Property Overview
This 2-bedroom apartment on the 40th floor of Nautica Two by Select Group is available at AED 2,400,000. The unit offers sea, marina and Burj Khalifa views in Maritime City, Dubai. The asking price is 14.3% below the stated original purchase price of AED 2,800,000, a saving of AED 400,000.
Property Highlights
- Type: 2-bedroom apartment, 3 bathrooms
- Floor: 40th
- View: sea, marina and Burj Khalifa
- Original price: AED 2,800,000
- Asking price: AED 2,400,000
- Saving: AED 400,000 (14.3%)
- Status: off-plan, approximately 80% built
- Handover: December 2026 to February 2027
- Developer: Select Group
- Parking: 1 covered space
Why the Price Qualifies as Below OP
The asking price of AED 2,400,000 is below the stated original purchase price of AED 2,800,000. The saving is AED 400,000, which is 14.3% of the original price. The seller is exiting the investment at a loss with handover approaching.
Active Listing Comparison
An active Property Finder listing for a 2-bedroom apartment of 1,031 sq ft on a very high floor in Nautica Two is priced at AED 2,799,999 (AED 2,715 per sq ft) with sea and marina views. That listing is also described as below the original purchase price. The agent's price of AED 2,400,000 is AED 399,999 below this comparable listing in the same building.
In Nautica One, the sister tower by Select Group, a 2-bedroom of 1,000 sq ft on a high floor with full marina and sea views is listed at AED 2,950,000 (AED 2,950 per sq ft).
DLD Transaction Context
No DLD transactions for 2-bedroom units in Nautica Two have been recorded. Three 1-bedroom transactions provide building-level pricing context:
- 2 September 2026: 1BR at AED 1,457,000 (AED 2,369 per sq ft), off-plan
- 4 February 2026: 1BR at AED 1,673,000 (AED 2,721 per sq ft), off-plan
- 12 January 2026: 1BR at AED 1,995,000 (AED 2,718 per sq ft), off-plan
The 1-bedroom transaction rates range from AED 2,369 to AED 2,721 per sq ft. If the agent's 2-bedroom unit is approximately 1,031 sq ft (the standard 2BR size in Nautica Two), the implied rate would be approximately AED 2,328 per sq ft, which is below the 1BR transaction range.
40th Floor and Triple-Aspect View
The agent describes this as a 40th-floor unit with sea, marina and Burj Khalifa views. Nautica Two is approximately 49 storeys tall, placing the 40th floor in the upper section of the tower. Maritime City sits on the Arabian Gulf coast between Port Rashid and Dubai Drydocks World. From this elevation, the unit looks out over the Arabian Gulf (sea view), the Dubai marina skyline (marina view) and the Burj Khalifa to the south. This triple-aspect orientation covering sea, marina and Burj is a premium configuration in the building.
Construction and Handover
The agent states the building is approximately 80% built with handover expected between December 2026 and February 2027. Multiple listing sources cite Q4 2026 as the original handover target. The agent's timeline of December 2026 to February 2027 suggests a slight extension from the original Q4 2026 schedule. Buyers should confirm the exact completion date and remaining payment schedule directly with Select Group.
About Nautica Two by Select Group
Nautica Two is a residential tower developed by Select Group in Dubai Maritime City. It is part of the Nautica development alongside Nautica One.
Building specifications:
- Developer: Select Group
- Height: approximately 49 storeys
- Total units: approximately 349 (may include both Nautica towers)
- Unit types: 1-bedroom (615 to 734 sq ft) and 2-bedroom (1,000 to 1,032 sq ft)
- Payment plan: 20% initial deposit, 20% during construction, 60% on handover
- Design: slate, cool grey and sapphire colour schemes with timber and copper furnishings
- Floor-to-ceiling windows and smart home technology
- Covered parking with high-speed elevators
Building amenities:
- Infinity lap pool with sun loungers
- Three gyms: cardio, strength training and outdoor
- Yoga deck
- Jacuzzi
- Padel court
- Basketball court
- Shared spa
- BBQ area
- Landscaped tropical gardens with cabanas
- Children's play area
- Retail outlets at podium level
- Concierge services
- 24-hour security and maintenance
Location and Connectivity
Nautica Two is in Dubai Maritime City, a waterfront development on the Arabian Gulf coast between Port Rashid and Dubai Drydocks World.
- Downtown Dubai and Burj Khalifa: approximately 10 minutes by car
- DIFC: approximately 10 minutes
- Jumeirah beaches: approximately 10 minutes
- Dubai International Airport: approximately 10 minutes
- La Mer and City Walk: approximately 10 minutes
- Business Bay: approximately 10 minutes
Maritime City is an emerging waterfront district with a growing mix of residential, hospitality and commercial developments from developers including Select Group, Beyond, DAMAC and Danube.
Verification Notes
Unit-specific facts including 2-bedroom configuration, 40th floor, sea, marina and Burj Khalifa views, approximately 80% built, original purchase price of AED 2,800,000 and asking price of AED 2,400,000 are sourced from the agent's brief received on 5 October 2026. The Below OP classification is based on the stated original price exceeding the asking price by AED 400,000 (14.3%). The agent did not supply the unit size; 2-bedroom apartments in Nautica Two range from 1,000 to 1,032 sq ft based on listing data. The 3-bathroom count is from an expired Property Finder listing for a 2-bedroom of 1,032 sq ft in Nautica Two; an active listing for a 2-bedroom of 1,031 sq ft shows 2 bathrooms, so the bathroom count may be 2 or 3. The 1-parking count is from listing data. No DLD transactions for 2-bedroom units in Nautica Two have been recorded. An active listing for a 2-bedroom in Nautica Two at AED 2,799,999 is also described as below original purchase price, indicating other sellers are discounting in the building. The 49-storey and 349-unit figures may describe the broader Nautica project rather than Nautica Two alone. The handover date of December 2026 to February 2027 is from the agent; listing sources cite Q4 2026. The original purchase price of AED 2,800,000 is from the agent and is not independently verified.