One-Bedroom Apartment at LIV Waterside, Dubai Marina — Priced Marginally Below Original Purchase Price

Property Overview

This is a one-bedroom apartment at LIV Waterside, the LIV Developers project in Dubai Marina, with a Marina view and a balcony. The 828 sqft unit is offered at AED 2,700,000, which is AED 24,330 (0.9%) below the seller-stated original purchase price of AED 2,724,330 — a marginal difference, so the pricing is close to the original price rather than materially below it. The unit is stated to be ready.

Property Highlights

• Type: 1-bedroom apartment
• Size: 828 sqft
• Asking price: AED 2,700,000
• Original purchase price (seller-stated): AED 2,724,330
• Saving vs. original price: AED 24,330 (0.9% — marginal)
• Rate: AED 3,261 per sqft
• View: Marina view (agent-stated)
• Feature: balcony
• Status: ready (agent-stated)
• Developer: LIV Developers
• Community: Dubai Marina

Why the Price Qualifies as Below OP

The classification uses the seller-stated original purchase price of AED 2,724,330 against the current asking price of AED 2,700,000, a difference of AED 24,330, or 0.9%. This is a marginal discount: the asking price is essentially at the original price, as the agent's own note ('near OP') indicates, rather than materially below it. At 828 sqft the asking price is AED 3,261 per square foot. The benchmark is the original purchase price supplied in the brief; it is not a DLD transaction or a dated market comparison, and DPF has not independently verified it.

About the Project, Developer and Community

LIV Waterside is a waterfront residential development by LIV Developers in Dubai Marina, one of Dubai's established waterfront communities with a marina promenade, dining and connectivity via Sheikh Zayed Road and the tram. The unit is stated to be ready; buyers should confirm the completion and handover status with the developer. Project specifications should be confirmed against LIV Developers' official documentation.

Layout and View

The agent describes an 828 sqft one-bedroom with a Marina view and a balcony. Exact floor level, layout, bathrooms, parking and furnishing should be confirmed on the floor plan and in the Sale and Purchase Agreement.

Verification Notes

• Agent-supplied facts: 1-bedroom type, size (828 sqft), asking price (AED 2,700,000), original purchase price (AED 2,724,330), Marina view, balcony, and ready status.
• DPF-calculated figures: savings amount (AED 24,330), savings percentage (0.9%), and price per square foot (AED 3,261).
• Materiality flag: the 0.9% discount is marginal; the agent describes it as 'near OP'. The figures are carried as supplied, but the pricing is essentially at the original price, not a material distress discount.
• External project research: LIV Waterside is confirmed as a LIV Developers project in Dubai Marina; some sources describe it as new/off-plan while the brief states it is ready — confirm the completion status. Unit-specific facts were not independently verified.
• The original purchase price is a seller-stated benchmark and has not been checked against a DLD record. 'HOT LOT' is agent marketing language.