1 Bed on 15th Floor of DAMAC Bay Tower C, Dubai Harbour – Full Sea View, 16% Below Original Price

1-Bedroom Apartment Dubai Harbour Dubai — Apartment Exterior
1-Bedroom Apartment Dubai Harbour Dubai. Apartment Exterior.

AED 3,000,000 was AED 3,584,880

Deal typeBelow OP
PriceAED 3,000,000
Original priceAED 3,584,880
SavingAED 584,880 (16.3%)
Bedrooms1
Size829 sq.ft
TypeApartment
StatusOff-Plan
HandoverQ1 2027
DeveloperDAMAC Properties
Area / Master developmentDubai Harbour
CommunityDubai Harbour

Property Overview

This semi-furnished one-bedroom apartment on the 15th floor of DAMAC Bay Tower C, Dubai Harbour, is an off-plan resale offered at AED 3,000,000 for 829 sq ft. The agent describes a full sea view and a handover in Q1 2027. The stated original purchase price is AED 3,584,880, so the asking price is AED 584,880 (16.3%) below OP. The owner is selling because they cannot continue the payment plan.

Property Highlights

  • Asking price: AED 3,000,000
  • Original purchase price (agent-stated): AED 3,584,880
  • Saving versus OP: AED 584,880 (16.3%)
  • Built-up area: 829 sq ft
  • Rate: approximately AED 3,619 per sq ft
  • Floor: 15th (agent-stated)
  • View: full sea view (agent-stated)
  • Furnishing: semi-furnished (agent-stated)
  • Handover (agent-stated): Q1 2027
  • Amount due today (agent-stated): AED 2,309,910

Why the Price Qualifies as Below OP

The benchmark is the seller's original purchase price of AED 3,584,880, from the agent brief received on 14 October 2026. The asking price of AED 3,000,000 is AED 584,880 lower, equal to 16.3% of OP, matching the agent's stated loss of AED 584,880 and roughly 16% discount. Dividing the asking price by 829 sq ft gives about AED 3,619 per sq ft.

This comparison is with the seller's own purchase price only. It is not a claim that the unit is below current market value. Confirm the original price in the SPA before making an offer.

About the Project, Developer and Community

DAMAC Bay is a three-tower waterfront development by DAMAC Properties at Dubai Harbour, with design by Roberto Cavalli. The towers are linked by podium levels and a rooftop bridge. Published amenities include three rooftop infinity pools, a podium water maze and wave pool, a gym, tropical gardens with cabanas, children's splash pads and play areas, retail and dining, and beach access reserved for residents.

Layout, Floor and View

The agent describes an 829 sq ft one-bedroom apartment on the 15th floor of Tower C, with a full sea view and semi-furnished interiors. Bathroom count, parking and the scope of the furniture have not been supplied and should be confirmed from the SPA and floor plan.

Payment Plan and Handover

The agent states that AED 2,309,910 is due today, but the brief does not say what that payment covers. It may be the amount payable to the seller and any overdue instalments, with about AED 690,090 left for later, but this has not been confirmed. Before committing, obtain DAMAC's statement of account showing what has been paid, any overdue amounts and penalties, and the remaining balance. The agent gives handover as Q1 2027; confirm it in the SPA.

Because the owner reports being unable to continue the payment plan, check with DAMAC whether any default notices have been issued and that the unit can be transferred.

Location and Connectivity

Dubai Harbour sits between Dubai Marina and Palm Jumeirah, off King Salman Bin Abdulaziz Al Saud Street and Sheikh Zayed Road, close to JBR and Bluewaters Island. Exact travel times depend on the route and time of day and have not been verified for this listing.

Verification Notes

  • Agent-supplied facts: tower, unit type, size, 15th floor, full sea view, semi-furnished, Q1 2027 handover, owner unable to continue payments, AED 2,309,910 due today, asking price and original price.
  • DPF-calculated figures: saving amount, saving percentage and price per sq ft.
  • External research: tower count, design partner and amenities, from a secondary property portal rather than an official DAMAC page.
  • Open points: what the AED 2,309,910 due today covers, and whether any default or penalty applies.
  • Not supplied: amount paid to date, remaining balance, bathrooms, parking, unit number and service charge.

Frequently asked questions

What is the asking price of this DAMAC Bay apartment?

The asking price is AED 3,000,000 for a semi-furnished 829 sq ft one-bedroom apartment on the 15th floor of DAMAC Bay Tower C, Dubai Harbour.

How far below the original price is it?

The agent states an original purchase price of AED 3,584,880. The asking price is AED 584,880 lower, a saving of 16.3% against the seller's OP, to be confirmed from the SPA.

What is the price per square foot?

At AED 3,000,000 for 829 sq ft, the rate is approximately AED 3,619 per sq ft.

What does 'due today' mean?

The agent states AED 2,309,910 is due today but did not explain the breakdown. Ask for DAMAC's statement of account showing paid, overdue and remaining amounts.

Why is the owner selling?

According to the agent, the owner cannot continue the payment plan. Check with DAMAC whether any default notice or penalty applies before signing.

When is handover?

The agent gives Q1 2027. Confirm the contractual date in the SPA and check construction progress with DAMAC.

What should be verified before buying?

Confirm the payment breakdown, any default status, the handover date, bathrooms, parking, furniture inventory and DAMAC transfer fees.

Buyer costs

What you will pay

Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.

AED
Sale price—
DLD transfer fee—
NOC fee—
Trustee / registration—
Agency fee—
VAT on agency (5%)—

Total cost

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Full payment schedule and unit details are released to qualified buyers on enquiry.

Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.

Finance

Mortgage estimate

Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.

AED
Down payment—
Loan amount—
Total interest—
Total repaid—

Monthly payment

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Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.

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