Payment Terms – Distress Resale, Northline at City Walk by Meraas, Dubai
This is an off-plan distress resale at AED 1,950,000 — AED 210,000 below the original developer price of AED 2,160,000. The payment structure for the new buyer is governed by the original Meraas payment plan — specifically, the amount already paid by the current seller and the instalments remaining toward handover in Q3 2027. These details must be confirmed from the original Meraas SPA before any reservation is placed. A complete and personalised cost breakdown is available on request from our advisory team.
- Selling Price: AED 1,950,000
- Original Developer Price: AED 2,160,000
- Saving vs Original Price: AED 210,000 (≈9.7%)
- Original DLD Paid by Seller (4%): AED 86,400
- New Buyer DLD (4% on AED 1,950,000): AED 78,000
- DLD Line Saving: AED 8,400
- Effective Total Saving vs OP + DLD: Approximately AED 296,400
- DLD Registration Fee: AED 4,000
- Meraas NOC Fee: Applicable — to be confirmed with developer
- Remaining Meraas Instalment Obligations: To be confirmed from original payment plan
- Agency / Brokerage Fee: Available on request
- Handover: Q3 2027 — confirm latest schedule with Meraas