Distress Sale: 1BR High Floor in Address Residences Zabeel Tower 3, Za’abeel, Dubai

Below OP+DLD | Tower 3 High Floor | 736 Sqft | Balcony | 20% Paid | Q3 2029 | AED 1,955,000

This is a motivated seller distress listing for a 1-bedroom apartment on a high floor of Tower 3 in Address Residences Zabeel by Emaar Properties, Za’abeel, Dubai, UAE. The seller’s original purchase price was approximately AED 1,956,849, to which they paid 4% DLD at Oqood registration (~AED 77,274), bringing their total all-in acquisition cost to AED 2,034,123. The distress selling price is AED 1,955,000 — AED 79,123 (3.89%) below the seller’s total all-in cost. The seller absorbs their entire DLD payment and exits at a net loss. The 20% already paid means the buyer assumes approximately 70% in outstanding construction installments plus 10% at the Q3 2029 handover — with the 10% handover balance mortgageable from UAE banks. At AED 2,655/sqft for a high-floor Tower 3 unit with balcony in one of Emaar’s most prestigious branded Address Hotels+Resorts developments, this is a competitively positioned entry at effectively the seller’s original purchase price — a rare opportunity to step into an Emaar Address-branded asset at what the developer originally charged, with 20% of the price already paid by the seller and the development significantly further along construction toward Q3 2029 delivery.

Property Highlights

• Project: Address Residences Zabeel
• Developer: Emaar Properties
• Brand: Address Hotels + Resorts (Emaar Hospitality Group)
• Location: Za’abeel (Za’abeel First), Dubai
• Tower: Tower 3 — 205 metres, 52 floors
• Unit Type: 1 Bedroom Apartment
• Size: 736 sq ft
• Floor: High Floor (exact floor on request)
• View: Za’abeel / Tower 1 views
• Balcony: Yes — all Address Residences Zabeel units include balconies
• Finishes: Address Hotels+Resorts signature interiors — premium branded specification
• Kitchen: Fully fitted with appliances
• Laundry Room: Yes (standard for 1BR Address Residences units)
• Foyer: Yes — private entrance foyer
• Parking: Covered parking
• Handover: Q3 2029 (September 2029)
• Payment Plan: 90/10 (10% down + 80% construction + 10% handover)
• Paid to Date: 20% of purchase price
• Remaining Balance: ~70% construction installments + 10% at handover
• Seller’s OP (estimated): ~AED 1,956,849
• Seller’s 4% DLD: ~AED 77,274
• Seller’s Total Entry (OP+DLD): AED 2,034,123
• Distress Selling Price: AED 1,955,000
• Saving vs OP+DLD: AED 79,123 (3.89%)
• vs OP alone: AED 1,849 below OP — effectively at original purchase price
• Entry Price per Sqft: AED 2,655/sqft
• Projected Gross Yield (Za’abeel area): 6%+ (high rental demand)
• Ownership: Freehold — available to all nationalities
• Status: Off-Plan | Under Construction

About Address Residences Zabeel — Four Iconic Towers

Address Residences Zabeel is one of Emaar Properties’ most prestigious branded residential developments — a collaboration between Emaar and Address Hotels+Resorts, the luxury hospitality brand behind Address Downtown, Address Beach Resort, and Address Fountain Views. The development comprises four individually distinctive skyscrapers rising 50 to 58 floors in the Za’abeel district, between Za’abeel Park and Dubai’s central business corridor. Tower 1 rises 198 metres (50 floors), Tower 2 reaches 233 metres (58 floors), Tower 3 stands 205 metres (52 floors), and Tower 4 reaches 214 metres (54 floors). Together the four towers deliver 1,600+ units — branded 1-bedroom, 2-bedroom, and 3-bedroom apartments, along with 4-bedroom penthouses, across a total size range of 736 sq ft to 5,276 sq ft. The Address Hotels+Resorts brand designation means The Residences will carry the hotel group’s interior design signature: refined neutral palettes, premium material specification, smart home integration, and hotel-grade service infrastructure. Each unit includes a balcony (or multiple balconies for larger units), fully fitted kitchen with appliances, laundry room, foyer, and panoramic views — with premium units capturing Burj Khalifa, Za’abeel Park, Dubai Frame, Dubai Creek Harbour, and DIFC skyline views from their respective orientations. Tower 3 — where this distress unit is located — is 205 metres with 52 floors, providing high-floor units with elevated views of the adjacent Za’abeel Tower 1 and surrounding skyline. Emaar launched Address Residences Zabeel with multiple payment plan structures; the most common available is 90/10 (10% down, 80% construction, 10% handover), with handover targeted September 2029 (Q3 2029).

