1-Bedroom Palm View Apartment at Bayview by Address, Emaar Beachfront – AED 800,000 Below Original Price

Property Overview

This 1-bedroom apartment at Bayview by Address Resorts, Emaar Beachfront, is offered for resale at AED 2,950,000 for 740 sq ft. The agent states an original purchase price of AED 3,750,000, placing the asking price AED 800,000 (21.3%) below the original price. The agent describes the unit as high floor with a Palm view.

Property Highlights

• Property type: Apartment, 1 bedroom
• Size: 740 sq ft (agent-stated)
• Asking price: AED 2,950,000
• Original purchase price: AED 3,750,000 (agent-stated)
• Saving versus original price: AED 800,000 (21.3%)
• Price per sq ft: approximately AED 3,986
• Floor: High floor (agent-stated)
• View: Palm view (agent-stated)
• Developer: Emaar Properties

Why the Price Qualifies as Below OP

The listing is classified as Below OP because the asking price is lower than the original purchase price supplied in the agent's brief. AED 3,750,000 minus AED 2,950,000 equals AED 800,000, or 21.3% of the original price, which matches the agent's description of 800K below OP.

The benchmark is the seller's original purchase price as reported by the agent on 8 October 2026. It reflects what the seller paid, not an independent valuation or a DLD transaction comparison.

About the Project, Developer and Community

Bayview by Address Resorts is an Emaar Properties residential project branded by Address Resorts, located in Emaar Beachfront. Emaar Beachfront is a private beachfront community at Dubai Harbour, set between Dubai Marina and Palm Jumeirah, with its own beach and towers facing the sea and the Palm.

Layout, Floor and View

The agent states the 740 sq ft unit is on a high floor with a Palm view. The tower, floor number and exact orientation were not supplied and should be confirmed against the floor plan.

Payment Plan and Handover

The handover date, payment plan and amount already paid were not included in the brief. Secondary market sources indicate the project is still under construction, so buyers should obtain the current completion date, statement of account and outstanding balance from Emaar before making a deposit.

Location and Connectivity

Emaar Beachfront is reached from Sheikh Zayed Road via Dubai Harbour and sits beside Dubai Marina and JBR, with Palm Jumeirah across the water. No specific drive times are stated here because none were verified from official sources.

Verification Notes

• Agent-supplied facts: project, bedrooms, size, asking price, original price, high floor and Palm view.
• Calculated by DPF: savings amount, savings percentage and price per sq ft.
• External research: developer, branding and community location.
• Not supplied: tower, unit number, handover date, payment plan, amount paid, bathrooms, parking and furnishing.