Palm JumeirahAED 3,625/sqftCity WalkAED 3,268/sqftDubai Maritime CityAED 3,078/sqftDowntown DubaiAED 2,953/sqftDubai MarinaAED 2,836/sqftDubai IslandsAED 2,748/sqftBusiness BayAED 2,620/sqftDubai Creek HarbourAED 2,588/sqftDubai Hills EstateAED 2,444/sqftJumeirah Lakes TowersAED 2,229/sqftMohammed Bin Rashid CityAED 2,097/sqftAl JaddafAED 2,051/sqftJumeirah Village TriangleAED 1,673/sqftDubai SouthAED 1,630/sqftArjanAED 1,608/sqftJumeirah Village CircleAED 1,511/sqftDubai Sports CityAED 1,336/sqftPalm JumeirahAED 3,625/sqftCity WalkAED 3,268/sqftDubai Maritime CityAED 3,078/sqftDowntown DubaiAED 2,953/sqftDubai MarinaAED 2,836/sqftDubai IslandsAED 2,748/sqftBusiness BayAED 2,620/sqftDubai Creek HarbourAED 2,588/sqftDubai Hills EstateAED 2,444/sqftJumeirah Lakes TowersAED 2,229/sqftMohammed Bin Rashid CityAED 2,097/sqftAl JaddafAED 2,051/sqftJumeirah Village TriangleAED 1,673/sqftDubai SouthAED 1,630/sqftArjanAED 1,608/sqftJumeirah Village CircleAED 1,511/sqftDubai Sports CityAED 1,336/sqft
DLD · MEDIAN 12M TO JUL 2026
DISTRESS DEAL: 1-BR IN PARKLAND

Distress Deal

DISTRESS DEAL: 1-BR IN PARKLAND

Asking PriceAED 1,600,000
Below Original Price17.5%
Size815 sq.ft
Bedrooms1
Price / Sq.FtAED 1,963
HandoverQ4 2028
Sold
Listed 14 April 2026Status confirmed 3 August 2026

This unit has sold and is no longer available. The page is kept as a record of a deal we transacted. Every figure on it — the asking price, the discount to original price and the payment schedule — is the position as listed on 14 April 2026 and is historic. It is not an indication of what the same unit, or a comparable one, would cost today.

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The numbers

Payment breakdown

UNIT PRICE AED 1,600,000

PAYMENTS ON TRANSFER

1. Payment to seller AED 668,057
2. DLD Transfer fee 4% + 40 AED AED 64,040
3. DLD Registration Trustee fee + 5% VAT AED 5,250
4. Buyer's agent commission 2% + 5% VAT AED 33,600

PAYMENT PLAN SCHEDULE

22-Apr-2026 AED 186,389
50% Construction AED 93,194
60% Construction AED 186,389
80% Construction AED 93,194
On Handover AED 372,777

SUMMARY

Total on Transfer AED 770,947
Total remaining Payment Plan AED 931,943
TOTAL COST FOR BUYER AED 1,702,890

Distress Deal

PROJECT DESCRIPTION

OVERVIEW

This 1-bedroom apartment in Parkland, Dubai Hills Estate, is being offered as a distress deal at AED 1,600,000. The original price, including DLD fees, was AED 1,938,444, so the current offer reflects a 17.5% discount, or AED 338,444 below the original basis. The unit covers 815 sq.ft, which sets the entry price at AED 1,963 per sq.ft. This is a mid-level floor unit (levels 1–5) with a community view and a balcony, and is scheduled for completion in Q4 2028. The immediate investment thesis is straightforward: the buyer secures a below-market entry into a new Emaar project in Dubai Hills Estate, with a payment plan that reduces upfront capital exposure. The discount is not theoretical; it is a real reduction against the developer's own pricing, and the payment structure allows for staged commitments rather than a single large outlay.

