Urgent Sale | 22.7% Below OP | 1 BR in Evergr1n House

Overview of the deal

This is a resale of a one-bedroom apartment at Evergr1n House by Object 1, in Jumeirah Garden City, Al Satwa. The asking price is AED 1,780,000. The owner states the original price plus the 4% DLD fee as AED 2,303,794, and the asking price is AED 523,794, or 22.7%, below that figure. The building is still under construction, and handover is scheduled for Q4 2026, which has not yet arrived.

Because the apartment is close to completion, it sits at the late end of off-plan properties Dubai buyers can take over on resale: most of the waiting is done, and one large payment remains at handover.

The unit

Details as given by the owner:

• 1 bedroom

• Size: 910 sq ft

• Low floor, between levels 2 and 5

• Community view

• Private balcony

• Corner unit

The exact floor is not fixed in the listing, so confirm it with the floor plan at enquiry. If you are shortlisting a 1 bedroom apartment Dubai buyers can compare by size, the 910 sq ft figure and corner position are the facts to weigh first.

The building and community

Evergr1n House is in Jumeirah Garden City, part of Al Satwa, which the owner's text describes as a central Dubai location. The developer, Object 1, is a Dubai company known for contemporary architecture and design-focused residences. We have no confirmed amenities list for the building, so ask us for the developer's latest specification if facilities matter to you.

Price, discount and payment position

The discount is measured against the original price plus the 4% DLD fee, exactly as the owner gives it, not against a current valuation. At transfer, the buyer pays:

• Payment to seller: AED 672,406

• DLD transfer fee (4% of the original price plus AED 40): AED 88,647

• Trustee office fee: AED 5,250

• Buyer's agency commission (2% plus VAT): AED 37,380

The owner puts the total due on transfer at AED 803,683. The remaining AED 1,107,594 falls due on handover, and the owner gives the total cost for the buyer, fees included, as AED 1,911,277.

With handover scheduled for Q4 2026, the gap between transfer and the final payment is short, so have the handover amount or your financing ready before you sign.

Why this deal and for whom

The stated discount and the short wait to completion are the main reasons to look. Set against other properties for sale in Dubai at a similar price, compare the full AED 1,911,277 cost, not the asking price alone.

It suits a buyer who wants to live centrally soon, or someone weighing Dubai property investment who prefers a short wait over a multi-year build. Returns are not guaranteed, and value after handover will depend on the market then.

What happens next

Urgent sale terms change quickly, and a unit may be reserved, sold or repriced before this page is updated, so verify every figure at enquiry. The usual steps are:

• Contact Mahboob Estate to confirm availability and price.

• Review the seller's payment record and the developer's statement of account.

• Sign a memorandum of understanding with the seller.

• Obtain the developer's no-objection certificate.

• Complete the transfer at a trustee office and pay the amounts due.

• Prepare the handover payment and attend the handover inspection.

If this is the first time you buy property in Dubai or deal in Dubai real estate on resale, our team will walk you through each step before any money moves.

FAQ

What is the 22.7% discount based on?

The owner states the original price plus the 4% DLD fee as AED 2,303,794, and the asking price is AED 523,794, or 22.7%, below it. It is not a valuation and should be verified at enquiry.

How much is due on transfer?

The owner gives the total due on transfer as AED 803,683, which covers the payment to the seller, the DLD transfer fee, the trustee office fee and agency commission.

When is handover?

Handover is scheduled for Q4 2026, with completion recorded as December 2026. That date has not passed yet, so confirm the latest schedule with the developer.