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 21 May 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 1,585,000 |
| 1. Payment to seller | AED 1,109,812 |
| 2. DLD Transfer fee 4% + 40 AED | AED 63,440 |
| 3. DLD Registration Trustee fee + 5%VAT | AED 5,250 |
| 4. Buyer's agent commission 2% + 5%VAT | AED 33,285 |
| After 6 months | AED 158,396 |
| After 12 months | AED 158,396 |
| On Handover | AED 158,396 |
| Total on Transfer | AED 1,211,787 |
| Total remaining Payment Plan | AED 475,188 |
| TOTAL COST FOR BUYER | AED 1,686,975 |
Photography
Distress Deal
This 3-bedroom apartment in Golf Views Seven City - Tower C is being offered as a distress deal at AED 1,585,000, which reflects a 17.6% discount to the original price of AED 1,924,000. The unit spans 1,521 sq.ft, placing the entry basis at AED 1,042 per sq.ft. For context, a comparable 3-bedroom unit in the same project transacted in May 2026 at AED 1,488,457 (AED 979 per sq.ft), indicating that this listing is priced slightly above the most recent transaction but still well below the original developer price. The apartment is positioned on a mid-level floor (between 4 and 15), offers a lake view, and includes a balcony. Handover is scheduled for Q2 2028, so this is an off-plan acquisition with a staged payment plan. The immediate investment thesis is a discounted entry into a large-format, family-sized apartment in a high-density, mixed-use project in JLT, with the potential for capital appreciation and rental income upon completion.
Golf Views Seven City is located in Cluster Z of Jumeirah Lakes Towers (JLT), a well-established mixed-use community in Dubai. JLT is known for its accessibility and connectivity, with Sheikh Zayed Road and the Dubai Metro providing direct links to key business and leisure districts such as Dubai Marina, JBR, and Downtown Dubai. The area is served by two metro stations—DMCC and Sobha Realty—both within practical reach for residents. Taxis and ride-hailing services are readily available, and the internal road network supports efficient movement within the cluster. For investors, this location appeals to a broad tenant pool, including professionals working in nearby business hubs, families seeking community amenities, and those valuing proximity to both the city and leisure destinations. The lake view and mid-level positioning further enhance the unit’s appeal for future tenants or end-users.
Golf Views Seven City is a 27-storey mixed-use development by Seven Tides, featuring approximately 2,617 apartments, a 78-room hotel, restaurants, retail outlets, and a three-screen cinema. The project includes 12 Sky Gardens, a hypermarket, and 49 retail shops, creating a self-contained environment for residents. Residents will have access to swimming pools, fitness facilities, landscaped communal areas, and children’s play zones. The wider JLT district offers parks, lakeside promenades, supermarkets, cafes, schools, and healthcare facilities. The development’s scale and amenity mix are designed to support both short- and long-term living, with infrastructure already mature in the surrounding area. This supports demand from a diverse resident base and underpins the project’s long-term viability as a rental or resale asset.
At AED 1,042 per sq.ft, this unit is priced above the most recent 3-bedroom transaction in the project (AED 979 per sq.ft in May 2026), but the distress discount is measured against the original developer price, not secondary market trades. JLT remains one of Dubai’s most liquid and rent-friendly districts, with consistent demand for mid-sized and larger apartments from both expatriate families and young professionals. The off-plan status introduces construction and handover risk, especially given the project’s revised completion timeline (now Q2 2028). However, the payment plan structure reduces upfront capital exposure and may appeal to buyers seeking staged entry. The main underwriting considerations are the project’s delivery track record, the scale of supply at handover, and ongoing service charges. Rental yields in JLT for completed stock have historically ranged from mid to high single digits, but investors should be cautious about projecting aggressive returns until the project is operational and the post-handover market is clearer.
This distress deal offers a discounted entry into a large-format, off-plan apartment in one of Dubai’s most established mixed-use communities. The pricing is visibly below the original developer level, and the payment plan structure allows for capital management over the next two years. The main risks are construction timing, project delivery, and the potential for supply-driven competition at handover. For investors comfortable with these factors, the case is a straightforward play on JLT’s ongoing rental and resale demand, with the added benefit of a staged payment schedule. This unit is best suited to buyers seeking exposure to a mature, amenity-rich district with strong connectivity, and who are prepared to underwrite the project’s completion and operational performance. The discount is real, but so are the risks—making this a balanced, value-driven opportunity for disciplined investors.
Illustrative model
Set your own assumptions and see how DISTRESS DEAL: 3-BR IN GOLF VIEWS SEVEN CITY 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.
GOLF VIEWS SEVEN CITY — JLT, Dubai
