1-Bedroom Off-Plan Resale at Sunset Bay 5, Dubai Islands — 20% Below Original Price

Property Overview

This is an off-plan one-bedroom resale apartment at Sunset Bay 5, an Imtiaz Developments project on Dubai Islands, Dubai. With a stated size of approximately 995 sq ft, it is offered at AED 1,725,052 — AED 431,263 below the stated original purchase price of AED 2,156,315, a discount of about 20.0%, and an indicative AED 1,734 per sq ft.

Property Highlights

• Off-plan one-bedroom resale at Sunset Bay 5, Dubai Islands
• Approximately 995 sq ft
• Priced about 20% (AED 431,263) below the stated original purchase price
• Boutique furnished beachfront residence by Imtiaz Developments
• Asking price of AED 1,725,052 (approximately AED 1,734 per sq ft)

Why the Price Qualifies as Below OP

The listing states the apartment was originally purchased for AED 2,156,315. Against the current asking price of AED 1,725,052, this represents:

• Savings amount: AED 431,263
• Savings versus original price: approximately 20.0%
• Indicative rate: approximately AED 1,734 per sq ft, based on the stated ~995 sq ft

This is an urgent resale from a motivated seller. The benchmark is the seller/advertiser-supplied original purchase price rather than a Dubai Land Department transaction record or a dated market valuation, and the original purchase date was not supplied. Buyers should confirm the original purchase figure and the current terms in the signed SPA and DLD records before relying on the discount.

About the Project, Developer and Location

Sunset Bay 5 is an off-plan boutique residential project by Imtiaz Developments on Dubai Islands, a waterfront destination in northern Dubai. The building offers a small number of fully furnished one to three-bedroom apartments with sea and sunset views, sizes across the project ranging from roughly 965 to 2,009 sq ft. Public developer and market sources report a scheduled handover in the region of Q4 2027, though listed dates vary between sources; buyers should confirm the current handover with the developer, as the brief did not supply one.

Layout, Floor and View

The brief describes a one-bedroom apartment of approximately 995 sq ft. Floor level, view orientation, bathroom count, parking and the furnishing status of this specific unit were not confirmed in the brief and should be verified; the developer markets the project as delivered fully furnished. To keep this listing accurate, no unit-specific details beyond those supplied have been added.

Payment Plan and Handover

This is an off-plan resale, so the buyer takes over the seller's position in the project subject to the developer's transfer process and the signed SPA. The project's standard structure has been marketed as a 60/40 payment plan, but the amount paid to date on this unit, the outstanding balance, developer transfer fees and the exact handover date were not supplied and must be confirmed with the seller and developer.

Location and Connectivity

Dubai Islands is a waterfront community in northern Dubai, close to Deira, Dubai Creek and the city's beaches. Specific drive times were not supplied and are not stated here to avoid unverified claims; buyers should confirm distances to their own key destinations.

Verification Notes

• Agent-supplied facts: apartment type, one bedroom, approximately 995 sq ft, off-plan status, AED 1,725,052 asking price and the AED 2,156,315 original purchase price.
• Calculated by DPF: savings of AED 431,263 (about 20.0%) and an indicative AED 1,734 per sq ft.
• Benchmark: seller/advertiser-supplied original purchase price; original purchase date not supplied and not independently verified against DLD records.
• Researched project facts: the listing's 'Bay 5 by Imtiaz' was identified as Sunset Bay 5 by Imtiaz Developments on Dubai Islands; developer, location, amenities and the approximate Q4 2027 handover were taken from developer/market sources and should be confirmed.
• Confidentiality: certain seller-specific circumstances mentioned in the agent's marketing line have been withheld from this listing as confidential personal information.