Off-Plan 3-Bedroom Apartment in Como Residences, Palm Jumeirah – 10% Below OP

Property Overview

This is an off-plan three-bedroom apartment in the 02 series of Como Residences by Nakheel, Palm Jumeirah. It is offered as a distress resale at AED 27,799,000, which is AED 3,088,800 (10.0%) below the agent-stated original price of AED 30,887,800, for 5,990 sq ft of built-up area, about AED 4,641 per sq ft. The agent states an 80/20 payment plan.

Property Highlights

• Asking price: AED 27,799,000
• Original price (agent-stated): AED 30,887,800
• Saving: AED 3,088,800 (10.0%)
• Built-up area: 5,990 sq ft
• Price per sq ft: approximately AED 4,641
• Bedrooms: 3
• Unit series: 02
• Payment plan: 80/20 (agent-stated)
• Status: off-plan

Why the Price Qualifies as Below OP

The agent states an original price of AED 30,887,800. At AED 27,799,000, the asking price is AED 3,088,800 lower, a 10.0% discount on the original price. DPF calculated the rate as AED 4,641 per sq ft (AED 27,799,000 divided by 5,990 sq ft).

Confirm the original price against the seller's SPA and Oqood before committing.

About the Project, Developer and Community

Como Residences is a 71-storey residential tower by Nakheel on Palm Jumeirah, rising more than 300 metres, launched in 2023 with 76 residences of two to seven bedrooms, including a duplex penthouse. Nakheel describes 180- to 360-degree views of the Dubai skyline and the Arabian Sea from wraparound balconies.

Planned facilities include an elevated private sandy beach, a 25-metre lap pool, a rooftop infinity pool and 360-degree viewing deck, padel and squash courts, a gym, a spa and wellness centre, children's play areas, a residents' lounge, and valet and concierge services.

Layout, Floor and View

The agent states the apartment has three bedrooms, measures 5,990 sq ft and is in the 02 series. The brief does not give the floor, view, bathroom count or parking, so those are not listed.

Payment Plan and Handover

The agent states an 80/20 payment plan. The brief does not give the amount paid or the handover date. Confirm the paid amount, remaining instalments, Nakheel transfer requirements and the SPA handover date before signing.

Location and Connectivity

Como Residences sits on Palm Jumeirah, Nakheel's palm-shaped island community. DPF does not quote travel times.

Verification Notes

• Agent-supplied: price, original price, size, bedrooms, 02 series and 80/20 plan.
• DPF-calculated: saving, discount percentage and price per sq ft.
• External research: tower height, residence count, unit mix and amenities from Nakheel's launch announcement.
• Not supplied: floor, view, bathrooms, parking, amount paid and handover date.