Lagoon & Community Views | 2,035 Sqft | Floors 1–6 | Balcony | AED 3,970,000
This is a verified distress listing for a 3-bedroom plus maid's room apartment in Naya 1 by Nakheel, located in District One, Mohammed Bin Rashid City (MBR City), Dubai, United Arab Emirates. The seller's total acquisition cost — original purchase price of approximately AED 4,519,231 plus the full 4% DLD Oqood fee of approximately AED 180,769 — was AED 4,700,800. The distress selling price is AED 3,970,000 — a saving of AED 730,800, which is 15.5% below the seller's all-in entry cost. This is one of the deepest distress discounts available on a 3-bedroom apartment in District One and one of the largest absolute discounts in the Naya series relative to total acquisition cost. At 2,035 sq ft on floors 1–6 with lagoon and community views, a balcony, a maid's room, and handover Q3 2027, this unit delivers access to one of Dubai's most coveted waterfront communities — the Crystal Lagoon-centred District One masterplan — at a 15.5% below-cost entry. The entry price per sqft at AED 3,970,000 is AED 1,950/sqft versus MBR City's reported average sales psf appreciation, underpinning the scale of the discount.
Property Highlights
- Project: Naya 1 (Building 1 of three in the Naya series)
- Developer: Nakheel Properties (managed by Nakheel; master developer Meydan)
- Master Community: District One, Mohammed Bin Rashid City (MBR City)
- Unit Type: 3 Bedroom + Maid's Room Apartment
- Size: 2,035 sq ft
- Floors: 1–6 (lower floor band)
- View: Lagoon and community views
- Balcony: Yes — all Naya apartments feature balconies with lagoon or garden outlooks
- Maid's Room: Yes — with en-suite bathroom
- Windows: Floor-to-ceiling panoramic glass as standard in Naya
- Architecture: Three distinctive green-roof towers; floor-to-ceiling glass; resort-inspired design
- Parking: Covered parking (exact allocation per unit available on request)
- Handover: Q3 2027 (July 2027)
- Payment Plan: 80/20 (20% down + 60% construction + 20% handover)
- Seller's OP (estimated): ~AED 4,519,231
- Seller's DLD (4%): ~AED 180,769
- Seller's Total Entry Cost (OP+DLD): AED 4,700,800
- Distress Selling Price: AED 3,970,000
- Discount: AED 730,800 (15.5% below total entry cost)
- Entry Price per Sqft: AED 1,950/sqft
- Ownership: Freehold — available to all nationalities
- Status: Off-Plan | Under Construction
About Naya 1 – District One, MBR City
Naya at District One is a landmark resort-inspired residential development by Nakheel — managed by Nakheel Properties and developed within the District One masterplan by Meydan Group. The project comprises three distinctive towers (13, 17, and 20 storeys respectively — Naya 1 rising to 19 floors) with green-planted rooftops, floor-to-ceiling glass facades, and resort-quality amenities, set on the shores of the world's largest man-made Crystal Lagoon within District One. The development offers 1, 2, 3, and 4-bedroom apartments, 4-bedroom penthouses, and 3-bedroom lagoon villas on the ground floor. Construction commenced in October 2023, with handover targeted for July 2027, being carried out by Bhatia General Contracting. Naya is described by Meydan as “a one-of-a-kind resort-inspired oasis of greenery and pristine waters in the heart of Dubai.” District One is the broader master community — one of the most exclusive low-density luxury developments in MBR City — featuring 60% of its 26-million-square-foot area dedicated to open green spaces, the world-famous 7-km Crystal Lagoon, 14 km of lagoon shoreline living, and over 8 km of dedicated cycling and running tracks.
Community and Lifestyle
- District One is MBR City's most prestigious sub-community — a low-density luxury enclave directly alongside the world's largest man-made Crystal Lagoon
- 26 million sq ft master development with 60% green space — one of the highest green ratios of any Dubai community, providing an estate-like privacy and resort quality of daily life
- 7 km Crystal Lagoon with turquoise water, white sand beaches, and kayak and paddleboard access for residents
- 14 km of lagoon shoreline; 8.4 km of dedicated cycling and running tracks; 30+ sports facilities
- Meydan Racecourse and Grandstand — home to the Dubai World Cup — approximately 10 minutes by car
- Bilingual French International School (rated 'Very Good') at 1.2 km; Hartland International School ('Very Good') nearby; 8 schools rated 'Very Good' or 'Outstanding' within the wider area
- MBR City average sale prices rose 45.6% year-on-year — one of Dubai's strongest capital appreciation communities
- Average gross rental yield in MBR City is approximately 6%, with yields reaching 7–8% in the Naya/District One corridor — exceptional for a community at this luxury price point
- 4 km from Downtown Dubai; 4 minutes to Al Khail Road; 24 minutes to Downtown by car per Meydan
Amenities
- Infinity swimming pool with Crystal Lagoon views and cabana seating
- Shaded children's pool
- Rooftop terrace and lounge area with panoramic views
- State-of-the-art gymnasium with fitness studios
- Basketball court
- Padel court
- Running and jogging tracks (building-level and community-level)
- Children's indoor and outdoor play areas
- Kids' club
- Sports facilities and multi-purpose courts
- Lounge areas and social gathering spaces
- Landscaped gardens with green-roof tower design
- 7 km Crystal Lagoon (District One — direct lagoon access)
- White sand beach areas along the lagoon
- 8.4 km cycling and running tracks (District One)
- Retail and dining outlets within District One
- Mosque and community facilities within the masterplan
- 24-hour security and access-controlled community
- Covered parking
Layout and Floor Plan
Naya 3-bedroom apartments range from approximately 1,835 to 2,583 sq ft across the three Naya buildings. This distress unit is 2,035 sq ft — a mid-range 3-bedroom configuration on floors 1–6. The layout for 3-bedroom plus maid's units in Naya includes three bedrooms (each with en-suite or shared bathroom access), a dedicated maid's room with en-suite bathroom, a living and dining area with floor-to-ceiling windows facing the lagoon and community, a fully fitted kitchen, a balcony, a laundry room, and built-in wardrobes throughout. The lagoon and community view orientation on floors 1–6 delivers a direct outlook over Naya's podium greenery and landscaping toward the Crystal Lagoon — a resort-hotel quality view at a residential scale. The exact floor plan, unit number, and building orientation within Naya 1 are available on request quoting reference NAYA1-D1-3BR-2035-LV-001.
