1-Bedroom Water View Apartment in Address Bayview Tower 1, 15.3% Below Original Price

Property Overview

This 1-bedroom off-plan apartment in Address Bayview Tower 1, Emaar Beachfront, Dubai, is offered at AED 3,100,000 for 745 sq ft of built-up area, or about AED 4,161 per sq ft. The asking price is AED 560,000 below the agent-stated original purchase price of AED 3,660,000, a 15.3% reduction. The agent reports a mid-floor unit with a water view and handover expected in Q3 2028.

Property Highlights

• Property type: Apartment (branded residence)
• Bedrooms: 1
• Built-up area: 745 sq ft
• Asking price: AED 3,100,000
• Original price (agent-stated): AED 3,660,000
• Saving versus original price: AED 560,000 (15.3%)
• Asking rate: approximately AED 4,161 per sq ft
• Floor: mid floor (agent-stated)
• View: water
• Status: off-plan, expected handover Q3 2028
• Developer: Emaar Properties

Why the Price Qualifies as Below OP

The listing is classified as Below OP because the asking price of AED 3,100,000 is lower than the original purchase price of AED 3,660,000 stated in the agent's brief. The difference is AED 560,000, or 15.3% of the original price, consistent with the agent's 15% figure.

The original price comes from the agent's brief received on 29 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

Address Bayview is a hotel-branded residential project by Emaar Properties in Emaar Beachfront, a waterfront community between Dubai Marina and Palm Jumeirah with a private beach and residential towers.

Layout, Floor and View

The agent confirms a 1-bedroom layout of 745 sq ft on a mid floor of Tower 1 with a water 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 2028, according to the agent. No payment plan, amount paid or outstanding balance was supplied. Confirm these, along with transfer and NOC fees and any hotel management terms, against the SPA and Emaar's statement of account before making an offer.

Location and Connectivity

Emaar Beachfront has access to Sheikh Zayed Road and King Salman Bin Abdulaziz Al Saud Street, linking it with Dubai Marina, Palm Jumeirah and Dubai Media City. Travel times vary with traffic and are not quoted here.

Verification Notes

• Agent-supplied facts: Address Bayview Tower 1, Emaar Beachfront, 1-bedroom apartment, 745 sq ft, mid floor, water view, Q3 2028 handover, original price AED 3,660,000 and asking price AED 3,100,000.
• DPF-calculated figures: AED 560,000 (15.3%) below the original price and approximately AED 4,161 per sq ft.
• Not yet verified: SPA, Oqood or DLD records, payment status, bathrooms, parking and service charges.