LOCATION & TRANSPORT

Parkland is situated within Dubai Hills Estate, one of Emaar’s flagship master-planned communities. Dubai Hills is positioned between Downtown Dubai and Dubai Marina, offering direct access to Al Khail Road and close proximity to Umm Suqeim Street. This location supports both end-user and investor demand due to its connectivity to major employment and leisure hubs. Public transport options are developing, with bus routes and future metro connectivity planned, but the area is currently best suited to residents with private vehicles or those relying on ride-hailing services. The community’s road network is well-established, and travel times to key city destinations such as Downtown, Business Bay, and Dubai International Airport are generally within 20–30 minutes. For investors, this means the address appeals to professionals and families seeking a balance between city access and a quieter residential environment.

AMENITIES & SURROUNDING

Dubai Hills Estate is known for its extensive amenities and green spaces. Residents of Parkland will have access to landscaped parks, walking trails, and cycling tracks, as well as the Dubai Hills Park and Dubai Hills Golf Club. The wider community includes Dubai Hills Mall, which features a range of retail, dining, and entertainment options. Healthcare and educational facilities are integrated into the master plan, with schools and clinics serving the area. The project itself is expected to offer standard Emaar amenities such as a swimming pool, gymnasium, children’s play areas, and 24-hour security. The surrounding infrastructure is mature, with new retail and leisure outlets continuing to open as the community develops. This supports both rental demand and eventual resale appeal, as residents benefit from a comprehensive lifestyle offering within the estate.

MARKET

At AED 1,963 per sq.ft, this unit is positioned below the current launch and resale prices for comparable new-build 1-bedroom apartments in Dubai Hills Estate. Emaar projects in this area are typically sought after by both investors and end-users, due to the combination of brand reputation, community planning, and ongoing infrastructure delivery. The payment plan structure—requiring a substantial but not overwhelming initial payment, with the balance staged through construction milestones—reduces risk for buyers who want to manage cash flow or hedge against future market movements. The main underwriting considerations are the long handover timeline (Q4 2028), potential changes in market sentiment, and the standard risks associated with off-plan purchases, such as construction delays or shifts in supply-demand dynamics. However, the discount to original price provides a buffer, and the Dubai Hills Estate market has shown resilience and depth in both rental and resale activity. The buyer profile is likely to include investors seeking capital appreciation, as well as end-users planning for future occupation.

CONCLUSION

This Parkland 1-bedroom deal is most compelling for investors who want exposure to Dubai Hills Estate at a below-market entry point, with the flexibility of a payment plan and the backing of a recognised developer. The 17.5% discount is meaningful in the context of current Emaar pricing, and the unit’s size, layout, and community positioning support both rental and resale strategies. The main risks are the long lead time to completion and the usual off-plan uncertainties, but these are partially offset by the staged payment structure and the established track record of Dubai Hills Estate as a maturing community. For buyers willing to take a medium-term view, this deal offers a disciplined entry into a high-demand corridor, with the potential for both yield and capital growth once the project is delivered and operational.

Illustrative model

Scenario modeller

Set your own assumptions and see how DISTRESS DEAL: 1-BR IN PARKLAND behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Purchase

The price you are actually considering.

Drives the service charge only.

Rent and service charge both start here.

Holding & income

Your figure — we have not assumed one.

0% holds rent flat. It may be negative.

8% is roughly a month plus re-letting.

Letting fees and routine repairs.

Replace with the building's own schedule.

Acquisition costs

4% is the Dubai standard.

Buyer-side. 5% VAT added.

Trustee, title deed, NOC.

Exit

1 to 40 years.

0% by default: we publish no price forecasts.

5% VAT added automatically.

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Every figure recalculates as you type. Use the price you are actually considering.

How each figure is calculated
Handover
The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
Gross yield
Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
Net yield
(Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
Rent growth
Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
ROI
Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
ROE
Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
Cash-on-cash return
Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
IRR
The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.

An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.

Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell’s Realty is a trading brand; the RERA-licensed entity is The Luxury Real Estate Brokers LLC.

Location

PARKLANDDubai Hills Estate

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