Off-Plan 2-Bedroom + Study Apartment in Agua Residences Tower 2, Dubai Island – Price Reduced

Property Overview

This is an off-plan 2-bedroom plus study apartment in Agua Residences Tower 2 by Citi Developers on Dubai Island, offered as a resale at AED 2,850,000. The agent states a built-up area of 1,270 sq ft, or approximately AED 2,244 per square foot. The unit has a park view, handover is expected in December 2027, and the price has been reduced from AED 2,900,000.

Property Highlights

• Asking price: AED 2,850,000 (reduced from AED 2,900,000, agent-stated)
• Property type: Apartment, 2 bedrooms plus study
• Built-up area: 1,270 sq ft (agent-stated)
• Price per sq ft: approx. AED 2,244 (DPF calculation)
• Status: Off-plan resale
• Handover: December 2027 (agent-stated)
• View: Park
• Developer: Citi Developers
• Community: Dubai Island

Why This Is Classified as Off-Plan Distress

The agent has listed this unit as a reduced-price hot lot. The seller's asking price has come down from AED 2,900,000 to AED 2,850,000, a reduction of AED 50,000. That earlier figure is the seller's previous asking price, not the original purchase price from the developer, so DPF has not calculated a below-OP saving. No DLD transaction or dated market comparison was supplied. Because the unit is an off-plan resale with a stated motivation to sell, it is classified as Off-Plan Distress.

About Agua Residences and Citi Developers

Agua Residences is an off-plan residential project by Citi Developers on Dubai Island, launched in 2025. Published plans include indoor and outdoor pools, a gym, spa and sauna, a restaurant, barbecue area, children's facilities, an event hall, a gaming room, a sports field and a co-working space.

Dubai Island

Dubai Island is a waterfront master development off the Deira coast, being developed with beaches, marinas, parks and resort hotels. It is one of Dubai's newer island communities and has attracted a wave of off-plan residential launches.

Layout and View

The agent describes this unit as a 2-bedroom layout with a separate study within 1,270 sq ft, facing the park. The floor number, bathroom count, parking allocation and unit number were not supplied, so buyers should confirm these from the SPA and floor plan.

Payment Plan and Handover

The agent states handover is expected in December 2027. The amount already paid by the seller, the remaining instalments and the developer's transfer requirements were not supplied. Buyers should obtain the SPA and a statement of account from the developer before agreeing terms, and confirm whether any balance is due on handover.

Location and Connectivity

Dubai Island sits off the Deira waterfront and is connected to the mainland by bridge, giving road access towards Deira and the wider city. Specific travel times depend on traffic and route and are not quoted here.

Verification Notes

• Unit facts (price, previous asking price, size, layout, view, handover) come from the agent brief received on 7 October 2026.
• Price per sq ft and the AED 50,000 reduction were calculated by DPF from the agent's figures.
• Project and community details come from published Agua Residences information and describe the development, not this specific unit.
• No original purchase price or market benchmark was supplied, so no below-OP or below-market discount is claimed.
• Buyers should verify the SPA, paid amount, remaining payments and transfer fees before making an offer.