Secondary market distress resale: the seller purchased this studio at the original off-plan price of AED 1,137,000 directly from Binghatti Properties. The current asking price of AED 755,000 reflects a genuine motivated-seller situation, not a developer promotion. The buyer acquires at AED 382,000 (33.6%) below the original purchase price.
Payment plan details for this specific distress unit are available on request from the listing agent quoting reference BINGHATTI-DSP-STU-001. The transaction structure, remaining developer obligations, NOC requirements, and transfer timeline will be provided upon serious enquiry.
Additional buyer costs: DLD transfer fee 4% = AED 30,200; trustee/conveyancing ~AED 4,200. Total all-in approximately AED 789,400. Agency fees of 2% + VAT apply separately. A Binghatti Properties NOC is required and typically issued within 5–7 business days.
| Milestone | Payment% |
|---|---|
| Down_Payment | On Request |