2-Bedroom Sea-View Apartment in Volta by DAMAC, Downtown Dubai Below OP

Property Overview

This is a two-bedroom apartment in Volta by DAMAC, Downtown Dubai, offered as an off-plan resale at AED 2,800,000. The unit has a 1,426 sq ft built-up area on a floor between 10 and 20 with a sea view, which works out to about AED 1,964 per square foot. It is priced 16.8% below the agent-stated original price plus DLD of AED 3,364,400, with handover expected in Q1 2028.

Property Highlights

• Asking price: AED 2,800,000
• Agent-stated original price including DLD: AED 3,364,400
• Difference: AED 564,400, or 16.8% below that figure
• Implied base price before DLD: AED 3,235,000
• Built-up area: 1,426 sq ft
• Price per sq ft: approximately AED 1,964
• Bedrooms: 2
• Floor: between 10 and 20, as stated by the agent
• View: sea
• Expected handover: Q1 2028, as stated by the agent

Why the Price Qualifies as Below OP

The agent brief lists an original price of AED 3,364,400 and describes it as the original price plus DLD. The asking price is AED 564,400 lower, which is 16.8% below that combined figure and matches the agent's stated discount.

AED 3,364,400 divides exactly by 1.04, which indicates a base unit price of AED 3,235,000 plus a 4% DLD fee of AED 129,400. Measured against the base price alone, the asking price is AED 435,000, or 13.4%, lower. Buyers should confirm the base price, DLD amount and amount paid in the SPA and DAMAC statement of account.

About the Project, Developer and Community

Volta is a residential tower by DAMAC Properties in the Downtown Dubai area, close to Sheikh Zayed Road. Downtown Dubai is a central district around Burj Khalifa and The Dubai Mall, with access to the Dubai Metro. Buyers should confirm the tower's amenities and construction progress with DAMAC directly.

Layout, Floor and View

The agent confirms a two-bedroom apartment with a 1,426 sq ft built-up area on a floor between 10 and 20 and a sea view. The exact floor, bathroom count, parking and furnishing were not supplied. Sea views at this height depend on the tower's orientation and surrounding buildings, so confirm the view position from the floor plan.

Payment Plan and Handover

The agent states handover is expected in Q1 2028. The payment plan, amount already paid and remaining balance were not supplied. Ask for the DAMAC statement of account and confirm the completion date in the SPA.

Verification Notes

• Agent-supplied facts: building, bedrooms, built-up area, floor range, sea view, handover, original price including DLD and asking price.
• Calculated figures: the AED 564,400 difference, 16.8% discount, base price, DLD split, 13.4% base-price discount and AED 1,964 per sq ft are DPF calculations.
• Not supplied: exact floor, payment plan, amount paid, bathrooms, parking and unit number.