+971 58 552 7721
Connect Now
Palm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,153/sqftDowntown Dubai AED 2,903/sqftDubai Islands AED 2,768/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,507/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,449/sqftJumeirah Lakes Towers AED 2,313/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,664/sqftDubai South AED 1,652/sqftArjan AED 1,582/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,153/sqftDowntown Dubai AED 2,903/sqftDubai Islands AED 2,768/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,507/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,449/sqftJumeirah Lakes Towers AED 2,313/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,664/sqftDubai South AED 1,652/sqftArjan AED 1,582/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026
AvailableDISTRESS DEAL: 2-BR IN VOLTA — distress deal in Downtown Dubai from Mitchell's Commercial Real EstateVOLTA · Downtown Dubai1 / 16

Damac · Downtown Dubai

DISTRESS DEAL: 2-BR IN VOLTA

Asking priceAED 2,800,000AED 1,964 per sq.ft
Original price + DLDAED 3,364,400
DiscountAED 564,40016.8% below original price
Unit
2-BR
Size
1,426 sq.ft
Developer
Damac
Handover
Q1 2028
Enquire about this unitSee the floor plan

The discount is measured against the original price + DLD recorded for this unit, not against a valuation.

Available
Listed 15 October 2026

Available when we last checked. The asking price shown is the one published when the listing was added on 15 October 2026, and it is not re-checked against the market automatically. Confirm availability and price with us before you act on it.

Interested in distressed property deals?

Ask us anything about this one — the asking price, the payment terms, the running costs, or how it compares with what else is trading nearby. A member of the Mitchell's team will come back with a straight answer and a clear next step. It takes under a minute, and there's no obligation.

Choose one — the next questions adapt to your answer.

Scan or tap to message Mitchell's on WhatsAppScan or tap to chat

Connect now

MeetWhatsAppCallEmail

On this page

Quick navigation

The numbers

Payment breakdown

Total cost for buyerAED 2,993,490The unit price plus the transfer fees and commission — the whole commitment, not the headline.
Unit priceAED 2,800,000
Fees and commissionAED 193,490
Step 01Due at transferAED 1,958,290Payable when the unit transfers to the buyer.
  • Payment to sellerAED 1,764,800
  • DLD Transfer fee (4% of OP + 40 AED)AED 129,440
  • Trustee Office FeeAED 5,250
  • Buyer's Agency Commission (2% + VAT)AED 58,800
  • Total on transferAED 1,958,290
Step 02Payable to Damac after transferAED 1,035,200The balance of the payment plan, which the buyer takes over.
  • 27-DEC-2026AED 97,050
  • 27-MAR-2027AED 97,050
  • 27-JUN-2027AED 97,050
  • 27-SEP-2027AED 97,050
  • On CompletionAED 647,000
  • Total remaining payment planAED 1,035,200

Ask us to walk through this schedule, or to confirm the current balance with the developer before terms are agreed.

Ask about these terms

Unit details

Property type
Apartment
Floor
10-20
View
Sea
Balcony
Yes

Layout

Floor plan

Floor plan for DISTRESS DEAL: 2-BR IN VOLTAFloor planView full size

Floor plan

Floor plan for DISTRESS DEAL: 2-BR IN VOLTA

Distress Deal

PROJECT DESCRIPTION

OVERVIEW

The property is a two-bedroom apartment in Volta, a Damac tower in Downtown Dubai on the Sheikh Zayed Road side of the district. The stated size is 1,426 sq.ft. The unit sits in the 10 to 20 floor band, is listed with a sea view and a balcony, and is scheduled for handover in Q1 2028.

The asking price is AED 2,800,000. The original price plus the 4% DLD fee is AED 3,364,400, so the reduction is AED 564,400, or 16.8% below original price. On the stated size the price works out at AED 1,964 per sq.ft, against AED 2,359 per sq.ft at the original price plus DLD. At transfer the buyer pays AED 1,958,290, of which AED 1,764,800 goes to the seller. Four quarterly instalments of AED 97,050 follow from December 2026, and AED 647,000 falls due on completion. The total cost for the buyer, including every transfer fee, is AED 2,993,490.

LOCATION & TRANSPORT

The developer's location plan places Volta between Sheikh Zayed Road and Burj Khalifa, a short walk from the Burj Khalifa / Dubai Mall Metro station on the Red Line. Business Bay Metro station is one stop to the south-west on the same line. Paramount Tower sits between the site and the highway.

Sheikh Zayed Road gives direct access north to DIFC and the Trade Centre district, and south to Al Quoz, Al Barsha and the Marina. Financial Centre Road and the Business Bay crossings connect the tower to Business Bay and the Dubai Canal.

AMENITIES & SURROUNDING

Downtown Dubai puts the Dubai Mall, the Dubai Fountain and Burj Khalifa within walking distance, together with the Dubai Opera district and the boulevard's restaurants and hotels. Boxpark on Al Wasl Road appears on the developer's plan to the west, and Safa Park lies further along Sheikh Zayed Road.

