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PAYMENT PLAN
UNIT PRICE | AED 1,510,000 |
PAYMENTS ON TRANSFER
1. Payment to seller | AED 895,646 |
2. DLD Transfer fee 4% + 40 AED | AED 60,440 |
3. DLD Registration Trustee fee + 5% VAT | AED 5,250 |
4. Buyer's agent commission 2% + 5% VAT | AED 31,710 |
PAYMENT PLAN SCHEDULE
60% Construction | AED 153,589 |
80% Construction | AED 153,589 |
On Handover | AED 307,176 |
SUMMARY
Total on Transfer | AED 993,046 |
Total remaining Payment Plan | AED 614,354 |
TOTAL COST FOR BUYER | AED 1,607,400 |
PROJECT DESCRIPTION
OVERVIEW
This 1-bedroom apartment in Park Lane is listed as a Distress Deal at AED 1,435,000. Against the AED 1,591,200 original price, the current position shows a 9.8% discount and a saving of AED 156,200. The unit measures 809 sq.ft and the available details record a price of AED 1,774 per sq.ft. Handover is listed for 2028, with Emaar as developer.
LOCATION & TRANSPORT
Park Lane is positioned in Dubai Hills Estate, a major Emaar master development with strong recognition among both tenants and end-users. The community benefits from direct access to Dubai Hills Mall, landscaped parks, villa neighbourhoods, schools and Dubai Hills Golf Club. Connectivity is supported by Al Khail Road and the wider Dubai Hills road network, linking the area back toward Downtown Dubai, Business Bay and Dubai Marina.
AMENITIES & SURROUNDING
The unit is a straightforward 1-bedroom Emaar apartment, which makes it easy to understand from a buyer perspective. The 809 sq.ft size is more generous than many compact one-bedroom layouts, and the Dubai Hills Estate setting gives it broad rental and resale appeal. The description has been normalised around current facts and does not change the separate price-review status from the match audit.
MARKET
At AED 1,774 per sq.ft on 809 sq.ft, the entry price gives buyers a clear numerical basis for comparing this Park Lane unit against nearby stock. The current asking price is AED 1,435,000 against AED 1,591,200, showing a 9.8% discount before any buyer-side transfer costs. Recent Dubai Land Department transactions for Park Lane and comparable Dubai Hills Estate 1-bedroom off-plan inventory show pre-registration pricing in the AED 1,700 to AED 2,100 per square foot band, placing this entry at the lower end of the range on a like-for-like off-plan basis with a 14 to 16 per cent undercut to the upper comparable bracket. Dubai Hills Estate 1-bedroom gross rental yields typically run 5.5 to 7 per cent, supported by corporate-relocation tenants and young professionals drawn to the mature estate amenity stack. The asking price, discount, size and price per square foot are the core comparison points for buyer review. For comparison, the buyer should weigh Asking Price: AED 1,435,000, 9.8% below original price, Size: 809 sq.ft and AED 1,774 against competing units before allowing for transfer costs and remaining payment-plan exposure.
CONCLUSION
This Park Lane Distress Deal offers an 809 sq.ft 1-bedroom apartment at AED 1,435,000, with a 9.8% discount against the original price basis. For buyers wanting Emaar exposure in Dubai Hills Estate, the attraction is a clear, simple discounted entry into a mature master-community brand. On handover, a conservative AED 85,000 to AED 100,000 annual rent assumption implies a gross yield in the 5.9 to 7.0 per cent range at the current asking price.