Distress Sale: 2BR High Floor in Design Quarter at d3, Dubai Design District

15% Below OP | High Floor | 1,167 Sqft | Burj Khalifa & Canal Views | May 2027 | AED 2,795,650

This is an urgent distress listing for a 2-bedroom high-floor apartment in Design Quarter at d3 by Meraas, Dubai Design District (d3), Dubai, UAE. The seller’s original purchase price was AED 3,289,000. The distress selling price is AED 2,795,650 — a direct saving of AED 493,350 (15%) below the original purchase price. Including the 4% DLD the seller paid at Oqood registration (~AED 131,560), the buyer saves approximately AED 624,910 (18.27%) versus the seller’s total all-in acquisition cost of approximately AED 3,420,560. The seller is urgent and highly motivated. At 1,167 sq ft on a high floor with Burj Khalifa and Dubai Water Canal views, two bedrooms with walk-in closets and en-suite bathrooms, a private balcony, a utility room, and a handover target of May 2027 — this is a compelling entry into one of Meraas’ most creatively distinctive and architecturally celebrated residential developments. Design Quarter at d3 represents the world’s first residences inside Dubai Design District — a genuinely irreplaceable address claim that no future development can replicate or compete with, providing a structural brand premium and permanent scarcity value for this and all future sales in the project.

Property Highlights

• Project: Design Quarter at d3
• Developer: Meraas (Dubai Holding)
• Location: Dubai Design District (d3), Za’abeel Second, Dubai
• Unit Type: 2 Bedroom Apartment
• Size: 1,167 sq ft
• Floor: High Floor
• Views: Burj Khalifa and Dubai Water Canal
• Balcony: Yes — private balcony (all 2BR units include at least one balcony)
• Utility Room: Yes — standard for Design Quarter 2BR units
• Wardrobes: Walk-in closets in both bedrooms
• Bathrooms: En-suite per bedroom (2BR standard)
• Parking: Covered parking
• Handover: May 2027 (Q2 2027)
• Payment Plan: 60/40 (20% down + 40% construction + 40% handover)
• Original Purchase Price (OP): AED 3,289,000
• Seller’s 4% DLD: ~AED 131,560
• Seller’s Total Entry (OP+DLD): ~AED 3,420,560
• Distress Selling Price: AED 2,795,650
• Saving vs OP: AED 493,350 (15.0%)
• Saving vs OP+DLD: ~AED 624,910 (~18.27%)
• Entry Price per Sqft: AED 2,395/sqft
• Current Meraas Starting Price (2BR d3): AED 3,289,000+
• Saving vs Current Developer Price: AED 493,350 (15%) below
• Ownership: Freehold — available to all nationalities
• Status: Off-Plan | Under Construction

About Design Quarter at d3 — The World’s First d3 Residences

Design Quarter at d3 is Meraas’ flagship residential development within Dubai Design District — the world’s first and only residential project inside d3, delivering a genuinely irreplaceable address claim. Developed by Meraas (a Dubai Holding company), the same developer behind Bluewaters Residences, Port de La Mer, City Walk Residences, and BVLGARI Residences, Design Quarter at d3 comprises three architecturally distinctive towers in the Za’abeel Second sub-district of d3, positioned on the banks of the Dubai Water Canal. Phase 1 delivers 558 units across the three towers, ranging from 1-bedroom to 3-bedroom apartments, lofts, penthouses, and 3-bedroom duplexes, in sizes from 795 sq ft to 3,325 sq ft. 2-bedroom apartments range from approximately 1,100 to 2,000+ sq ft. The development is designed with a creative-lifestyle philosophy — echoing the identity of d3 as Dubai’s hub for design, fashion, architecture, and art. Meraas collaborated with internationally acclaimed visual artists Sebastian Curi, Tom Brolga, and Miguel Angel Camprubi to embed original artworks throughout the lobbies, common areas, and building elements — making Design Quarter one of the few residential developments in Dubai where fine art is a structural component of the architectural experience rather than a decorative afterthought. The interiors follow a Scandi-inspired design language: fresh white walls, warm timber accents, high ceilings, floor-to-ceiling windows, walk-in closets, and spacious open-plan layouts that maximise natural light. Every 2-bedroom unit includes at least one balcony, a utility room, and walk-in closets in all bedrooms. Handover is targeted May 2027.

