Property Overview
A 5-bedroom plus maid townhouse in Damac Sun City, part of the DAMAC Islands master community by DAMAC Properties. The asking price is AED 3,200,000 for 3,324 sqft of built-up area on a 2,364 sqft plot, equalling AED 963 per sqft. The seller originally paid AED 3,760,000 plus AED 150,400 in DLD transfer fees, for a total investment of AED 3,910,400. This asking price represents a saving of AED 710,400 (18.2%).
Property Highlights
- Type: 5-bedroom + maid townhouse
- Built-up area: 3,324 sqft
- Plot size: 2,364 sqft
- Asking price: AED 3,200,000
- Original price (OP): AED 3,760,000
- DLD fee paid: AED 150,400 (4%)
- Total seller investment: AED 3,910,400
- Saving: AED 710,400 (18.2%)
- Rate: AED 963 per sqft (BUA)
- Payment plan: 20/55/25
- Handover: Q1 2028
Why the Price Qualifies as OP + DLD Covered
The agent states the original purchase price was AED 3,760,000 and the DLD transfer fee was paid separately. The 4% DLD fee on AED 3,760,000 equals AED 150,400, bringing the total investment to AED 3,910,400. At AED 3,200,000, the seller loses AED 560,000 on the purchase price and forfeits the entire AED 150,400 DLD fee. The agent notes the owner will accept AED 3,000,000 for a quick sale, though the listed price is AED 3,200,000.
DLD Transaction Context
Five DLD-recorded 5BR transactions for Damac Sun City span from January to October 2026:
- AED 2,900,000 (October 2026)
- AED 3,125,000 (July 2026)
- AED 3,606,000 (June 2026)
- AED 3,970,000 (February 2026)
- AED 3,900,000 (January 2026)
These are off-plan registrations reflecting primary developer-to-buyer transactions at various sizes from 2,306 to 3,352 sqft. The asking price of AED 3,200,000 for 3,324 sqft falls within the recorded range.
About Damac Sun City
Damac Sun City is a townhouse subcommunity within DAMAC Islands (formerly DAMAC Lagoons), a master-planned freehold development by DAMAC Properties in Dubailand. The community offers 4-bedroom and 5-bedroom townhouses. The project is sold out from the developer.
Amenities and Facilities
DAMAC Islands features a crystal lagoon, artificial beach, aqua park, aqua dome underwater restaurant, yoga decks, spa, landscaped gardens and retail outlets. Damac Sun City residents have access to all master community amenities.
Payment Structure
The developer payment plan is structured as 20% during construction, 55% on handover and 25% post-handover. Buyers should confirm the remaining payment schedule and any instalments already paid by the seller.
Verification Notes
The asking price, original purchase price, BUA, plot size and distress motivation are from the agent brief. The DLD fee of AED 150,400 is calculated at the standard 4% rate on the stated OP. The 18.2% saving and AED 963 per sqft are calculated figures. Buyers should request the original SPA and DLD receipt to confirm the stated figures.