2-Bedroom Corner Apartment with Maid's Room in The Quayside by Ellington, Business Bay — Below Developer Price

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 was AED 3,770,000

Deal typeBelow OP
PriceAED 3,650,000
Original priceAED 3,770,000
SavingAED 120,000 (3.2%)
Bedrooms2
Bathrooms3
Size1421 sq.ft
TypeApartment
StatusReady
DeveloperEllington Properties
Area / Master developmentBusiness Bay
Sub-community / PhaseBusiness Bay

Property Overview

This 2-bedroom corner apartment with maid's room in The Quayside by Ellington Properties is listed at AED 3,650,000, which is AED 120,000 below the developer price of AED 3,770,000. The unit spans 1,421 sq ft with 3 bathrooms and offers a full Burj Khalifa view from a corner position in this boutique 20-storey waterfront building in Business Bay.

Property Highlights

  • Type: 2-bedroom corner apartment with maid's room
  • Built-up area: 1,421 sq ft
  • Bathrooms: 3
  • View: full Burj Khalifa
  • Position: corner unit
  • Asking price: AED 3,650,000
  • Developer price (agent-stated): AED 3,770,000
  • Savings: AED 120,000 (3.2%)
  • Rate: approximately AED 2,569 per sq ft
  • Developer: Ellington Properties
  • Payment plan: 70/30
  • Freehold

Why This Price Qualifies as Below OP

The agent states the developer price for this unit is AED 3,770,000. The current asking price of AED 3,650,000 is AED 120,000 below that figure, a 3.2% reduction.

This developer price is strongly corroborated by multiple initial-sale listings on Dubizzle and Bayut. Scandic Real Estate lists the same 1,420 sqft 2BR+maid layout at AED 3,771,828, and YAFF Property Boutique lists a 1,420.84 sqft unit described as Original Price. The consistency across listings (AED 3,770,000 to AED 3,771,828) confirms the developer pricing for this layout.

As additional context, the only other resale listing with a full Burj Khalifa view in The Quayside is a 1,566 sqft end unit at AED 4,752,000 by Prestige Luxury, which is AED 1,102,000 above this listing. A canal-view resale of 1,386 sqft by White and Co is listed at AED 3,649,000, essentially the same price as this unit but without the Burj Khalifa view. This indicates the buyer acquires a Burj-view corner unit at a canal-view price.

Buyers should request the seller's signed SPA to confirm the original purchase price. DPF has not verified the SPA and classifies this listing as a draft until that confirmation is received.

About The Quayside by Ellington

The Quayside is a boutique 20-storey residential building by Ellington Properties (DLD: QUAYSIDE DEVELOPERS L.L.C), situated on the Dubai Water Canal in Business Bay. The development offers 1 to 3-bedroom apartments with maid's rooms, 3 bathrooms, balconies and premium finishes. All units include white goods and floor-to-ceiling windows. The building includes 141 parking spaces, 4 elevators and a retail centre at ground level.

The Quayside is designed with Ellington's signature design-led approach, featuring a hotel-style lobby, calm and contemporary interiors with high-quality materials, and resort-level communal spaces. The property is freehold with an estimated service charge of AED 18 per sqft.

Amenities

Residents have access to an infinity swimming pool with views over the Dubai Water Canal, a fitness studio, clubhouse, spa and zen rooms, pizza oven and BBQ area, children's pool and play area, canal boardwalk access, EV charging stations, bicycle parking, covered parking, 24-hour security and concierge services.

Location and Connectivity

The Quayside is positioned on the waterfront in Business Bay, near the junction of the Dubai Water Canal and the main Business Bay waterway. The Burj Khalifa and Dubai Mall are within walking distance, DIFC approximately 5 minutes by car, and Dubai Marina approximately 15 minutes. The building benefits from direct access to Sheikh Zayed Road and Al Khail Road.

Verification Notes

The asking price of AED 3,650,000, developer price of AED 3,770,000, 2 bedrooms plus maid's room, corner unit, built-up area of 1,421 sqft, full Burj Khalifa view and Q3 2027 handover are sourced from the agent brief dated 17 September 2026. The 3 bathrooms are sourced from comparable listings for the same layout. The price per square foot of AED 2,570 and savings of AED 120,000 (3.2%) are calculated from these figures.

The stated developer price is corroborated by initial-sale listings at AED 3,771,828 for the same layout (difference of AED 1,828, negligible). The agent's stated handover of Q3 2027 conflicts with DLD data and portal listings which show Q1-Q2 2026. The building may already be completed. Buyers should verify the current status with Ellington Properties.

This listing is classified as a draft. No images have been supplied; actual photography is required before publication.

Frequently asked questions

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

The asking price is AED 3,650,000 for a 2-bedroom corner apartment with maid's room and 3 bathrooms spanning 1,421 sq ft. The rate is approximately AED 2,569 per sq ft. The unit offers a full Burj Khalifa view.

How much below the developer price is this apartment?

The apartment is AED 120,000 below the developer price of AED 3,770,000, a 3.2% reduction. Multiple initial-sale listings confirm the developer price for the 1,420 sqft 2BR+maid layout at AED 3,771,828, which closely matches the agent's stated OP.

How does this compare to other 2-bedroom listings in The Quayside?

Initial-sale 2BR apartments of 1,384 sqft are listed at AED 3,771,828 to AED 3,909,828. A canal-view resale of 1,386 sqft is listed at AED 3,649,000. A full Burj Khalifa view end-unit resale of 1,566 sqft is listed at AED 4,752,000. At AED 3,650,000 with full Burj view and corner positioning, this unit is priced at the level of canal-view units despite having the premium Burj Khalifa orientation.

What is The Quayside by Ellington?

The Quayside is a 20-storey boutique residential building by Ellington Properties on the Dubai Water Canal in Business Bay. The development offers 1 to 3-bedroom apartments with canal and skyline views, 141 parking spaces and 4 elevators. Interiors feature premium finishes, floor-to-ceiling windows and white goods included. The building is freehold with an estimated service charge of AED 18 per sqft.

What makes this a corner unit with Burj Khalifa view?

The agent describes this as a corner unit with full Burj Khalifa view. Corner units in The Quayside benefit from additional natural light and wider viewing angles. A comparable end-unit with full Burj Khalifa view of 1,566 sqft is listed at AED 4,752,000 by Prestige Luxury, indicating the premium that Burj-facing positions command in this building.

What amenities does The Quayside offer?

Residents have access to an infinity swimming pool overlooking the Dubai Water Canal, fitness studio, clubhouse, spa and zen rooms, pizza oven and BBQ area, children's pool and play area, canal boardwalk access, EV charging stations, bicycle parking, covered parking, hotel-style lobby and 24-hour security with concierge services.

What is the handover status?

The agent states handover in Q3 2027. However, DLD data and multiple portal listings record the handover as Q1-Q2 2026, suggesting the building may already be completed or very near completion. Buyers should verify the current status directly with Ellington Properties.

How is the below-OP claim verified?

The stated OP of AED 3,770,000 is strongly corroborated by multiple initial-sale listings. Scandic Real Estate lists the same 1,420 sqft 2BR+maid layout at AED 3,771,828 and YAFF Property lists a 1,420.84 sqft unit at Original Price. The AED 1,828 difference between the stated OP and the listed developer price is negligible. Buyers should confirm against the seller's SPA.

Buyer costs

What you will pay

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

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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

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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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