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: 2-BR IN THE CENTRAL DOWNTOWN

Distress Deal

DISTRESS DEAL: 2-BR IN THE CENTRAL DOWNTOWN

Asking PriceAED 1,380,000
Below Original Price15.1%
Size1,191 sq.ft
Bedrooms2
Price / Sq.FtAED 1,159
HandoverQ2 2028
Sold
Listed 22 May 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 22 May 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 1,380,000

PAYMENTS ON TRANSFER

1. Payment to seller AED 676,695
2. DLD Transfer fee 4% + 40 AED AED 55,240
3. DLD Registration Trustee fee + 5%VAT AED 5,250
4. Buyer's agent comission 2% + 5%VAT AED 28,980

PAYMENT PLAN SCHEDULE

01/04/2026 AED 15,629
01/05/2026 AED 15,629
01/06/2026 AED 15,629
01/07/2026 AED 15,629
01/08/2026 AED 15,629
01/09/2026 AED 15,629
01/10/2026 AED 15,629
01/11/2026 AED 15,629
01/12/2026 AED 15,629
01/01/2027 AED 15,629
01/02/2027 AED 15,629
01/03/2027 AED 15,629
01/04/2027 AED 15,629
01/05/2027 AED 15,629
01/06/2027 AED 15,629
01/07/2027 AED 15,629
01/08/2027 AED 15,629
01/09/2027 AED 15,629
01/10/2027 AED 15,629
01/11/2027 AED 15,629
01/12/2027 AED 15,629
01/01/2028 AED 15,629
01/02/2028 AED 15,629
01/03/2028 AED 15,629
01/04/2028 AED 15,629
01/05/2028 AED 15,629
01/06/2028 AED 15,629
01/07/2028 AED 15,629
01/08/2028 AED 15,629
01/09/2028 AED 15,629
01/10/2028 AED 15,629
01/11/2028 AED 15,629
01/12/2028 AED 15,629
01/01/2029 AED 15,629
01/02/2029 AED 15,629
01/03/2029 AED 15,629
01/04/2029 AED 15,629
01/05/2029 AED 15,629
01/06/2029 AED 15,629
01/07/2029 AED 15,629
01/08/2029 AED 15,629
01/09/2029 AED 15,629
01/10/2029 AED 15,629
01/11/2029 AED 15,629
01/12/2029 AED 15,629

SUMMARY

Total on Transfer AED 766,165
Total remaining Payment Plan AED 703,305
TOTAL COST FOR BUYER AED 1,469,470

Distress Deal

PROJECT DESCRIPTION

OVERVIEW

This two-bedroom apartment in The Central Downtown - Tower D, Arjan, is presented as a distress deal at AED 1,380,000. The original price was AED 1,625,404, representing a 15.1% discount or AED 245,404 below the developer’s reference. With a size of 1,191 sq.ft, the entry basis is AED 1,159 per sq.ft, which is notably below the most recent transaction data for comparable units in the project, where one-bedroom units have traded at over AED 1,800 per sq.ft. The apartment is positioned on a mid-to-high floor (levels 10–15), offers a community view, and includes a balcony. The handover is scheduled for Q2 2028, so this is an off-plan commitment with a structured payment plan extending through to completion. The immediate investment case is the below-market entry into a large-format two-bedroom layout in a new, amenity-rich development, with the discount providing a buffer against future market volatility or construction risk.

LOCATION & TRANSPORT

The Central Downtown is located in Arjan, Al Barsha South 3, a district that has seen steady development and infrastructure upgrades over recent years. Arjan is positioned with direct access to Umm Suqeim Road and is within practical reach of Sheikh Mohammed Bin Zayed Road, supporting connectivity to key Dubai employment and lifestyle zones. The area is serviced by public transport links, with bus routes connecting to the Dubai Metro at Mall of the Emirates and other hubs. For private vehicles, the road network allows for straightforward commutes to Dubai Marina, Jumeirah Village Circle, and central Dubai. The district is also close to established schools, healthcare facilities, and retail centres, making it suitable for both end-users and rental tenants seeking convenience and accessibility.

AMENITIES & SURROUNDING

The Central Downtown is a multi-tower development by Aqua Properties, designed to deliver a high-amenity residential environment. Residents will have access to over 200,000 sq.ft of integrated amenities, including a swimming pool, jacuzzi, basketball and padel tennis courts, jogging track, yoga room, golf simulator, climbing wall, outdoor cinema, and dedicated children’s play areas. The towers are set above a 150,000 sq.ft shopping mall, providing direct access to retail, dining, and daily convenience options. The project also features wellness and fitness centres, a beauty salon, day care centre, dog park, and community spaces for events and gatherings. The architecture is contemporary, with interiors finished in calming neutral tones. The surrounding Arjan district is already home to parks, supermarkets, and a growing number of cafes and services, supporting a balanced residential lifestyle.

MARKET

At an entry price of AED 1,159 per sq.ft, this unit is positioned well below recent off-plan transactions in The Central Downtown, where smaller units have achieved upwards of AED 1,800 per sq.ft. The two-bedroom format is likely to appeal to a broad tenant base, including families and professionals seeking larger layouts in new-build settings. Arjan has seen increasing demand from both investors and end-users, driven by its improving infrastructure and relative affordability compared to more central Dubai districts. Liquidity for off-plan units is generally supported by the project’s scale and the developer’s track record, though buyers should be aware of the usual risks associated with construction timelines and future supply. Rentability is underpinned by the amenity offering and proximity to schools and business hubs, but yields will depend on final service charges and the broader rental market at handover. The main risk factors are construction delivery, future competition from new launches, and potential shifts in buyer demand as the area matures.

CONCLUSION

For investors seeking below-market entry into a large-format two-bedroom apartment in a new, amenity-driven development, this distress deal in The Central Downtown - Tower D offers a visible discount to current reference pricing. The payment plan structure and off-plan status mean the buyer is exposed to construction and delivery risk, but the discount provides a buffer and the project’s amenity depth should support future rentability and resale. The location in Arjan is increasingly established, with improving infrastructure and a growing resident base. The main underwriting points are the developer’s delivery record, the final service charge position, and the competitive landscape at handover. If those factors are managed, the deal thesis is a disciplined entry into a maturing Dubai submarket, with the potential for both capital appreciation and income once the project completes. This is best suited to buyers comfortable with off-plan timelines and seeking value relative to current market benchmarks.

Illustrative model

Scenario modeller

Set your own assumptions and see how DISTRESS DEAL: 2-BR IN THE CENTRAL DOWNTOWN 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

THE CENTRAL DOWNTOWNArjan, Dubai

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