Urgent Sale | 10.7% Below OP | 7 BR Villa in Karl Lagerfeld Villas

Overview of the deal

A seven-bedroom villa at Karl Lagerfeld Villas, the Taraf Properties project in District 11, Mohammed Bin Rashid City, is available as an urgent sale at AED 23,500,000. The seller puts the original price plus the 4% DLD fee at AED 26,328,640, so the asking price is AED 2,828,640 lower, a discount of about 10.7%.

The villa is under construction, with handover expected in 2027. Resales like this come up when an owner needs to sell within a shorter timeframe. Few villas for sale in Dubai at this size reach the market below their original price, so the figures below deserve a close check.

The unit

A large family villa over three levels, with outdoor space and a pool of its own.

• Built-up area: approximately 13,006 sq ft

• Plot: approximately 10,706 sq ft

• Levels: ground plus two floors (G+2)

• Private swimming pool

• Balcony and parking

• Expected handover: 2027

The building and community

Karl Lagerfeld Villas is developed by Taraf Properties in District 11 of Mohammed Bin Rashid City, and the project carries the Karl Lagerfeld name.

Our listing does not include a confirmed amenities list or developer profile for the project. Ask us for the current brochure and floor plans.

Price, discount and payment position

The asking price is AED 23,500,000. On transfer, the buyer pays:

• Payment to seller: AED 12,107,800

• DLD transfer fee (4% of the original price plus AED 40): AED 1,012,680

• Trustee office fee: AED 5,250

• Buyer's agency commission (2% plus VAT): AED 493,500

That makes AED 13,619,230 due on transfer. The seller's schedule then shows AED 11,392,200 still owed to the developer:

• Construction instalment, scheduled for September 2026: AED 1,265,800

• On handover: AED 10,126,400

The total cost for the buyer, fees included, is AED 25,011,430.

One point needs attention: the September 2026 instalment date has already passed. Before anything is signed, we confirm with the developer whether the seller has paid it. If it has been paid, the transfer figures are restated; if it is outstanding, it is settled as part of the transfer. The payment plan Dubai developers hold on file is what binds the new owner, so we work from the developer's statement of account.

Why this deal and for whom

The case rests on a discount of about 10.7% against the seller's original cost, with most of the remaining balance due only at handover in 2027.

The villa suits a family that wants a large new home in MBR City and can wait until 2027 to move in. It also fits a buyer focused on Dubai property investment who wants a villa below its launch figure. It needs funds ready for a large transfer payment. Among the off-plan projects Dubai buyers compare at this price, a resale close to handover means a shorter wait than buying at launch.

What happens next

Prices and availability can change before the page is updated. As a real estate agency Dubai buyers use for resales, we take each urgent sale through the same steps. The first is always a check:

• Contact Mahboob Estate to confirm the villa is still available and the price is current.

• We confirm the September 2026 instalment with the developer.

• Both sides sign the sale agreement and agree a transfer date.

• The transfer completes at the trustee office.

• You pay the remaining balance to the developer at handover.

FAQ

Is the 10.7% discount guaranteed?

No. It is the seller's figure against the original price plus the DLD fee. It should be verified at the time of enquiry and is not a valuation or investment advice.

Has the September 2026 instalment been paid?

That is the first thing we check. We confirm it with the developer before you commit and adjust the transfer amounts to match.

Can I compare this with other properties for sale in Dubai?

Yes. We track urgent sales across Dubai real estate. Discounts vary a lot from one resale to the next. We can send comparable villas, so you can buy property in Dubai with the price in context.