Distress Property, For Sale, Ready for Handover, Vacant

4BR | Jadeel, Madinat Jumeirah Living | Burj Al Arab View | Ready | AED 9.6M

Meraas

Madinat Jumeirah Living, United Arab Emirates

Bedrooms

4

Down Payment

9600000

Handover Date

Ready - Immediate
aed 9,600,000
Request_call
Description

Property Overview

4-Bedroom Apartment in Jadeel, Madinat Jumeirah Living — Burj Al Arab View | Ready & Vacant

This is a rare fully upgraded 4-bedroom apartment in Jadeel, one of the most coveted residential buildings in Madinat Jumeirah Living (MJL). Positioned on the front row of the community, the unit offers uninterrupted views of the Burj Al Arab and the Arabian Gulf — an icon of Dubai that never loses its appeal to tenants, end-users, and international investors alike.

The property is ready, vacant, and fully paid — no mortgage, no outstanding developer payments, no encumbrances. The seller has completed premium upgrades throughout, making this a true move-in-ready opportunity. At AED 9.6M, the price represents a AED 1,741,200 saving against the total original purchase cost of AED 11,341,200 (OP + DLD). The seller is motivated and the discount is genuine.

Key Deal Metrics

Metric Value
Original Price (Developer) AED 10,905,000
OP + DLD (Total Original Cost) AED 11,341,200
Selling Price AED 9,600,000
Total Saving vs Original Cost AED 1,741,200 (15.3%)
Bedrooms 4 + Maid’s Room
Size 2,645 sqft
View Burj Al Arab + Arabian Gulf
Status Ready, Vacant, Fully Paid
Condition Upgraded — Premium Finishes

Why This Deal Stands Out

15.3% Below Total Original Cost: The seller paid AED 10,905,000 to the developer plus 4% DLD registration (AED 436,200), for a total outlay of AED 11,341,200. At AED 9.6M, the buyer saves AED 1,741,200 — a genuine below-cost distress exit, not a “discount” inflated from an unrealistic asking price.

Front-Row Burj Al Arab View: Jadeel occupies one of the most privileged positions in MJL — the front row with direct, unobstructed views of the Burj Al Arab and the open Arabian Gulf. This view category commands the highest premiums in MJL and consistently outperforms inner-facing units on both rental rates and resale values.

Ready, Vacant, Fully Paid: This is the ideal transaction profile. No construction risk. No waiting for handover. No developer payment plan to take over. No existing mortgage to clear. No tenant to evict. The buyer pays, the title deed transfers, and the keys are handed over. Clean, simple, fast.

Premium Upgrades Already Done: The seller has invested in upgraded flooring, custom joinery, designer lighting, and premium kitchen and bathroom fittings. These upgrades would cost AED 300,000-500,000 to replicate — and they are included in the AED 9.6M price. The buyer avoids months of renovation and contractor management.

Madinat Jumeirah Living — Dubai’s Most Coveted Address: MJL is not just a residential community — it is part of the Madinat Jumeirah resort ecosystem. Residents have direct access to Souk Madinat Jumeirah (25+ restaurants, boutique retail, amphitheater), the Madinat Jumeirah private beach, and the waterways and abras that define the resort experience. No other freehold community in Dubai offers this level of integrated lifestyle.

About Jadeel — Building Profile

Jadeel is one of the flagship residential buildings within MJL Phase 1. Developed by Dubai Holding, the building exemplifies the community’s architectural philosophy: low-rise elegance with Arabian design cues, positioned to maximize sea and Burj Al Arab views.

  • Architecture: Contemporary Arabian design with mashrabiya-inspired facade elements, expansive windows, and generously proportioned balconies
  • Lobby: Elegant arrival lobby with 24-hour concierge and security desk
  • Pool: Temperature-controlled swimming pool with sea views
  • Gym: Fully equipped gymnasium with cardio and strength training zones
  • Parking: Covered basement parking with dedicated bays per apartment
  • Children’s Facilities: Dedicated children’s play area and splash pool
  • Landscaping: Mature landscaped gardens connecting to the broader MJL network of walkways and water features
  • Security: 24/7 gated security with CCTV and access control

Madinat Jumeirah Living — Community Overview

Madinat Jumeirah Living is Dubai Holding’s flagship freehold residential community, uniquely integrated into the Madinat Jumeirah resort complex. Spanning a prime stretch of coastline in Umm Suqeim, MJL offers residents a lifestyle that no other Dubai community can replicate: resort living with freehold ownership rights.

What Makes MJL Different:

  • Direct Souk Access: Residents walk directly into Souk Madinat Jumeirah — 25+ restaurants, boutique shops, art galleries, and the Madinat Theatre
  • Private Beach: MJL residents have access to the Madinat Jumeirah private beach, a pristine stretch of the Jumeirah coastline
  • Resort Integration: The community is physically connected to Jumeirah Al Qasr, Jumeirah Mina A’Salam, and Jumeirah Al Naseem hotels — all accessible via the traditional abra waterway network
  • Proven Developer: Dubai Holding has delivered all MJL Phase 1 buildings (Jadeel, Al Jazi, Lamtara, Asayel, Rahaal) on schedule
  • Freehold: Unlike much of the Jumeirah coastline which is leasehold or GCC-only, MJL is designated freehold for all nationalities

Key Connectivity:

  • Burj Al Arab — 2 minutes (walking distance)
  • Jumeirah Beach — 3 minutes
  • Mall of the Emirates — 8 minutes
  • Dubai Marina — 12 minutes via Jumeirah Beach Road
  • Palm Jumeirah — 15 minutes
  • DIFC — 18 minutes
  • DXB Airport — 25 minutes

Investment Analysis

Metric Estimate
Purchase Price AED 9,600,000
Expected Rental (annual) AED 550,000 — 650,000
Gross Rental Yield 5.7% — 6.8%
Service Charges (est. AED 18/sqft x 2,645) ~AED 47,610/year
Net Rental Yield (after service charges) 5.2% — 6.3%
Comparable Market Value (similar MJL 4BRs) AED 11M — 13M
Instant Equity at Transfer AED 1.4M — 3.4M

MJL properties have demonstrated consistent capital appreciation since the Phase 1 handovers began. The combination of limited supply (MJL is a finite, built-out community), iconic location, and the Burj Al Arab view premium creates a natural floor under property values. Similar 4-bedroom units in Jadeel with Burj Al Arab views have transacted in the AED 11-13M range on the open market. At AED 9.6M, this unit is priced well below comparable recent transactions.