The developer's renders show a rooftop infinity pool, an outdoor training deck and running track on the podium, an indoor climbing and fitness area, and a spa-style pool hall. Interior renders show living areas with views to the Downtown skyline. The developer's plan for the two-bedroom type lists 172 two-bedroom apartments across eight layouts, from 1,387 to 1,469 sq.ft.

MARKET

The reduction is measured against the original price plus the 4% DLD fee. On that basis the apartment is offered at 16.8% below original price, or AED 396 per sq.ft below the original rate on the stated size. The listing records a sea view from the 10 to 20 floor band, and the unit has a balcony. The stated size of 1,426 sq.ft falls inside the 1,387 to 1,469 sq.ft range the developer gives for the two-bedroom type.

The DLD transfer fee is AED 129,440. Because the asking price sits below the original price, the fee is struck on the original price of AED 3,235,000, at 4% plus AED 40. The trustee office fee is AED 5,250 and the buyer's agency commission, at 2% plus VAT, is AED 58,800. With the AED 1,764,800 payment to the seller, those items make up the AED 1,958,290 due at transfer. The remaining plan totals AED 1,035,200, and the payment to the seller and that plan together equal the asking price.

CONCLUSION

The apartment suits a buyer who wants a two-bedroom unit in Downtown Dubai, within walking distance of the Metro and the Dubai Mall, and who can carry a short plan to completion in Q1 2028. It also suits an investor who values a reduction of 16.8% below original price and is comfortable holding through construction.

AED 97,050 falls due on 27 December 2026, 27 March 2027, 27 June 2027 and 27 September 2027, and AED 647,000 on completion. The total cost including every transfer fee is AED 2,993,490, and the price on the stated size is AED 1,964 per sq.ft. Before terms are agreed, a current statement of account should be obtained from the developer to confirm the amount paid to date.

Location

VOLTA — Downtown Dubai

Get Directions

Illustrative model

Scenario modeller

Set your own assumptions and see how DISTRESS DEAL: 2-BR IN VOLTA behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Listed
15 October 2026

The date this listing was added to our records. The asking price below is the one published then, and is not re-checked against the market automatically — confirm it with us before relying on it.

Below original price
16.8%

As stated on this listing: the asking price measured against the original purchase price recorded for this unit. It is not a discount to current market value and not a valuation — a unit priced below what it originally sold for may still be at or above what comparable units achieve today. Check the registered comparables before treating the gap as equity. It is not used in any calculation below.

Asking price per sq.ft
AED 1,964/sqft

The asking price divided by the stated size. Compare it against registered sales in the same building before deciding whether the asking price is competitive.

Handover
Q1 2028

As stated on this listing. Rent cannot start before handover, so on an incomplete unit the early years of the schedule below are holding cost only.

Purchase

Seeded from this page. Change it to your figure.

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.

Your figure — we publish none. A month vacant plus re-letting time is roughly 8%, if that fits your building.

Your figure — we publish none. Letting fees and routine repairs.

Your figure — we publish none. Look your building up on Mollak — rates run AED 3 to AED 30+.

Acquisition costs

4% is the Dubai standard.

Buyer-side. 5% VAT added.

Your figure — we publish none. The trustee tariff is tiered and the admin lines vary by office; ask your trustee office for the total, and add your NOC and any legal quote.

Exit

1 to 40 years.

0% by default: we publish no price forecasts.

5% VAT added automatically.

Total cash investedThe purchase price plus every cost of getting the keys. It is the denominator of the ROI, ROE and IRR figures.
AED 2.97M
Price plus every acquisition cost
Illustrative exit price
AED 2.80M
After 5 yr at 0.0% p.a.
Total profit, capital onlyCapital movement over the hold, less every purchase and sale cost and the service charge. It carries no rental income at all, because no rent has been set.
—
Set service charge, maintenance & management, vacancy allowance above
Net yieldNet operating income (rent collected less management, maintenance and service charge) divided by the purchase price. It cannot be calculated until a gross annual rent is set.
—
Set a gross annual rent
Cash out, and cash back over 5 years
Cash out at t0AED 2,970,800
Cash back, years 1–5—

Set service charge, maintenance & management, vacancy allowance above to see cash back — until then this figure would be assuming zero for them.

Cash required at completion
Purchase priceAED 2,800,000
DLD transfer fee (4%)AED 112,000
Agency fee (2%)AED 56,000
VAT on agency fee (5%)AED 2,800
Conveyancing, trustee & adminAED 0
Total cash investedAED 2,970,800

ROI and IRR are calculated on this figure: the price plus every cost of getting the keys.

No rental evidence is held for this unit. The rent figure is yours to set — we have not assumed one. Until you enter a gross annual rent, the yield, ROI/ROE and IRR figures reflect capital movement and costs only.

Annual operating position
Gross annual rentAED 0
Vacancy allowance (not set)—
Maintenance & management (not set)—
Service charge (1,426 sq ft at a rate not yet set)—
Net operating income—

Figures marked “—” need service charge, maintenance & management, vacancy allowance entered above — we do not compute them on an assumed zero.