Community and Lifestyle — Dubai Design District (d3)

• Dubai Design District (d3) is Dubai’s and the region’s premier creative industry hub — home to 500+ global and local companies in design, fashion, architecture, luxury, beauty, and technology, including LVMH, Yves Saint Laurent, Christian Dior, Bulgari, Chanel, Rolex, and hundreds of independent design and creative studios
• d3 is situated on the Dubai Water Canal waterfront, directly adjacent to Business Bay and Downtown Dubai — one of the most centrally connected cultural addresses in the city
• Golden Gardens — d3’s celebrated outdoor park with lush landscaping, shaded pathways, and a waterfront promenade — runs directly through the district, accessible from Design Quarter
• The Dubai Water Canal towpath provides a continuous cycling and walking route connecting d3 to Business Bay, Downtown, and beyond
• Dubai Mall and the Burj Khalifa are approximately 8–10 minutes by car; Downtown Dubai and Dubai Opera are approximately 10 minutes
• Ras Al Khor Wildlife Sanctuary — one of Dubai’s most important natural reserves, home to 450+ bird species including flamingos — is approximately 5 minutes, visible from the building’s upper floors
• Dubai Design District Marine Transport Station provides direct water taxi links across Dubai Creek and to Business Bay; Dubai Design District Bus Stop (D03) is a 4-minute walk; Burj Khalifa/Dubai Mall Metro Station (Red Line) is approximately 8 minutes by car
• The Dubai Institute of Design and Innovation (DIDI) — a globally accredited design university — is within d3 itself, generating a sustained creative and professional resident community
• Blossom Design District Nursery and Kids Castle Nursery are within d3; Hartland International School and North London Collegiate School Dubai are approximately 10–15 minutes
• 2-bedroom apartments in d3 achieve annual rents of approximately AED 170,000–220,000 — implying a gross yield of approximately 6.1%–7.9% at the AED 2,795,650 distress price, versus only 5.2%–6.7% at the original purchase price of AED 3,289,000. The distress entry materially enhances investment returns

Amenities

• Double-level infinity pool with Burj Khalifa views
• Podium BBQ area and outdoor terrace
• Fully equipped gymnasium
• Tennis courts
• Basketball courts
• Jogging tracks and running paths
• Cycling tracks
• Lush gardens and green spaces (Golden Gardens access)
• Children’s play area and kids’ pool
• Dining options within the development and across d3
• Retail outlets within d3 community
• Art-integrated lobbies and common areas (Sebastian Curi, Tom Brolga, Miguel Angel Camprubi)
• Covered parking
• High-speed elevators
• 24-hour security and maintenance
• Dubai Water Canal towpath (cycling and walking) — adjacent
• Golden Gardens (d3 park) — adjacent
• d3 Marine Transport Station — within community

Layout and Floor Plan

Design Quarter 2-bedroom apartments range from approximately 1,100 to 2,000+ sq ft depending on floor type and tower. This distress unit is 1,167 sq ft — a compact, efficient 2-bedroom configuration on a high floor, designed with open-plan living as the central principle. The layout for Design Quarter 2-bedroom apartments includes: two bedrooms each with en-suite bathroom and walk-in wardrobe, an open-plan living and dining area with floor-to-ceiling windows, a private balcony with Burj Khalifa or Dubai Water Canal views, a modern fitted kitchen, a utility room, and a powder room on select layouts. The Scandi-inspired interior design palette — fresh white walls, timber accents, warm lighting — and the floor-to-ceiling windows maximise natural light and the elevated city and canal views. On a high floor of Design Quarter, the views encompass the Burj Khalifa skyline, the Dubai Water Canal, and the distinctive low-rise creative district landscape of d3 below — a genuinely unique urban panorama. The exact floor plan type, tower, floor level, and unit position are available on request quoting reference DSGQTR-D3-2BR-1167-HF-001.

Payment and Handover

Design Quarter at d3 was launched with a 60/40 payment plan: 20% down payment on booking, 40% during construction in staged installments, and 40% on handover in May 2027. This is an off-plan SPA assignment. The buyer assumes the seller’s outstanding payment obligations per the original Meraas schedule. The 40% balance due at May 2027 handover can be financed by UAE bank mortgage, including for non-resident buyers — enabling investors to generate rental income from day one of delivery to offset repayments. On assignment: DLD 4% (~AED 111,826 on AED 2,795,650) + trustee fee (~AED 4,200) + buyer agency ~2% (~AED 55,913) = approximately AED 2,967,589 all-in at assignment (before remaining construction installments). Full paid/outstanding installment breakdown and original Meraas SPA are available on request.

