2 Bedroom Plus Maid Apartment in The Quayside, Business Bay, Full Burj Khalifa View

2-Bedroom Apartment The Quayside Business Bay — 1br Distress Deal The Dubai
2-Bedroom Apartment The Quayside Business Bay. 1br Distress Deal The Dubai.

AED 3,650,000

Deal typeOff-Plan Distress
PriceAED 3,650,000
Bedrooms2
Size1421 sq.ft
TypeApartment
StatusOff-Plan
HandoverQ3 2027
DeveloperEllington Properties
Area / Master developmentBusiness Bay
Sub-community / PhaseThe Quayside
CommunityBusiness Bay

Property Overview

This 2-bedroom plus maid apartment with full Burj Khalifa view in The Quayside by Ellington, Business Bay, is offered at AED 3,650,000. The apartment spans 1,421 sqft with direct access to the Dubai Water Canal boardwalk. The agent states handover in Q3 2027. No original purchase price or market benchmark has been supplied.

Property Highlights

  • 2-bedroom apartment with maid room
  • Built-up area: 1,421 sqft
  • Full Burj Khalifa view
  • Direct Dubai Water Canal boardwalk access
  • Semi-furnished (kitchen equipped with European branded appliances)
  • Asking price: AED 3,650,000
  • Rate: AED 2,570 per sqft
  • Agent-stated handover: Q3 2027
  • Payment plan: 70/30

Benchmark Verification Required

The agent labels this as a distress deal but has not stated an original purchase price or market benchmark. DPF cannot verify the distress claim or calculate a savings figure without a stated benchmark.

For context, available 2-bedroom units in The Quayside are listed from AED 3,770,000 to AED 3,910,000 on secondary portals, all at 1,420 sqft. The asking price of AED 3,650,000 falls below this available inventory range by AED 120,000 to AED 260,000. The original launch starting price for 2-bedroom units was approximately AED 3,299,828. Buyers should review DLD transaction records for recent sales to establish current market value.

Handover Date Discrepancy

The agent states handover in Q3 2027. Published Ellington Properties timelines indicate Q1 2026 (January 2026) for The Quayside. As of September 2026, the project may already be completed or may have experienced delays. This is a significant discrepancy that DPF staff should clarify with the developer before publishing. If the building is already complete, the ready_status should be updated to Ready.

About The Quayside

The Quayside is a single-tower residential development by Ellington Properties in Business Bay, comprising 118 units across G+3P+19 floors. The AED 1.2 billion development sits front row directly on the Dubai Water Canal, offering 360-degree views of the Burj Khalifa, Downtown Dubai skyline and the canal. Unit types include studios and 1, 2 and 3-bedroom apartments plus an exclusive 5-bedroom penthouse. All apartments are semi-furnished with kitchens equipped with gas stove, oven, fridge, freezer, microwave and dishwasher.

Amenities include a 37-metre leisure and lap pool, a fitness studio, spa facilities, children's play areas, landscaped terraces and direct access to the Dubai Water Canal boardwalk with dining, retail and entertainment outlets. The service charge is approximately AED 18 per sqft per year.

Location and Connectivity

The Quayside sits on the Dubai Water Canal in Business Bay with access to Sheikh Zayed Road and Al Khail Road. The development is within close proximity of Downtown Dubai, Burj Khalifa, Dubai Mall and DIFC. The Business Bay Metro station on the Red Line is nearby. The canal boardwalk provides pedestrian access to a growing selection of waterfront restaurants and retail. Buyers should verify specific travel times independently.

Verification Notes

The asking price, built-up area, 2-bedroom plus maid configuration, full Burj Khalifa view and handover date (Q3 2027) are sourced from the agent brief received in September 2026. No original purchase price or market benchmark has been supplied. Published Ellington timelines indicate Q1 2026 handover, which conflicts with the agent's stated Q3 2027. The price per square foot of AED 2,570 is calculated from the asking price and stated built-up area. Project details are drawn from Ellington Properties and secondary market sources. Buyers should independently confirm all figures, including the seller's SPA, payment history, remaining instalments, and most critically the current handover status, with the developer before committing.

Frequently asked questions

What is the asking price for this 2-bedroom in The Quayside?

The asking price is AED 3,650,000 for a 1,421 sqft 2-bedroom plus maid apartment with full Burj Khalifa view in The Quayside by Ellington, Business Bay.

What is the price per square foot?

At AED 3,650,000 for 1,421 sqft, the rate is approximately AED 2,570 per square foot.

Is there a verified discount on this property?

No original purchase price or market benchmark has been supplied. For context, available 2-bedroom units in The Quayside are listed from AED 3,770,000 to AED 3,910,000 on secondary portals. The asking price of AED 3,650,000 is below this range. Buyers should verify with DLD records.

When is the expected handover?

The agent brief states Q3 2027. However, published Ellington timelines indicate Q1 2026 for The Quayside. This is a significant discrepancy. Buyers should confirm the current construction status and handover date directly with Ellington Properties.

Where is The Quayside located?

The Quayside is a single-tower residential development by Ellington Properties in Business Bay, front row directly on the Dubai Water Canal with boardwalk access. The tower offers views of the Burj Khalifa, Downtown Dubai and the canal.

Who developed The Quayside?

Ellington Properties, a Dubai-based boutique developer known for design-led residential projects, developed The Quayside as their first residential development in Business Bay.

How many units are in The Quayside?

The Quayside comprises 118 units in a single tower (G+3P+19 floors), offering studios, 1, 2 and 3-bedroom apartments and a 5-bedroom penthouse.

How can buyers verify this deal?

Buyers should request the seller's original SPA to confirm the purchase price, verify the payment history and remaining instalments, confirm the exact handover date with Ellington Properties, and review DLD transaction records before committing.

Buyer costs

What you will pay

Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.

AED
Sale price
DLD transfer fee
NOC fee
Trustee / registration
Agency fee
VAT on agency (5%)

Total cost

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

Mortgage estimate

Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.

AED
Down payment
Loan amount
Total interest
Total repaid

Monthly payment

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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