Ready 2 Bed + Study at Imperial Avenue, Downtown Dubai – Below Original Price

Property Overview

This ready two-bedroom-plus-study apartment at Imperial Avenue, Downtown Dubai, is offered at AED 3,100,000 for 1,501 sq ft. The agent describes it as a distressed sale and the unit as ready to move into. The stated original purchase price is AED 3,400,000, so the asking price is AED 300,000 (8.8%) below OP.

Property Highlights

• Asking price: AED 3,100,000
• Original purchase price (agent-stated): AED 3,400,000
• Saving versus OP: AED 300,000 (8.8%)
• Built-up area: 1,501 sq ft
• Rate: approximately AED 2,065 per sq ft
• Layout: 2 bedrooms plus study
• Status: ready to move (agent-stated)

Why the Price Qualifies as Below OP

The benchmark is the seller's original purchase price of AED 3,400,000, from the agent brief received on 14 October 2026. The asking price of AED 3,100,000 is AED 300,000 lower, equal to 8.8% of OP. Dividing the asking price by 1,501 sq ft gives about AED 2,065 per sq ft.

This comparison is with the seller's own purchase price only. It is not a claim that the unit is below current market value. Confirm the original price from the title deed or SPA before making an offer.

About the Project, Developer and Community

Imperial Avenue is a 46-storey residential tower on Burj Khalifa Boulevard, announced by Shapoorji Pallonji International Property Developers and built by Shapoorji Pallonji & Co. It rises to about 192 metres and holds around 424 apartments. Construction began in 2016 and the tower is recorded as completed in 2025. The surrounding area places residents close to Burj Khalifa, The Dubai Mall and the Dubai Opera district.

Layout, Floor and View

The agent describes a 1,501 sq ft two-bedroom apartment with a study, ready to move into. The floor, view, bathroom count, parking, furnishing and occupancy have not been supplied and should be confirmed with the agent and the title deed.

Payment and Transfer

As a ready resale, the purchase would normally proceed with a Form F (MOU), a developer NOC and transfer at the Dubai Land Department. Confirm that handover from the developer is complete and title has been issued, that no developer balance or mortgage remains, and the service charge.

Location and Connectivity

Burj Khalifa Boulevard links Downtown Dubai with Business Bay, with access to Sheikh Zayed Road, Al Khail Road and the Dubai Metro Red Line. Exact travel times depend on the route and time of day and have not been verified for this listing.

Verification Notes

• Agent-supplied facts: building, unit type, size, ready status, distressed sale, asking price and original price.
• DPF-calculated figures: saving amount, saving percentage and price per sq ft.
• External research: storey count, height, apartment count, developer, contractor and completion year, from the CTBUH Skyscraper Center.
• Location note: the agent places the tower in Downtown Dubai; the CTBUH database lists Burj Khalifa Boulevard, Business Bay.
• Not supplied: floor, view, bathrooms, parking, furnishing, occupancy, unit number and service charge.