High-Floor 2-Bedroom Off-Plan Apartment at Bayview by Address Tower 2, Emaar Beachfront — Below Original Price

Property Overview

This is an off-plan high-floor two-bedroom apartment at Bayview by Address Tower 2, an Emaar Properties branded tower in Emaar Beachfront, Dubai Harbour. Measuring 1,468 sq ft with a Marina and sea view, it is offered at AED 6,350,000 — AED 1,530,000 below the seller's stated original purchase price of AED 7,880,000 (including DLD), a discount of about 19.4%, at an indicative AED 4,326 per sq ft.

Property Highlights

• Off-plan high-floor two-bedroom apartment at Bayview by Address Tower 2
• 1,468 sq ft with a Marina and sea view
• Priced AED 1,530,000 (about 19.4%) below the stated original cost including DLD
• Address Hotels + Resorts branded beachfront residence with private beach access
• Asking price of AED 6,350,000 (approximately AED 4,326 per sq ft)

Why the Price Qualifies as Below OP

The seller states the apartment was originally purchased for AED 7,880,000, a figure stated as including the DLD fee — that is, the original buyer's total acquisition cost. Against the current asking price of AED 6,350,000, this represents:

• Savings amount: AED 1,530,000
• Savings versus the stated original cost: about 19.4%
• Indicative rate: approximately AED 4,326 per sq ft, based on the 1,468 sq ft size

The agent indicates the price has been repeatedly reduced, pointing to a motivated seller. Because the benchmark is a seller-stated original cost inclusive of DLD, buyers should confirm the exact original price and DLD amount against the signed SPA and Dubai Land Department records. The original purchase date was not supplied.

About the Project, Developer and Location

Bayview by Address Resorts is an off-plan, Address Hotels + Resorts branded, two-tower development by Emaar Properties in Emaar Beachfront, a private island community at Dubai Harbour between Dubai Marina and Palm Jumeirah. Tower 2 offers one to three-bedroom apartments and five and six-bedroom penthouses, delivered fully furnished, sharing a large podium with the largest pool deck at Emaar Beachfront. Amenities include private beach access, an infinity pool and children's pool, a gym, BBQ areas, children's play areas, retail outlets, concierge and 24/7 security. Construction began in October 2023, with handover reported around Q3 2028; buyers should confirm the current timeline with the developer.

Layout, Floor and View

The brief describes a high-floor two-bedroom apartment of 1,468 sq ft with a Marina and sea view. Bathroom count, parking and furnishing were not supplied and should be confirmed, though Bayview units are delivered fully furnished as standard. To keep this listing accurate, no unit-specific details beyond those supplied and standard project features have been added.

Payment Plan and Handover

This is an off-plan resale, so the buyer takes over the seller's position subject to Emaar's transfer process and the signed SPA. The project was offered on a 90/10 plan (90% during construction, 10% on handover); the amount paid to date, outstanding balance, transfer fees and the exact handover for this unit should be confirmed. Handover is reported around Q3 2028.

Location and Connectivity

Emaar Beachfront is a gated waterfront community at Dubai Harbour with private beaches, a marina and a promenade, about five minutes from Dubai Marina and around fifteen from Downtown Dubai via Sheikh Zayed Road. 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: two-bedroom apartment, 1,468 sq ft, high floor, Marina and sea view, AED 6,350,000 asking price and an AED 7,880,000 original purchase price stated as including DLD.
• Status: not supplied; project confirmed off-plan (construction began October 2023, handover reported around Q3 2028) and ready_status set to Off-Plan.
• Calculated by DPF: savings of AED 1,530,000 (about 19.4%) against the stated all-in original cost, and an indicative AED 4,326 per sq ft.
• Benchmark: seller/owner-supplied original cost including DLD; original purchase date not supplied and not independently verified against DLD records. The agent also states the price has been repeatedly reduced.
• Researched project facts: developer (Emaar Properties), Address-branded residence, Emaar Beachfront location, amenities and the off-plan handover schedule were taken from Emaar/market sources.
• The agent's "19.4% Below OP | Price Repeatedly Reduced" statement is preserved as an attributed agent marketing claim; DPF's own calculation confirms about 19.4%.