2BR in Society House by IGO, Downtown Dubai at AED 3,900,000 - Below Market, High Floor, Zabeel View

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

AED 3,900,000

Deal typeBelow Market
PriceAED 3,900,000
Bedrooms2
Size1484 sq.ft
TypeApartment
StatusOff-Plan
DeveloperInvest Group Overseas
Area / Master developmentDowntown Dubai
Sub-community / PhaseSociety House
CommunityDowntown Dubai

Property Overview

A 2-bedroom apartment in Society House by Invest Group Overseas (IGO), Downtown Dubai at AED 3,900,000 for 1,484 sqft, equalling AED 2,628 per sqft. Distress deal. High floor with Zabeel view. Handover was scheduled Q3 2026; the building appears near or at completion as of October 2026.

Property Highlights

  • Type: 2-bedroom apartment
  • Size: 1,484 sqft
  • Asking price: AED 3,900,000
  • Original price: Not disclosed
  • Rate: AED 2,628 per sqft
  • Floor: High floor
  • View: Zabeel (park and skyline)
  • Handover: Q3 2026 (near or at completion)
  • Developer: Invest Group Overseas (IGO)

Below Market Analysis

No original purchase price is disclosed. The below market assessment is based on active listing comparisons.

Active 2BR Listings in Society House

  • AED 3,850,000 for 1,485 sqft (Homes 4 Life via Square Yards) = AED 2,593 per sqft
  • AED 3,900,000 for 1,484 sqft (this listing) = AED 2,628 per sqft
  • AED 4,000,000 for 1,485 sqft (Dubizzle, Livrichy) = AED 2,694 per sqft
  • AED 4,343,683 for 1,484 sqft (Sekenkoum via Square Yards) = AED 2,927 per sqft
  • AED 4,368,348 for 1,484 sqft (Sekenkoum via Square Yards) = AED 2,944 per sqft
  • AED 4,442,344 for 1,567 sqft (Properties Exchange) = AED 2,834 per sqft
  • AED 4,499,999 for 1,545 sqft (fam Properties, high floor, Dubai Creek and DIFC view) = AED 2,913 per sqft

The typical asking rate for 2BR units is AED 2,850 to AED 2,950 per sqft. At AED 2,628 per sqft, this listing is approximately 8% to 11% below that range. A high-floor Zabeel view should command a premium over lower floors, making the pricing more notable. However, one listing at AED 3,850,000 (AED 2,593 per sqft) is priced lower than this unit, so this is not the absolute lowest on market.

Launch Price Context

Society House 2BR units launched at approximately AED 3,900,000 for the smallest 1,169 sqft layout. Extrapolating the launch rate to 1,484 sqft would suggest an approximate launch price of AED 4,950,000. If the seller purchased at launch pricing, the discount from OP could be 21% or more. This is an estimate only; the actual OP for this unit is unknown.

Handover Status

The agent states Q3 2026 (July to September 2026). That window has now passed (it is October 2026). Sources give different dates: Q2 2026 (Bayut), Q3 2026 (Property Finder, Dubizzle, fam), September 2026 (Property Finder project page) and Q4 2026 (other sources). A Dubizzle listing updated 10 October 2026 marks a unit as Ready with a property age of 1 month. The building may be in the handover process. Buyers should verify: whether the Completion Certificate is issued, whether the seller has received a handover notice and completed final payments, and whether the unit can be inspected.

Zabeel View

Society House sits on Umniyati Street in the DIFC-facing portion of Downtown Dubai. A high-floor unit facing southwest would overlook Zabeel Park (a large public park with lakes and gardens), the Dubai Frame and the Zabeel area. Other orientations face Dubai Creek, DIFC towers or the Downtown skyline. Zabeel-facing units are typically less in demand than Burj Khalifa or fountain-facing units, which is consistent with the competitive pricing. Buyers should confirm the unit number and orientation.

About Society House

A 52-storey residential tower by Invest Group Overseas (IGO) in Downtown Dubai. Approximately 404 units across studios, 1BR, 2BR, 3BR and 2BR duplexes. Launched August 2023, with Phase 1 selling out. Located on Umniyati Street near DIFC. The building targets a younger professional demographic with extensive amenity programming: 25-metre lap pool, rooftop pool, two-floor gym, fitness studio, CrossFit area, padel and tennis courts, golf simulator, private cinema, residents lounge, business lounge, co-working spaces and a horizon deck. Retail and a supermarket on the ground floor. 508 parking spaces and 9 elevators.

Verification Notes

The asking price, size, high floor, Zabeel view and distress label are from the agent brief. The 1,484 sqft is confirmed within the 2BR range (1,169 to 1,923 sqft per Property Finder). No OP is disclosed. No DLD closed-sale data was found for this building. The below market positioning is based on active listing comparisons only. Handover status is unclear; Q3 2026 has passed but completion is not confirmed across all sources. Parking allocation should be verified (conflicting data shows 0 to 1 space). Remaining payment instalments and developer NOC requirements should be confirmed before purchase.

Frequently asked questions

Who is IGO?

Invest Group Overseas (IGO) is a Dubai-based investment and property development company founded by Dr Anas Kozbari. Society House appears to be IGO's first major residential project in Downtown Dubai. Devmark Group served as the master sales agent for the project launch.

Is Society House completed?

The agent states handover Q3 2026 (July to September 2026). As of October 2026, that window has passed. Some listings on Dubizzle mark the property as Ready with a property age of 1 month. Other sources still show Off-Plan or Under Construction. The building may be in the process of handing over units. Buyers should verify whether the Completion Certificate has been issued, whether handover notices have been sent and whether the seller's final payment instalments are cleared.

How does AED 3,900,000 compare to the market?

Active 2BR listings in Society House (approximately 1,484 to 1,567 sqft) are priced from AED 3,850,000 to AED 4,500,000. Two Sekenkoum listings at AED 4,343,683 and AED 4,368,348 represent the typical asking level (AED 2,927 to AED 2,944 per sqft). At AED 2,628 per sqft, this listing is 7% to 11% below the average asking rate. A Homes 4 Life listing at AED 3,850,000 for 1,485 sqft is AED 50,000 below this unit. Without DLD closed-sale data, the true market value is unknown.

What is the Zabeel view?

The tower sits on Umniyati Street in the DIFC-facing part of Downtown Dubai. Zabeel Park and Zabeel Palace are to the south and southwest. A high-floor unit facing that direction would see Zabeel Park, the Frame and potentially Zabeel Palace. Other unit orientations in Society House face Dubai Creek, DIFC and Burj Khalifa. The agent's Zabeel view claim is plausible but should be verified with the unit number and orientation.

What is Society House?

A 52-storey residential tower by Invest Group Overseas in Downtown Dubai. Approximately 404 units. Unit mix includes studios, 1BR, 2BR, 3BR and 2BR duplexes. Launched August 2023, with Phase 1 selling out quickly. Located on Umniyati Street with access to Financial Centre Road. Approximately 9 minutes from DIFC and 20 to 25 minutes on foot from Burj Khalifa and Dubai Mall. Amenities include 25m lap pool, rooftop pool, two-floor gym, padel and tennis courts, cinema, golf simulator, co-working space and retail with a supermarket.

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.

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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.

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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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