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PAYMENT PLAN
UNIT PRICE | AED 2,450,000 |
PAYMENTS ON TRANSFER
1. Payment to seller | AED 1,890,624 |
2. DLD Transfer fee 4% + 40 AED | AED 98,040 |
3. DLD Registration Trustee fee + 5%VAT | AED 5,250 |
4. Buyer's agent comission 2% + 5%VAT | AED 48,300 |
PAYMENT PLAN SCHEDULE
JUN 2027 | AED 279,689 |
On Handover (APR 2028) | AED 279,687 |
SUMMARY
Total on Transfer | AED 2,045,364 |
Total remaining Payment Plan | AED 559,376 |
TOTAL COST FOR BUYER | AED 2,604,740 |
PROJECT DESCRIPTION
OVERVIEW
This 2-br in Aeon - Tower 1 is being offered as a Distress Deal at AED 2,300,000. Against the AED 2,908,764 original price plus DLD basis, the current pricing shows a 20.9% below original price discount. The unit is by Emaar, recorded at 1,241 sqft, and carries a stated handover of Q2 2028. That combination matters because it gives the buyer a live basis to underwrite today rather than a vague launch narrative: the deal has to stand on the numbers, the product type and the remaining run-in to completion.
LOCATION & TRANSPORT
Aeon - Tower 1 sits in Dubai Creek Harbour, a master-planned waterfront district that continues to attract buyers looking for Emaar product at a lower basis than Downtown or the prime beachfront corridor. The district benefits from broad arterial connectivity and a growing internal lifestyle environment, with the long-term story tied to the maturation of the Creek waterfront, public realm and surrounding retail catchment.
AMENITIES & SURROUNDING
For buyers, the attraction of Creek Harbour is the combination of Emaar placemaking, cleaner public realm and a more modern waterfront setting than many older communities. Shared amenities, promenade access and the district's gradual build-out all matter because resale depth in this market depends heavily on the overall neighbourhood experience, not just the individual unit's discount to launch.
MARKET
At AED 1,853 per sq.ft on 1,241 sq.ft, this listing is priced in a zone that should draw attention from both end users and medium-term investors. The 20.9% discount is one of the stronger basis improvements among recent off-plan opportunities, and it materially changes the underwriting versus the original price plus DLD stack. In Creek Harbour, buyers should compare this not only against other Emaar launches but also against resale alternatives that may offer earlier occupancy; if the pricing still holds up after that comparison, the discount is real rather than cosmetic. Buyers should also compare the current basis against the strongest competing stock in the same district before allowing for transfer costs, payment-plan exposure and the likely depth of end-user demand at handover. Buyers should also compare the current basis against the strongest competing stock in the same district before allowing for transfer costs, payment-plan exposure and the likely depth of end-user demand at handover.
CONCLUSION
This Aeon - Tower 1 listing stands out because the discount is large enough to change the conversation. At AED 2,300,000 for a 2-bedroom apartment with 1,241 sq.ft and Q2 2028 handover, the buyer is getting a far cleaner entry into Dubai Creek Harbour than the original basis allowed, which makes it one of the more commercially interesting records in the current batch.