Palm Jumeirah AED 3,558/sqftDubai Maritime City AED 3,148/sqftDowntown Dubai AED 2,920/sqftDubai Islands AED 2,769/sqftDubai Creek Harbour AED 2,564/sqftBusiness Bay AED 2,511/sqftDubai Marina AED 2,484/sqftDubai Hills Estate AED 2,446/sqftJumeirah Lakes Towers AED 2,304/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,048/sqftJumeirah Village Triangle AED 1,664/sqftDubai South AED 1,651/sqftArjan AED 1,588/sqftJumeirah Village Circle AED 1,492/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,558/sqftDubai Maritime City AED 3,148/sqftDowntown Dubai AED 2,920/sqftDubai Islands AED 2,769/sqftDubai Creek Harbour AED 2,564/sqftBusiness Bay AED 2,511/sqftDubai Marina AED 2,484/sqftDubai Hills Estate AED 2,446/sqftJumeirah Lakes Towers AED 2,304/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,048/sqftJumeirah Village Triangle AED 1,664/sqftDubai South AED 1,651/sqftArjan AED 1,588/sqftJumeirah Village Circle AED 1,492/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026
SoldDISTRESS DEAL: 7-BR + Maid's - NAD AL SHEBA GARDENS — distress deal from Mitchell's Commercial Real EstateNad Al Sheba Gardens

Meraas · Nad Al Sheba Gardens

DISTRESS DEAL: 7-BR + Maid's - NAD AL SHEBA GARDENS

Asking price as listedAED 22,900,000AED 2,803 per sq.ft
Original price + DLDAED 24,522,160
DiscountAED 1,622,1606.6% below original price
Unit
7-BR + Maid's
Size
8,169 sq.ft
Developer
Meraas

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

Sold
Listed 13 March 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 13 March 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 24,302,190Everything due at transfer, plus the balance of the payment plan.
Unit priceAED 22,900,000
Step 01Due at transferAED 8,975,840Payable when the unit transfers to the buyer.
  • Payment to sellerAED 7,573,650
  • DLD Transfer fee 4% + 40 AEDAED 916,040
  • DLD Registration Trustee fee + 5% VATAED 5,250
  • Buyer's agent comission 2% + 5% VATAED 514,500
  • Total on transferAED 8,975,840
Step 02Payable to Meraas after transferAED 15,326,350The balance of the payment plan, which the buyer takes over.
  • 15-06-2026AED 2,357,900
  • 15-11-2026AED 1,178,950
  • 15-04-2027AED 1,178,950
  • 15-09-2027AED 1,178,950
  • 15-08-2028AED 9,431,600
  • Total remaining payment planAED 15,326,350

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: 7-BR + Maid's - NAD AL SHEBA GARDENSFloor planView full size

Floor plan

Floor plan for DISTRESS DEAL: 7-BR + Maid's - NAD AL SHEBA GARDENS

Distress Deal

PROJECT DESCRIPTION

OVERVIEW

This 7-bedroom plus maid’s villa in Nad Al Sheba Gardens 7 is offered at AED 22,900,000, which is essentially at the original price, with a nominal AED 22,160 discount (0.1%). The plot size is 8,169 sq.ft, with a built-up area of 8,705 sq.ft, resulting in an entry basis of approximately AED 2,803 per sq.ft. The property is scheduled for completion in Q3 2028 and is being sold on a structured payment plan, with a significant portion due on transfer and the remainder staggered through to handover. This is a large-format, G+2 villa with lagoon and Downtown views, private pool, balcony, and parking. The immediate investment case is not a deep distress discount but rather early access to a flagship villa product in a maturing, privacy-focused community by Meraas, with the ability to secure a substantial, future-ready asset at today’s pricing.

LOCATION & TRANSPORT

Nad Al Sheba Gardens is positioned within Nad Al Sheba 1, adjacent to Meydan and Mohammed Bin Rashid City. The area benefits from direct connectivity to Dubai’s main arterial roads, including Sheikh Mohammed Bin Zayed Road and Al Ain Road, making Downtown Dubai, Business Bay, and Dubai International Airport accessible within a short drive. The community’s location is strategic for families and professionals seeking a balance between city convenience and residential seclusion. Public transport options are developing, but the area is primarily car-oriented, with private vehicles and ride-hailing services forming the main transport layer. For investors, this means the tenant and buyer pool will likely be end-users valuing privacy and connectivity, rather than short-stay or transient occupiers.

AMENITIES & SURROUNDING

Nad Al Sheba Gardens is designed as a gated, masterplanned community with a strong emphasis on greenery, privacy, and active living. Residents will have access to a comprehensive suite of amenities, including an amphitheatre, clubhouse, community farm, cycle routes, dog park, events area, football pitches, market stalls, multi-use sports lawns, outdoor fitness facilities, running tracks, schools, tennis courts, and a wave pool. The development is characterised by landscaped lawns, winding pathways, and distinctive architectural styles, creating a setting that supports both family life and community engagement. The surrounding infrastructure is steadily maturing, with retail, education, and leisure facilities planned as part of the broader Nad Al Sheba and Meydan districts.

MARKET

At an entry price of AED 2,803 per sq.ft, this villa sits at the upper end of Dubai’s villa market, reflecting both its size and the positioning of Nad Al Sheba Gardens as a premium, low-density enclave. Recent land transactions in the area have been recorded at lower per-square-foot rates, but these typically relate to smaller plots or non-prime positions. The buyer profile for this asset is likely to be high-net-worth end-users or investors seeking long-term capital preservation in a new, well-amenitised community. Rentability for such large villas is typically limited to executive or multi-generational family tenants, and liquidity may be slower than for smaller, more mainstream units. The main risk points are the long construction timeline, potential for further supply in the area, and the fact that the current pricing does not reflect a significant distress discount. However, the payment plan structure and the ability to secure a flagship product in a Meraas development may appeal to buyers prioritising quality and future value over immediate yield.

CONCLUSION

This offering is best understood as an opportunity to secure a substantial, future-ready villa in a maturing, privacy-focused Dubai community at today’s price point, rather than as a deep-value distress acquisition. The minimal discount means the deal is not about immediate arbitrage, but about locking in a flagship asset with a flexible payment plan and the backing of a reputable developer. Investors should be aware of the long handover timeline and the evolving nature of the surrounding infrastructure, but the underlying case is clear: this is a large-format, high-specification villa in a community designed for long-term family living and capital preservation. For buyers seeking scale, privacy, and a future-proof address in Dubai, Nad Al Sheba Gardens 7 offers a credible, if not deeply discounted, entry into a segment with enduring end-user demand.

Location

NAD AL SHEBA GARDENS — Nad Al Sheba Gardens, Dubai

Get Directions

Illustrative model

Scenario modeller

Set your own assumptions and see how DISTRESS DEAL: 7-BR + Maid's - NAD AL SHEBA GARDENS 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?