1-Bedroom Vida Interior Apartment in Park Lane 1A, Dubai Hills Estate — 6.7% Below Original Price

Property Overview

This 1-bedroom apartment with Vida interiors in Park Lane Building 1A, Dubai Hills Estate is listed at AED 1,400,000, which is 6.7% below the agent-stated original purchase price of AED 1,500,000. The unit spans 658 sq ft with 1 bathroom, 1 parking space and a 72 sqft balcony. There is no debt to the developer and approximately AED 900,000 in cash is needed to complete the purchase. Handover is expected Q4 2028.

Property Highlights

• Type: 1-bedroom apartment, Vida branded interiors
• Built-up area: 658 sq ft
• Bathroom: 1
• Parking: 1 covered space
• Balcony: 72 sq ft
• Asking price: AED 1,400,000
• Original purchase price (agent-stated): AED 1,500,000
• Savings: AED 100,000 (6.7%)
• Rate: approximately AED 2,128 per sq ft
• Developer debt: none (fully paid)
• Cash needed: approximately AED 900,000
• Payment plan: 80/20
• Handover: Q4 2028

Why This Price Qualifies as Below OP

The seller originally purchased this apartment for AED 1,500,000, as stated by the listing agent. The current asking price of AED 1,400,000 produces a saving of AED 100,000, equivalent to a 6.7% reduction.

The stated OP is closely corroborated by a separate Dubizzle listing for a nearly identical unit in the same building: a 657 sqft 1BR with pool view in Park Lane Building 1A, listed at AED 1,570,000 with a stated OP of AED 1,511,888 plus 4% DLD. The AED 11,888 difference between the two OPs is consistent with minor floor or facing variations within the same building.

Current 1BR resale listings for the same 658 sqft layout in Park Lane range from AED 1,400,000 to AED 1,900,000. A Building 1B listing at 659 sqft is at AED 1,650,000. At AED 1,400,000, this unit is at the bottom of the resale range and matches the Emaar developer starting price for Park Lane 1BR apartments.

The seller has fully paid the developer with no outstanding instalments. The buyer acquires the unit without taking over any payment plan. Approximately AED 900,000 in cash is needed to complete the transaction. Buyers should confirm the transaction structure and verify the OP against the seller's SPA.

About Park Lane Interiors by Vida

Park Lane is a residential development by Emaar Properties (DLD: DUBAI HILLS ESTATE L.L.C) in Dubai Hills Estate, featuring interiors designed by Vida Hotels and Resorts. The project offers 1, 2 and 3-bedroom apartments and 3-bedroom townhouses with contemporary Vida-branded finishes, natural material palettes, floor-to-ceiling windows and private balconies. The development is designed to blend serene green surroundings with modern urban elegance.

Building 1A is part of the first phase, with an 80/20 payment plan and handover expected Q4 2028. The property is freehold.

Amenities

Residents have access to an infinity pool and deck, fully equipped gymnasium, children's play area, landscaped podium deck, walking and cycling tracks, direct access to Dubai Hills Park and proximity to Dubai Hills Mall. The building includes covered parking, 24-hour security and concierge services.

Location and Connectivity

Park Lane is situated within Dubai Hills Estate, one of Dubai's premier master communities. Dubai Hills Mall is approximately 4 minutes away, Dubai Mall approximately 10 minutes, Burj Khalifa approximately 10 minutes, JBR Beach approximately 15 minutes and Dubai International Airport approximately 25 minutes by car. The community offers direct access to Al Khail Road and Sheikh Zayed Road.

Verification Notes

The asking price of AED 1,400,000, original purchase price of AED 1,500,000, 1 bedroom, 658 sqft, Vida interiors, no developer debt, approximately AED 900K cash needed and 10-month completion estimate are sourced from the agent brief dated 18 September 2026. The 1 bathroom, 1 parking space and 72 sqft balcony are from comparable listings for the same layout. The price per square foot of AED 2,128 and savings of AED 100,000 (6.7%) are calculated.

The OP is corroborated by the Dubizzle listing showing OP AED 1,511,888 for a 657 sqft unit in the same building. The agent's 10-month completion estimate does not align with the Q4 2028 handover shown across all portal listings; buyers should confirm with Emaar. This listing is classified as a draft. No images have been supplied; actual photography or renders are required before publication.