2-Bedroom Sea-View Apartment in AMRA Residences, 38.9% Below OP

Property Overview

This 2-bedroom apartment in AMRA Residences, Umm Al Quwain, is offered at AED 1,300,000. It has a built-up area of 1,409 sq ft, with sea views and beach access according to the agent. Against an agent-stated original purchase price of AED 2,128,022, the asking price is AED 828,022 or 38.9% below OP, which works out to about AED 923 per sq ft.

Property Highlights

• Asking price: AED 1,300,000
• Original purchase price: AED 2,128,022
• Below OP by: AED 828,022 (38.9%)
• Bedrooms: 2
• Built-up area: 1,409 sq ft
• Asking rate: about AED 923 per sq ft (OP rate about AED 1,510 per sq ft)
• View: sea view (agent-stated)
• Beach access (agent-stated)
• Developer: Citi Developers

Why the Price Qualifies as Below OP

The agent supplied an original purchase price of AED 2,128,022 and a selling price of AED 1,300,000. The difference is AED 828,022, which is 38.9% of the OP. The agent rounds this to 39% and quotes AED 922 per sq ft; the calculated rate is about AED 923 per sq ft.

A discount of this size on an off-plan unit usually depends on how much of the original price has been paid. The paid amount and outstanding balance were not supplied, so buyers should confirm whether AED 1,300,000 is the total price including instalments still owed to the developer, and check the figures against the SPA and the developer's statement of account.

About AMRA Residences and Citi Developers

AMRA Residences is a Citi Developers project in Al Raudah, Umm Al Quwain. Published project information describes 816 furnished apartments across three towers, from studios to four bedrooms, with wellness facilities, infinity pools, a rooftop beach club and a private marina. The project also highlights sustainability features such as solar power and a coral reef restoration partnership.

Layout and View

The agent describes a two-bedroom apartment of 1,409 sq ft with sea views and beach access. The tower, floor, bathroom count, parking and furnishing were not supplied.

Payment Plan and Handover

Published project information gives Q4 2028 as the handover timeline. The agent brief did not supply a handover date, payment plan or amount paid, so confirm these for this unit in the SPA.

Location

Al Raudah is on the Umm Al Quwain coast in the northern UAE. Property in Umm Al Quwain is registered with the emirate's own land authorities rather than Dubai Land Department, so buyers should confirm transfer fees and process locally. Exact travel times were not supplied.

Verification Notes

• Agent-supplied: price, OP, built-up area, bedrooms, sea view, beach access and the stated discount and rate.
• Calculated by DPF: discount amount, discount percentage and rates per sq ft.
• External research: developer, location, project size, amenities and published handover timeline.
• Not supplied: tower, floor, bathrooms, parking, furnishing, payment plan and amount paid.