District One West Phase 1 | 7 Bed Type A Villa | 14,531 Sq.Ft. Plot | AED 58M - Payment Plan

This District One West Phase 1 — 7 Bedroom Type A Villa is available via a payment plan transfer on the secondary market. The original buyer has paid 50% of the original purchase price (AED 30,000,000) and is seeking a motivated buyer to take over the remaining payment obligations.

Payment Plan Transfer Details

• Original Purchase Price: AED 60,000,000
• Amount Paid to Date: AED 30,000,000 (50%)
• Remaining Balance: On transfer — contact for details
• Transfer Fees: Buyer responsibility — approximately 4% DLD + transfer agency fees
• Nakheel NOC: Required for transfer — seller to provide

Why This Payment Plan Structure Benefits the Buyer

• Reduced Upfront Capital: Only the transfer amount and transfer costs are due at closing — not the full purchase price
• Immediate Equity: With 50% already paid and the property priced at AED 58M (vs. OP of AED 60M), the buyer benefits from immediate unrealised equity
• Assumed Payment Schedule: The remaining payment plan instalments — already structured by Nakheel — transfer to the new buyer
• No Construction Risk: With 50% paid, the construction risk has been substantially absorbed by the original buyer

Transfer Process

1. Buyer confirms interest and signs NDA
2. Buyer reviews the original payment plan schedule and Nakheel NOC
3. Both parties agree transfer terms and sign transfer agreement
4. Transfer submitted to Nakheel for NOC
5. NOC issued, DLD transfer completed, and keys handed over

Comparison: District One West vs. Direct Developer Purchase

• Direct from Nakheel: AED 60M+ for a comparable 7BR villa in District One West
• This Listing (Secondary Market): AED 58M with 50% already paid
• Savings vs. Developer: AED 2M minimum + construction risk already absorbed

Contact Distress Property Finder

For full payment plan details, Nakheel NOC status, and to arrange a private viewing of this exceptional District One West Phase 1 opportunity, contact Distress Property Finder today.