Community and Lifestyle — Za’abeel

• Za’abeel is one of Dubai’s most strategically central districts — positioned between the commercial heritage of Bur Dubai and the modern financial powerhouses of DIFC, Downtown Dubai, and Business Bay, providing access to both old and new Dubai from a single address
• Za’abeel Park — one of Dubai’s largest and most activated urban parks, spanning over 48 hectares — is a 5-minute walk and 15-minute walk from the development, featuring the Dubai Frame, a planetarium, sports facilities, food zones, gardens, and a lake with boat rides
• Dubai Frame — one of the UAE’s most visited architectural landmarks — is within Za’abeel Park, walkable from the towers
• DIFC is approximately 10 minutes by car; Downtown Dubai, Burj Khalifa, and Dubai Mall are approximately 10 minutes; Dubai International Airport is approximately 15 minutes
• Dubai Garden Glow is approximately 5 minutes by car — one of the world’s largest themed light gardens, visited by millions annually
• World Trade Centre Metro Station (Red Line) and Max Metro Station are both accessible within 10 minutes — providing connectivity to the full Dubai Metro network including Burj Khalifa/Dubai Mall station and all airport terminals
• The Address Hotels+Resorts brand provides residents with hotel-grade concierge, maintenance, and lifestyle services — elevating the daily residential experience beyond what standard developer projects deliver
• Za’abeel has recorded over AED 6.5 billion in apartment sales transactions in the past 12 months and over 1,100 rental transactions — among the highest volumes for any central Dubai district, confirming deep market liquidity and sustained investor and tenant demand
• Multiple international schools operate nearby including Dubai English Speaking School, St. Mary’s Catholic School, Ambassador School, and Apple International Community School
• Premium healthcare: Medeor 24×7 Hospital, American Hospital Dubai, and Aster Hospital Mankhool are all within close proximity

Amenities

• Three signature swimming pools:
• Burj Pool — with Burj Khalifa framed view
• Central Vista Pool — the social centrepiece of the podium leisure deck
• Zabeel Pool — serene pool with Za’abeel Park outlook
• Pool cabanas deck
• Floating deck — a unique over-water amenity
• Shaded kids’ pool
• Communal lawn
• Event pavilion (multi-purpose)
• Function pavilion
• Kids’ play area and multi-purpose kids’ pavilion
• Split-level terrace with seating area
• Communal BBQ pods
• Yoga deck
• State-of-the-art gymnasium
• Retail area (~28,000 sq ft) — shops, services, and dining within the podium
• Covered parking
• High-speed elevators
• 24-hour security and maintenance services
• Address Hotels+Resorts concierge and hotel-grade service infrastructure
• Za’abeel Park (5-min walk): 48 ha, Dubai Frame, planetarium, sports, dining
• Dubai Garden Glow (5-min drive)

Layout and Floor Plan

Address Residences Zabeel 1-bedroom apartments start from 736 sq ft — the entry size that launches the Address branded portfolio at Za’abeel. This distress unit is exactly 736 sq ft on a high floor of Tower 3. The layout for Address Residences 1-bedroom units includes: a master bedroom with en-suite bathroom and built-in wardrobes, an open-plan living and dining area with floor-to-ceiling windows, a balcony (accessible from the living area), a fully fitted kitchen with appliances, a laundry room, and a private entrance foyer. The Address Hotels+Resorts interior specification provides the signature branded finish — premium materials, refined neutral palette, smart home readiness, and hotel-grade fixtures throughout. Tower 3 at 52 floors provides a high-floor position with elevated city views across the Za’abeel district, toward the adjacent Za’abeel Tower 1 (One Za’abeel) and the wider downtown skyline. The exact floor, unit number, and tower position are available on request quoting ADRZBL-T3-1BR-736-HF-001.

