Off-Plan 4-Bedroom Half-Floor Penthouse in Bayview by Address, Emaar Beachfront – Below OP

Property Overview

This is an off-plan four-bedroom half-floor penthouse in Bayview by Address Resorts, Emaar Beachfront, in the 02 series. It is offered at a final asking price of AED 27,799,000, which is AED 3,673,888 (11.7%) below the agent-stated original price of AED 31,472,888 (excluding DLD), for 5,420 sq ft, about AED 5,129 per sq ft.

Property Highlights

• Asking price: AED 27,799,000 (agent states final price)
• Original price (agent-stated, excluding DLD): AED 31,472,888
• Saving: AED 3,673,888 (11.7%)
• Built-up area: 5,420 sq ft
• Price per sq ft: approximately AED 5,129
• Bedrooms: 4
• Type: half-floor penthouse
• Unit series: 02
• Payment plan: 90/10 (agent-stated)
• Status: off-plan

Why the Price Qualifies as Below OP

The agent states an original price of AED 31,472,888, excluding the DLD fee. At AED 27,799,000, the asking price is AED 3,673,888 lower, a 11.7% discount on the original price. Because the original price excludes DLD, the seller's total cost was higher than this benchmark. DPF calculated the rate as AED 5,129 per sq ft (AED 27,799,000 divided by 5,420 sq ft).

Confirm the original price against the seller's SPA and Oqood before committing.

About the Project, Developer and Community

Bayview by Address Resorts is an Emaar development in Emaar Beachfront, made up of two towers with around 356 residences ranging from one-bedroom apartments to large penthouses. The homes are marketed as fully furnished branded residences under the Address name.

Published project material lists an infinity pool and pool deck, a children's pool and playgrounds, lawns, a BBQ area, boutiques and a café. Emaar Beachfront is a waterfront community between Dubai Marina and Palm Jumeirah, close to Sheikh Zayed Road.

Layout, Floor and View

The agent describes a four-bedroom penthouse occupying half a floor, in the 02 series, with 5,420 sq ft of built-up area. The brief does not give the tower, floor, view, bathroom count or parking, so those are not listed.

Payment Plan and Handover

The agent states a 90/10 payment plan, consistent with the project's published structure of 90% before handover and 10% on handover. The brief does not give the amount paid or the handover date; published project information estimates handover in 2028. Confirm the paid amount, remaining instalments, Emaar transfer requirements and the SPA handover date before signing.

Location and Connectivity

Emaar Beachfront sits between Dubai Marina and Palm Jumeirah with access to Sheikh Zayed Road. DPF does not quote travel times.

Verification Notes

• Agent-supplied: price, original price excluding DLD, size, bedrooms, half-floor penthouse type, 02 series, 90/10 plan and final-price status.
• DPF-calculated: saving, discount percentage and price per sq ft.
• External research: tower count, unit range, branding, amenities and indicative handover from published project information.
• Not supplied: tower, floor, view, bathrooms, parking, amount paid and handover date.