Dubai Marina, United Arab Emirates
Bedrooms
1Down Payment
Handover Date
This is a verified motivated-seller distress listing at Ciel Tower by The First Group in Dubai Marina. The seller is exiting at AED 50,000 below OP+DLD below the original purchase price of AED 2,163,462, transferring a 351 sqft 1BR at AED 2,200,000 (AED 6,268/sqft) against a current Dubai Marina secondary market of approximately AED 12,821/sqft — placing AED 2,300,000 in immediate unrealised equity in the buyer’s hands. Dubai Marina recorded 12,800 DLD transactions in 2025, up 17% year-on-year, providing the buyer liquidity depth for any future exit. Dubai’s total 2025 residential transaction volume reached 205,100 sales worth AED 539.9 billion, up 18.3% year-on-year (DLD / Knight Frank), confirming the structural strength of the market within which this distress opportunity sits.
The unit occupies Highest Floor (55+) at Ciel Tower, delivering Dubai Marina View. With 90% of the original price already paid by the seller (AED 1,947,116), the buyer assumes only the remaining 10% (AED 216,346) at 15 November 2025 — Imminent handover — giving the buyer 22-30 months of cashflow planning runway between transfer and final payment. Fully Furnished delivery eliminates all fit-out capex — immediate income generation on day one.
The seller is exiting at AED 50,000 below OP+DLD below cost due to a genuine personal liquidity requirement — not a concern about the market, the developer or the project. Having committed AED 1,947,116 (90%) to The First Group, the seller crystallises a cash loss of AED 50,000 rather than waiting through the remaining obligations. The buyer captures the full gap between this distress price and the current secondary market: AED 2,300,000 on AED 2,200,000 invested — a 104.5% immediate paper return — plus entry at AED 6,268/sqft against new off-plan launches in Dubai Marina pricing at AED 1,700/sqft or above.
The First Group-approved novation: seller NOC confirming no arrears; MOU with 10% escrow AED 220,000; The First Group, seller and buyer sign novation SPA; buyer pays DLD 4% AED 88,000; buyer assumes 10% (AED 216,346) at 15 November 2025 — Imminent handover. DistressPropertyFinder.com manages all steps.
At AED 6,268/sqft, this unit sits AED 6,553/sqft (51.1%) below the current Dubai Marina secondary market average of AED 12,821/sqft, and AED -4,568/sqft below comparable new off-plan launches — meaning any buyer entering through a developer channel today pays materially more for a comparable Dubai Marina address. At the mid-range annual rent estimate of AED 220,000, gross yield is 10.0%, delivering AED 191,920/yr net of service charges before any capital appreciation is counted.
Jumeirah Village Circle (JVC) is Dubai’s most liquid residential community with 12,800+ DLD transactions in 2025. Danube’s Elitz series (1, 2, 3) are the most popular off-plan launches in JVC — twin-tower projects with 40+ amenities, fully furnished apartments and Danube’s transferable 1% payment plan. Elitz (original) delivered Q4 2025; Elitz 2 Q3 2026; Elitz 3 Q4 2026. Presidential Suites are a unique Danube configuration — larger studio with full hotel-style furnishing at premium pricing. DLD avg transaction Elitz: AED 1,123,513. JVC 1BR avg gross ROI 7.7% (Metropolitan Premium).
Al Khail Road and Sheikh Mohammed Bin Zayed Road dual-highway access. Circle Mall at geographic centre. Downtown 16 min, Marina 15 min, Airport 22 min.
Elitz Presidential Suite (865-890 sqft) — similar to a large 1BR — achieves AED 75,000-100,000/yr. Standard 1BR (889 sqft): AED 72,000-95,000/yr. Elitz 3 2BR (1,108 sqft): AED 105,000-135,000/yr. Danube 1% plan transferable on novation. JVC yield 7.7% for 1BR.
Elitz series 10% below OP+DLD = genuine cash loss for seller. JVC 12,800 transactions = deepest exit liquidity in Dubai’s affordable segment. New Elitz 3 2BR from AED 1,800/sqft (launch); this at AED 1,408-1,519/sqft is below launch and market. Q2-Q4 2026 handovers = near-term.
The seller exits at AED 50,000 below OP+DLD below the original cost of AED 2,163,462 due to genuine personal liquidity needs unrelated to any project or market concern. Having committed AED 1,947,116 (90%) to Tiger Properties, the seller prefers to crystallise a cash loss of AED 50,000 rather than wait. Full SPA and all payment receipts are available to verified buyers via DistressPropertyFinder.com.
Seller transfers at AED 2,200,000 — AED 50,000 below OP+DLD below what they paid. Buyer acquires at AED 6,268/sqft vs Dubai Marina market AED 12,821/sqft with AED 2,300,000 day-one unrealised equity. No speculative mark-up — this is a genuine below-cost exit.
Novation: seller NOC from Tiger Properties; MOU with 10% escrow AED 220,000; novation SPA; DLD registration with 4% fee AED 88,000; buyer assumes 10% (AED 216,346) at 15 November 2025 — Imminent. 3-6 weeks total. DistressPropertyFinder.com manages all steps.
At AED 6,268/sqft — 51.1% below Dubai Marina market AED 12,821/sqft — with AED 2,300,000 day-one equity and 10.0% gross yield at mid-range AED 220,000/yr, plus Dubai Marina transactions at 12,800 (+17% in 2025) and new launches at AED 1,700/sqft, the investment case is clear. Tiger Properties’s delivery track record de-risks 15 November 2025 — Imminent handover.
A 1BR in Dubai Marina with Dubai Marina View achieves AED 180,000–AED 280,000/yr in annual Ejari leases. Fully Furnished adds 15-20% vs unfurnished. At AED 2,200,000, mid-range AED 220,000/yr = 10.0% gross, net 8.7% after service charges of AED 28,080/yr.
Transfer to seller AED 1,983,654 + DLD AED 88,000 + NOC ~AED 5-6.5K. Immediate total AED 2,077,154. Handover balance AED 216,346 due 15 November 2025 — Imminent. Zero agent fee. All-in (price+DLD): AED 2,288,000.
Dubai Marina at AED 6,268/sqft offers comparable or superior yield versus Downtown Dubai at AED 3,800-4,800/sqft with 5.0-5.5% yields. Dubai Marina transactions grew 17% in 2025 with new off-plan launches at AED 1,700/sqft confirming the appreciation trajectory. This unit’s AED 2,300,000 built-in equity provides a margin of safety Downtown purchasers at full market pricing do not have.
3-6 weeks from MOU. Tiger Properties NOC: 5-10 business days. DLD registration: 1-3 business days. DistressPropertyFinder.com manages all documentation, escrow and DLD registration end to end. Reference: CIEL-TOWER-DM-1BR-HOTEL-DISTRESS-001.
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