Distress Property, OFF PLAN, Off-Plan

Distress Deal | AED 370,000 Below OP | DAMAC Volta | 2BR | Panoramic Sea & SZR View | AED 3,390,000

Ref: DPF-VOLTA-2BR-1420-001

Sheikh Zayed Road, United Arab Emirates

Community: Downtown

Bedrooms

2

Down Payment

On Request

Handover Date

Q2-2028
aed 3,390,000
Request_call
Description

Distress Deal: DAMAC Volta | 2BR | Panoramic Sea & SZR View | AED 370,000 Below Original Price | AED 3,390,000

Distressed Resale | Original Price AED 3,760,000 | Selling Price AED 3,390,000 | 2 Bed | 2.5 Bath | 1,420 sq.ft | Middle-High Floor | Sea & Sheikh Zayed Road View | Handover Q2 2028

A distress deal at DAMAC Volta on Sheikh Zayed Road — a 2-bedroom, 2.5-bathroom resale unit selling at AED 3,390,000, a reduction of AED 370,000 from the original purchase price of AED 3,760,000. This 1,420 sq.ft unit sits on a middle-high floor with a panoramic dual orientation — a full sea view on one side and the iconic Sheikh Zayed Road skyline on the other — within one of DAMAC’s most distinctive wellness-focused towers. With handover expected in Q2 2028, this represents a genuine, verifiable discount to original price on a large, dual-view unit in one of Dubai’s most recognised addresses.

Property Highlights

  • Project: DAMAC Volta
  • Location: Sheikh Zayed Road, adjacent to Downtown Dubai
  • Type: 2 Bedroom Apartment
  • Bathrooms: 2.5 (2 full bathrooms + 1 powder room)
  • Size: 1,420 sq.ft (132 sqm)
  • Floor Position: Middle-high floor
  • View: Panoramic sea view and Sheikh Zayed Road skyline view
  • Original Price: AED 3,760,000
  • Selling Price: AED 3,390,000
  • Reduction from Original Price: AED 370,000 (approximately 9.8%)
  • Price per sq.ft: Approximately AED 2,387/sq.ft
  • Developer: DAMAC Properties
  • Expected Handover: Q2 2028
  • Status: Distressed — Off-plan, under construction
  • USP: AED 370,000 below original price on a dual-view, middle-high floor 2-bedroom unit

AED 370,000 Below Original Price — Understanding This Distressed Sale

  • Original purchase price: AED 3,760,000 — the price originally paid by the current owner
  • Current selling price: AED 3,390,000 — the distressed asking price now being offered
  • The reduction: AED 370,000, or approximately 9.8% below the original purchase price
  • Why this unit’s original price exceeds DAMAC Volta’s earliest 2-bedroom launch pricing: 2-bedroom units at DAMAC Volta were initially marketed from approximately AED 2,700,000–2,900,000 at launch. This unit’s original price of AED 3,760,000 reflects both off-plan price escalation that has occurred as construction has progressed since the project broke ground in December 2023, and the specific premium attached to its dual sea-and-skyline view and middle-high floor position — both of which command a premium over standard-view, lower-floor units in the same tower
  • What this means for the buyer: by acquiring this unit at AED 370,000 below its original price, the buyer secures a meaningful discount on a unit that already commanded a premium specification at the point of original purchase
  • Buyers are encouraged to verify the original purchase price and current payment plan status as part of standard due diligence on any resale transaction

Panoramic Sea and Sheikh Zayed Road View — A Genuine Dual Orientation

This unit’s view specification is unusual in combining two distinct and highly valued Dubai view types within a single residence:

  • Panoramic sea view — an expansive outlook over open water, a view orientation that is consistently among the most valued in Dubai’s residential market for its permanence and universal appeal. Unlike many views, a sea view cannot be built over or obstructed by future development on the water side
  • Sheikh Zayed Road view — an outlook over Dubai’s most iconic urban corridor, home to some of the city’s tallest hotels, residential towers, and architectural landmarks. A Sheikh Zayed Road-facing view captures the dense, dramatic skyline that has defined Dubai’s visual identity for over five decades, with sweeping nighttime lighting and a constant sense of the city’s energy
  • Why a dual orientation is valuable — most units in any given tower face primarily in one direction. A unit that captures meaningful views of both the open sea and the dense urban skyline offers occupants two genuinely different visual experiences from the same residence — open horizon on one side, dense vertical cityscape on the other

Middle-High Floor — The Practical Sweet Spot

  • A middle-high floor position in a 60-storey tower typically delivers strong, largely unobstructed views without commanding the premium pricing reserved for the very highest floors in the building
  • At this floor range, residents benefit from clear sightlines over most of the surrounding lower-rise development while avoiding the elevator wait times and acoustic/wind considerations that can affect units at the extreme top of very tall towers
  • For both end-users and investors, middle-high floor units often represent the most efficient balance between view quality and price per square foot within a tower’s overall pricing structure

