7-Bedroom Villa in Lavita, The Oasis by Emaar with Water View Below Original Price

Property Overview

This is a seven-bedroom villa in Lavita at The Oasis by Emaar, offered as an off-plan resale at AED 56,000,000. The agent describes a built-up area of more than 27,000 sq ft on a plot of more than 33,000 sq ft, with a water body view. The asking price is AED 2,600,000, or 4.4%, below the agent-stated original price of AED 58,600,000, and the agent reports that 40% has been paid.

Property Highlights

• Asking price: AED 56,000,000
• Agent-stated original purchase price: AED 58,600,000
• Difference: AED 2,600,000, or 4.4% below the stated original price
• Built-up area: 27,000+ sq ft, as stated by the agent
• Plot size: 33,000+ sq ft, as stated by the agent
• Price per sq ft (built-up): up to approximately AED 2,074, based on 27,000 sq ft
• Bedrooms: 7
• View: water body view
• Amount paid: 40%, as stated by the agent

Why the Price Qualifies as Below OP

The agent brief lists an original price of AED 58,600,000 and a selling price of AED 56,000,000. The difference is AED 2,600,000, and dividing that by the original price gives 4.4%, rounded to one decimal place.

The percentage is modest, but the absolute discount is substantial at this price level. Buyers should confirm the original price and the amount paid in the SPA and Emaar statement of account.

About the Project, Developer and Community

Lavita is a collection of large luxury villas by Emaar Properties within The Oasis, a master-planned community built around water features and landscaped lagoons. Buyers should confirm the current construction status, amenities and master plan with Emaar directly.

Layout, Plot and View

The agent states a built-up area of more than 27,000 sq ft and a plot of more than 33,000 sq ft. Because exact figures were not supplied, the price per square foot shown here uses the lower 27,000 sq ft figure and is therefore an upper estimate; the true rate will be lower if the built-up area is larger.

The agent describes the property as having the largest water body view. That is the agent's claim and has not been independently verified. Bathroom count, parking and furnishing were not supplied.

Payment Plan and Handover

The agent reports that 40% of the price has been paid. On the original price of AED 58,600,000, that would be about AED 23,440,000, but the exact amount, any outstanding installments and the expected handover date must be confirmed from the Emaar statement of account and SPA. No handover date was supplied with this brief.

Verification Notes

• Agent-supplied facts: project, bedrooms, built-up area, plot size, view, original price, asking price, 40% paid and urgency.
• Calculated figures: the AED 2,600,000 difference, 4.4% discount and approximate AED 2,074 per sq ft are DPF calculations from the agent's figures.
• Agent claims not verified by DPF: that the view is the largest water body view.
• Not supplied: exact built-up area and plot size, bathrooms, parking, handover date and unit number.