1 Bed at Bayline, Mina Rashid – Urgent Resale Below Original Price Plus DLD

Property Overview

This one-bedroom off-plan apartment at Bayline by Emaar in Mina Rashid is an urgent resale offered at AED 1,425,000 for 814 sq ft. The agent describes a low-floor unit with a boulevard view. The stated original purchase price is AED 1,690,000, so the asking price is AED 265,000 (15.7%) below OP and 18.9% below OP plus the 4% DLD fee. According to the agent, only AED 975,000 is payable on transfer.

Property Highlights

• Asking price: AED 1,425,000
• Original purchase price (agent-stated): AED 1,690,000
• Saving versus OP: AED 265,000 (15.7%)
• OP plus 4% DLD fee (calculated): AED 1,757,600
• Saving versus OP plus DLD: AED 332,600 (18.9%)
• Built-up area: 814 sq ft
• Rate: approximately AED 1,751 per sq ft
• Floor: low floor (agent-stated)
• View: boulevard (agent-stated)
• Payable on transfer (agent-stated): AED 975,000
• Handover (agent-stated): Q1–Q2 2027

Why the Price Qualifies as Below OP

The benchmark is the seller's original purchase price of AED 1,690,000, from the agent brief received on 14 October 2026. The asking price of AED 1,425,000 is AED 265,000 lower, equal to 15.7% of OP. Adding the standard 4% DLD fee (AED 67,600) gives AED 1,757,600, so the asking price is AED 332,600 (18.9%) below the seller's combined cost. The agent describes the deal as 16% below OP plus DLD; DPF's calculation shows about 15.7% below OP alone and 18.9% below OP plus DLD. Dividing the asking price by 814 sq ft gives about AED 1,751 per sq ft.

This comparison is with the seller's own purchase cost only. It is not a claim that the unit is below current market value.

About the Project, Developer and Community

Bayline is a residential project by Emaar Properties in Rashid Yachts and Marina, the redeveloped harbour at Mina Rashid. It offers one- to three-bedroom apartments and three-bedroom duplexes. Published amenities include a swimmable canal pool, a gym, a splash pad, a community park, a boardwalk promenade and retail and dining.

Layout, Floor and View

The agent describes an 814 sq ft one-bedroom apartment on a low floor facing the boulevard. The exact floor, bathroom count and parking have not been supplied and should be confirmed from the SPA and floor plan.

Payment Plan and Handover

The agent states that only AED 975,000 is payable on transfer. That implies about AED 450,000 of the asking price remains for later, most likely as the outstanding balance to Emaar. Confirm the split with Emaar's statement of account. Bayline launched on a plan of 10% on booking, 80% during construction and 10% on handover.

The agent gives handover as Q1–Q2 2027, while a secondary portal lists Q4 2027. The draft uses the later end of the agent's range, Q2 2027. Confirm the contractual date in the SPA.

Location and Connectivity

Mina Rashid sits on the coast at Port Rashid, next to Bur Dubai and close to Jumeirah, Downtown Dubai and Dubai Maritime City. Exact travel times depend on the route and time of day and have not been verified for this listing.

Verification Notes

• Agent-supplied facts: project, unit type, size, low floor, boulevard view, AED 975,000 payable on transfer, Q1–Q2 2027 handover, asking price and original price.
• DPF-calculated figures: savings against OP and against OP plus 4% DLD, price per sq ft and the implied amount payable later.
• External research: developer, unit mix, amenities, launch payment plan and Q4 2027 portal handover, from a secondary property portal rather than an official Emaar page.
• Corrected figure: the agent's 16% matches the discount to OP; against OP plus DLD it is 18.9%.
• Not supplied: amount paid to date, exact floor, bathrooms, parking and unit number.