4 Furnished Studios in Franck Muller Yachting, Dubai Maritime City – Bundle Below OP

Property Overview

This listing covers four furnished off-plan studio apartments in Franck Muller Yachting by London Gate, Dubai Maritime City, available together for AED 5,360,000 or individually. The combined asking price is AED 165,000 (3.0%) below the agent-stated combined original price of AED 5,525,000. The studios total 2,068 sq ft, about AED 2,592 per sq ft, with handover expected in Q4 2028.

Property Highlights

• Property type: 4 studio apartments, sold as a bundle or individually
• Project: Franck Muller Yachting by London Gate, Dubai Maritime City
• Developer: London Gate
• Sizes (agent-stated): three studios of 553 sq ft and one of 409 sq ft, 2,068 sq ft in total
• Combined asking price: AED 5,360,000
• Combined original price (agent-stated): AED 5,525,000
• Combined discount: AED 165,000 (3.0%)
• Average price per sq ft: approx. AED 2,592
• Furnishing (agent-stated): furnished
• Payment plan (agent-stated): 30/70
• Handover (agent-stated): Q4 2028

Individual Unit Prices

• Studio 1: AED 1,325,000 asking vs AED 1,366,000 original price – AED 41,000 (3.0%) below OP
• Studio 2: AED 1,344,000 asking vs AED 1,385,000 original price – AED 41,000 (3.0%) below OP
• Studio 3: AED 1,353,000 asking vs AED 1,395,000 original price – AED 42,000 (3.0%) below OP
• Studio 4: AED 1,338,000 asking vs AED 1,379,000 original price – AED 41,000 (3.0%) below OP

Why the Price Qualifies as Below OP

DPF classifies this bundle as Below OP because each studio's asking price is lower than its agent-stated original price, and the four together total AED 5,360,000 against AED 5,525,000. That is a combined saving of AED 165,000, or 3.0%. Dividing the combined price by the 2,068 sq ft total gives an average of about AED 2,592 per sq ft.

The agent describes the seller's total loss as about AED 406,750. That figure is larger than the price difference and likely includes DLD and other fees the seller paid; DPF has not verified it. The brief does not say which asking price belongs to the 409 sq ft studio. Original prices are agent-supplied and should be confirmed against each unit's Sale and Purchase Agreement (SPA). The comparison does not claim the units are below current market value.

About the Project, Developer and Community

Franck Muller Yachting is a 36-storey residential tower by London Gate in Dubai Maritime City, developed in collaboration with the Swiss watchmaker Franck Muller. The project offers studios and 1- and 2-bedroom apartments, delivered fully furnished with branded kitchen appliances, fitted wardrobes, a private balcony and one parking space per unit.

Listed amenities include a swimming pool with pool bar, indoor and outdoor gyms, male and female spas, a padel tennis court, an outdoor cinema, children's play areas, zen gardens, cabanas and barbecue areas.

Layout, Floor and View

The agent brief confirms three studios of 553 sq ft and one of 409 sq ft, all furnished. Floors, views and unit numbers were not supplied and are not stated here. Request the floor plans and confirm which price applies to each unit.

Payment Plan and Handover

The agent states a 30/70 payment plan with handover expected in Q4 2028. If 70% of each original price remains due on handover, the combined developer balance would be about AED 3,867,500. Buyers should confirm the amounts paid and outstanding for each unit using the SPAs and developer statements of account.

Location and Connectivity

Dubai Maritime City is a waterfront district on the Dubai coastline, with access toward Sheikh Zayed Road, Downtown Dubai and Business Bay. DPF does not quote travel times without a verified source.

Verification Notes

• Agent-supplied facts: project, four studios, unit sizes, individual and combined asking and original prices, furnishing, 30/70 plan, Q4 2028 handover and the AED 406,750 seller-loss estimate.
• DPF-calculated figures: AED 165,000 combined saving, 3.0% discount, individual unit discounts, average AED 2,592 per sq ft and an indicative AED 3,867,500 developer balance.
• External research: project facts from a property research portal.
• Not supplied: unit numbers, floors, views and which price matches the 409 sq ft studio.