5 Bed Corner Palace Villa at Ostra, The Oasis – Lagoon View, Below Original Price

Property Overview

This five-bedroom corner villa at Palace Villas Ostra, The Oasis by Emaar, is an off-plan resale offered at AED 19,800,000 for 10,363 sq ft. The agent describes it as an urgent sale with a lagoon view. The stated original purchase price is AED 20,300,000, so the asking price is AED 500,000 (2.5%) below OP. Handover is stated for Q3 2029.

Property Highlights

• Asking price: AED 19,800,000
• Original purchase price (agent-stated): AED 20,300,000
• Saving versus OP: AED 500,000 (2.5%)
• Built-up area: 10,363 sq ft
• Rate: approximately AED 1,911 per sq ft
• Position: corner unit with lagoon view (agent-stated)
• Seller: urgent sale (agent-stated)
• Handover (agent-stated): Q3 2029

Why the Price Qualifies as Below OP

The benchmark is the seller's original purchase price of AED 20,300,000, from the agent brief received on 14 October 2026. The asking price of AED 19,800,000 is AED 500,000 lower, equal to 2.5% of OP. Dividing the asking price by 10,363 sq ft gives about AED 1,911 per sq ft.

This is a modest discount relative to the villa's price, and it compares the price only with the seller's own purchase price. It is not a claim that the villa is below current market value. Confirm the original price in the SPA before making an offer.

About the Project, Developer and Community

Palace Villas Ostra is a branded villa collection by Emaar Properties within The Oasis, a waterfront master community with a swimmable lagoon, beaches and extensive open space. The collection offers four-, five- and six-bedroom villas, from about 7,268 sq ft to nearly 13,000 sq ft. The Palace name brings a hospitality-led identity to the homes. Community amenities include swimming pools, pocket parks, playgrounds, jogging and cycling tracks, wellness and spa facilities, sports courts, retail, schools and a clubhouse.

Layout and Plot

The agent describes a five-bedroom corner villa of 10,363 sq ft with a lagoon view. The plot size, bathroom count, parking and the villa's exact orientation towards the lagoon have not been supplied. They should be confirmed from the SPA, floor plans and the cluster masterplan.

Payment Plan and Handover

The agent gives handover as Q3 2029, which matches the published delivery for Palace Villas Ostra. The collection was launched on a plan of 10% on booking, 70% during construction and 20% on handover. The amount the seller has already paid was not supplied, so obtain Emaar's statement of account to see the outstanding balance and the instalment dates.

Location and Connectivity

The Oasis lies in southern Dubai, with access towards Dubai Hills Estate, Al Maktoum International Airport and Dubai Marina via the city's main southern roads. Exact travel times depend on the route and time of day and have not been verified for this listing.

Verification Notes

• Agent-supplied facts: project, bedrooms, built-up area, corner position, lagoon view, urgent sale, Q3 2029 handover, asking price and original price. The brief names the project "Astra Palace Villa"; DPF has matched it to Palace Villas Ostra.
• DPF-calculated figures: saving amount, saving percentage and price per sq ft.
• External research: branding, villa range and sizes, launch payment plan, handover date and community amenities, from a secondary property portal rather than an official Emaar page.
• Not supplied: plot size, amount paid, bathrooms, parking, unit number and service charge.