% below what the seller originally paid. On a per-sq.ft basis, the buyer enters at approximately AED 1,712 per sq.ft, against the seller’s OP of approximately AED 2,135 per sq.ft — acquiring a premium Sobha Realty asset at a price point that is genuinely exceptional for this project and developer brand in JLT. Sobha Verde is a landmark development by Sobha Realty, one of the most vertically integrated and globally recognised luxury real estate developers in the UAE, known for its in-house construction, precision engineering, and superior finish quality. JLT continues to mature as one of Dubai’s most connected, well-serviced, and investment-grade residential communities, with Metro access, lake views, and immediate proximity to Dubai Marina and JBR. At AED 1,500,000 for 876 sq.ft of Sobha-quality space in JLT — AED 370,000 below what the seller paid — this listing is a rare alignment of a world-class developer brand, a central location, and a motivated seller price that demands immediate attention from serious buyers.

Property Highlights

• Bedrooms: 1
• Size: 876 sq.ft
• Floor: Mid Floor
• Asking Price (SP): AED 1,500,000
• Original Purchase Price (OP): AED 1,870,000
• Saving vs OP: AED 370,000 (approx. 20% below original price paid)
• Price Per Sq.Ft (SP): Approx. AED 1,712 per sq.ft
• Price Per Sq.Ft (OP): Approx. AED 2,135 per sq.ft
• Building: Sobha Verde
• Community: Jumeirah Lake Towers (JLT), Dubai
• Developer: Sobha Realty
• Ownership: Freehold – Open to All Nationalities
• Handover: Available on request – to be confirmed with latest Sobha Realty update
• Bathrooms: Available on request
• Parking: Available on request

About Sobha Verde, Jumeirah Lake Towers, Dubai

Sobha Verde is a signature residential development by Sobha Realty, positioned in the heart of Jumeirah Lake Towers (JLT) — one of Dubai’s most well-established and Metro-connected free zone and residential communities. The Verde project reflects Sobha’s hallmark philosophy of backward integration: Sobha designs, engineers, constructs, and finishes its projects entirely in-house, without reliance on third-party contractors — a model that consistently produces superior build quality, precision detailing, and finish standards that set Sobha apart from the broader Dubai developer market. Verde in particular showcases Sobha’s elevated approach to mid-rise residential design in an established community, targeting discerning buyers and long-term investors who prioritise quality of construction and location fundamentals over marketing-led brand positioning. JLT’s lakes, parks, retail podiums, DMCC free zone infrastructure, and direct Metro connectivity make it one of the most enduringly demanded communities in Dubai for both tenants and owner-occupiers.

Community & Lifestyle

• Jumeirah Lake Towers (JLT) — one of Dubai’s most mature, well-connected, and actively traded residential and commercial communities
• DMCC free zone — home to over 21,000 registered businesses and consistently rated the world’s number one free zone, driving sustained professional tenant demand
• Three lakes and extensive landscaped promenades providing a tranquil, nature-adjacent lifestyle within an urban setting
• Served by two Dubai Metro stations on the Red Line — DMCC and Sobha Realty (formerly Jumeirah Lake Towers) stations
• A short drive or walk to Dubai Marina, JBR, Bluewaters Island, and Palm Jumeirah
• Retail podiums, supermarkets, restaurants, cafés, and leisure outlets throughout the JLT cluster
• Direct access to Sheikh Zayed Road (E11) and Al Khail Road (E44)
• Strong year-round rental demand from DMCC professionals, media and tech industry workers, and young families

Amenities

• Swimming Pool with Lake or Community Views
• Fully Equipped Gymnasium and Fitness Centre
• Spa and Wellness Facilities
• Children’s Play Area
• Landscaped Podium Gardens and Outdoor Spaces
• Concierge and Reception Services
• 24/7 Security
• Covered Parking
• High-Speed Elevators
• Sobha Quality Lobby and Common Areas
• Retail and Dining at Ground Level / Podium
• Access to JLT Lake Promenade and Community Parks
• Additional Sobha Verde amenities available on request

Layout & Floor Plan

This 1-bedroom apartment spans 876 sq.ft on a mid floor of Sobha Verde, JLT. Sobha Realty’s in-house design philosophy prioritises maximising usable living space and delivering superior spatial quality within each square foot — the result is a layout that lives considerably larger than its stated area. The apartment features an open-plan living and dining area designed to optimise natural light and airflow, a well-proportioned master bedroom, a fully fitted kitchen with Sobha’s characteristic premium specification, bathroom, and balcony access with community or lake-oriented views. The detailed architectural floor plan for this 1-bedroom unit in Sobha Verde, JLT — including exact room dimensions, bathroom count, balcony measurements, and unit orientation — is available on request.

