Distress Deal
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 13 April 2026 and is historic. It is not an indication of what the same unit, or a comparable one, would cost today.
On this page
The numbers
| UNIT PRICE | AED 4,542,900 |
| 1. Payment to seller | AED 2,391,000 |
| 2. DLD Transfer fee 4% + 40 AED | AED 181,756 |
| 3. DLD Registration Trustee fee + 5% VAT | AED 5,250 |
| 4. Buyer's agent commission 2% + 5% VAT | AED 95,400 |
| 15-MAY-2026 | AED 239,100 |
| On Handover (30-JUNE-2027) | AED 1,912,800 |
| Total on Transfer | AED 2,673,406 |
| Total remaining Payment Plan | AED 2,151,900 |
| TOTAL COST FOR BUYER | AED 4,825,306 |
Photography
Distress Deal
This 2-bedroom corner apartment in Rixos Financial Centre Road is offered as a distress deal at AED 4,542,900, reflecting an 8.7% discount from the original price of AED 4,973,280. The unit spans 1,752 sq.ft, placing the entry price at AED 2,594 per sq.ft. Positioned on a high floor (levels 50-58), it offers city and canal views, with a balcony included. Handover is scheduled for Q2 2027, and the payment plan allows for staged payments through construction and at handover. The immediate investment thesis is clear: this is an off-plan, branded residence in Downtown Dubai, with a below-market entry and a payment structure that reduces upfront capital exposure. For investors, the case is not about speculative launches or unproven locations; it is a direct play on a recognised hospitality brand, a prime Downtown address, and a clear discount to the developer’s original pricing.
Rixos Financial Centre Road is located in the heart of Downtown Dubai, a district known for its connectivity and urban infrastructure. The building’s position on Financial Centre Road places it within walking distance of Dubai Mall, the Burj Khalifa, and the DIFC business district. Public transport is well developed, with the Dubai Metro’s Burj Khalifa/Dubai Mall station nearby, and extensive taxi and ride-hailing coverage. For drivers, Sheikh Zayed Road and Al Khail Road are easily accessible, supporting both local and city-wide commutes. The central location is a key factor for both end-users and tenants, as it provides immediate access to retail, dining, and business hubs, making the property suitable for professionals, corporate tenants, and families seeking a Downtown lifestyle with practical transport links.
The Rixos Financial Centre Road project is a 75-storey residential tower designed by Aedas Ltd, with interiors by XBD Collective. Residents will have access to a comprehensive suite of amenities, including a sky lounge swimming pool on the 65th floor with Jacuzzi and hydromassage, podium-level pools, a Wellness Centre with Turkish Hammam, sauna, steam room, and treatment rooms. Additional facilities include a gymnasium, yoga deck, outdoor fitness areas, padel tennis court, running track, games room, children’s playground and pool, concierge, housekeeping, and valet parking. The building also features a residents’ lounge, boardroom, and in-house maintenance. Ownership comes with access to global VVIP benefits through the Accor network, including the Accor Live Limitless (ALL) loyalty programme with Diamond status. The surrounding Downtown area is fully established, offering retail, dining, and entertainment options within walking distance, as well as proximity to major business and leisure destinations.
At AED 2,594 per sq.ft, this unit is priced below the original developer launch and sits competitively within the branded residences segment of Downtown Dubai. The Rixos brand and high-rise positioning support both rental and resale demand, particularly among international buyers and tenants seeking managed, amenity-rich environments. The payment plan structure—60% during construction, 40% on handover—reduces capital lock-up and may appeal to investors seeking staged exposure. The main underwriting considerations are construction risk (handover in Q2 2027), service charges typical of branded towers, and the evolving supply pipeline in Downtown. However, the combination of a recognised hospitality brand, a central address, and a visible discount to original pricing provides a buffer against market volatility. Liquidity is supported by the area’s established transaction history and ongoing demand for branded, centrally located apartments. Rentability is underpinned by proximity to business and leisure hubs, with corporate and executive tenants forming a core demand segment.
This distress deal in Rixos Financial Centre Road is most compelling for investors seeking Downtown Dubai exposure with a branded, amenity-led product and a clear discount to launch pricing. The payment plan reduces upfront risk, and the high-floor, corner layout with city and canal views enhances both rental and resale prospects. The main risks are construction timeline and ongoing service charges, but these are balanced by the project’s central location, brand credibility, and comprehensive amenity offering. For buyers comfortable with off-plan exposure and seeking a Downtown asset with strong end-user and tenant appeal, this deal offers a disciplined entry point into one of Dubai’s most resilient real estate corridors. As always, due diligence on service charges and construction progress is advised, but the underlying thesis—a discounted, branded Downtown apartment with flexible payment terms—remains clear and investor-focused.
Illustrative model
Set your own assumptions and see how DISTRESS DEAL: 2-BR IN RIXOS FINANCIAL CENTRE behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.
Enter the asking price to run the model.
Every figure recalculates as you type. Use the price you are actually considering.
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.
RIXOS FINANCIAL CENTRE — Downtown Dubai
