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+STORE - VINCITORE AQUA DIMORE

Distress Deal

DISTRESS DEAL: 2-BR+STORE - VINCITORE AQUA DIMORE

Asking PriceAED 1,573,180
Below Original Price26.3%
Size1365 sq.ft
Bedrooms2
Sold
Listed 21 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 21 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 1,573,180

PAYMENTS ON TRANSFER

1. Payment to seller AED 1,573,180
2. DLD Transfer fee 4% + 40 AED AED 62,967
3. DLD Registration Trustee fee + 5%VAT AED 5,250
4. Buyer's agent commission 2% + 5%VAT AED 33,036

SUMMARY

Total on Transfer AED 1,674,433
TOTAL COST FOR BUYER AED 1,674,433

Distress Deal

PROJECT DESCRIPTION

OVERVIEW

This 2-bedroom plus storage apartment in Vincitore Aqua Dimore, Dubai Science Park, is presented as a distress deal at AED 1,573,180. The original price, including DLD fees, was AED 2,135,120, reflecting a 26.3% discount or AED 561,940 below the reference value. The unit offers a 1,365 sq.ft layout, which places the entry basis at approximately AED 1,153 per sq.ft. This is a low-floor apartment with park views and a private pool on the balcony, adding a lifestyle element that is not standard in most comparable stock. The handover is scheduled for 2027, so the investment case is based on securing a below-market entry into a new-build project with a clear timeline. The immediate thesis is straightforward: the buyer locks in a significant discount to the original price, with the potential to benefit from capital appreciation or improved liquidity as the project approaches completion and handover.

LOCATION & TRANSPORT

Vincitore Aqua Dimore is located in Dubai Science Park, a growing mixed-use district in Al Barsha South. The area is positioned to benefit from its proximity to key arterial roads, including Umm Suqeim Street and Sheikh Mohammed Bin Zayed Road, providing direct access to central Dubai, Dubai Marina, and the wider Al Barsha corridor. Public transport options are developing, with bus routes and ride-hailing services forming the main connectivity layer for now. The district is close to established residential and commercial hubs, including Dubai Hills Estate, Arjan, and Motor City, which supports both end-user and tenant demand. For investors, the location offers a balance between accessibility and emerging infrastructure, with the potential for further value as the area matures and transport links expand.

AMENITIES & SURROUNDING

Vincitore Aqua Dimore is designed as a mid-rise residential project with a focus on lifestyle amenities. The building is expected to feature landscaped gardens, a fitness centre, swimming pools, and dedicated children's play areas. The standout feature for this unit is the private pool on the balcony, which is a differentiator in the segment and adds to the appeal for both end-users and tenants. The surrounding area includes retail outlets, supermarkets, healthcare facilities, and educational institutions, supporting day-to-day convenience. Dubai Science Park itself is anchored by a mix of commercial, research, and residential uses, creating a stable environment for occupancy. The project is positioned to benefit from ongoing development in the district, with new infrastructure and community facilities being delivered as the area grows.

MARKET

At an entry price of AED 1,153 per sq.ft, this apartment is priced below the typical range for new-build, amenity-led projects in Dubai Science Park and neighbouring districts. The significant discount to original price provides a margin of safety, particularly for investors focused on capital preservation and potential upside as the project nears completion. The unit's configuration—two bedrooms plus storage, low floor, park view, and private pool—positions it well for both rental and resale demand. The area attracts a mix of professionals, families, and medical sector employees, supporting a broad tenant pool. The main risk points are the off-plan nature of the asset, with completion scheduled for 2027, and the need to monitor developer delivery and area infrastructure progress. Liquidity is likely to improve as the project moves closer to handover, but investors should underwrite for a medium-term hold rather than immediate exit.

CONCLUSION

This distress deal in Vincitore Aqua Dimore offers a clear value proposition for investors seeking below-market entry into a new-build Dubai project. The 26.3% discount to original price, combined with a practical two-bedroom plus storage layout and unique features such as a private pool, supports both rental and resale strategies. The location in Dubai Science Park provides access to an emerging district with improving infrastructure and a growing resident base. The main considerations are the off-plan status and the timeline to completion, which require a patient investment approach and ongoing due diligence on developer progress. For buyers comfortable with these factors, the deal presents an opportunity to secure a differentiated asset at a lower cost basis, with the potential for capital appreciation and improved liquidity as the project matures and the area develops further.

Illustrative model

Scenario modeller

Set your own assumptions and see how DISTRESS DEAL: 2-BR+STORE - VINCITORE AQUA DIMORE 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

VINCITORE AQUA DIMOREDubai Science Park

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