Studio Apartment with Balcony in The Central Downtown, Arjan – High Floor, 20% Below OP

Property Overview

This is a 466 sq ft studio apartment with a balcony on a high floor of The Central Downtown, an Aqua Properties development in Arjan, Dubai. It is listed at AED 626,400 against an agent-stated original purchase price of AED 783,000, which is AED 156,600 or 20.0% below OP. The project combines residential towers with a retail podium.

Property Highlights

• Asking price: AED 626,400
• Original purchase price (agent-stated): AED 783,000
• Saving against OP: AED 156,600 (20.0%)
• Size: 466 sq ft
• Asking rate: approximately AED 1,344 per sq ft (OP rate approximately AED 1,680 per sq ft)
• Type: studio apartment with balcony
• Floor: high floor
• Developer: Aqua Properties

Why the Price Qualifies as Below OP

The agent brief supplies a labelled original purchase price of AED 783,000 and a selling price of AED 626,400. Because the asking price is lower than the stated OP, DPF classifies this listing as Below OP.

• Saving: AED 783,000 minus AED 626,400 equals AED 156,600.
• Percentage: AED 156,600 divided by AED 783,000 equals 20.0%, matching the agent's stated figure.
• Rate per sq ft: AED 626,400 divided by 466 sq ft equals approximately AED 1,344.

The benchmark is the seller's original purchase price as reported in the agent brief received on 2026-10-01. It is not a DLD transaction record or a market valuation, so it does not by itself show the unit is below current market value. Buyers should confirm the OP from the seller's SPA or Oqood registration.

About the Project, Developer and Community

The Central Downtown is a four-tower residential development by Aqua Properties, launched in early 2024 on a large plot in Arjan. Launch coverage described around 1,168 homes across studio, one-, two- and three-bedroom layouts, set above a shopping mall of roughly 150,000 sq ft at podium level. This retail base is the mall component referred to in the agent's brief.

The developer has marketed an extensive amenity programme, including a rooftop podium with a wave pool, jacuzzi and multipurpose hall, along with a gym and health club, yoga room, children's play area, outdoor cinema and sports courts. The final amenity schedule should be confirmed with the developer at handover.

Arjan is a residential district in Dubailand, close to Al Barsha South and near attractions such as Dubai Miracle Garden. It is mostly made up of mid-rise and high-rise apartment buildings.

Layout, Floor and View

The agent confirms a studio of 466 sq ft with a balcony, on a high floor. The tower, unit number, exact floor, view, parking and furnishing were not supplied, so they are not stated here. Ask for the unit floor plan to confirm the internal and balcony areas.

Payment Plan and Handover

The agent brief does not state handover timing, the payment plan or the amount already paid. Published project information lists the development as under construction, with completion quoted around mid-2027. The developer has marketed a post-handover payment plan for the project. Buyers should confirm the completion date, amount paid and outstanding instalments against the SPA and the developer's statement of account.

Location and Connectivity

The Central Downtown sits near the junction of Sheikh Mohammed Bin Zayed Road and Umm Suqeim Street, giving road access towards Al Barsha, Dubai Hills Estate and other parts of Dubai. Journey times vary with traffic, so DPF does not quote fixed minutes for this listing.

Verification Notes

• Agent-supplied facts: project, Arjan location, studio type, 466 sq ft, high floor, balcony, OP and asking price.
• DPF-calculated figures: saving amount, saving percentage and price per sq ft.
• External research: developer, tower count, retail mall, amenities and construction status from launch coverage and the project's portal page.
• Not supplied: tower, unit number, exact floor, view, parking, furnishing, amount paid, payment plan and handover date for this unit.