2-Bedroom Apartment for Sale in ONDA, Business Bay – Price-Reduced Below OP Distress Deal

Property Overview

This price-reduced 2-bedroom apartment in ONDA, Business Bay, is offered at AED 1,800,000 as a below-original-purchase-price distress resale. The unit measures 876 sqft, sits between floors 9 and 18, and has Business Bay Park views and a balcony. It is priced 17.6% under the seller's stated original purchase price of AED 2,184,000.

Property Highlights

• 2-bedroom apartment, 876 sqft
• Floor 9-18
• Business Bay Park views
• Balcony
• Located in ONDA, Business Bay
• Developer: KASCO Developments
• Priced 17.6% below the seller's original purchase price
• Recently price-reduced from AED 1,900,000 to AED 1,800,000

Why the Price Qualifies as a Below OP Deal

The seller's agent states an original purchase price of AED 2,184,000 for this unit. At the current asking price of AED 1,800,000, the savings amount to AED 384,000, or 17.6% below that original price. The agent's brief described this as below OP+DLD; the independently recalculated figure matches a straight below-OP comparison, so no separate DLD-related saving is represented in the numbers above. The brief also notes the asking price was recently reduced from AED 1,900,000, an additional signal of seller motivation. This benchmark has not been cross-checked against an independent DLD transaction record, so buyers should request the seller's original SPA for confirmation.

About the Project, Developer and Community

ONDA is a 23-storey residential tower by KASCO Developments on Marasi Drive in Business Bay, offering studio, 1-, 2- and 3-bedroom apartments. The building faces Business Bay Park and includes wellness-focused amenities such as an infinity pool, gym, spa, sauna and steam rooms. Business Bay is a mixed-use waterfront district close to Downtown Dubai, with direct access to Sheikh Zayed Road and Al Khail Road.

Layout, Floor and View

The unit sits between floors 9 and 18 with Business Bay Park views and a balcony, as stated by the listing agent. No specific bathroom count or furnishing status was supplied in the brief, so these details are not listed here and should be confirmed directly with the agent.

Payment Plan and Handover

The agent brief states an expected handover of March 2027. Publicly available developer and portal sources for ONDA cite a Q3 2027 completion window, so this date should be confirmed against the seller's SPA before relying on it. No payment plan or SPA payment schedule was supplied for this specific unit; buyers should request SPA confirmation and remaining payment terms directly from the seller or agent.

Location and Connectivity

ONDA sits on Marasi Drive within Business Bay, facing Business Bay Park, with access to Sheikh Zayed Road and Al Khail Road. Exact distances or commute times to specific landmarks were not supplied and are not stated here to avoid invented figures.

Verification Notes

Unit-specific facts — price, original purchase price, size, bedroom count, floor range, view, balcony and the recent price reduction — are as stated in the agent's brief and have not been independently verified by DPF. The savings amount and percentage below are independently recalculated by DPF from the agent-supplied figures, and the deal type has been mapped from the agent's 'below OP+DLD' label to the nearest valid classification, Below OP, as noted above. The agent-stated March 2027 handover differs from the Q3 2027 completion window cited by public project sources; this has been flagged for verification rather than silently corrected. Project-level facts about ONDA, its developer and Business Bay are drawn from KASCO Developments' official project materials. This listing remains a draft pending DPF review and agent document verification before publication.