Off-Plan 2-Bedroom Full-Sea-View Apartment at Seagate by Emaar, Rashid Yachts & Marina

Property Overview

This is an off-plan two-bedroom apartment at Seagate by Emaar Properties, the first residential phase of Rashid Yachts & Marina (Mina Rashid), Dubai. Measuring 1,086 sq ft with a full sea view, it is offered at AED 2,700,000, or about AED 2,486 per sq ft. It is classified as an off-plan distress sale; no original price or market comparable was supplied, so no savings figure is stated.

Property Highlights

• Off-plan two-bedroom apartment at Seagate, Rashid Yachts & Marina
• 1,086 sq ft with a full sea view
• Waterfront Emaar address with a 500-metre swimmable canal pool
• Marina access, private beach and promenade living
• Asking price of AED 2,700,000 (approximately AED 2,486 per sq ft)

Deal Classification

This is a distress listing. The brief listed the deal type as "lowest in the market," which is an agent superlative rather than a CMS-valid classification or a benchmark. No original purchase price or dated market comparable was supplied. Because the property is off-plan and offered as a distress sale without benchmark evidence, DPF has classified it as Off-Plan Distress. The "lowest in the market" claim is carried as an attributed agent marketing claim only and has not been verified by DPF; a dated comparable should be logged before any below-market or lowest-priced language is used publicly, at which point the listing could be reclassified as Below Market.

About the Project, Developer and Location

Seagate is an off-plan, four-building waterfront development by Emaar Properties, the first residential phase within Rashid Yachts & Marina, a 6.8 million sq ft maritime master community at Port Rashid (Mina Rashid). The buildings, ranging from 5 to 15 residential floors, hold around 282 one to four-bedroom apartments along a landscaped promenade beside Dubai's longest swimmable canal pool (500 metres), with a 430-berth marina, private beach, retail and the QE2 hotel nearby. Residences feature panoramic windows, open-plan living, private balconies, premium marble and smart-home systems, with views of the marina, canal pool or Downtown skyline. The community sits about 10 minutes from Sheikh Zayed Road and Downtown Dubai. Handover is around 2026; the current status should be confirmed.

Layout and View

The brief describes a two-bedroom apartment of 1,086 sq ft with a full sea view. Floor level, bathroom count, parking and furnishing were not supplied and should be confirmed. 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 plans such as 70/30 and 80/20; the amount paid to date, outstanding balance, transfer fees and current handover for this unit should be confirmed. Handover is around 2026.

Location and Connectivity

Rashid Yachts & Marina sits at Port Rashid on the Arabian Gulf coast, minutes from Sheikh Zayed Road, Downtown Dubai and Dubai International Airport. 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, 1,086 sq ft, full sea view, AED 2,700,000 asking price, and a 'lowest in the market' claim.
• Deal classification: the non-CMS 'Lowest in the Market' mapped to 'Off-Plan Distress', as the property is off-plan and no benchmark (original price or comparable) was supplied. No savings percentage is stated.
• Calculated by DPF: an indicative AED 2,486 per sq ft from the asking price and stated size.
• Status: not supplied; Seagate is an Emaar off-plan project (handover around 2026) and ready_status set to Off-Plan; confirm current status.
• Researched project facts: developer (Emaar Properties), Seagate four-building complex, 2-bedroom sizes, amenities and Rashid Yachts & Marina location were taken from Emaar/market sources.
• The agent's "Lowest in the Market | Full Sea View" statement is preserved as an attributed agent marketing claim; the 'lowest in the market' superlative is not DPF-verified.