Palm Jumeirah Signature Villa on 15,000 Sq Ft Plot, Cash Distress Sale

Property Overview

This signature villa on Palm Jumeirah is offered as a cash-only distress sale at AED 68,000,000. It has 9,000 sq ft of built-up area on a 15,000 sq ft plot. That works out to about AED 7,556 per sq ft of built-up area, or AED 4,533 per sq ft of plot. The agent describes it as an ultra-luxury property.

Property Highlights

• Asking price: AED 68,000,000
• Built-up area: 9,000 sq ft
• Plot size: 15,000 sq ft
• Price per sq ft (BUA): AED 7,556
• Price per sq ft (plot): AED 4,533
• Property type: Signature villa
• Payment: Cash buyers only
• Location: Palm Jumeirah, Dubai

Why This Is Listed as a Distress Deal

The agent markets this villa as a distress sale. No original purchase price, DLD transaction or dated market comparison was supplied, so DPF cannot measure a discount. Signature villa values on Palm Jumeirah depend heavily on frond position, beach frontage, orientation and renovation. Buyers should compare this price with recent DLD transactions for villas of a similar plot and built-up area before making an offer.

About Palm Jumeirah

Palm Jumeirah is Nakheel's palm-shaped island off the Dubai coast. Most of its villas line the fronds, and many have direct beach access. The island remains one of Dubai's most sought-after addresses for high-value homes.

Layout and Plot

The agent supplied the 9,000 sq ft built-up area and the 15,000 sq ft plot. The bedroom count, frond, villa number, view, beach frontage, pool and renovation status were not supplied. Request the title deed, site plan and floor plans.

Transaction Terms

The seller is accepting cash buyers only. Dubai Land Department transfer fees are typically 4%, or about AED 2,720,000 at this price, plus registration, trustee and brokerage costs. Confirm there is no outstanding mortgage and obtain a Nakheel NOC before transfer.

Verification Notes

• Agent-supplied facts: location, villa type, BUA, plot size, ultra-luxury description, cash-only terms and asking price.
• DPF-calculated figures: price per sq ft on BUA and plot, and the indicative DLD fee.
• Not supplied: bedrooms, frond and villa number, view, price benchmark, occupancy and furnishing.