Below market value, Distress Property, Near To Handover, OFF PLAN

Distress | Design Quarter Tower A Meraas D3 | 2BR | 1,220 Sqft | Burj View | AED 3.05M | 5.1% Below OP | 12.6% Below Market | Q2 2027

Ref: DQ-D3-2BR-001

Meraas

Dubai Design District, United Arab Emirates

Bedrooms

2

Down Payment

20%

Handover Date

Q2 2027
aed 3,050,000
Request_call
Description

Distress Deal: 2BR Design Quarter Tower A D3 Dubai | AED 3.05M | Burj View | 12.6% Below Market | Q2 2027

2-Bedroom Apartment for Sale at Design Quarter Tower A, Dubai Design District — AED 440,000 Below Current Market Price

A motivated seller is exiting their semi-furnished 2-bedroom apartment at Design Quarter Tower A by Meraas in Dubai Design District (d3) at AED 3,050,000 — AED 163,600 (5.1%) below the original purchase price of AED 3,213,600, and AED 440,000 (12.6%) below the current market price of AED 3,490,000 for comparable units. At AED 2,500 per sq ft on 1,220 sq ft with a direct Burj Khalifa view from a middle floor (15th–20th), this is a below-market entry into Meraas’s most culturally significant residential development — the first residences ever built within Dubai Design District, a world-class creative hub hosting 600+ international fashion, art and design brands. Handover is confirmed for Q2 2027, with Arabian Construction Company LLC on-site under a contract exceeding AED 2 billion.

Property Highlights

  • Project: Design Quarter Tower A by Meraas
  • Location: Dubai Design District (d3), Dubai, UAE — on the Dubai Canal
  • Unit Type: 2-Bedroom Apartment
  • Size: 1,220 sq ft
  • Floor: Middle — approximately 15th to 20th floor
  • View: Burj Khalifa (direct)
  • Furnishing: Semi-Furnished
  • Asking Price: AED 3,050,000
  • Original Purchase Price (OP): AED 3,213,600
  • Current Market Price: AED 3,490,000
  • Saving vs OP: AED 163,600 (5.1%)
  • Saving vs Market: AED 440,000 (12.6%)
  • Price Per Sq Ft: AED 2,500
  • Payment Plan: 60/40 (20% down, 40% during construction, 40% on handover)
  • Handover: Q2 2027
  • Developer: Meraas (subsidiary of Dubai Holding)
  • Total Units in Project: 558 across 3 towers
  • Status: Off-Plan Distress Resale | Near to Handover
  • Ownership: Freehold (Free Zone) — all nationalities eligible
  • Golden Visa: Eligible — exceeds AED 2,000,000 threshold
  • Listing Reference: DQ-D3-2BR-001

About Design Quarter at d3 and Meraas

Design Quarter at d3 is a landmark 3-tower residential development by Meraas within Dubai Design District — a project valued at AED 1.216 billion by the Dubai Land Department. It is, quite simply, the world’s first residential address within d3, one of the UAE’s most culturally significant creative communities. The development houses 558 units across three towers, offering 1–3 bedroom apartments, penthouses and 3-bedroom duplexes ranging from 795 sq ft to 3,304 sq ft. Each tower features artist-commissioned lobbies and common areas in collaboration with globally recognised artists Sebastian Curi, Tom Brolga, and Miguel Angel Camprubi — making the building as much a curated art experience as a residential address.

Meraas, a subsidiary of Dubai Holding, is the developer behind some of Dubai’s most transformative destination addresses: Bluewaters Island (home to Ain Dubai), City Walk, La Mer, Port de La Mer, The Beach JBR, and Boxpark. Meraas has a consistent track record of on-time delivery and placemaking — they do not build apartments, they build destinations. Design Quarter at d3 extends this philosophy into the creative heart of Dubai.

