Studio Apartment at Celia Residence, Majan — Furnished, Ready Distress Resale

Property Overview

This is a furnished, ready studio apartment at Celia Residence in Majan (Dubailand). The 380 sqft unit is offered at AED 570,000 on a net-to-owner basis and is presented as an investment opportunity.

Property Highlights

• Type: Studio apartment
• Size: 380 sqft
• Asking price: AED 570,000 (net to owner, agent-stated)
• Rate: AED 1,500 per sqft
• Furnishing: furnished (agent-stated)
• Status: ready (agent-stated)
• Community: Majan

Deal Basis

This listing is submitted as a distress sale. No original purchase price, dated market comparison or DLD transaction was supplied, so DPF has not calculated a savings amount or discount percentage and does not state one. At AED 570,000 for 380 sqft, the asking price is AED 1,500 per square foot. Any below-original-price or below-market claim would require a supplied benchmark before it could be shown on the page.

About the Building and Community

Celia Residence is a residential building in Majan, part of the wider Dubailand area on the Sheikh Mohammed Bin Zayed Road corridor, an affordable, well-connected community of apartment buildings. Building-level facilities and the developer should be confirmed against official documentation.

Layout and Furnishing

The agent describes a furnished, ready 380 sqft studio. Exact floor level, layout, bathroom, parking, view and the furniture inventory should be confirmed on the floor plan and in the Sale and Purchase Agreement.

Verification Notes

• Agent-supplied facts: studio type, size (380 sqft), asking price (AED 570,000, net to owner), furnished, and ready status.
• DPF-calculated figure: price per square foot (AED 1,500).
• No benchmark supplied: no original purchase price, dated market comparison or DLD transaction, so no savings amount or percentage is calculated or stated. Property is ready; provisionally classified 'Below Market' on the distress submission, with no below-market or discount claim made in the page copy pending a supplied benchmark.
• Building/location: confirmed by the operator as Celia Residence in Majan. Public sources list a 'Celia Heights (Residences)' at Majan by Abou Eid Development; confirm the exact building name and developer for the CMS.
• 'Great investment' is agent marketing; 'net to owner' is an agent pricing term.