The rental market for premium 4-bedroom units in MJL is driven by senior executives, family offices, and ultra-high-net-worth individuals who want resort-integrated living without the commitment of hotel-branded residences. Typical tenants include C-suite executives at multinational corporations, family business owners from the GCC, and European seasonal residents. Vacancy risk is minimal — MJL consistently maintains near-full occupancy across its delivered buildings.

Transaction Details

Stage Details
Property Status Ready, Vacant — Immediate Occupation
Payment Status Fully Paid — No Developer Obligations
Mortgage None — Clean Title Deed
Transfer Process Standard DLD Trustee Office Transfer
DLD Transfer Fee 4% of Sale Price (AED 384,000)
Closing Timeline 14-30 Days (Cash Buyer) / 30-45 Days (Mortgage)

The seller is ready to transfer immediately. For a cash buyer, the entire process — MOU, manager’s cheque, DLD transfer — can be completed within two weeks. This is one of the cleanest transaction profiles available in the premium Dubai market.

Frequently Asked Questions

What view does this apartment have?

Full, unobstructed Burj Al Arab and Arabian Gulf sea views. Jadeel’s front-row position ensures no future construction can block the sightline — the view corridor is protected by the Madinat Jumeirah resort and the coastline.

Is Madinat Jumeirah Living freehold?

Yes. MJL was designated freehold by Dubai Land Department for all nationalities. This is significant because much of the surrounding Jumeirah/Umm Suqeim area is restricted to GCC nationals or leasehold only. MJL is one of the few ways to own freehold property with a Jumeirah address.

What upgrades have been done to this unit?

The seller has completed premium upgrades including engineered hardwood flooring throughout, custom-built wardrobes and joinery, designer lighting fixtures, upgraded kitchen countertops and backsplash, premium bathroom fittings and marble vanities, and motorized window treatments. These upgrades were completed post-handover and are in excellent condition.

Can I get a mortgage on this property?

Yes. Since the property is ready, fully paid, and has a clean title deed, it qualifies for standard mortgage financing. UAE residents can typically access up to 80% LTV. Non-residents can access 50-60% LTV depending on the bank and country of residence. A mortgage valuation would likely come in at AED 11-13M based on comparable Jadeel transactions, meaning strong LTV coverage on the AED 9.6M purchase price.

What are the service charges?

Approximately AED 18 per sqft annually (RERA-regulated). At 2,645 sqft, expect around AED 47,610 per year. This covers building maintenance, security, concierge, pool and gym maintenance, common area utilities, and landscaping. MJL service charges are consistent with premium Jumeirah communities and are managed by Dubai Holding’s community management arm.

How does MJL compare to other premium Dubai communities?

MJL is unique because it is a resort-integrated freehold community. Communities like Emirates Hills and Palm Jumeirah offer luxury but without direct resort access. Downtown Dubai offers urban living but without the beach. Jumeirah Bay Island offers exclusivity but at significantly higher prices. MJL sits at the intersection of luxury, lifestyle, and value — and at AED 9.6M, this unit is priced below comparable properties in all competing premium communities.

Is the price negotiable?

The seller has indicated AED 9.6M as the target price. Given the AED 1.74M discount to total original cost and the upgraded condition of the unit, this represents strong value. Serious offers will be considered, especially from buyers who can demonstrate proof of funds and a 14-30 day closing capability.

What is the rental potential?

4-bedroom apartments in MJL with Burj Al Arab views rent for AED 550,000-650,000 annually, depending on furnishing and upgrade level. This unit’s premium upgrades support the upper end of that range. The tenant pool is exclusively high-net-worth — corporate executives, family offices, and seasonal residents who value the resort integration and iconic views.

Contact Distress Property Finder for a private viewing, to review the title deed, or to submit an offer. This is a ready, vacant, fully paid property — transfer can be completed within two weeks for a cash buyer.

Floor Plan

4BR + Maid — 2,645 sqft

  • Living/Dining: Expansive open-plan area with floor-to-ceiling windows framing the Burj Al Arab
  • Kitchen: Closed kitchen with upgraded countertops and integrated appliances
  • Master Bedroom: En-suite with walk-in closet, sea views
  • Three Additional Bedrooms: All with built-in wardrobes and en-suite bathrooms
  • Maid's Room: Separate with own bathroom
  • Balcony: Large balcony spanning living area — direct Burj Al Arab views

Payment_Plan

MilestonePayment%
Down_Payment9600000

Features

24x7 Security
24x7 Security
Balcony
Balcony
Burj Al Arab View
Burj Al Arab View
Covered Parking
Covered Parking
Full Sea View
Full Sea View
Gym
Gym
kids play area
kids play area
Maid's Room
Maid's Room
Outdoor cinema
Outdoor cinema
Parking Area
Parking Area
RESTAURANTS
RESTAURANTS
RETAIL OUTLETS
RETAIL OUTLETS
Sea View
Sea View
Swimming Pool
Swimming Pool

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