Payment and Handover
Naya 1 was launched with an 80/20 payment plan: 20% down payment on booking, 60% during construction in staged installments, and 20% on handover in Q3 2027 (July 2027). This is an off-plan SPA assignment. The buyer assumes the seller's outstanding payment obligations per the original Nakheel schedule. On assignment: DLD Oqood transfer fee 4% applies on the distress price — approximately AED 158,800 on AED 3,970,000. A trustee fee of approximately AED 4,200 also applies. Buyer agency fee is typically 2% (~AED 79,400). The full paid-versus-outstanding installment breakdown and original Nakheel SPA are available on request. Note: Naya 1 service charges are AED 20 per sq ft — approximately AED 40,700 per year for this 2,035 sq ft unit. This should be factored into the annual holding cost and rental yield calculation.
Location and Connectivity
- Al Khail Road (E44): approximately 4 minutes — primary highway access
- Downtown Dubai / Burj Khalifa: approximately 24 minutes by car (4 km as per Meydan)
- Dubai Mall: approximately 24 minutes by car
- Dubai International Airport (DXB): approximately 20 minutes by car
- DIFC: approximately 15 minutes by car
- Business Bay: approximately 10–12 minutes by car
- Meydan Racecourse: approximately 10 minutes by car
- Meydan One Mall (planned): adjacent to the District One masterplan
- Dubai Opera: approximately 25 minutes by car
- Ras Al Khor Wildlife Sanctuary: approximately 10 minutes by car
- Al Maktoum International Airport (DWC): approximately 38 minutes by car
- 7 km Crystal Lagoon: direct access within District One community
Why Invest in Naya 1, District One, MBR City
- 15.5% below OP+DLD — AED 730,800 saving: One of the most significant distress discounts on a 3-bedroom unit in District One — a market where comparable 3-bedroom apartments are typically transacting at AED 4,700,000+ on the primary market
- AED 1,950/sqft entry — District One price context: With MBR City average sale prices rising 45.6% year-on-year and District One's Crystal Lagoon-facing addresses commanding AED 2,500–4,000/sqft in comparable waterfront positions, the distress entry of AED 1,950/sqft represents meaningful potential appreciation runway to handover and beyond
- Nakheel and Meydan delivery certainty: Naya is a Meydan/Nakheel joint project — both government-linked entities with the development capability, financial backing, and track record to deliver on schedule. Construction commenced October 2023 with Bhatia General Contracting executing the build to July 2027
- World's largest Crystal Lagoon — irreplaceable address: District One's 7 km Crystal Lagoon is a permanently fixed, unique amenity — no competing development in Dubai can replicate 7 km of man-made turquoise lagoon at this central, 4 km-from-Downtown location. This structural scarcity is the primary driver of District One's sustained price appreciation and tenant demand premium
- 3BR+maid in a 60% green space community: A 3-bedroom family apartment with maid's room in a community where 60% of the land is open green space — with a Crystal Lagoon, cycling tracks, white sand beaches, and resort amenities — at this price point is exceptionally rare in central Dubai
- MBR City 45.6% YoY price growth: The strongest year-on-year price appreciation of any Dubai community tracked in 2025 — confirmed by Bayut/DLD data. Buying at 15.5% below OP+DLD in the top-growing community in Dubai is a compelling compounding thesis
- Rental yield 6–8%: MBR City delivers average gross yields of approximately 6% for 1-bedroom units, with higher-end configurations in District One achieving 7–8% due to the premium tenant profile attracted to the lagoon lifestyle address
- Q3 2027 handover: Approximately 24 months away — manageable construction timeline with clear Nakheel/Meydan delivery visibility
- Golden Visa eligible: At AED 3,970,000 — well above the AED 2M threshold — the buyer qualifies for the UAE 10-year Golden Visa
Golden Visa eligibility, rental and yield figures, handover timing and transport connectivity described above reflect source information published as at 17 August 2026 and can change. Confirm current status before relying on them.