2 Bedrooms, 2.5 Bathrooms — The Powder Room Advantage

  • 2 full bathrooms — typically one en-suite to the master bedroom and one serving the second bedroom or as a family bathroom, ensuring no shared bathroom friction between bedrooms
  • 0.5 bathroom (powder room) — a half-bathroom, typically located near the living and entertaining areas, providing guests with a convenient facility without requiring them to use either of the bedroom-associated bathrooms. This is a specification more commonly found in larger, higher-specification units, and is a meaningful convenience for residents who entertain
  • The 2.5-bathroom configuration on a 1,420 sq.ft 2-bedroom unit reflects a generous overall specification, consistent with the building’s positioning as a wellness- and lifestyle-focused luxury address

1,420 Sq.ft — Above-Average Sizing for a 2-Bedroom

  • At 1,420 sq.ft, this unit is larger than entry-level 2-bedroom configurations typically found across Dubai’s off-plan market, supporting more generously proportioned living, dining, and bedroom spaces
  • The additional square footage, combined with the dual sea-and-skyline view and the 2.5-bathroom specification, positions this unit at the upper end of DAMAC Volta’s 2-bedroom range

About DAMAC Volta

DAMAC Volta is a 60-storey residential tower located on Sheikh Zayed Road — Dubai’s primary arterial road and home to some of the city’s tallest hotels and most iconic architecture. While the building’s official address is Sheikh Zayed Road rather than Downtown Dubai itself, the tower is positioned immediately adjacent to and within minutes of Downtown Dubai, the Dubai Mall, and the Burj Khalifa, and is frequently marketed in connection with the Downtown area due to this proximity. Construction began in December 2023, with handover scheduled for Q2 2028. The tower offers 1 to 2-bedroom luxury apartments on lower and mid floors, and 3 to 4-bedroom ultra-luxury apartments on upper floors, with a design philosophy centred on fitness and wellness.

Location and Lifestyle

  • Sheikh Zayed Road (E11): direct address, Dubai’s primary arterial corridor
  • Dubai Mall: approximately 5–6 minutes by car
  • Downtown Dubai and Burj Khalifa: minutes away
  • City Walk: approximately 8 minutes by car
  • Dubai Marina and Palm Jumeirah: approximately 19–24 minutes by car
  • Dubai International Airport (DXB): approximately 15–20 minutes by car
  • DIFC and Business Bay: direct access via Sheikh Zayed Road

Amenities

Published amenities for DAMAC Volta include:

  • Lap pools
  • State-of-the-art boxing ring
  • Climbing wall
  • Jogging track
  • Sky yoga space
  • Spa and therapy facilities
  • TRX stations and dedicated boxing zone
  • On-site emergency room, diet consultant, and physiotherapist
  • Smart home technology
  • 24/7 concierge service
  • Landscaped gardens
  • Wraparound balconies in residences

Layout and Floor Plan

This 2-bedroom, 2.5-bathroom unit at DAMAC Volta spans 1,420 sq.ft on a middle-high floor with panoramic sea and Sheikh Zayed Road views. The layout typically accommodates an open plan living and dining area, a fully fitted kitchen, a master bedroom with en-suite bathroom, a second bedroom with bathroom access, a powder room near the living area, and a wraparound balcony. Exact room configuration and confirmed unit specification available on request or during a private viewing.

Payment and Transfer

This is a distressed resale at AED 3,390,000, representing a reduction of AED 370,000 from the original purchase price of AED 3,760,000.

  • Original Price: AED 3,760,000
  • Selling Price: AED 3,390,000
  • Status: Off-plan — under construction, expected handover Q2 2028
  • DLD Transfer Fee: Approximately 4% (c. AED 135,600), plus applicable developer NOC and registration fees for an off-plan resale
  • Remaining Payment Plan: Buyer to assume the remaining instalments under the original developer payment plan; full schedule available on request
  • Mortgage: Subject to bank and developer policy on off-plan resale financing

Location and Connectivity

  • Sheikh Zayed Road (E11): Direct address
  • Dubai Mall: Approximately 5–6 minutes by car
  • Downtown Dubai and Burj Khalifa: Minutes away
  • City Walk: Approximately 8 minutes by car
  • Dubai Marina and Palm Jumeirah: Approximately 19–24 minutes by car
  • Dubai International Airport (DXB): Approximately 15–20 minutes by car
  • Al Maktoum International Airport (DWC): Approximately 35–40 minutes by car

Why Acquire This Unit at AED 3,390,000

  • AED 370,000 below original price — a verifiable reduction on a premium dual-view unit
  • Panoramic sea and Sheikh Zayed Road view — a rare dual orientation combining two of Dubai’s most valued view types
  • Middle-high floor — strong, largely unobstructed views without top-floor pricing premiums
  • 1,420 sq.ft with 2.5 bathrooms — generous sizing and specification above entry-level 2-bedroom configurations
  • DAMAC Volta — a wellness-focused tower from an established developer with circa 43,700 homes delivered to date
  • Sheikh Zayed Road location — minutes from Downtown Dubai, the Dubai Mall, and the Burj Khalifa
  • Freehold ownership available to all nationalities

Frequently Asked Questions (FAQs)

Is this really AED 370,000 below the original price?

