Property Overview
A 5-bedroom signature villa in Sequoia at Masaar by Arada, located in Tilal City, Sharjah. The asking price is AED 6,400,000 for 6,474 sqft, equalling AED 989 per sqft. The original purchase price was AED 6,676,000, placing this unit at a 4.1% discount with a saving of AED 276,000. The villa includes a private pool and in-home elevator. Handover is expected in 3 to 4 months.
Important: Sharjah Property
This property is located in Sharjah, not Dubai. Masaar is in Tilal City, Sharjah, developed by Arada. Sharjah has a different property registration system and regulatory framework. Dubai Land Department (DLD) transaction data is not applicable.
Property Highlights
- Type: 5-bedroom signature villa
- Size: 6,474 sqft
- Asking price: AED 6,400,000
- Original price: AED 6,676,000
- Saving: AED 276,000 (4.1%)
- Rate: AED 989 per sqft
- Features: Private pool, in-home elevator
- Handover: 3-4 months (approximately Q1 2027)
- Payment: 60% due on handover
Why the Price Qualifies as Below OP
The agent states the original purchase price was AED 6,676,000. The asking price of AED 6,400,000 represents a saving of AED 276,000 or 4.1% below OP. The discount is modest but the agent characterizes this as a distress sale.
Market Context
A Property Finder listing for a comparable 5BR+Maid signature villa in Sequoia at 6,474 sqft shows an asking price of AED 6,199,999 with a stated OP of AED 7,200,000. This suggests multiple distress resales within Sequoia at various price points, with this listing positioned between the comparable's asking price and its stated OP.
Payment Consideration
The agent states 60% of the purchase price is due on handover. At the asking price of AED 6,400,000, this equals AED 3,840,000 due in 3 to 4 months. Buyers should confirm the exact handover date and prepare for this significant near-term payment obligation.
About Masaar Sequoia
Sequoia is a residential cluster within Masaar, a woodland-themed master-planned community by Arada in Tilal City, Sharjah. Masaar features over 50,000 trees, a continuous 5km cycling and jogging track, landscaped parks, outdoor yoga spaces, wellness zones and community centres. Signature villas in Sequoia include features such as floor-to-ceiling glass, private pools, elevators and smart home technology.
Location
Masaar is located in Tilal City, Sharjah, approximately 20 minutes from Dubai airports. The community is on the Sharjah-Dubai border with access to major highways.
Verification Notes
The asking price, original price, BUA, signature villa specification, private pool, elevator, handover timeline and 60% on-handover payment are from the agent brief. The 4.1% discount and AED 276,000 saving are calculated figures. This is a Sharjah property with no DLD data available. Buyers should verify the OP through the SPA and confirm the exact handover date and payment schedule.