This Fern 1-bedroom apartment is available for immediate purchase at AED 2,100,000. As the property is a secondary market (handover soon) transaction, the buyer can structure the payment directly with the seller. Below is a general guideline for the purchase process.
Typical Secondary Market Payment Structure
- Reservation Deposit: 5–10% (AED 105,000–210,000) — to secure the unit and stop marketing
- Transfer Fee (Oqood & Trustee): 4% of property price + admin fees (approx. AED 84,000 + AED 5,000)
- NOC Fees: From wasl Property — approx. AED 5,000–10,000
- Mortgage Processing (if applicable): 1% of loan amount + processing fees
- Remaining Balance: To be agreed between buyer and seller
Why Buy Now at AED 2,100,000?
- AED 200,000 below lowest transaction — lowest recorded deal in City Walk over 6 months
- Handover soon — no waiting for off-plan delivery
- Motivated seller — flexible on terms and closing timeline
- Meraas quality — backed by Dubai's leading developer
Negotiation Opportunity
The seller has indicated the price is negotiable for serious buyers. A motivated buyer who can move quickly may be able to secure an even better price. Contact Distress Property Finder for the latest seller position and to arrange a consultation.