Distress Deal: 2 Bedroom in DAMAC Safa Two, Business Bay – Full Sea & Burj Al Arab View | AED 3,596,000 - Payment Plan

Payment Plan and Pricing – DAMAC Safa Two, Business Bay, Dubai

This is an urgent secondary market distress sale. The full financial summary is as follows:

• Original Purchase Price (2022): AED 4,281,000
• Asking Price: AED 3,596,000
• Discount vs Original Price: AED 685,000 — 16% below the 2022 purchase price
• Already Paid to DAMAC Properties: AED 2,313,500 (54% of the original price)
• Estimated Remaining Balance to Developer: AED 1,967,500 (approximately 46%)
• Handover: Q2 2027

The buyer assumes the remaining instalment schedule payable directly to DAMAC Properties. The exact payment milestone breakdown — covering the precise amounts still outstanding and their due dates — is available on request from the seller or via the DAMAC SPA (Sale and Purchase Agreement). Additional transaction costs include the Dubai Land Department (DLD) transfer fee (typically 4% of the purchase price), DAMAC's NOC/admin fee, and any applicable annual service charges. All figures should be independently verified with legal counsel before proceeding. This is a freehold property available to all nationalities.