Location and Connectivity

• Dubai Water Canal towpath: adjacent — direct walking/cycling access
• d3 Marine Transport Station: within community — water taxi connectivity
• d3 Bus Stop (D03): approximately 4 minutes walk
• Ras Al Khor Road / Al Khail Road: approximately 5 minutes by car
• Ras Al Khor Wildlife Sanctuary: approximately 5 minutes by car
• Dubai Mall: approximately 8 minutes by car
• Burj Khalifa / Downtown Dubai: approximately 10 minutes by car
• Dubai Opera: approximately 11 minutes by car
• Burj Khalifa/Dubai Mall Metro Station (Red Line): approximately 8 minutes by car
• Business Bay / DIFC: approximately 10 minutes by car
• Dubai International Airport (DXB): approximately 15 minutes by car
• City Walk: approximately 12 minutes by car
• Dubai Hills Mall: approximately 15 minutes by car
• Dubai Marina: approximately 25–30 minutes by car
• Al Maktoum International Airport (DWC): approximately 35 minutes by car

Why Buy This Design Quarter Unit Now

• 15% below OP — AED 493,350 saving; 18.27% below OP+DLD: The seller exits at AED 493,350 below original price and absorbs AED 624,910 versus their total all-in cost including DLD — immediate embedded equity for the buyer before May 2027 delivery
• 15% below current Meraas developer pricing: Meraas’ current published starting prices for 2BR units in Design Quarter are at or above AED 3,289,000. The buyer at AED 2,795,650 acquires a high-floor, canal-view 2BR unit at below what Meraas charges today — in a project with a nearer delivery date than any new Meraas d3 launch could provide
• AED 2,395/sqft — exceptionally competitive for Meraas d3: Meraas-branded properties consistently trade at significant premiums to non-branded equivalents. An entry at AED 2,395/sqft for a high-floor Meraas apartment with Burj Khalifa and canal views in d3 is materially below the brand’s typical secondary market positioning — confirmed by the fact that the seller’s OP of AED 3,289,000 already implies Meraas’ own launch psf was AED 2,820/sqft
• World’s first d3 residences — permanently irreplaceable address: Design Quarter at d3 will always be the first and founding residential address in Dubai Design District. This first-mover status is permanently non-replicable — any future residential development in d3 will be described relative to Design Quarter, and Design Quarter Phase 1 residents will always have owned the earliest and most storied addresses in the district
• High floor — Burj Khalifa and canal panorama: From a high floor in Design Quarter, the Burj Khalifa skyline and the Dubai Water Canal create a dual urban panorama unique to d3’s position between Downtown Dubai and the waterfront. This view combination directly supports above-average rents and resale premiums within the project
• Meraas developer pedigree — BVLGARI, Port de La Mer, Bluewaters: Meraas is one of Dubai’s most trusted luxury developers, with a portfolio including BVLGARI Residences, Bluewaters Residences, Port de La Mer, Nikki Beach Residences, and City Walk Residences. All Meraas projects have delivered on time and above initial pricing expectations. Design Quarter is Meraas’ creative flagship — and the Meraas brand provides a resale and rental premium versus non-branded equivalents in the same location
• Fine art integration — a global residential first: Meraas’ collaboration with Sebastian Curi, Tom Brolga, and Miguel Angel Camprubi to embed original artworks throughout the development is not decorative window-dressing — it is a fundamental design philosophy that makes every unit in Design Quarter a home within a curated art environment. This is genuinely rare globally and provides a compelling narrative for high-net-worth buyers and tenants
• 40% mortgageable at handover: The 40% balance at May 2027 can be financed by UAE bank mortgage, enabling investors to generate rental income from day one to offset repayments
• d3 is Dubai’s fastest-appreciating creative district: Dubai Design District continues to attract major international luxury and creative brands, driving the highest concentration of high-income creative professionals per square kilometre in any Dubai district. This tenant demographic commands the highest 1BR and 2BR rents relative to apartment size anywhere in Dubai
• Golden Visa eligible: At AED 2,795,650 — above the AED 2M threshold — the buyer qualifies for the UAE 10-year Golden Visa

Frequently Asked Questions (FAQs)