Urgent Sale | 17.6% Below OP | 2 BR in Onda by Kasco

Overview of the deal

The owner of a two-bedroom apartment at Onda by Kasco in Business Bay wants to sell before the building is finished, and the unit is offered here as a resale. The asking price is AED 1,800,000. According to the owner's figures, the original price plus the 4% DLD fee came to AED 2,184,000, which puts the stated discount at AED 384,000, or 17.6%.

The project is under construction with completion scheduled for March 2027, so this sits among off-plan properties Dubai buyers take over from an existing owner rather than from the developer. The price, the discount and every payment figure below should be verified at enquiry.

The unit

This is a straightforward 2 bedroom apartment Dubai buyers will recognise, with a balcony and an open outlook.

• Size: 876 sq ft

• Floor: mid-level, between floors 9 and 18

• View: the building amenities and Business Bay Park

• Private balcony

• Expected handover: March 2027

Confirm the exact floor, the floor plan and the finishes with the seller before you commit.

The building and community

Onda by Kasco is listed with Kora Properties as developer and stands in Business Bay, a district that mixes offices with homes. A full amenity list for the building has not been published with this listing, so ask for the developer's brochure if facilities matter to your decision.

Business Bay apartments bought before handover are judged on paper. In Dubai real estate resales of this kind, the developer's construction updates and the signed sale documents are what to read most closely.

Price, discount and payment position

Payments on transfer

• Payment to the seller: AED 454,799

• DLD transfer fee (4% of the original price plus AED 40): AED 84,040

• Trustee office fee: AED 5,250

• Buyer's agency commission (2% plus VAT): AED 37,800

The total on transfer is AED 581,889. The remaining balance follows the developer's schedule:

• 70% construction milestone: AED 103,477

• On handover: AED 1,241,724

That leaves AED 1,345,201 on the plan, and the owner puts the total cost for the buyer at AED 1,927,090. Taking over an existing payment plan Dubai developers set at launch means the handover amount is the largest single payment, so check how you will fund it.

Why this deal and for whom

The appeal is simple: a stated discount against the original price and a balance split between transfer and handover. It suits an end user who wants a two-bedroom home in Business Bay from 2027, or a buyer comparing apartments for sale in Dubai who is comfortable with the time left until completion.

Among properties for sale in Dubai, a resale before handover asks for more checking than a finished home. If you treat it as a Dubai property investment, base the decision on current resale values, your own advice and your budget for the handover payment, not on the discount alone. No return is promised or implied.

What happens next

• Enquire, and we confirm availability, the asking price and the discount with the owner.

• Review the developer's statement of the amounts paid and still due.

• Agree terms with the seller and sign the sale agreement.

• Pay the transfer amounts and complete the transfer at a trustee office.

• Continue the remaining payments with the developer until handover.

If you plan to buy property in Dubai for the first time, Mahboob Estate can walk you through each step. As your real estate agency Dubai contact for this unit, we check the current status with the owner before any money moves.

FAQ

Is the 17.6% discount confirmed?

It is the owner's figure, based on an original price plus DLD fee of AED 2,184,000 against an asking price of AED 1,800,000. It is not a valuation and should be verified at enquiry.

How much do I pay at transfer?

The owner states AED 581,889 in total, covering the payment to the seller, the DLD transfer fee, the trustee office fee and the agency commission.

When is handover?

Completion is scheduled for March 2027. Construction dates can move, so ask for the latest developer update before you sign.