1BR in Sunset Bay 2, Dubai Islands at AED 1,680,000 - 22.3% Below OP, Fully Furnished with Jacuzzi

Property Overview

A fully furnished 1-bedroom apartment in Sunset Bay 2 by Imtiaz Developments, located on Dubai Islands. The asking price is AED 1,680,000 for 990 sqft, equalling AED 1,697 per sqft. The original purchase price was AED 2,163,462, placing this unit at a 22.3% discount with a saving of AED 483,462. The unit includes a jacuzzi and is fully furnished.

Property Highlights

• Type: 1-bedroom apartment
• Size: 990 sqft
• Asking price: AED 1,680,000
• Original price: AED 2,163,462
• Saving: AED 483,462 (22.3%)
• Rate: AED 1,697 per sqft
• Furnishing: Fully furnished
• Feature: Jacuzzi
• Handover: Q1 2027

Why the Price Qualifies as Below OP

The agent states the original purchase price was AED 2,163,462. The asking price of AED 1,680,000 represents a saving of AED 483,462, equal to 22.3% off the original price. Calculation: 483,462 divided by 2,163,462 equals 22.35%, rounded to 22.3%. The agent stated a discount of 22.4%; the calculated figure is 22.3%.

One DLD 1BR transaction for Sunset Bay 2 was recorded at AED 1,872,227 for 998 sqft (February 2026, AED 1,875 per sqft). The asking price of AED 1,680,000 for 990 sqft is approximately AED 192,000 below this DLD recording, further supporting the competitiveness of the asking price. The stated OP of AED 2,163,462 is above the DLD figure, which may reflect a premium unit or later purchase phase.

About Sunset Bay 2

Sunset Bay 2 is developed by Imtiaz Developments and located on Dubai Islands (formerly Deira Islands). The project offers 1-bedroom apartments from 942 sqft, 2-bedroom apartments from 1,351 sqft and 3-bedroom duplexes from 2,241 sqft.

The project is sold out from the developer. The developer payment plan follows a 20/40/40 structure with 20% on booking, 40% during construction in five instalments and 40% on handover. Handover is expected in Q1 2027 (February 2027). The project is freehold.

Amenities and Facilities

Sunset Bay 2 features a rooftop infinity pool, fitness centre, landscaped gardens and private beach access. The waterfront setting on Dubai Islands provides a resort-style living environment.

Location and Connectivity

Dubai Islands is a waterfront development off the coast of Deira in northern Dubai. The area offers access to Al Khaleej Road and connects to Deira, the Gold Souk, Dubai Creek and Dubai International Airport. The development is part of a broader masterplan transforming the area into a mixed-use waterfront destination.

Payment and Handover

The developer payment plan is 20/40/40. Buyers acquiring this resale should confirm the remaining payment obligations. With handover expected in Q1 2027, the unit is approaching completion, which may accelerate payment obligations for remaining instalments.

Verification Notes

The asking price, original price, size, fully furnished status, jacuzzi and Q1 2027 handover are from the agent brief. The 22.3% discount and AED 483,462 saving are calculated figures. The agent stated a discount of 22.4%; the calculated figure is 22.3%. DLD data shows one 1BR transaction at AED 1,872,227 for 998 sqft, which is above the asking price. The OP of AED 2,163,462 is above the DLD recording. Buyers should verify the original price through the SPA and inspect the furnishing and jacuzzi specifications.