1 Bedroom Apartment in Society House, Downtown Dubai, Canal and Pool View, 6.9% Below OP Plus DLD

1-Bedroom Apartment Society House Downtown Dubai — Distress Deal Apartment In At
1-Bedroom Apartment Society House Downtown Dubai. Distress Deal Apartment In At.

AED 1,950,000 was AED 2,094,383

Deal typeOP + DLD Covered
PriceAED 1,950,000
Original priceAED 2,094,383
SavingAED 144,383 (6.9%)
Bedrooms1
Size727 sq.ft
TypeApartment
StatusOff-Plan
HandoverQ3 2026
DeveloperInvest Group Overseas (IGO)
Area / Master developmentDowntown Dubai
Sub-community / PhaseSociety House
CommunityDowntown Dubai

Property Overview

This 1-bedroom apartment with canal and pool view in Society House, Downtown Dubai, is offered at AED 1,950,000, which is AED 144,383 below the combined original purchase price plus DLD fees of AED 2,094,383, a reduction of 6.9%. The apartment spans 727 sqft with a balcony. Published IGO timelines indicate handover in Q3 2026, which is the current quarter as of this listing's preparation date.

Property Highlights

  • 1-bedroom apartment, 727 sqft
  • Canal and pool view with balcony
  • Furnished with smart home technology (Alexa)
  • Asking price: AED 1,950,000
  • Original purchase price plus DLD: AED 2,094,383
  • Saving: AED 144,383 (6.9% below OP+DLD)
  • Rate: AED 2,682 per sqft
  • Handover: Q3 2026 (current quarter)
  • Developer: Invest Group Overseas (IGO)

Why This Price Qualifies as OP + DLD Covered

The seller's combined acquisition cost, including the original purchase price and the Dubai Land Department registration fee, is stated as AED 2,094,383. The current asking price of AED 1,950,000 is AED 144,383 below this combined benchmark, equivalent to 6.9%. This means the buyer acquires the apartment for less than the seller's total outlay including government fees.

At the asking price, the rate per square foot is AED 2,682. Buyers should verify the original SPA and DLD receipt directly before proceeding.

Handover Status

The agent brief states handover in Q3 2026. Published IGO timelines indicate Q2 to Q3 2026 for the project. As this listing is prepared in September 2026, the project should be at or near the handover stage. Buyers should confirm the exact completion status, whether the building has received its completion certificate, and the occupancy readiness with the developer.

About Society House

Society House is a 52-storey luxury residential tower by Invest Group Overseas (IGO) in Downtown Dubai. The tower is located on Umniyati Street and comprises 404 fully and semi-furnished units including studios and 1 to 3-bedroom apartments, 2-bedroom duplexes and 3-bedroom penthouses. Units range from 354 to 7,090 sqft. The interiors feature marble, brass and gold elements, with all apartments equipped with smart home technology powered by Alexa.

Amenities include four vertical gardens, a golf simulator, a private cinema, a residents' lounge, serviced office space, padel courts, an 82-foot lap pool, an outdoor CrossFit box, a children's playground, and an outdoor horizon deck with bar area. IGO is the development arm of Invest Group Overseas LLC, connected to the MAG Group.

Location and Connectivity

Society House sits on Umniyati Street in Downtown Dubai, adjacent to the Dubai Water Canal. The tower is within walking distance of Burj Khalifa, Dubai Mall, Dubai Opera and the Dubai Fountain. The Burj Khalifa/Dubai Mall Metro station on the Red Line is nearby. The area provides road access to Sheikh Zayed Road, Al Khail Road and Financial Centre Road. Buyers should verify specific travel times independently.

Verification Notes

The asking price, combined OP+DLD benchmark, built-up area, canal and pool view, balcony and handover timeline are sourced from the agent brief received in September 2026. The savings calculation of AED 144,383 (6.9%) is derived from the difference between the stated OP+DLD figure and the asking price. The price per square foot of AED 2,682 is calculated from the asking price and stated built-up area. Published IGO timelines indicate Q2 to Q3 2026 handover. Project and community details are drawn from IGO and secondary market sources. Buyers should independently confirm all figures, including the original SPA, DLD receipt, payment history, any remaining balance, and the current handover status, with the developer before committing.

Frequently asked questions

What is the asking price for this 1-bedroom in Society House?

The asking price is AED 1,950,000 for a 727 sqft 1-bedroom apartment with canal and pool view and balcony in Society House, Downtown Dubai.

How much below OP+DLD is this apartment?

The unit is offered at AED 144,383 below the combined original purchase price plus DLD fees of AED 2,094,383, a reduction of 6.9%.

What does OP+DLD covered mean?

The benchmark of AED 2,094,383 includes both the original purchase price and the Dubai Land Department registration fee. At AED 1,950,000, the buyer pays less than the seller's total acquisition cost including government fees.

What is the price per square foot?

At AED 1,950,000 for 727 sqft, the rate is approximately AED 2,682 per square foot.

Is this property ready?

Published IGO timelines indicate handover in Q2 to Q3 2026. As of September 2026, the project should be at or near handover. Buyers should confirm the exact handover status and occupancy readiness with the developer.

Where is Society House located?

Society House is a 52-storey residential tower by Invest Group Overseas (IGO) on Umniyati Street in Downtown Dubai, near the Dubai Water Canal and within walking distance of Burj Khalifa and Dubai Mall.

What amenities does Society House offer?

Society House features four vertical gardens, a golf simulator, a private cinema, residents' lounge, padel courts, an 82-foot lap pool, an outdoor CrossFit box, children's playground, outdoor horizon deck, bar area and smart home technology powered by Alexa.

How can buyers verify this deal?

Buyers should request the seller's original SPA and DLD receipt to confirm the combined acquisition cost of AED 2,094,383, verify the payment history and any remaining balance, and confirm the handover status with IGO before committing.

Buyer costs

What you will pay

Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.

AED
Sale price
DLD transfer fee
NOC fee
Trustee / registration
Agency fee
VAT on agency (5%)

Total cost

Full payment schedule and unit details are released to qualified buyers on enquiry.

Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.

Finance

Mortgage estimate

Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.

AED
Down payment
Loan amount
Total interest
Total repaid

Monthly payment

Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.

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