Urgent Sale | 15.3% Below OP | 2 BR in W Residences

Overview of the deal

A motivated seller is offering a two-bedroom apartment in W Residences Tower 1, Dubai Harbour, developed by Arada, for AED 6,870,000. By the seller's figures, the original price plus the 4% DLD fee came to AED 8,112,000. The asking price is therefore AED 1,242,000 lower, a discount of about 15.3%. The tower is under construction and handover is expected in Q4 2028.

This is an off-plan resale: you pay the seller part of what has been paid so far, take over the contract and continue the instalments to the developer. Discounted Dubai Harbour apartments can be reserved or withdrawn quickly, so confirm every figure at enquiry.

The unit

• Bedrooms: 2

• Size: 1,795 sq ft

• Floor: between the 15th and 20th floors

• View: full Ain Dubai and sea views

• Private balcony

• Expected handover: Q4 2028

The view is the main draw: from a mid-to-high floor the apartment faces Ain Dubai and the open sea, and the balcony lets you use that outlook every day.

The building and community

W Residences is Arada's residential project in Dubai Harbour, a waterfront district on the Dubai coastline. For buyers who want waterfront properties Dubai can offer with a direct sea outlook, the address does most of the work. Ask us for the developer's current brochure and floor plan, as amenities are not confirmed in our data.

Price, discount and payment position

All figures come from the seller and are verified before you reserve.

Price and discount

• Original price plus 4% DLD: AED 8,112,000

• Asking price: AED 6,870,000

• Discount: AED 1,242,000 (about 15.3%)

Due on transfer

• Payment to seller: AED 1,818,200

• DLD transfer fee (4% of the original price plus AED 40): AED 312,040

• Trustee office fee: AED 5,250

• Buyer's agency commission (2% plus VAT): AED 144,270

Total due on transfer: AED 2,279,760.

Remaining instalments to the developer

• 2 September 2026: AED 388,600 (date has passed)

• 30 January 2027: AED 388,600

• 30 May 2027: AED 388,600

• 27 September 2027: AED 388,600

• 27 October 2027: AED 388,600

• On handover: AED 3,108,800

The remaining plan totals AED 5,051,800, and the seller puts the total cost to the buyer at AED 7,331,560. The 2 September 2026 instalment date has passed, so we will confirm with the seller and Arada whether it was paid before any deposit changes hands.

Why this deal and for whom

The case is simple: a sea-view unit at a price well under what the first buyer committed to. Most of the cost is spread over construction and handover, the kind of payment plan Dubai buyers look for in off-plan projects Dubai developers are still building.

It suits an end user who wants a large two-bedroom home facing the water and can wait until late 2028. It also fits Dubai property investment buyers who want to enter a waterfront tower below its original cost. Anyone comparing luxury apartments Dubai has under construction should shortlist it.

What happens next

To buy property in Dubai through a resale like this one:

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

• Review the seller's sale and purchase agreement and Arada's statement of account.

• Sign the sale agreement and pay the agreed deposit.

• Obtain the developer's no objection certificate for the transfer.

• Complete the transfer at a DLD trustee office.

• Continue the instalments to the developer until handover.

As a real estate agency Dubai buyers use for off-plan resales, we handle these checks for you.

FAQ

What does 15.3% below the original price mean?

It compares the AED 6,870,000 asking price with the AED 8,112,000 original price plus 4% DLD fee.

Is this one of the apartments for sale in Dubai that is ready now?

No. The tower is under construction and handover is expected in Q4 2028.

How do I check the deal is still available?

Call Mahboob Estate. We confirm availability, price and payment status with the owner first. Our Dubai real estate team can also compare it with other properties for sale in Dubai in the same price range.