This is a No Transfer of Ownership (NTO) distress deal. The seller has already paid 60% of the total Emaar payment plan, leaving approximately 40% of installments remaining until handover in May 2028. The buyer assumes the seller's existing plan position without a Dubai Land Department title transfer at this stage, meaning the standard 4% DLD transfer fee is not applicable immediately — a meaningful saving on total acquisition cost. The original purchase price inclusive of DLD fees was AED 3,376,763; the distress selling price is AED 3,050,000 — a saving of AED 326,763 (9.6% below OP+DLD). NTO transactions require Emaar's formal sub-sale consent and are subject to Emaar's applicable administrative and NOC fees. A full cost breakdown, remaining payment schedule, and NTO process guide are available on request. Independent legal and financial advice is strongly recommended.
| Milestone | Payment% |
|---|---|
| Down_Payment | On Request |