Cash-flow schedule — the 5-year figures the IRR is solved from (incomplete, see note)
YearNet operating incomeSale proceeds, netNet cash flow
0 · today——−AED 2,970,800
1AED 0—AED 0
2AED 0—AED 0
3AED 0—AED 0
4AED 0—AED 0
5AED 0AED 2,741,200AED 2,741,200
Years 1–5AED 0AED 2,741,200AED 2,741,200
Less the year-0 outflow of AED 2,970,800 → total profit−AED 229,600

Exit at year 5: illustrative sale price AED 2,800,000 less selling costs AED 58,800 = AED 2,741,200 net. The final column is the schedule the IRR is solved from. Rent is held flat in nominal terms — the rent-growth field is at 0% — as is the service charge, so no inflation is assumed on either side. This audit table is arithmetic, so every row must resolve to a number — but service charge, maintenance & management, vacancy allowance are not set above, and the figures here currently assume zero for them. Nothing on this table should be read as a result until you set them; the headline tiles above withhold theirs for exactly this reason.

Sensitivity — the same purchase at −5% to +5% exit growth
Exit growthExit priceTotal profitROIIRR
−5% p.a.AED 2.17M———
−3% p.a.AED 2.40M———
0% p.a.your figureAED 2.80M———
3% p.a.AED 3.25M———
5% p.a.AED 3.57M———

Each row re-runs the whole model with only the exit growth rate changed, over the same 5-year hold. The 0% and negative rows are not a worst case — they are simply what the same purchase returns if prices do not rise. Dubai prices have fallen in the past and can fall again. The return columns are shown as “—” until a gross annual rent is set; the total profit column reflects capital movement, purchase and sale costs and the service charge only.

Method
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.

Email my results

We’ll send this scenario — your assumptions and the figures they produce — to your inbox.

Set service charge, maintenance & management, vacancy allowance above and we can email you this scenario. Until then every headline figure reads “—”, because the model would otherwise be assuming zero for them — and we publish no figure for them.

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 Commercial Real Estate is a trading brand; the RERA-licensed broker is Stephen James Mitchell, BRN 68593.

Got questions?

Get Answers!

More deals

The latest distress deals

The most recently listed deals that were still available when we last checked. Sold units are not shown here.

DISTRESS DEAL: 1-BR IN SAFA ONE - TOWER B — Mitchell's Commercial Real Estate

Al Wasl

DISTRESS DEAL: 1-BR IN SAFA ONE - TOWER B

AED 1,961,388AED 1,697,355Asking price
13.5%Below O.P.
Size
850 sq.ft
Price / sq.ft
AED 1,997
Developer
Damac
Handover
Q2 2027
View →
DISTRESS DEAL: 2-BR + Maid's IN EYWA — Mitchell's Commercial Real Estate

Business Bay

DISTRESS DEAL: 2-BR + Maid's IN EYWA

AED 12,171,120AED 10,630,000Asking price
12.7%Below O.P.
Size
2,996 sq.ft
Price / sq.ft
AED 3,548
Developer
R.Evolution
Handover
Q3 2027
View →
DISTRESS DEAL: 2-BR + Maid's IN SAFA ONE - TOWER B — Mitchell's Commercial Real Estate

Al Wasl

DISTRESS DEAL: 2-BR + Maid's IN SAFA ONE - TOWER B

AED 4,666,147AED 4,038,012Asking price
13.5%Below O.P.
Size
2,042 sq.ft
Price / sq.ft
AED 1,977
Developer
Damac
Handover
Q2 2027
View →
DISTRESS DEAL: 1-BR IN DAMAC BAY - TOWER C — Mitchell's Commercial Real Estate

Emaar Beachfront

DISTRESS DEAL: 1-BR IN DAMAC BAY - TOWER C

AED 3,584,880AED 2,800,000Asking price
21.9%Below O.P.
Price / sq.ft
AED 3,378
Developer
Damac
Handover
Q4 2027
View →
DISTRESS DEAL: 1-BR IN OCEAN POINT - TOWER 2 — Mitchell's Commercial Real Estate

Rashid Yachts and Marina

DISTRESS DEAL: 1-BR IN OCEAN POINT - TOWER 2

AED 1,868,764AED 1,536,000Asking price
17.8%Below O.P.
Price / sq.ft
AED 1,908
Developer
Emaar
View →
DISTRESS DEAL: 1-BR IN SEAPOINT - TOWER 2 — Mitchell's Commercial Real Estate

Emaar Beachfront

DISTRESS DEAL: 1-BR IN SEAPOINT - TOWER 2

AED 3,065,804AED 2,630,000,Asking price
14.2%Below O.P.
Size
764 sq.ft
Price / sq.ft
AED 3,442
Developer
Emaar
Handover
Q2 2028
View →
Browse all distress deals

Read next

A discounted unit is bought the same way any other is. The questions are just sharper. These are our own guides and articles on buying from overseas, taking on a resale or an off-plan assignment, and what the purchase costs.

The gold rule under an entry is its length, against the longest piece here.

Guides

Articles

Need help?