7-Bedroom Lanai Island East Mansion in Tilal Al Ghaf Below Original Price

Property Overview

This is a seven-bedroom mansion in Lanai Island East, Tilal Al Ghaf, offered off-plan at AED 68,000,000 against an agent-stated original purchase price of AED 68,500,000. It has a built-up area of 23,652 sq ft on a 23,221 sq ft plot, a basement, ground, first and roof level layout, a private pool and an agent-stated handover of April 2027.

Property Highlights

• Asking price: AED 68,000,000
• Original purchase price: AED 68,500,000 (agent-stated)
• Saving against OP: AED 500,000 (0.7%)
• Property type: Villa (mansion)
• Bedrooms: 7
• Built-up area: 23,652 sq ft
• Plot size: 23,221 sq ft
• Rate on built-up area: about AED 2,875 per sq ft
• Levels: Basement + Ground + First + Roof
• Private pool
• Handover: April 2027 (agent-stated)
• Developer: Majid Al Futtaim

Why the Price Qualifies as Below OP

The agent states an original purchase price of AED 68,500,000 and an asking price of AED 68,000,000. The difference is AED 500,000, which is 0.7% below the original price. The benchmark is the seller's purchase price as supplied in the agent's resale brief on 2 October 2026; DPF has not seen the SPA.

The discount is small in percentage terms. Its practical value is that a buyer enters at slightly under the seller's own cost on a launch-phase mansion, rather than paying a resale premium. The agent also reports the asking price was recently reduced to its current level. Confirm the OP, the amount paid to the developer and the remaining balance on the original SPA and the latest Majid Al Futtaim statement of account.

About Lanai Island, Majid Al Futtaim and Tilal Al Ghaf

Tilal Al Ghaf is a master-planned community by Majid Al Futtaim in Dubailand, built around a central swimmable lagoon, Lagoon Al Ghaf. Lanai Island is a limited collection of waterfront mansions on the lagoon, launched in October 2022 as the first phase of the community's island estates.

Launch material describes architecture by SAOTA and interiors by Kelly Hoppen, with seven- and eight-bedroom mansion types. Features described at launch include double-height living and dining spaces, a show kitchen, a home cinema, a spa and a roof deck, with optional basement and upper-level configurations. The exact specification of this mansion should be confirmed against its SPA and floor plans.

Layout, Levels and Pool

The agent describes the mansion as basement plus ground, first and roof levels (B+G+1+R) with a private pool. The built-up area is slightly larger than the plot, which is consistent with living space spread over several levels including a basement. The agent calls it a "hot lot"; DPF has not verified the plot position or waterfront frontage. Ask for the plot number, affection plan and floor plans to confirm the layout and lagoon exposure.

Payment Plan and Handover

The agent states handover in April 2027. The brief does not give the payment plan, the amount already paid or the outstanding balance. Confirm the construction progress, current handover date and remaining instalments with the developer before signing, and check any NOC or transfer fees that apply to off-plan resales in Tilal Al Ghaf.

Location and Connectivity

Tilal Al Ghaf sits on Hessa Street at its junction with Sheikh Mohammed Bin Zayed Road, between Al Barsha South and Arabian Ranches. DPF does not quote drive times; check the routes to schools, work and the airports that matter to you.

Verification Notes

• Agent-supplied: project, community, bedrooms, built-up area, plot size, OP, asking price, price reduction, levels, pool, handover and "hot lot" description.
• DPF-calculated: saving amount, saving percentage and price per square foot.
• External research: developer, launch date, design team and mansion types from a secondary launch report, not developer documents.
• Not supplied: payment plan, amount paid, plot number, bathrooms, parking and furnishing.