Property Overview
This is an off-plan studio apartment resale in Reportage Verdana 2, a Reportage Properties development in Dubai Investments Park (DIP), Dubai. With a stated size of approximately 362 sq ft, it is offered at AED 508,000, or about AED 1,403 per sq ft, and is marketed as a below-market resale.
Property Highlights
- Off-plan studio resale in Reportage Verdana 2, Dubai Investments Park
- Approximately 362 sq ft
- Marketed as below the current market for comparable Verdana studios
- Green, family-oriented community with pools and gardens
- Asking price of AED 508,000 (approximately AED 1,403 per sq ft)
Deal Classification and Pricing
This is a distress listing classified as Below Market. The agent indicates the AED 508,000 asking price sits below the current market for comparable Verdana studios. Based on the stated size of approximately 362 sq ft, this works out to about AED 1,403 per sq ft.
The specific dated market comparable supporting this classification was not included in the written brief and is to be recorded on DPF's evidence file before publishing. It is worth noting that the seller's stated original purchase price of AED 483,525 is below the asking price, so this is not a below-original-price discount; the below-market basis relates to the current market rate and requires a market comparable to substantiate. The agent also markets the unit as the "lowest priced studio off-plan resale in Verdana 2, DIP" — an agent-supplied marketing claim that has not been independently verified by DPF.
Layout and Interior
The brief describes a studio apartment of approximately 362 sq ft. Bathroom, parking, floor, view and furnishing were not supplied and should be confirmed. Reportage's Verdana projects at DIP typically feature double-glazed windows, private balconies and access to shared amenities. To keep this listing accurate, no unit-specific details beyond those supplied have been added.
About the Project, Developer and Location
Reportage Properties is a Dubai-based developer known for value-oriented communities. Its Verdana development at Dubai Investments Park offers studios and apartments in a green, low-rise setting, with shared amenities including swimming pools, a gymnasium, children's play areas, landscaped gardens and dedicated parking. Dubai Investments Park is a large planned district in south-western Dubai combining residential, commercial and industrial zones, with residential pockets screened by green corridors, close to international schools and the growing Al Maktoum International Airport. Handover for this Verdana phase is reported around Q4 2026, though buyers should confirm the exact project, phase and timeline, as Reportage uses several similar Verdana names at DIP.
Payment Plan and Handover
This is an off-plan resale, so the buyer takes over the seller's position subject to the developer's transfer process and the signed SPA. Reportage's Verdana projects are offered on flexible payment plans; the amount paid to date, outstanding balance, transfer fees and exact handover date for this unit were not supplied and must be confirmed.
Location and Connectivity
Dubai Investments Park is connected via Sheikh Mohammed Bin Zayed Road and Emirates Road, with proximity to Expo City, Jebel Ali and Al Maktoum International Airport. Specific drive times were not supplied and are not stated here to avoid unverified claims; buyers should confirm distances to their own key destinations.
Verification Notes
- Agent-supplied facts: studio apartment, approximately 362 sq ft, off-plan status, AED 508,000 asking price and a stated original purchase price of AED 483,525.
- Deal classification: Below Market, supplied by the operator, but no dated market comparable was provided and must be logged. The asking price is above both the stated OP and OP plus the standard 4% DLD, so this is not a below-OP or OP + DLD Covered discount; the intended deal type should be confirmed.
- Calculated by DPF: an indicative AED 1,403 per sq ft from the asking price and stated size.
- Researched project facts: developer (Reportage Properties), DIP location, amenities and the approximate Q4 2026 handover were taken from Reportage/market sources; the exact Verdana project and phase should be confirmed.
- The agent's marketing description is preserved as an attributed claim and is not presented as DPF-verified fact.