Ref: AL-NASEEM-HUDAYRIAT-ABU-DHABI-6BR-VILLA-DISTRESS-001.
Hudayriyat Island, United Arab Emirates
Bedrooms
6Down Payment
Handover Date
This is a verified motivated-seller distress listing at Al Naseem by Abu Dhabi Housing Authority (ADHA) in Al Hudayriat Island. The seller is exiting at AED 0 (At Cost (OP + 4% DLD)) below the original purchase price of AED 10,712,500, handing the incoming buyer AED 1,359,000 in immediate paper equity versus the current secondary market value of AED 12,500,000. At AED 1,322/sqft, this 8,425 sqft 6BR enters the Al Hudayriat Island market at a price that is AED 161/sqft below the current Al Hudayriat Island resale comparable of AED 1,483/sqft — a built-in discount of 10.9% from the moment of signing. Al Hudayriat Island recorded 800 DLD-registered residential transactions in 2025, up 65% year-on-year, confirming the depth of buyer liquidity that supports any future disposal.
The unit is positioned on Ground Villa — Single Row at Al Naseem, delivering Direct Park Facing — Landscaped Green Parkland. Semi-Furnished specification means the buyer benefits from the flexibility to finish the unit to their own specification while capitalising on the seller discount. Handover is scheduled for Q4 2026, with 50% of the original purchase price already paid by the seller. The buyer assumes only the remaining 50% (AED 5,570,500) at Q4 2026 handover — providing cashflow planning runway of 12 or more months between transfer and final payment.
The seller’s exit is driven by a genuine personal liquidity need — not a change in market outlook, developer delivery risk or asset-specific concern. Having committed AED 5,570,500 (50% of the original price) in capital, the seller is crystallising a zero-profit exit rather than holding through the remaining construction period to the Q4 2026 handover. For the buyer, this is an entry at AED 1,322/sqft against a Al Hudayriat Island resale market of AED 1,483/sqft and new off-plan launches pricing at AED 1,400/sqft — a simultaneous discount to both current resale and future replacement cost that cannot be achieved through any direct developer channel in Al Hudayriat Island today.
The transfer process works via a Abu Dhabi Housing Authority (ADHA)-approved novation: the seller is legally replaced on the original SPA by the new buyer with the developer’s written consent. The seller first obtains a No Objection Certificate from Abu Dhabi Housing Authority (ADHA) confirming no arrears or disputes; both parties execute an MOU with a 10% escrow deposit of AED 1,114,100; Abu Dhabi Housing Authority (ADHA), the seller and the buyer sign the novation SPA; the buyer registers at the Dubai Land Department and pays the 4% DLD fee of AED 445,640 directly. The buyer then assumes the final 50% installment of AED 5,570,500 due at Q4 2026 handover. DistressPropertyFinder.com coordinates the full process — from initial documentation review and NOC procurement through to DLD title registration.
At AED 1,322/sqft, this unit sits AED 161/sqft (10.9%) below the current Al Hudayriat Island secondary market average and AED 78/sqft below comparable new off-plan launches — meaning any buyer entering through a developer channel today would pay materially more for an equivalent Al Hudayriat Island address with a 2–3 year construction wait and no existing owner discount. At a gross rental yield of 4.3% on the mid-range annual rent estimate of AED 480,000, this unit provides AED 425,000/yr net of service charges on a day-one basis — before any capital appreciation across the Q4 2026 hold period is factored in.
Al Hudayriat Island is Abu Dhabi’s newest beachfront master-development — a 4.7 sq km island connected to the Abu Dhabi mainland by two new road bridges, positioned 8 minutes from Abu Dhabi’s central corniche. Modon Properties master plan designates the island for premium residential villas, luxury hospitality and public beach infrastructure. Al Naseem is ADHA’s flagship residential community with only 164 total units — one of Abu Dhabi’s most supply-constrained luxury addresses.
Al Hudayriat Island is connected to the Abu Dhabi mainland via the Hudayriat Bridge and Lulu Island Bridge. The Abu Dhabi Corniche is 8 minutes by road. Yas Island is 20 minutes; Abu Dhabi International Airport is 25 minutes. The island has dedicated cycling tracks, 10km of beach and a public waterfront promenade.
6BR luxury villas on Al Hudayriat Island command AED 400,000-600,000/yr in annual leases, with park-facing single-row units achieving the upper range. Abu Dhabi’s growing HNWI and diplomatic tenant pool (home to 200+ embassies) drives demand for premium island villas. At AED 11,141,000, a conservative AED 480,000/yr annual rent equates to 4.3% gross yield — lower than Dubai apartments but consistent with Abu Dhabi luxury villa benchmarks.
Al Hudayriat Island transaction volumes grew 65% in 2025, though from a low base of 800 transactions. The island’s scarcity (164 Al Naseem units vs. 45,000+ DAMAC Lagoons units) creates a fundamentally different supply-demand equation. Abu Dhabi’s ADHA backing provides institutional developer credibility. This at-cost sale (OP + 4%) offers entry to Abu Dhabi’s most prestigious new address without developer premium.
