2 Bedroom in Verve Tower B, City Walk at 5.8% Below Original Price with Burj Al Arab Views

Property Overview

This 2-bedroom apartment in Verve Tower B, City Walk, is available as a distress resale at AED 3,600,000. The unit measures 1,270 sq ft with Burj Al Arab views. The asking price represents a saving of AED 223,040 (5.8%) against the agent-stated original purchase price of AED 3,823,040. When the seller's 4% DLD fee is factored in, the total loss to the seller exceeds AED 375,000. Handover is expected in Q1 2028 per the agent brief.

Property Highlights

• Type: 2-bedroom apartment
• Size: 1,270 sq ft
• View: Burj Al Arab
• Asking price: AED 3,600,000
• Original price: AED 3,823,040
• Saving from OP: AED 223,040 (5.8%)
• Seller's estimated total loss including DLD: approximately AED 375,962
• Rate: approximately AED 2,835 per sq ft
• Handover: Q1 2028 per agent (Q3 2028 per market listings)
• Status: off-plan resale

Why the Price Qualifies as Below OP

The agent states the original purchase price for this unit was AED 3,823,040. The current asking price of AED 3,600,000 is AED 223,040 lower, a reduction of 5.8% from the original contract value.

Two-Layer Loss Analysis

Layer 1 (Below OP): The asking price of AED 3,600,000 is AED 223,040 below the original purchase price of AED 3,823,040, a 5.8% loss on the purchase price alone.

Layer 2 (Below OP + DLD): The seller paid a 4% DLD transfer fee on the original purchase, estimated at approximately AED 152,922. Adding this to the original price gives an all-in cost of approximately AED 3,975,962. The asking price of AED 3,600,000 represents a total loss of approximately AED 375,962, or 9.5% of the seller's all-in investment.

The benchmark is the agent-stated original purchase price. Prospective buyers should request sight of the seller's Sale and Purchase Agreement to independently confirm the original contract value and the remaining payment obligations to Meraas.

About Verve at City Walk

Verve is a premium residential development by Meraas within City Walk, one of Dubai's most established lifestyle destinations in the Al Wasl district. The project includes Tower A and Tower B, offering contemporary apartments with luxury amenities and central city positioning. Apartments are designed with open-plan layouts, floor-to-ceiling windows, premium kitchen fittings, built-in wardrobes and private balconies.

Amenities

Verve Tower B offers residents an infinity swimming pool, a children's pool, a fully equipped gymnasium, landscaped podium gardens, children's play areas, outdoor lounge and social areas, BBQ spaces, yoga and wellness facilities, a multi-purpose community room, covered parking, high-speed elevators and round-the-clock security with concierge services. Retail and dining outlets are accessible at the podium level and throughout the surrounding City Walk precinct.

About City Walk

City Walk is a mixed-use urban lifestyle destination by Meraas in the Al Wasl district of Dubai. The community is known for its open-air retail boulevards, dining venues, entertainment attractions and premium residential developments. City Walk occupies a central position in Dubai with proximity to Downtown Dubai and the Burj Khalifa, DIFC, Jumeirah Beach, Dubai Canal and Sheikh Zayed Road.

The community's walkable streetscape, established retail and dining, and central location make it one of Dubai's most sought-after residential addresses for both owner-occupiers and investors.

Handover Date Note

The agent brief states handover in Q1 2028. Publicly listed resales for Verve Tower B on Dubizzle and Property Finder consistently show Q3 2028 as the expected handover date. Buyers should confirm the current handover schedule directly with Meraas or through the seller's contract documentation.

Verification Notes

Unit-specific facts including size, bedroom count, Burj Al Arab views, asking price and original purchase price are sourced from the agent's brief received on 24 September 2026. The agent frames the deal as below OP plus DLD, indicating the seller is absorbing both the purchase price shortfall and the DLD fee they paid. Project-level details including tower configuration, amenities, payment plan and City Walk community information are drawn from Dubizzle building listings and Property Finder project data. The agent-stated handover of Q1 2028 differs from market listings showing Q3 2028; this discrepancy is flagged. Bathroom count, floor level, parking and furnishing status were not stated in the brief and have been omitted. Comparable 2-bedroom units in Verve Tower B typically show 2 bathrooms; the agent should confirm.