Palm JumeirahAED 3,631/sqftDubai Maritime CityAED 3,135/sqftDowntown DubaiAED 2,922/sqftDubai IslandsAED 2,753/sqftDubai Creek HarbourAED 2,567/sqftBusiness BayAED 2,562/sqftDubai MarinaAED 2,496/sqftDubai Hills EstateAED 2,439/sqftJumeirah Lakes TowersAED 2,279/sqftMohammed Bin Rashid CityAED 2,098/sqftAl JaddafAED 2,047/sqftJumeirah Village TriangleAED 1,665/sqftDubai SouthAED 1,647/sqftArjanAED 1,594/sqftJumeirah Village CircleAED 1,505/sqftDubai Sports CityAED 1,330/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm JumeirahAED 3,631/sqftDubai Maritime CityAED 3,135/sqftDowntown DubaiAED 2,922/sqftDubai IslandsAED 2,753/sqftDubai Creek HarbourAED 2,567/sqftBusiness BayAED 2,562/sqftDubai MarinaAED 2,496/sqftDubai Hills EstateAED 2,439/sqftJumeirah Lakes TowersAED 2,279/sqftMohammed Bin Rashid CityAED 2,098/sqftAl JaddafAED 2,047/sqftJumeirah Village TriangleAED 1,665/sqftDubai SouthAED 1,647/sqftArjanAED 1,594/sqftJumeirah Village CircleAED 1,505/sqftDubai Sports CityAED 1,330/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO SEP 2026
DISTRESS DEAL: 3-BR + Maid's IN NAYA

Distress Deal

DISTRESS DEAL: 3-BR + Maid's IN NAYA

Asking PriceAED 4,242,000
Below Original Price9.76%
Size2,035 sq.ft
Bedrooms3
Price / Sq.FtAED 2,085
HandoverQ3 2027
Sold
Listed 13 March 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 13 March 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 4,242,000

PAYMENTS ON TRANSFER

1. Payment to seller AED 1,981,100
2. DLD Transfer fee 4% + 40 AED AED 169,720
3. DLD Registration Trustee fee + 5% VAT AED 5,250
4. Buyer's agent commission 2% + 5% VAT AED 89,082

PAYMENT PLAN SCHEDULE

15-MAR-2026 AED 452,180
15-AUG-2026 AED 452,180
15-MAR-2027 AED 452,180
On Handover (30-SEP-2027) AED 904,360

SUMMARY

Total on Transfer AED 2,245,152
Total remaining Payment Plan AED 2,260,900
TOTAL COST FOR BUYER AED 4,506,052

Layout

Floor plan

Floor plan for DISTRESS DEAL: 3-BR + Maid's IN NAYAFloor planView full size

Floor plan

Floor plan for DISTRESS DEAL: 3-BR + Maid's IN NAYA

Distress Deal

PROJECT DESCRIPTION

OVERVIEW

Naya at District One is a multi building residential development located within District One in Mohammed Bin Rashid City, Dubai. The project forms part of the wider Meydan One district and sits within the master planned community developed by Meydan Group through its District One subsidiary. The complex comprises three residential towers identified as Naya Building 1, Naya Building 2 and Naya Building 3. The towers vary in height with approximately 20 storeys, 17 storeys and 13 storeys respectively. Construction commenced in October 2023 and the estimated handover date is July 2027.

LOCATION & TRANSPORT

Naya at District One is situated in District One, a flagship residential area inside Mohammed Bin Rashid City. This large scale urban district lies south east of Downtown Dubai and Business Bay and forms part of the Meydan master development. District One itself is known for low density residential planning, large landscaped areas and the presence of the District One Crystal Lagoon which extends across significant portions of the community. The Naya towers overlook sections of this lagoon and the landscaped corridors surrounding it.

AMENITIES & SURROUNDING

Naya at District One is planned with a set of recreational facilities intended for residents of the three buildings. Amenities referenced in project materials include sports courts, tennis or basketball areas, running tracks, landscaped gardens, lounge areas, rooftop terraces and a shared gymnasium facility. Dedicated children play areas and a children pool are also included within the amenity platform design. The surrounding District One environment includes access to the Crystal Lagoon waterfront promenade as well as extensive green corridors designed for outdoor activities.

MARKET

The Naya complex consists of three separate residential towers arranged as a single integrated residential cluster. The towers contain a mixture of apartment layouts intended to accommodate a range of residents including individual occupants and family households. Residential units are configured with floor to ceiling windows and integrated kitchen appliances. Buildings include shared lobby areas with twenty four hour security and access control as part of the gated District One community structure. In addition to apartments, the wider project marketing materials reference certain villa style residences located close to the lagoon edge. The community surrounding the buildings dedicates more than sixty percent of its land allocation to landscaped areas including parks, green corridors and recreational pathways. Approximately 8.4 kilometres of cycling and running tracks are integrated across District One.

CONCLUSION

The Naya complex consists of three separate residential towers arranged as a single integrated residential cluster. The towers contain a mixture of apartment layouts intended to accommodate a range of residents including individual occupants and family households. Residential units are configured with floor to ceiling windows and integrated kitchen appliances. Buildings include shared lobby areas with twenty four hour security and access control as part of the gated District One community structure.

Illustrative model

Scenario modeller

Set your own assumptions and see how DISTRESS DEAL: 3-BR + Maid's IN NAYA 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.

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.

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Enter the asking price to run the model.

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

Location

NAYAMBR City, Dubai

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