The seller is exiting at exact cost (OP + 4% DLD), absorbing zero profit on capital invested due to a genuine personal liquidity need that has arisen independent of any market or property-specific concern. Having committed AED 5,570,500 (50% of the original price) to Abu Dhabi Housing Authority (ADHA) across multiple installments, the seller prefers to crystallise a zero-profit exit now rather than wait through the remaining obligations. Full SPA, all installment payment receipts, and unit documentation are available to verified buyers via DistressPropertyFinder.com.
This is an at-cost motivated-seller transfer: the seller is exiting at exactly what they paid — OP + 4% DLD — absorbing zero profit on a multi-year capital holding. The buyer benefits from market appreciation of AED 1,359,000 between the seller’s original acquisition and today’s secondary market value without having to wait for that appreciation. The buyer acquires at AED 1,322/sqft against a current Al Hudayriat Island resale market of AED 1,483/sqft and new off-plan launches at AED 1,400/sqft — a below-replacement-cost entry position that no direct developer channel in Al Hudayriat Island can match today.
A novation in Dubai legally replaces the original SPA buyer with a new buyer, with the developer’s written consent. The process: (1) seller obtains NOC from Abu Dhabi Housing Authority (ADHA) confirming no payment arrears; (2) both parties execute MOU with 10% escrow deposit (AED 1,114,100); (3) Abu Dhabi Housing Authority (ADHA), seller and buyer sign novation SPA; (4) buyer registers at DLD and pays 4% fee (AED 445,640); (5) buyer assumes final 50% (AED 5,570,500) at Q4 2026 handover. DistressPropertyFinder.com manages all steps including NOC procurement, legal review, escrow and DLD registration.
At AED 1,322/sqft — 10.9% below Al Hudayriat Island current resale market AED 1,483/sqft — this unit offers AED 1,359,000 in day-one equity with a gross rental yield estimate of 4.3% at the mid-range annual rent of AED 480,000. Al Hudayriat Island DLD transactions grew 65% year-on-year in 2025 to 800 annual transactions, confirming institutional liquidity depth. Abu Dhabi Housing Authority (ADHA)’s portfolio track record — with a history of on-schedule delivery across comparable projects — de-risks this investment’s execution. New off-plan launches in Al Hudayriat Island at AED 1,400/sqft confirm that this distress acquisition is below the cost of replacement — a position that structurally supports long-term price stability.
A 6BR apartment in Al Hudayriat Island with Direct Park Facing — Landscaped Green Parkland currently achieves AED 420,000–AED 580,000 per year in annual Ejari-registered leases, based on 2025–2026 active listing and transaction data. Semi-Furnished specification adds a 15–20% premium over unfurnished comparable units. At the AED 11,141,000 acquisition price, the mid-range annual rent of AED 480,000 equates to a gross rental yield of 4.3% before service charges of approximately AED 55,000/yr — delivering a net yield of approximately 3.8%. The captive tenant profile in Al Hudayriat Island — high-income waterfront lifestyle seekers — supports structurally low vacancy rates.
Total buyer costs at transfer are: transfer amount to seller AED 5,570,500; DLD registration fee AED 445,640 (4%); developer NOC and transfer fee approx. AED 5,000–6,500. Total immediate outlay approx. AED 6,021,640. The remaining 50% (AED 5,570,500) is due at Q4 2026 handover — providing 9-12 months of cashflow planning time between transfer and final payment. Agent fee for the buyer is zero — DistressPropertyFinder.com is compensated exclusively by the seller. Total all-in acquisition cost including DLD: AED 11,586,640.
Al Hudayriat Island offers comparable versus Downtown Dubai’s 5.0–5.5% gross yield, at a significantly lower entry price of AED 1,322/sqft versus Downtown’s AED 3,800–4,800/sqft for comparable apartments. While Downtown is the world’s most recognised luxury brand address and provides unmatched long-term institutional exit liquidity, Al Hudayriat Island is in an active appreciation phase supported by 65% YoY transaction growth and AED 1,400/sqft new off-plan pricing, confirming early-mover investors are acquiring below replacement cost today. Crucially, this specific distress listing at AED 1,322/sqft provides an asymmetric entry where the AED 1,359,000 built-in market discount creates a margin of safety that Downtown purchasers at AED 3,800–4,800/sqft simply do not have.
An off-plan novation for a Abu Dhabi Housing Authority (ADHA) unit typically closes in 3–6 weeks from MOU signing. Critical path: Abu Dhabi Housing Authority (ADHA) NOC (5–10 business days); novation SPA execution (1–3 business days); DLD registration (1–3 business days). Buyers should be prepared to pay the transfer amount and DLD fees within 21–30 days of MOU. The final handover balance of AED 5,570,500 is due at Q4 2026 — well beyond the transfer completion date. DistressPropertyFinder.com has established relationships with Abu Dhabi Housing Authority (ADHA)’s NOC and developer services team, ensuring no administrative delays on this time-sensitive listing. All documentation — SPA, receipts, floor plan, title extract — is available for immediate review upon enquiry. Reference: AL-NASEEM-HUDAYRIAT-ABU-DHABI-6BR-VILLA-DISTRESS-001.
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