The original purchase price for this unit was AED 3,760,000. The current distressed selling price is AED 3,390,000 — a reduction of AED 370,000, approximately 9.8% below the original price. Buyers are encouraged to verify the original purchase documentation as part of standard due diligence.

Is DAMAC Volta in Downtown Dubai?

DAMAC Volta’s official address is Sheikh Zayed Road, not Downtown Dubai itself. However, the tower is positioned immediately adjacent to and within minutes of Downtown Dubai, the Dubai Mall, and the Burj Khalifa, and is often marketed in connection with the Downtown area due to this close proximity.

Why was the original price higher than DAMAC Volta’s early launch pricing for 2-bedroom units?

2-bedroom units at DAMAC Volta were initially marketed from approximately AED 2,700,000–2,900,000 at launch in late 2023. This unit’s original price of AED 3,760,000 reflects off-plan price escalation that has occurred as construction has progressed, combined with the premium attached to its dual sea-and-skyline view and middle-high floor position.

What does 2.5 bathrooms mean?

2 full bathrooms plus a half-bathroom (powder room), typically positioned near the living and entertaining area. This configuration provides guests with a convenient facility separate from the bedroom-associated bathrooms — a specification found in larger, higher-specification units.

What does panoramic sea and SZR view mean?

This unit captures two distinct view orientations — an open sea view on one side and the iconic Sheikh Zayed Road skyline, with its dense concentration of Dubai’s tallest hotels and towers, on the other. This dual orientation is unusual, as most units in a tower face primarily in a single direction.

When is handover expected?

Handover for DAMAC Volta is expected in Q2 2028. Construction began in December 2023. Buyers should confirm current construction progress directly with the developer or during the transaction process.

What is DAMAC Volta?

A 60-storey wellness-focused residential tower on Sheikh Zayed Road, developed by DAMAC Properties. The tower offers 1–2 bedroom luxury apartments on lower and mid floors and 3–4 bedroom ultra-luxury apartments on upper floors, with amenities including lap pools, a boxing ring, climbing wall, jogging track, sky yoga space, and spa.

Is this property freehold?

Yes. This area is a designated freehold zone in Dubai. Available to all nationalities with full ownership rights.

What are the transfer costs?

Approximately 4% DLD transfer fee (c. AED 135,600 on AED 3,390,000), plus applicable developer NOC and registration fees for an off-plan resale. The buyer also assumes the remaining instalments under the original payment plan.

Can I view this unit or the show apartment?

Please contact us to arrange a viewing or to discuss the current construction status and available show units at DAMAC Volta.

Floor Plan

This 2-bedroom, 2.5-bathroom unit at DAMAC Volta spans 1,420 sq.ft on a middle-high floor with panoramic sea and Sheikh Zayed Road views. The layout typically accommodates an open plan living and dining area, a fully fitted kitchen, a master bedroom with en-suite bathroom, a second bedroom with bathroom access, a powder room near the living area, and a wraparound balcony. Exact room configuration and confirmed unit specification available on request or during a private viewing.

Payment_Plan

MilestonePayment%
Down_PaymentOn Request

Features

1420 sqft
1420 sqft
2.5 Bathrooms
2.5 Bathrooms
24x7 Security
24x7 Security
370K Below Original Price
370K Below Original Price
DAMAC Properties
DAMAC Properties
Distressed Sale
Distressed Sale
Downtown Dubai
Downtown Dubai
Dubai Marina
Dubai Marina
Gym
Gym
kids play area
kids play area
Middle-High Floor
Middle-High Floor
Outdoor cinema
Outdoor cinema
Panoramic Sea View
Panoramic Sea View
Parking Area
Parking Area
RETAIL OUTLETS
RETAIL OUTLETS
Sea View
Sea View
Sheikh Zayed Road View
Sheikh Zayed Road View
Swimming Pool
Swimming Pool
Wellness Tower
Wellness Tower

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Every listing on DistressPropertyFinder is individually verified against Dubai Land Department (DLD) SPA/SOP records before publication. DistressPropertyFinder is a specialist Dubai portal for secondary-market distress and below-market resale. We do not publish developer primary stock. Read our full verification methodology.