Off-Market Distress Deal: 2 Bedroom in Rixos Residences, Dubai Islands – Sea View | AED 4,470,000 - Payment Plan

Payment Plan and Pricing – Rixos Residences, Dubai Islands, Dubai

This is a secondary market distress sale with a clearly structured three-tranche payment plan spanning from SPA execution to December 2026 handover. Full financial summary:

• Asking Price: AED 4,470,000
• Original Purchase Price: AED 4,800,000
• Saving vs OP: AED 330,000 (approximately 6.9%)
• Price per Sq.ft: AED 2,794 per sq.ft

Three-Tranche Payment Schedule:

• Tranche 1 — To Seller (on SPA): AED 2,546,780
• Tranche 2 — To Developer Before Trustee: AED 961,760
• Tranche 3 — 20% On Handover (December 2026): AED 961,760
• Total: AED 4,470,300 (rounded to AED 4,470,000)

Additional Transaction Costs: DLD transfer fee typically 4% (approximately AED 178,800); developer NOC and admin charges; trustee office fees; real estate agent commissions if applicable; annual service charges. All costs should be independently verified before proceeding. This is a freehold property available to all nationalities.