Payment & Handover

This is an off-plan resale from a highly motivated seller offering one of the deepest discounts to OP currently available in the building. The handover date and remaining payment schedule to Sobha Realty should be confirmed with the developer and a qualified UAE property lawyer prior to proceeding.

• Asking Price (SP): AED 1,500,000
• Original Purchase Price (OP): AED 1,870,000
• Saving vs OP: AED 370,000 (approx. 20% below original price paid)
• Price Per Sq.Ft (SP): Approx. AED 1,712
• Price Per Sq.Ft (OP): Approx. AED 2,135
• Handover Date: To be confirmed with latest Sobha Realty update
• Remaining Payments to Developer: To be confirmed — contact our team for full details
• Dubai Land Department (DLD) Transfer Fee: 4% of transaction price (payable by buyer)
• Developer NOC Fee: To be confirmed with Sobha Realty
• Agency Commission, Trustee Fees & Mortgage Costs: Available on request

In off-plan resales, the incoming buyer typically pays the agreed selling price to the current owner and takes over any remaining payment obligations to the developer. At AED 1,500,000 — approximately AED 1,712 per sq.ft for a Sobha-quality 876 sq.ft 1-bedroom in JLT — this is one of the most aggressively priced below-OP distress resales in Sobha Verde at the time of listing. AED 370,000 is a substantial discount by any measure for this building and developer brand. Serious buyers should engage without delay.

Location & Connectivity

• DMCC Metro Station (Red Line): Approximately 5–8 minutes on foot — direct Red Line access
• Sobha Realty Metro Station (Red Line): Approximately 5 minutes by car or short walk
• JLT Lake Promenade: Walkable from Sobha Verde
• Sheikh Zayed Road (E11): Direct access
• Al Khail Road (E44): Direct access
• Dubai Marina & JBR: Approximately 5–8 minutes by car
• Bluewaters Island & Ain Dubai: Approximately 10 minutes by car
• Palm Jumeirah: Approximately 10–12 minutes by car
• Dubai Hills Mall: Approximately 15 minutes by car
• Downtown Dubai & Burj Khalifa: Approximately 20 minutes by car
• Dubai International Airport (DXB): Approximately 25–30 minutes by car
• Al Maktoum International Airport: Approximately 25 minutes by car

Why Invest in Sobha Verde, JLT, Dubai

• AED 370,000 below the original purchase price — approximately 20% below OP — one of the deepest discounts to OP currently available in Sobha Verde
• At approx. AED 1,712 per sq.ft vs the seller’s OP of AED 2,135 per sq.ft — a rare and significant per-sq.ft entry advantage in a Sobha Realty development
• Sobha Realty is widely regarded as one of the highest quality and most reliable developers in the UAE — the brand itself commands a resale and rental premium over comparable JLT stock
• JLT has two Metro stations on the Red Line, direct Sheikh Zayed Road and Al Khail Road access, and immediate proximity to Dubai Marina — one of the most connected communities in Dubai
• DMCC — the world’s number one free zone — drives sustained, year-round professional tenant demand from a globally diverse corporate workforce based in JLT
• 876 sq.ft of Sobha-quality space is a generous footprint for a 1-bedroom at this price point, providing strong usable area relative to comparable JLT 1-bedrooms
• JLT has demonstrated consistent long-term capital appreciation and rental yield performance, underpinned by its Metro connectivity, free zone ecosystem, and proximity to Dubai Marina
• Freehold ownership open to all nationalities; UAE residency visa eligibility for qualifying buyers
• Dubai’s zero income tax and zero capital gains tax environment maximises net rental yield and resale returns

Frequently Asked Questions (FAQs)