Palm Jumeirah AED 3,549/sqftDubai Maritime City AED 3,144/sqftDowntown Dubai AED 2,884/sqftDubai Islands AED 2,775/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,500/sqftDubai Marina AED 2,476/sqftDubai Hills Estate AED 2,460/sqftJumeirah Lakes Towers AED 2,321/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,054/sqftJumeirah Village Triangle AED 1,656/sqftDubai South AED 1,653/sqftArjan AED 1,588/sqftJumeirah Village Circle AED 1,487/sqftDubai Sports City AED 1,326/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,549/sqftDubai Maritime City AED 3,144/sqftDowntown Dubai AED 2,884/sqftDubai Islands AED 2,775/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,500/sqftDubai Marina AED 2,476/sqftDubai Hills Estate AED 2,460/sqftJumeirah Lakes Towers AED 2,321/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,054/sqftJumeirah Village Triangle AED 1,656/sqftDubai South AED 1,653/sqftArjan AED 1,588/sqftJumeirah Village Circle AED 1,487/sqftDubai Sports City AED 1,326/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026
SoldDISTRESS DEAL: 4-BR IN DAMAC SUN CITY — distress deal from Mitchell's Commercial Real EstateDAMAC Sun City1 / 2

DAMAC · DAMAC Sun City

DISTRESS DEAL: 4-BR IN DAMAC SUN CITY

Asking price as listedAED 2,600,000AED 1,121 per sq.ft
Original price + DLDAED 3,053,440
DiscountAED 453,44014.9% below original price
Unit
4-BR
Size
2,319 sq.ft
Developer
DAMAC

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

Sold
Listed 17 September 2026

This unit has sold. The page is kept as a record. Every figure on it — the asking price, the discount to original price and the payment schedule — is the position as listed on 17 September 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

Total cost for buyer, as listedAED 2,777,330The unit price plus the transfer fees and commission — the whole commitment, not the headline.
Unit priceAED 2,600,000
Fees and commissionAED 177,330
Step 01Due at transferAED 1,074,450Payable when the unit transfers to the buyer.
  • Payment to sellerAED 897,120
  • DLD Transfer fee (4% of OP + 40 AED)AED 117,480
  • Trustee Office FeeAED 5,250
  • Buyer's Agency Commission (2% + VAT)AED 54,600
  • Total on transferAED 1,074,450
Step 02Payable to DAMAC after transferAED 1,702,880The balance of the payment plan, which the buyer takes over.
22 scheduled payments · AED 1,702,880
  • 21-JUN-2026 — overdueAED 29,360
  • 21-JUL-2026 — overdueAED 29,360
  • 21-AUG-2026AED 29,360
  • 21-SEP-2026AED 146,800
  • 21-OCT-2026AED 29,360
  • 21-NOV-2026AED 29,360
  • 21-DEC-2026AED 29,360
  • 21-JAN-2027AED 29,360
  • 21-FEB-2027AED 29,360
  • 21-MAR-2027AED 146,800
  • 21-APR-2027AED 29,360
  • 21-MAY-2027AED 29,360
  • 21-JUN-2027AED 29,360
  • 21-JUL-2027AED 29,360
  • 21-AUG-2027AED 29,360
  • 21-SEP-2027AED 146,800
  • 21-OCT-2027AED 29,360
  • 21-NOV-2027AED 29,360
  • 21-DEC-2027AED 29,360
  • 21-JAN-2028AED 29,360
  • 21-FEB-2028AED 29,360
  • On CompletionAED 734,000
  • Total remaining payment planAED 1,702,880

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Layout

Floor plan

Floor plan for DISTRESS DEAL: 4-BR IN DAMAC SUN CITYFloor planView full size

Floor plan

Floor plan for DISTRESS DEAL: 4-BR IN DAMAC SUN CITY

Distress Deal

PROJECT DESCRIPTION

OVERVIEW

This is a four-bedroom middle-unit townhouse in DAMAC Sun City, Dubailand, offered at AED 2,600,000. The source records an original price plus the 4% DLD fee of AED 3,053,440, so the asking figure sits AED 453,440, or 14.9%, below original price. The built-up area is 2,319.19 sq.ft, or 215.46 sq.m, arranged over ground plus one floor, which puts the entry basis at AED 1,121 per square foot on built-up area against AED 1,317 originally. Taking the buyer's full commitment of AED 2,777,330 rather than the asking price alone, the all-in basis is AED 1,198 per square foot, a saving of AED 196 per foot against the original rate. The unit type is THSC-M, with a garden and patio, two balconies and two carport parking spaces, and handover is on completion.

LOCATION & TRANSPORT

DAMAC Sun City sits in Dubailand between Emirates Road and Al Qudra Road, with Al Maktoum International Airport to the south-west. DAMAC's own brochure states journey times of 15 minutes to Sports City, Motor City and DAMAC Hills, 22 minutes to the Expo 2020 venue, 23 minutes to Al Maktoum International Airport and 28 minutes to Dubai International Airport. Those are the developer's published figures, reproduced as they stand, and we have not independently verified them. The community is closer to Al Maktoum than to Dubai International, which is the orientation of the city's next decade rather than its last. Travel is by car, and there is no metro connection to this part of Dubailand.

AMENITIES & SURROUNDING

The attribute that separates this unit from the rest of its row is its position. It sits in a single row backing directly onto the park, with no townhouse behind it: the rear boundary gives on to the community's green space and recreation areas, reached from the back of the plot rather than by walking round the block. For a middle unit that distinction is material: such a unit is ordinarily bounded on both sides and to the rear by other houses, while this one is bounded to the rear by open landscape, so it holds the price of a middle unit with the outlook and privacy of a plot with nothing built behind it. In our assessment that is among the most sought-after positions in the community. Internally the ground floor carries living, dining, kitchen, storage and one bedroom; the first floor carries the master with en-suite and walk-in closet, two further bedrooms and two balconies. The specific plot position should be confirmed against DAMAC's cluster plan before exchange.

MARKET

The 14.9% reduction is measured against the original price plus the 4% DLD registration fee, which is the basis the source publishes. It compares the asking figure with what the first buyer committed; it is not a valuation against current resale evidence, and we have not attached one. The structure is worth reading closely. AED 1,074,450 falls due at transfer, of which AED 897,120 goes to the seller and AED 117,480 is the DLD transfer fee at 4% of the original price plus AED 40. A further AED 1,702,880 remains payable to the developer, ending with 25%, or AED 734,000, on completion. Under 39% of the total falls at transfer and the balance is spread to 2028, which suits a buyer funding from income rather than from a single lump. The arrears figure is as at 14 July 2026 and will have grown; two further instalments fell due on 21 August and 21 September 2026.

CONCLUSION

This suits a family buyer or a long-hold investor who wants a four-bedroom house with a park behind it at a middle-unit price, and who is content to complete in 2028. The position is the part of the proposition that cannot be replicated by a later purchase in the same row. The caution is administrative rather than structural: the arrears must be cleared before DAMAC will issue the NOC to transfer, though whether the seller settles them or the buyer funds them does not change the buyer's total. A current statement of account should be obtained before terms are agreed. Contact us for the floor plans, the statement of account and a viewing of the cluster.

Location

DAMAC SUN CITY — DAMAC Sun City, Dubai

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Illustrative model

Scenario modeller

Set your own assumptions and see how DISTRESS DEAL: 4-BR IN DAMAC SUN CITY behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Purchase

The price you are 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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Every figure recalculates as you type. Use the price you are considering.

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.

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.

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