Palm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026
SoldDISTRESS DEAL: 4-BR IN GRAND POLO - EQUESTRA — distress deal in DIP II from Mitchell's Commercial Real EstateGRAND POLO - EQUESTRA · DIP II

Emaar · DIP II

DISTRESS DEAL: 4-BR IN GRAND POLO - EQUESTRA

Asking price as listedAED 4,300,000AED 1,748 per sq.ft
Original price + DLDAED 5,012,684
DiscountAED 712,68414.2% below original price
Unit
4-BR
Size
2,460 sq.ft
Developer
Emaar
Handover
Q2 2029

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

Sold
Listed 21 May 2026Status confirmed 17 September 2026

This unit has sold. 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.

Looking for another distressed property deal?

This unit has sold. Tell us the size, area and budget you're working to and a member of the Mitchell's team will come back with the stock that currently matches. It takes under a minute, and there's no obligation.

Choose one — the next questions adapt to your answer.

On this page

Quick navigation

The numbers

Payment breakdown

Total cost for buyer, as listedAED 4,567,590Everything due at transfer, plus the balance of the payment plan.
Unit priceAED 4,300,000
Step 01Due at transferAED 711,680Payable when the unit transfers to the buyer.
  • Payment to sellerAED 444,090
  • DLD Transfer fee 4% + 40 AEDAED 172,040
  • DLD Registration Trustee fee + 5%VATAED 5,250
  • Buyer's agent commission 2% + 5%VATAED 95,445
  • Total on transferAED 711,680
Step 02Payable to Emaar after transferAED 3,855,910The balance of the payment plan, which the buyer takes over.
  • 7-Jul-2026AED 481,989
  • 7-Jan-2027AED 481,989
  • 7-Jul-2027AED 481,989
  • 4-Mar-2028AED 722,983
  • 29-Jul-2028AED 722,983
  • On Handover (31-Aug-2029)AED 963,977
  • Total remaining payment planAED 3,855,910

This unit has sold. Tell us what you are looking for and we will send the deals that are open now.

Show me deals like this one

Layout

Floor plan

Floor plan for DISTRESS DEAL: 4-BR IN GRAND POLO - EQUESTRAFloor planView full size

Floor plan

Floor plan for DISTRESS DEAL: 4-BR IN GRAND POLO - EQUESTRA

Distress Deal

PROJECT DESCRIPTION

OVERVIEW

This four-bedroom townhouse in Grand Polo – Equestra is offered as a distress deal at AED 4,300,000, reflecting a 14.2% discount from the original price of AED 5,012,684. The built-up area is 2,460 sq.ft, with a plot size of approximately 2,919 sq.ft, placing the entry basis at AED 1,748 per sq.ft. The property is a Type A layout, with ground plus one floor, balcony, and parking included. Handover is scheduled for Q2 2029, and the payment plan is structured with an initial payment on transfer and staged instalments through to completion. The immediate investment thesis is a below-market entry into a branded Emaar community, with a significant discount to the original launch price and a payment plan that reduces capital outlay during construction. For investors, this is a forward-purchase opportunity in a master-planned, amenity-rich district, with the pricing advantage locked in at today’s rates.

LOCATION & TRANSPORT

Grand Polo – Equestra is situated within Dubai Investment Park II (DIP II), a growing mixed-use area in Dubai’s southwest corridor. The wider Grand Polo Club and Resort masterplan is designed to offer a blend of residential, leisure, and equestrian facilities. DIP II benefits from established road connectivity, with access to Sheikh Mohammed Bin Zayed Road (E311) and Emirates Road (E611), providing straightforward routes to Dubai Marina, Jebel Ali, and Al Maktoum International Airport. Public transport options are developing, but private car use remains the primary mode for residents. The area’s positioning appeals to families and professionals seeking a quieter suburban environment with access to Dubai’s main employment and leisure hubs. For investors, the location supports both end-user and rental demand, especially as infrastructure and community facilities mature over the coming years.

AMENITIES & SURROUNDING

Equestra’s amenities are shared with the wider Grand Polo Club and Resort community, which is planned to include an amphitheatre, clubhouse, community centre, landscaped gardens, and a variety of sports and leisure facilities. Residents will have access to swimming pools, fitness areas, a basketball half-court, football pitch, padel tennis court, volleyball court, and a multi-purpose sports area. There are also dedicated spaces for yoga, meditation, and outdoor activities such as a walking track, picnic areas, barbecue facilities, and a dog park. The development’s equestrian theme is reflected in the inclusion of stables and a pump track, catering to residents with an interest in horse riding and outdoor pursuits. Surrounding infrastructure is expected to include retail, dining, and everyday services as the community matures, supporting a self-contained residential environment. The overall amenity provision is designed to appeal to families and active residents, with a focus on lifestyle and recreation.

MARKET

At AED 1,748 per sq.ft, this four-bedroom townhouse is priced below recent launch and resale benchmarks for comparable Emaar off-plan communities. Recent transaction data for Equestra indicates that three-bedroom villas have transacted at AED 1,748 per sq.ft, and land sales in the area have ranged from AED 2,044 to AED 1,748 per sq.ft. The current offer therefore positions the buyer at a visible discount to both launch and recent market activity. The payment plan, with a significant portion due on handover, reduces capital risk during construction and may appeal to investors seeking to manage cash flow. The buyer profile is likely to include both end-users looking for a family home in a new Emaar community and investors targeting rental demand from professionals and families. Risks include the long construction timeline, potential changes in market sentiment before handover, and the need for the wider community infrastructure to be delivered as planned. However, the Emaar brand and the scale of the masterplan support both liquidity and rentability, provided the project progresses on schedule.

CONCLUSION

This distress deal offers a discounted entry into a planned Emaar community with a strong amenity profile and a practical payment plan. The 14.2% discount to original price, combined with the staged payment structure, provides an investor with both price advantage and capital management flexibility. The main considerations are the construction timeline and the delivery of community infrastructure, but the fundamentals of location, developer reputation, and planned amenities are positive. For buyers seeking a mid-term investment in Dubai’s suburban growth corridors, or end-users planning for future occupation, this deal presents a balanced risk-reward profile. The pricing and structure make this a credible case for investors looking for value in Dubai’s off-plan townhouse market.

Location

GRAND POLO - EQUESTRA — DIP II, Dubai

Get Directions

Illustrative model

Scenario modeller

Set your own assumptions and see how DISTRESS DEAL: 4-BR IN GRAND POLO - EQUESTRA 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.

Nothing to calculate yet

Enter the asking price to run the model.

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.

Got questions?

Get Answers!

Read next

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 costs.

The gold rule under an entry is its length, against the longest piece here.

Guides

Articles

Need help?