1-Bedroom Apartment for Sale in Society House, Downtown Dubai – Below OP Distress Deal

Property Overview

This 1-bedroom apartment with canal and pool views in Society House, Downtown Dubai, is offered at AED 1,950,000 as a below-original-purchase-price distress resale. The unit measures 727 sqft with a balcony, and is priced 6.9% under the seller's stated original purchase price of AED 2,094,383, ahead of the project's expected Q3 2026 handover.

Property Highlights

• 1-bedroom apartment, 727 sqft
• Canal and pool view
• Balcony
• Located in Society House, Downtown Dubai
• Developer: IGO (Invest Group Overseas)
• Handover Q3 2026
• Priced 6.9% below the seller's original purchase price

Why the Price Qualifies as a Below OP Deal

The seller's agent states an original purchase price of AED 2,094,383 for this unit. At the current asking price of AED 1,950,000, the savings amount to AED 144,383, or 6.9% below that original price. The agent's brief described this as below OP+DLD; the independently recalculated figure matches a straight below-OP comparison, so no separate DLD-related saving is represented in the numbers above. This benchmark has not been cross-checked against an independent DLD transaction record, so buyers should request the seller's original SPA for confirmation.

About the Project, Developer and Community

Society House is a residential tower by IGO (Invest Group Overseas) in Downtown Dubai, offering studios and 1- to 3-bedroom apartments and duplexes, fully or semi-furnished, with private balconies. The building sits close to Burj Khalifa, Dubai Mall and the Financial Centre, with amenities including a lap pool, fitness studio, residents' lounge and private cinema.

Layout, Floor and View

The unit has canal and pool views with a balcony, as stated by the listing agent. No specific floor number, bathroom count or furnishing status was supplied in the brief, so these details are not listed here and should be confirmed directly with the agent.

Payment Plan and Handover

The brief states an expected handover of Q3 2026, close to the Q2 2026 completion timeline cited in publicly available Society House project materials. No payment plan or SPA payment schedule was supplied for this specific unit; buyers should request SPA confirmation and remaining payment terms directly from the seller or agent.

Location and Connectivity

Society House sits within Downtown Dubai, close to Burj Khalifa, Dubai Mall and the Financial Centre. Exact distances or commute times to specific landmarks were not supplied and are not stated here to avoid invented figures.

Verification Notes

Unit-specific facts — price, original purchase price, size, bedroom count, view and balcony — are as stated in the agent's brief and have not been independently verified by DPF. The savings amount and percentage below are independently recalculated by DPF from the agent-supplied figures and match the agent's stated 6.9% exactly. The deal type has been mapped from the agent's 'below OP+DLD' label to the nearest valid classification, Below OP, as noted above. Project-level facts about Society House, its developer and Downtown Dubai are drawn from IGO's official project materials. This listing remains a draft pending DPF review and agent document verification before publication.