AED 1,590,000 was AED 1,720,000
| Deal type | Below OP |
| Price | AED 1,590,000 |
| Original price | AED 1,720,000 |
| Saving | AED 130,000 (7.6%) |
| Bedrooms | 1 |
| Size | 814 sq.ft |
| Type | Apartment |
| Status | Off-Plan |
| Developer | Emaar Properties |
| Area / Master development | Mina Rashid |
| Sub-community / Phase | Bayline |
| Community | Mina Rashid |
A 1-bedroom apartment in Bayline by Emaar, Mina Rashid at AED 1,590,000 for 814 sqft, equalling AED 1,953 per sqft. 7.6% below the original price of AED 1,720,000, saving AED 130,000. Middle floor. Full park and pool view. Off-plan with handover expected Q4 2027.
The asking price of AED 1,590,000 is AED 130,000 (7.6%) below the stated OP of AED 1,720,000. Including the 4% DLD fee the seller paid (AED 68,800), the seller's total loss is approximately AED 198,800 (10.5% of total investment).
The agent notes the price dropped from AED 1,600,000 (23 September) to AED 1,590,000 (28 September), a AED 10,000 reduction in 5 days. This indicates the seller is actively reducing and motivated to exit.
At AED 1,953 per sqft, this listing is 6.5% below the May DLD transaction rate for the same size. Property Finder shows 16 total off-plan sales in the building over 12 months, ranging from approximately AED 1,992 to AED 2,189 per sqft.
At AED 1,590,000, this listing is AED 110,000 below the only comparable active listing for the same size. Previously listed units at AED 1,500,000 to AED 1,590,000 are no longer available, suggesting demand at this price point.
Bayline is a low-rise building: ground plus podium plus 8 residential floors. Middle floor means approximately the 3rd to 5th residential floor. The park and pool view refers to podium-level landscaping, pocket parks and the central swimming pool within the Bayline and Avonlea development. Mina Rashid also includes a 500-metre canal pool and community green spaces. This is podium garden views, not a view of a large public park. Given the low height, views will be intimate rather than panoramic.
The agent states Q1 2027. Every source (Property Finder, Bayut, Metropolitan) lists Q4 2027, with Bayut specifying November 2027. The discrepancy is approximately 2 quarters. Use Q4 2027 as the expected handover and verify construction progress with Emaar.
A single residential building by Emaar within the Rashid Yachts and Marina district of Mina Rashid. G+P+8 layout (ground, podium, 8 residential floors) with approximately 151 units. Unit types: 1BR (814 to 955 sqft), 2BR and 3BR apartments plus six 3BR duplexes. The sister building Avonlea sits nearby. Amenities include the 430-berth Rashid Marina, canal pool, central pool, splash pad, gym (indoor and outdoor), boardwalk promenade, pocket parks, retail and dining, beach club and recreational courts.
A waterfront master-planned community by Emaar on the site of the historic Port Rashid in Bur Dubai. The development includes residential buildings, a 430-berth marina, waterfront promenades, retail, dining and leisure facilities. It is accessible via Al Mina Road and Sheikh Rashid Road, approximately 15 minutes from Downtown Dubai and close to La Mer and Jumeirah. The community is being developed in phases, with Bayline and Avonlea as part of the Rashid Yachts and Marina phase. Other projects include Ocean Cove, Seapoint and the QE2 floating hotel.
The asking price, OP, size, middle floor, park and pool view and price drop history are from the agent brief. The 814 sqft matches the smallest 1BR layout per Bayut and floor plan data. The 7.6% saving is verified (130,000 divided by 1,720,000). Handover is Q4 2027 per portal consensus, not Q1 2027. DLD 1BR at 814 sqft sold for AED 1,700,000 (May 2026), confirming the asking price is below recent transactions. Remaining developer payments and Emaar NOC requirements should be confirmed.
A DLD-registered sale for an 814 sqft 1BR in Bayline closed at AED 1,700,000 (May 2026, approximately AED 2,088 per sqft). Another 1BR sold for AED 1,800,000 (July 2026). At AED 1,590,000 (AED 1,953 per sqft), this listing is AED 110,000 below the May DLD transaction for the same size and approximately 7% below the DLD closing rate.
An active listing for the same 814 sqft 1BR in Bayline is priced at AED 1,700,000 (Property Finder, water and landmark views, north facade). At AED 1,590,000, this listing is AED 110,000 (6.5%) below that comparable. Some previously listed units at AED 1,500,000 to AED 1,590,000 are no longer available, suggesting demand at this price level.
Bayline is a G+P+8 building (ground plus podium plus 8 residential floors). The park and pool view likely refers to the podium-level landscaping, pocket parks and the central pool within the Bayline and Avonlea complex. Mina Rashid also features a canal pool (approximately 500 metres) and community green spaces. This is not a view of a large public park. Middle floor in an 8-floor building would be approximately floors 3 to 5.
The agent states Q1 2027. However, Property Finder, Bayut, Metropolitan and other sources consistently list the handover as Q4 2027, with Bayut specifying November 2027. Q4 2027 is the more reliable date. Buyers should verify current construction progress with Emaar.
A single residential building by Emaar within the Rashid Yachts and Marina district of Mina Rashid (formerly Port Rashid). G+P+8 layout with approximately 151 units. Unit types: 1BR (814 to 955 sqft), 2BR and 3BR apartments plus six 3BR duplexes. The sister building Avonlea sits nearby within the same phase. Mina Rashid is a waterfront master-planned community featuring a 430-berth marina, canal pool, boardwalk promenade, beach club, retail and dining. Freehold ownership. Located in the historic Bur Dubai port area, approximately 15 minutes from Downtown Dubai.
Buyer costs
Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.
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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
Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.
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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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