1-Bedroom Burj Al Arab View Apartment in Verve Tower B, City Walk, 15.0% Below OP+DLD

Property Overview

This 1-bedroom off-plan apartment in Verve Tower B, City Walk, Dubai, is offered at AED 2,250,000 for 834 sq ft of built-up area, or about AED 2,698 per sq ft. The asking price is AED 397,840 (15.0%) below the agent-stated original price including DLD of AED 2,647,840. The agent reports a low-floor unit with Burj Al Arab views, a motivated seller, and handover expected in Q1 2028.

Property Highlights

• Property type: Apartment
• Bedrooms: 1
• Built-up area: 834 sq ft
• Asking price: AED 2,250,000
• Original price including DLD (agent-stated): AED 2,647,840
• Saving versus original price plus DLD: AED 397,840 (15.0%)
• Asking rate: approximately AED 2,698 per sq ft
• Floor: low floor (agent-stated)
• View: Burj Al Arab (agent-stated)
• Status: off-plan, expected handover Q1 2028
• Developer: Meraas

Why the Price Qualifies as Below OP

The listing is classified as Below OP because the asking price of AED 2,250,000 is lower than the agent-stated benchmark of AED 2,647,840, which the brief describes as the original price plus the DLD fee. The difference is AED 397,840, or 15.0%. If the DLD fee was the standard 4%, the original price alone would be about AED 2,546,000, and the asking price would be roughly AED 296,000 (11.6%) below it; this is a DPF estimate.

None of the figures have yet been checked against the SPA, Oqood or DLD receipt. The comparison reflects what the seller originally paid; it is not a claim that the unit is below current market value.

About the Project, Developer and Community

Verve is a residential project by Meraas in City Walk, a mixed-use district between Al Wasl Road and Sheikh Zayed Road combining residences with outdoor retail, dining and entertainment. This unit is in Tower B.

Layout, Floor and View

The agent confirms a 1-bedroom layout of 834 sq ft on a low floor with views towards the Burj Al Arab. Bathrooms, parking and furnishing were not supplied. Ask the DPF team for the floor plan.

Payment Plan and Handover

Handover is expected in Q1 2028, according to the agent. No payment plan, amount paid or outstanding balance was supplied. Confirm these, along with transfer and NOC fees, against the SPA and Meraas's statement of account before making an offer.

Location and Connectivity

City Walk has road access to Al Wasl Road, Al Safa Street and Sheikh Zayed Road, linking it with Downtown Dubai, DIFC and Jumeirah. Travel times vary with traffic and are not quoted here.

Verification Notes

• Agent-supplied facts: Verve Tower B, City Walk, 1-bedroom apartment, 834 sq ft, low floor, Burj Al Arab views, Q1 2028 handover, motivated seller, AED 2,647,840 original price including DLD and AED 2,250,000 asking price.
• DPF-calculated figures: AED 397,840 (15.0%) below the original price plus DLD, an estimated 11.6% below the original price alone and approximately AED 2,698 per sq ft.
• Not yet verified: SPA, Oqood or DLD records, payment status, bathrooms, parking and service charges.