3-Bedroom Palm View Apartment in Bayview by Address Resorts Tower 1, Below OP

Property Overview

This 3-bedroom apartment in Tower 1 of Bayview by Address Resorts, Emaar Beachfront, is offered at AED 9,200,000 for 1,787 sq ft, about AED 5,148 per sq ft. The asking price is AED 1,100,000, or 10.7%, below the agent-stated original purchase price of AED 10,300,000. The agent describes the unit as having Palm Jumeirah views.

Property Highlights

• Property type: apartment
• Bedrooms: 3
• Size: 1,787 sq ft (agent-stated)
• Asking price: AED 9,200,000
• Original purchase price: AED 10,300,000 (agent-stated)
• Saving: AED 1,100,000 (10.7%)
• Price per sq ft: about AED 5,148
• View: Palm Jumeirah view (agent-stated)
• Building: Tower 1
• Developer: Emaar Properties

Why the Price Qualifies as Below OP

The agent states an original purchase price of AED 10,300,000 and an asking price of AED 9,200,000. The difference is AED 1,100,000, or 10.7% of the original price.

The stated original price equals about AED 5,764 per sq ft. Buyers should confirm the original price, the amount already paid to Emaar and the outstanding balance from the SPA and statement of account. The comparison is against the seller's own purchase price, not a dated DLD transaction or independent valuation.

About the Project, Developer and Community

Bayview by Address Resorts is a two-tower Emaar Properties development in Emaar Beachfront, managed under the Address brand. It comprises around 356 residences, from 1- to 4-bedroom apartments to larger penthouses, with sizes from about 731 sq ft. Project references list expected completion in Q3 2028 and describe the residences as delivered furnished.

Listed amenities include an infinity pool and pool deck, a children's pool and playgrounds, landscaped lawns and gardens, a barbecue area, café and boutiques. Emaar Beachfront is a waterfront community between Dubai Marina and Palm Jumeirah with a private beach and residential towers.

Layout, Floor and View

The agent states a 1,787 sq ft 3-bedroom layout in Tower 1 with Palm Jumeirah views. Floor, bathrooms, parking and furnishing details for this unit were not supplied. Request the floor plan and SPA unit details before an offer.

Payment Plan and Handover

The brief does not state this unit's handover date, the amount paid or the remaining instalments. Project references describe a construction-linked plan with a balance on handover and list Q3 2028 completion. Confirm all of this, and Emaar's resale conditions, from the SPA and statement of account.

Location and Connectivity

Emaar Beachfront sits beside Dubai Harbour, between Dubai Marina and Palm Jumeirah, with access from Sheikh Zayed Road and King Salman Bin Abdulaziz Al Saud Street. DPF has not verified specific travel times for this unit.

Verification Notes

• Agent-supplied: building and tower, community, bedrooms, size, Palm view, original price and asking price.
• Calculated by DPF: AED 1,100,000 saving (10.7%) and about AED 5,148 per sq ft.
• Researched: developer, tower count, unit mix, size range, launch pricing, expected completion and amenities from project references.
• Not supplied: floor, bathrooms, parking, furnishing, amount paid, payment schedule and unit handover date.