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DISTRESS DEAL: 3-BR + MAID IN ORLA

Original Price: AED 30,264,000

Asking Price: AED 28,000,000

7.5% Below O.P.

Size: 3,949 sq.ft

Developer: Omniyat

Location: Palm Jumeirah

Completion Date: Q4 2026

Distress Deal: Orla Apartment by Omniyat in Palm Jumeirah

AED 7,090

Per Sq. Ft.

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Distress Deal floor plan for Orla 3-BR + Maid's in Palm Jumeirah — 3,949 sq.ft — Apartment
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PAYMENT PLAN

UNIT PRICE

AED 28,000,000


PAYMENTS ON TRANSFER


Payment to seller

AED 13,448,827

DLD Transfer fee 4% + 40 AED

AED 1,120,040

DLD Registration Trustee fee + 5%VAT

AED 5,250

Buyer's agent comission 2% + 5%VAT

AED 588,000


PAYMENT PLAN SCHEDULE


4th Installment

AED 14,551,173


SUMMARY


Total on Transfer

AED 15,162,117

Total remaining Payment Plan

AED 14,551,173

TOTAL COST FOR BUYER

AED 29,713,290


GOT QUESTIONS?

PROJECT DESCRIPTION

OVERVIEW

 

This 3-bedroom plus maid's apartment in Orla, Palm Jumeirah, is offered as a distress deal at AED 28,000,000. The reference price for this unit is AED 30,264,000, reflecting a 7.5% discount, or AED 2,264,000 below the original price. With a built-up area of 3,949 sq.ft, the entry basis is AED 7,090 per sq.ft. The apartment is positioned on a mid-level floor (between levels 5 and 10), offers sea views, and includes a balcony and three parking spaces. Handover is scheduled for Q4 2026, and the property is being sold on a payment plan, with approximately half due on transfer and the remainder as per the developer's schedule. The immediate investment thesis is clear: this is a large, high-floor, sea-view residence in a branded Dorchester Collection-managed project, available at a visible discount to the developer's current pricing, with the benefit of a staged payment structure and a handover timeline that allows for market appreciation or resale before completion.

 

LOCATION & TRANSPORT

 

Orla is located on the Palm Crescent, the outermost ring of Palm Jumeirah, directly south of Atlantis Hotel. This beachfront position provides uninterrupted 270-degree views of the Arabian Gulf and Dubai skyline. Access to the Palm Crescent is via the main trunk road, with connections to Sheikh Zayed Road, Dubai Marina, and the rest of the city. While the Crescent location is more secluded than the trunk, it offers a quieter environment and direct beach access, which appeals to buyers seeking privacy and prestige. Day-to-day transport is primarily by private car or ride-hailing, with ample parking provided in the development. The location is also within practical reach of Nakheel Mall, The Pointe, and key leisure destinations, supporting both resident convenience and rental appeal for high-end tenants.

 

AMENITIES & SURROUNDING

 

Orla is a 14-storey residential development by Omniyat, managed by Dorchester Collection. The project is designed by Foster + Partners and features a limited number of bespoke residences, each with unique layouts, floor-to-ceiling windows, and expansive terraces. Amenities include a private 150-metre beach, multiple swimming pools including a family infinity pool and indoor lap pool, a spa and sauna, fitness centre, residents-only clubhouse, library, cinema room, business centre, cigar lounge, bowling alley, children's play areas, pet grooming salon, picnic pavilions, and outdoor dining spaces. Concierge, doorman, porter, valet, and floristry services are provided by Dorchester Collection, ensuring a high standard of service. The surrounding Palm Crescent area is established, with mature landscaping, direct beach access, and proximity to the island's hospitality and retail offerings.

 

MARKET

 

At AED 7,090 per sq.ft, this unit is positioned at the upper end of Dubai’s branded residential segment, reflecting both the Palm Jumeirah location and the Dorchester Collection management. Comparable new-build, branded residences on the Palm typically command a premium, especially for larger layouts with sea views and high-floor positioning. The payment plan structure and Q4 2026 handover provide flexibility for investors, allowing for capital appreciation or resale before completion. The buyer profile for Orla is typically international or UHNW, seeking privacy, service, and architectural distinction. Liquidity in this segment is supported by the scarcity of large, branded, beachfront apartments, but it is important to note that the resale market for ultra-prime off-plan units can be sensitive to broader market cycles and developer reputation. Rental demand is likely to be strongest for long-term, high-end tenants or serviced arrangements, with yields reflecting the premium positioning and service charges associated with Dorchester Collection management. Investors should factor in ongoing costs, including service charges and fit-out, when underwriting returns.

 

CONCLUSION

 

This distress deal at Orla offers an investor a visible entry discount into one of Palm Jumeirah’s most architecturally ambitious and service-led developments. The combination of a large, sea-view layout, branded management, and a staged payment plan reduces both completion and liquidity risk compared to less established off-plan launches. The main considerations are the timeline to handover, the premium price point, and the ongoing service charge environment. For buyers seeking a Palm Crescent address with Dorchester Collection services and Foster + Partners design, this deal provides a lower entry basis than current developer pricing, with the flexibility to hold for rental income or resale. As always, careful review of the payment schedule, service charges, and market comparables is advised, but the core thesis is a discounted, high-quality asset in a globally recognised beachfront location, with both end-user and investor appeal.

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