Dubai Design District (d3) — Community & Creative Ecosystem

  • d3 is a government-established free zone by TECOM Group on the banks of the Dubai Canal — the UAE’s dedicated hub for the creative industries, fashion, luxury, art, and design
  • 600+ international and regional brands, fashion houses, design studios, and creative agencies operate from d3 — from Chanel and Louis Vuitton to independent studios and local designers
  • The district hosts world-class events including Dubai Design Week, Dubai Fashion Week, and Art Dubai Gallery Weekend, drawing global creative talent to the neighbourhood year-round
  • The Dubai Canal Boardwalk is directly accessible, offering a scenic 3.2 km waterfront promenade connecting d3 to Business Bay and beyond
  • Ras Al Khor Wildlife Sanctuary — a Ramsar-protected flamingo reserve — is immediately adjacent, providing a rare natural wildlife viewing experience in an urban Dubai setting
  • Multiple boutique F&B concepts, international restaurants, concept stores, and galleries operate within d3’s ground-level retail spaces, making the community self-sufficient for daily lifestyle needs
  • 10-minute drive to Downtown Dubai, Burj Khalifa, Dubai Opera, and Dubai Mall
  • 10-minute drive to Business Bay, DIFC, and Dubai International Financial Centre

Amenities

  • Double-level infinity pool with panoramic district and skyline views
  • Golden Gardens — signature landscaped outdoor spaces for relaxation, socialising, and creative inspiration
  • Jogging and walking pathways through the shaded community grounds
  • Tennis courts and sports fields
  • Fully equipped gymnasium
  • Dedicated children’s play area
  • BBQ area and podium entertaining spaces
  • Multiple on-site dining options
  • Artist-commissioned lobbies (Sebastian Curi, Tom Brolga, Miguel Angel Camprubi)
  • Covered parking (multi-storey car park building connected to towers)
  • 24-hour security and maintenance
  • High-speed elevators
  • Balconies/terraces on all units

Layout & Floor Plan

The 2-bedroom apartments at Design Quarter Tower A cover 1,220 sq ft on a middle floor with a direct Burj Khalifa view. The typical layout includes a master bedroom, a second bedroom, an open-plan living and dining area, a kitchen, 1–2 balconies, a utility room, and select configurations include a powder room. The unit is semi-furnished — kitchen appliances, built-in wardrobes, and bathroom fixtures are in place. The exact unit number, floor, room-by-room dimensions, balcony area, and full Meraas floor plan for this specific distress unit are available on request from the listing agent quoting reference DQ-D3-2BR-001.

Payment Plan — What the Buyer Steps Into

The Design Quarter payment plan is structured 60/40: 20% was paid as a down payment at booking, 40% is paid across construction milestones, and 40% is due on handover in Q2 2027. As an off-plan secondary resale, the buyer steps into the seller’s remaining payment obligations. The seller’s original purchase price was AED 3,213,600; the buyer acquires the unit at AED 3,050,000 — saving AED 163,600 versus the OP. The buyer’s additional transaction costs: DLD transfer fee 4% = AED 122,000; trustee/conveyancing ~AED 4,200. Total indicative all-in at transfer: approximately AED 3,176,200, plus the remaining construction milestone balance and the 40% handover payment due in Q2 2027. The complete outstanding installment schedule is available on request from the listing agent.

Location & Connectivity — Dubai Design District

  • Dubai Canal Boardwalk: Adjacent — steps from d3’s main entrance
  • Ras Al Khor Wildlife Sanctuary: Immediately adjacent
  • Business Bay / DIFC: ~10 min drive
  • Downtown Dubai / Burj Khalifa / Dubai Mall / Dubai Opera: ~10 min drive
  • City Walk (Meraas): ~10 min drive
  • Dubai International Airport (DXB): ~15–20 min drive
  • Mall of the Emirates: ~20 min drive
  • Dubai Marina / JBR: ~30–35 min drive
  • Al Maktoum International Airport (DWC): ~35 min drive
  • Accessible via Ras Al Khor Road and Dubai–Al Ain Road (E66)