Payment, 20% Paid, and Handover

Address Residences Zabeel was launched with a 90/10 payment plan: 10% down payment on booking, 80% during construction in staged installments, and 10% on handover in Q3 2029 (September 2029). The seller has paid 20% of the purchase price — comprising the 10% down payment at booking and the first ~10% construction installment. The buyer assumes the remaining approximately 70% in outstanding construction installments to Q3 2029 and the 10% balance due at handover. Critically, the 10% handover balance due at Q3 2029 can be financed by UAE bank mortgage, including for non-resident buyers — enabling investors to leverage the acquisition and generate rental income to offset mortgage repayments from day one of delivery. On assignment: DLD 4% (~AED 78,200 on AED 1,955,000) + trustee fee (~AED 4,200) + buyer agency ~2% (~AED 39,100) = approximately AED 2,076,500 all-in at assignment (before remaining construction installments). Full paid/outstanding installment breakdown and original Emaar SPA available on request.

Location and Connectivity

• Za’abeel Park (Dubai Frame): 5-minute walk to 15-minute walk
• Dubai Garden Glow: approximately 5 minutes by car
• Sheikh Zayed Road (E11): directly accessible
• Sheikh Rashid Road: approximately 3 minutes by car
• DIFC: approximately 10 minutes by car
• Downtown Dubai / Burj Khalifa / Dubai Mall: approximately 10 minutes by car
• Dubai Opera: approximately 10 minutes by car
• Business Bay: approximately 8 minutes by car
• Dubai International Airport (DXB): approximately 15 minutes by car
• Dubai Frame: within Za’abeel Park — walkable
• City Walk / La Mer: approximately 10 minutes by car
• Bur Dubai / Al Fahidi: approximately 10 minutes by car
• Dubai Creek Harbour: approximately 15 minutes by car
• Dubai Marina: approximately 25 minutes by car
• Al Maktoum International Airport (DWC): approximately 35 minutes by car

Why Buy This Address Residences Zabeel Unit Now

• Below OP+DLD — seller absorbs all DLD and exits at a loss: The seller paid AED 2,034,123 all-in (OP + DLD). They are selling at AED 1,955,000 — accepting a net loss of AED 79,123. The buyer acquires the unit at AED 1,849 below the seller’s original purchase price — effectively at cost — while the asset is significantly closer to Q3 2029 delivery than when the seller purchased it
• 20% already paid — buyer’s immediate costs minimised: With 20% of the purchase price already paid by the seller, the buyer assumes approximately 70% in remaining construction installments + 10% at handover. The 10% handover balance is mortgageable. The buyer’s immediate outlay on assignment is only: AED 1,955,000 + DLD 4% + trustee + agency = ~AED 2,076,500
• Address Hotels+Resorts brand — the Emaar premium: The Address brand is Emaar’s luxury hospitality flag — the same brand behind Address Downtown (adjacent to Burj Khalifa), Address Beach Resort, and Address Fountain Views. Branded residences under the Address umbrella consistently command rental and resale premiums of 10–20% over comparable non-branded apartments in the same location, driven by hotel-grade services, the brand’s international recognition, and managed service standards
• 1,600+ unit branded complex — deepest liquidity in Za’abeel: At 1,600+ units across four towers, Address Residences Zabeel will be the dominant residential address in Za’abeel upon completion. Scale supports rental liquidity — a large branded pool of apartments under one management umbrella attracts corporate tenants, international families, and short-stay operators at above-market rates
• Za’abeel district AED 6.5B transaction volume — deep market: Over AED 6.5 billion in apartment sales and 1,100+ rental transactions in Za’abeel in the past 12 months confirm the district as one of Dubai’s most active residential markets. High liquidity supports fast resale if required and competitive rental placement
• Tower 3 high floor — premium position within complex: Tower 3 (205m, 52 floors) is the second-tallest of the four towers. A high-floor unit provides elevated views above Za’abeel’s lower-rise surroundings — framing the adjacent One Za’abeel tower, Za’abeel Park, and the broader central Dubai skyline — and commands above-average rents within the Address Residences Zabeel unit pool
• Q3 2029 — clear timeline, Emaar delivery confidence: Emaar Properties’ track record of on-time delivery (Burj Khalifa, Downtown Dubai, Dubai Marina, Dubai Hills Estate, Arabian Ranches) provides the strongest available delivery confidence in the UAE market for a Q3 2029 target
• 10% mortgageable at handover: The 10% balance at Q3 2029 can be financed by UAE bank mortgage, enabling investors to generate rental income from day one of delivery
• Golden Visa eligible: At AED 1,955,000 — just below the AED 2M 10-year Golden Visa threshold, but above the AED 750K 2-year investor visa threshold — the buyer qualifies for the UAE 2-year property investor visa. Upgrading to a 10-year Golden Visa can be achieved at a marginal additional investment

Frequently Asked Questions (FAQs)