Four-Bedroom Apartment at The S Tower by Sobha, Al Sufouh — Priced Below Original Purchase Price

Property Overview

This is a brand-new four-bedroom apartment at The S Tower by Sobha Realty in Al Sufouh, with a full sea view and sunset outlook, only two apartments per floor and a private lift lobby. The 4,851 sqft unit is offered at AED 13,500,000, which is AED 1,900,000 (12.3%) below the seller-stated original purchase price of AED 15,400,000. It is listed as a distress sale below original price.

Property Highlights

• Type: 4-bedroom apartment
• Size: 4,851 sqft
• Asking price: AED 13,500,000
• Original purchase price (seller-stated): AED 15,400,000
• Saving vs. original price: AED 1,900,000 (12.3%)
• Rate: AED 2,783 per sqft
• View: full sea view with sunset (agent-stated)
• Layout: only two apartments per floor, private lift lobby (agent-stated)
• Condition: brand new (agent-stated)
• Developer: Sobha Realty
• Community: Al Sufouh

Why the Price Qualifies as Below OP

The classification uses the seller-stated original purchase price of AED 15,400,000 against the current asking price of AED 13,500,000, a difference of AED 1,900,000, or 12.3%. At 4,851 sqft the asking price is AED 2,783 per square foot. The benchmark is the original purchase price supplied in the brief; it is not a DLD transaction or a dated market comparison, and DPF has not independently verified it.

About the Project, Developer and Community

The S Tower is a luxury residential tower by Sobha Realty on Al Sufouh Road, near Palm Jumeirah, Dubai Internet and Media Cities and the tram network, with connectivity via Sheikh Zayed Road and Al Khail Road. The unit is stated to be brand new; buyers should confirm the completion and handover status with the developer. Project specifications should be confirmed against Sobha's official documentation.

Layout and View

The agent describes a 4,851 sqft four-bedroom with a full sea view and sunset outlook, on a floor with only two apartments and a private lift lobby. Exact floor level, layout, bathrooms, parking and orientation should be confirmed on the floor plan and in the Sale and Purchase Agreement.

Verification Notes

• Agent-supplied facts: 4-bedroom type, size (4,851 sqft), asking price (AED 13,500,000), original purchase price (AED 15,400,000), full sea view with sunset, two apartments per floor, private lift lobby, and brand-new condition.
• DPF-calculated figures: savings amount (AED 1,900,000), savings percentage (12.3%), and price per square foot (AED 2,783).
• External project research: The S Tower is confirmed as a Sobha Realty tower in Al Sufouh; some portals still tag it off-plan, while the agent states it is brand new — confirm the completion/handover status. Unit-specific facts were not independently verified.
• The original purchase price is a seller-stated benchmark and has not been checked against a DLD record.