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 ORLA

Distress Deal

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

Asking PriceAED 28,000,000
Below Original Price7.5%
Size3,949 sq.ft
Bedrooms3
Price / Sq.FtAED 7,090
HandoverQ4 2026
Sold
Listed 23 June 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 23 June 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 28,000,000

PAYMENTS ON TRANSFER

Payment to seller AED 13,448,827
DLD Transfer fee 4% + 40 AED AED 1,120,040
DLD Registration Trustee fee + 5%VAT AED 5,250
Buyer's agent comission 2% + 5%VAT AED 588,000

PAYMENT PLAN SCHEDULE

4th Installment AED 14,551,173

SUMMARY

Total on Transfer AED 15,162,117
Total remaining Payment Plan AED 14,551,173
TOTAL COST FOR BUYER AED 29,713,290

Layout

Floor plan

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

Floor plan

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

Distress Deal

PROJECT DESCRIPTION

OVERVIEW

This 3-bedroom plus maid's apartment in Orla, Palm Jumeirah, is offered as a distress deal at AED 28,000,000. The reference price for this unit is AED 30,264,000, reflecting a 7.5% discount, or AED 2,264,000 below the original price. With a built-up area of 3,949 sq.ft, the entry basis is AED 7,090 per sq.ft. The apartment is positioned on a mid-level floor (between levels 5 and 10), offers sea views, and includes a balcony and three parking spaces. Handover is scheduled for Q4 2026, and the property is being sold on a payment plan, with approximately half due on transfer and the remainder as per the developer's schedule. The immediate investment thesis is clear: this is a large, high-floor, sea-view residence in a branded Dorchester Collection-managed project, available at a visible discount to the developer's current pricing, with the benefit of a staged payment structure and a handover timeline that allows for market appreciation or resale before completion.

LOCATION & TRANSPORT

Orla is located on the Palm Crescent, the outermost ring of Palm Jumeirah, directly south of Atlantis Hotel. This beachfront position provides uninterrupted 270-degree views of the Arabian Gulf and Dubai skyline. Access to the Palm Crescent is via the main trunk road, with connections to Sheikh Zayed Road, Dubai Marina, and the rest of the city. While the Crescent location is more secluded than the trunk, it offers a quieter environment and direct beach access, which appeals to buyers seeking privacy and prestige. Day-to-day transport is primarily by private car or ride-hailing, with ample parking provided in the development. The location is also within practical reach of Nakheel Mall, The Pointe, and key leisure destinations, supporting both resident convenience and rental appeal for high-end tenants.

AMENITIES & SURROUNDING

Orla is a 14-storey residential development by Omniyat, managed by Dorchester Collection. The project is designed by Foster + Partners and features a limited number of bespoke residences, each with unique layouts, floor-to-ceiling windows, and expansive terraces. Amenities include a private 150-metre beach, multiple swimming pools including a family infinity pool and indoor lap pool, a spa and sauna, fitness centre, residents-only clubhouse, library, cinema room, business centre, cigar lounge, bowling alley, children's play areas, pet grooming salon, picnic pavilions, and outdoor dining spaces. Concierge, doorman, porter, valet, and floristry services are provided by Dorchester Collection, ensuring a high standard of service. The surrounding Palm Crescent area is established, with mature landscaping, direct beach access, and proximity to the island's hospitality and retail offerings.

MARKET

At AED 7,090 per sq.ft, this unit is positioned at the upper end of Dubai’s branded residential segment, reflecting both the Palm Jumeirah location and the Dorchester Collection management. Comparable new-build, branded residences on the Palm typically command a premium, especially for larger layouts with sea views and high-floor positioning. The payment plan structure and Q4 2026 handover provide flexibility for investors, allowing for capital appreciation or resale before completion. The buyer profile for Orla is typically international or UHNW, seeking privacy, service, and architectural distinction. Liquidity in this segment is supported by the scarcity of large, branded, beachfront apartments, but it is important to note that the resale market for ultra-prime off-plan units can be sensitive to broader market cycles and developer reputation. Rental demand is likely to be strongest for long-term, high-end tenants or serviced arrangements, with yields reflecting the premium positioning and service charges associated with Dorchester Collection management. Investors should factor in ongoing costs, including service charges and fit-out, when underwriting returns.

CONCLUSION

This distress deal at Orla offers an investor a visible entry discount into one of Palm Jumeirah’s most architecturally ambitious and service-led developments. The combination of a large, sea-view layout, branded management, and a staged payment plan reduces both completion and liquidity risk compared to less established off-plan launches. The main considerations are the timeline to handover, the premium price point, and the ongoing service charge environment. For buyers seeking a Palm Crescent address with Dorchester Collection services and Foster + Partners design, this deal provides a lower entry basis than current developer pricing, with the flexibility to hold for rental income or resale. As always, careful review of the payment schedule, service charges, and market comparables is advised, but the core thesis is a discounted, high-quality asset in a globally recognised beachfront location, with both end-user and investor appeal.

Illustrative model

Scenario modeller

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

ORLAPalm Jumeirah, Dubai

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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 actually costs.

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