Vacant 5-Bedroom Villa with Elevator in District One Phase 3B, MBR City – Distress Sale

Property Overview

This vacant 5-bedroom villa with maid's and driver's rooms in District One Villas Phase 3B, Mohammed Bin Rashid City, is offered as a distress sale at AED 23,000,000. It has a built-up area of 6,833 sq ft on an 8,052 sq ft plot, a private elevator and parking, working out to approximately AED 3,366 per sq ft of built-up area.

Property Highlights

• Asking price: AED 23,000,000
• Built-up area: 6,833 sq ft
• Plot size: 8,052 sq ft
• Price per sq ft (BUA): approx. AED 3,366
• Bedrooms: 5 plus maid's room and driver's room
• Elevator: yes (agent-stated)
• Parking: yes (agent-stated)
• Occupancy: vacant
• Phase: District One Villas Phase 3B

Price Basis

The agent describes this as a distress sale at AED 23,000,000. The brief does not include the seller's original purchase price, a DLD transaction or dated market comparables, so DPF has not calculated a discount and does not claim that the price is below the original price or below market. Dividing the asking price by the 6,833 sq ft built-up area gives approximately AED 3,366 per sq ft, which buyers can compare against recent District One villa transactions.

The brief does not say whether the seller covers the Dubai Land Department transfer fee. At the standard 4% rate, that fee would be about AED 920,000 on the asking price, plus trustee and other transaction costs.

About the Project, Developer and Community

District One is a low-density villa community in Mohammed Bin Rashid Al Maktoum City, developed by Meydan Sobha, a partnership between Meydan Group and Sobha Group. The master plan is built around a 7 km crystal lagoon with a beachfront and a 14 km boardwalk for walking and non-motorised water sports. The community offers large freehold villas on generous plots, and the earlier villa phases were scheduled for handover between 2016 and 2018.

Layout and Plot

The agent reports five bedrooms plus maid's and driver's rooms, an elevator and parking, on an 8,052 sq ft plot. Bathroom count, pool, orientation, view, furnishing and the number of parking spaces were not supplied and should be confirmed at viewing and from the title deed.

Location and Connectivity

District One sits in Mohammed Bin Rashid City, close to Meydan and Downtown Dubai, with road access from Al Khail Road and Meydan Road. Actual travel times depend on traffic and route.

Verification Notes

• Agent-supplied facts: phase, bedrooms, maid's and driver's rooms, BUA, plot, elevator, parking, vacancy, distress status and asking price.
• Calculated by DPF: price per sq ft and indicative 4% DLD fee.
• External research: community and developer facts from published District One launch coverage.
• Not supplied: original purchase price or market benchmark. Not verified: availability, condition and layout. Confirm against the title deed and at viewing before any payment.