Why This Design Quarter 2BR Represents a Compelling Entry

  • Dual discount — 5.1% below OP and 12.6% below market: The buyer saves AED 163,600 versus the seller’s verified purchase price and AED 440,000 versus the current market. This is a motivated seller at a price point where the market has materially moved above since the original sale
  • First residences in Dubai Design District: Design Quarter Tower A gives the buyer a genuinely singular address — the world’s first apartment in d3. There are no comparable residential alternatives within this specific creative district, creating permanent scarcity premium
  • Burj Khalifa view from a middle floor: Middle floors in Tower A at 15–20 storeys deliver unobstructed direct Burj Khalifa sightlines — an iconic Dubai view at a price point that positions this unit competitively against equivalent Burj-view stock in Downtown Dubai and Business Bay
  • Meraas developer premium: Meraas developments consistently trade at premiums at resale versus comparable non-Meraas stock in adjacent communities. The developer’s placemaking reputation, finish quality, and brand recognition support above-market resale and rental values
  • d3’s creative community positioning — premium tenant profile: Dubai Design District attracts international creative professionals, fashion executives, and entrepreneurs who are among Dubai’s highest-earning and most stable tenant segment, supporting premium rents and high occupancy rates
  • AED 1.216 billion project with AED 2B+ construction contract: This is a serious, government-backed (TECOM/Dubai Holding) development with verified construction infrastructure — not a speculative off-plan product
  • 10-year UAE Golden Visa: At AED 3,050,000 the purchase exceeds the AED 2M threshold for a 10-year Golden Visa

Frequently Asked Questions (FAQs)

What is the asking price vs OP and market?

AED 3,050,000 (AED 2,500/sqft). Saving: AED 163,600 (5.1%) vs OP of AED 3,213,600; AED 440,000 (12.6%) vs market of AED 3,490,000. Both discounts confirmed and simultaneously available — rare for Meraas product.

When is handover?

Q2 2027. Arabian Construction Company LLC is on-site under a AED 2B+ contract. Meraas has a consistent on-time delivery track record across their portfolio.

Who is Meraas?

Meraas (Dubai Holding subsidiary) — creator of Bluewaters/Ain Dubai, City Walk, La Mer, Port de La Mer, The Beach JBR, Boxpark. Design Quarter is the world’s first residential development in Dubai Design District.

What is the size and view?

1,220 sqft, 2BR, middle floor (15–20), direct Burj Khalifa view, semi-furnished. 1-2 balconies, utility room. Exact unit and floor plan on request Ref: DQ-D3-2BR-001.

What does semi-furnished mean?

Kitchen appliances, built-in wardrobes, and bathroom fixtures in place — closer to move-in ready than a bare unit. Precise inventory list available on request from the listing agent.

What is the ownership type and Golden Visa?

Freehold in d3 free zone — all nationalities. At AED 3,050,000 the purchase exceeds AED 2M for a 10-year UAE Golden Visa covering buyer, spouse, children, and domestic staff.

What amenities does Design Quarter offer?

Double-level infinity pool, Golden Gardens, jogging paths, tennis courts, sports fields, gym, kids’ play area, BBQ area, on-site dining. Artist-commissioned lobbies (Sebastian Curi, Tom Brolga, Miguel Angel Camprubi). Covered parking, 24-hr security.

What are the total buyer costs at transfer?

AED 3,050,000 + DLD 4% (AED 122,000) + trustee ~AED 4,200 = ~AED 3,176,200. Agency 2% + VAT separate. Remaining construction milestones + 40% handover balance also payable — full schedule on request.

What is the investment case for d3?

World’s first residential address in Dubai Design District. 600+ international brands and creative firms drive consistent premium tenant demand. Between Downtown and Business Bay — highest-yielding rental catchment. Burj Khalifa view. Meraas brand premium. Buyer enters below OP and market simultaneously.

How do I proceed?

WhatsApp Ref: DQ-D3-2BR-001. Floor plan, OP SPA, Burj view simulation, payment schedule, and cost breakdown within 24 hours. Agent manages MOU, Meraas NOC, and DLD transfer through DistressPropertyFinder.com.

Payment_Plan

MilestonePayment%
Down_Payment20%
During_Construction40%
On_Handover40%

Features

24-hour concierge service
24-hour concierge service
24x7 Security
24x7 Security
Air Conditioning
Air Conditioning
Balcony
Balcony
Barbeque
Barbeque
Built in Wardrobes
Built in Wardrobes
Burj Khalifa View
Burj Khalifa View
CCTV Camera
CCTV Camera
Children's play areas
Children's play areas
Covered Parking
Covered Parking
Downtown Dubai
Downtown Dubai
Elevator
Elevator
Gym
Gym
Jogging Track
Jogging Track
Partly furnished
Partly furnished
Swimming Pool
Swimming Pool
Tennis Court
Tennis Court

Gallery

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