1-Bedroom High-Floor Apartment in Altus Tower 1, Dubai Creek Harbour, 9.3% Below OP

Property Overview

This 1-bedroom off-plan apartment in Altus Tower 1 by Emaar, Dubai Creek Harbour, is offered at AED 1,700,000 for 815.12 sq ft of built-up area, or about AED 2,086 per sq ft. The asking price is AED 173,888 below the agent-stated original purchase price of AED 1,873,888, a 9.3% reduction. The agent reports a high-floor unit with a community view and handover expected in Q3 2027.

Property Highlights

• Property type: Apartment
• Bedrooms: 1
• Built-up area: 815.12 sq ft
• Asking price: AED 1,700,000
• Original price (agent-stated): AED 1,873,888
• Saving versus original price: AED 173,888 (9.3%)
• Asking rate: approximately AED 2,086 per sq ft
• Floor: high floor (agent-stated)
• View: community
• Status: off-plan, expected handover Q3 2027
• Developer: Emaar Properties

Why the Price Qualifies as Below OP

The listing is classified as Below OP because the asking price of AED 1,700,000 is lower than the original purchase price of AED 1,873,888 stated in the agent's brief. The difference is AED 173,888, or 9.3% of the original price.

The original price comes from the agent's brief received on 28 October 2026 and has not yet been checked against the SPA, Oqood or DLD records. The comparison reflects what the seller originally paid; it is not a claim that the unit is below current market value.

About the Project, Developer and Community

Altus is a residential project by Emaar Properties in Dubai Creek Harbour, Emaar's waterfront master community on Dubai Creek beside the Ras Al Khor Wildlife Sanctuary. This unit is in Tower 1.

Layout, Floor and View

The agent confirms a 1-bedroom layout of 815.12 sq ft on a high floor with a community view. Exact floor, bathrooms, parking and furnishing were not supplied. Ask the DPF team for the floor plan.

Payment Plan and Handover

Handover is expected in Q3 2027, according to the agent. No payment plan, amount paid or outstanding balance was supplied. Confirm these, along with transfer and NOC fees, against the SPA and Emaar's statement of account before making an offer.

Location and Connectivity

Dubai Creek Harbour has road access to Ras Al Khor Road and Al Khail Road, linking it with Downtown Dubai, Business Bay and Dubai International Airport. Travel times vary with traffic and are not quoted here.

Verification Notes

• Agent-supplied facts: Altus Tower 1, Emaar, Dubai Creek Harbour, 1-bedroom apartment, 815.12 sq ft, off-plan, high floor, community view, Q3 2027 handover, original price AED 1,873,888 and asking price AED 1,700,000.
• DPF-calculated figures: AED 173,888 (9.3%) below the original price and approximately AED 2,086 per sq ft.
• Not yet verified: SPA, Oqood or DLD records, payment status, bathrooms, parking and service charges.