2 Bedroom Park View Apartment in Club Drive, Dubai Hills Estate, 12.9% Below OP

Property Overview

This two-bedroom off-plan apartment in Club Drive, Dubai Hills Estate, is offered as a distress resale at AED 2,300,000 against an agent-stated original purchase price of AED 2,642,000, which is AED 342,000 or 12.9% below OP. The unit measures 100.8 sq m (about 1,085 sq ft) with a park view. The agent states the building is about 75% complete, with handover expected in Q1 2028.

Property Highlights

• Property type: Apartment
• Bedrooms: 2
• Built-up area: 100.8 sq m (approx. 1,085 sq ft)
• Asking price: AED 2,300,000
• Original purchase price: AED 2,642,000 (agent-stated)
• Saving vs OP: AED 342,000 (12.9%)
• Price per sq ft: approx. AED 2,120 (calculated)
• View: Park (agent-stated)
• Construction: About 75% complete (agent-stated)
• Handover: Q1 2028 (agent-stated)
• Developer: Emaar Properties

Why the Price Qualifies as Below OP

The agent states an original purchase price of AED 2,642,000 and an asking price of AED 2,300,000. The difference is AED 342,000, which is 12.9% of the original price, in line with the agent's description of 13% below OP.

Calculation

• AED 2,642,000 minus AED 2,300,000 = AED 342,000
• AED 342,000 / AED 2,642,000 = 12.9% below OP
• 100.8 sq m × 10.7639 = approx. 1,085 sq ft
• AED 2,300,000 / 1,085 sq ft = approx. AED 2,120 per sq ft

The original price comes from the agent's resale brief. DPF has not reviewed the seller's SPA.

About the Project, Developer and Community

Club Drive is an Emaar Properties residential project in Dubai Hills Estate, the master-planned community between Al Khail Road and Umm Suqeim Street built around Dubai Hills Park, an 18-hole championship golf course and Dubai Hills Mall.

Layout and View

The agent confirms a two-bedroom layout of 100.8 sq m with a park view. The floor, bathroom count and parking were not supplied and should be confirmed from the SPA and floor plan.

Payment Plan and Handover

The agent states construction is about 75% complete and lists handover as Q1 2028. The payment plan and amount paid were not supplied. Buyers should confirm the remaining balance, instalment schedule, handover date and Emaar's resale NOC requirements against the seller's SPA.

Location and Connectivity

Dubai Hills Estate sits between Al Khail Road and Umm Suqeim Street, with road connections towards Downtown Dubai, Al Barsha, Dubai Marina and Business Bay. Travel times depend on traffic.

Verification Notes

• Agent-supplied facts: project, two bedrooms, 100.8 sq m BUA, OP AED 2,642,000, asking price AED 2,300,000, 13% stated discount, park view, 75% construction progress and Q1 2028 handover.
• Calculated by DPF: sq ft conversion, savings amount, savings percentage and price per sq ft.
• External context: developer and community overview.
• Not supplied: floor, bathrooms, parking, payment plan, amount paid and service charge.