1 Bedroom Partial Sea View Apartment in Seapoint Tower 2, Emaar Beachfront

Property Overview

This one-bedroom off-plan apartment in Seapoint Tower 2 by Emaar, Emaar Beachfront, is offered as a distress resale at AED 2,630,000. The agent compares this with the seller's original price plus DLD of AED 3,065,804, a gap of AED 435,804 or 14.2%. The unit measures 764 sq ft, sits between floors 10 and 18 with a partial water view, and is listed for Q2 2028 handover.

Property Highlights

• Property type: Apartment
• Bedrooms: 1
• Built-up area: 764 sq ft
• Asking price: AED 2,630,000
• Original price including DLD: AED 3,065,804 (agent-stated)
• Saving vs OP plus DLD: AED 435,804 (14.2%)
• Estimated saving vs OP before DLD: approx. AED 317,888 (10.8%)
• Price per sq ft: approx. AED 3,442 (calculated)
• Floor: Between floors 10 and 18 (agent-stated)
• View: Partial water view (agent-stated)
• Handover: Q2 2028 (agent-stated)
• Seller: Motivated (agent-stated)
• Developer: Emaar Properties

Why the Price Qualifies as Below OP

The agent states the seller's original cost including the 4% DLD fee was AED 3,065,804 and that the asking price is 14.2% below it. DPF's calculation confirms this: AED 3,065,804 minus AED 2,630,000 is AED 435,804, or 14.2%.

Removing the DLD fee gives an estimated original purchase price of approximately AED 2,947,888. Against that estimate, the asking price is about AED 317,888 or 10.8% lower, so the unit remains below OP on either measure.

Calculation

• AED 3,065,804 minus AED 2,630,000 = AED 435,804 (14.2% below OP plus DLD)
• AED 3,065,804 / 1.04 = approx. AED 2,947,888 estimated OP before DLD
• AED 2,947,888 minus AED 2,630,000 = approx. AED 317,888 (10.8% below estimated OP)
• AED 2,630,000 / 764 sq ft = approx. AED 3,442 per sq ft

The original price comes from the agent's resale brief. DPF has not reviewed the seller's SPA.

About the Project, Developer and Community

Seapoint is an Emaar Properties residential project in Emaar Beachfront, the private-beach waterfront community at Dubai Harbour between Dubai Marina and Palm Jumeirah. Residents have access to a private beach, waterfront promenade and Dubai Harbour's marina, retail and leisure areas.

Layout, Floor and View

The agent confirms a one-bedroom layout of 764 sq ft on a floor between 10 and 18 with a partial water view. The exact floor, bathroom count and parking allocation were not supplied and should be confirmed from the SPA and floor plan.

Payment Plan and Handover

The agent lists handover as Q2 2028. The payment plan and amount paid were not supplied. Buyers should confirm the remaining balance, instalment schedule, handover date and Emaar's resale NOC requirements against the seller's SPA.

Location and Connectivity

Emaar Beachfront sits off Sheikh Zayed Road at Dubai Harbour, with direct road access to Dubai Marina, JBR and Palm Jumeirah. Travel times depend on traffic.

Verification Notes

• Agent-supplied facts: project, Tower 2, one bedroom, 764 sq ft BUA, OP plus DLD AED 3,065,804, asking price AED 2,630,000, 14.2% stated discount, floor range 10 to 18, partial water view, Q2 2028 handover and motivated seller.
• Calculated by DPF: savings against OP plus DLD, estimated OP before DLD and price per sq ft.
• External context: developer and community overview.
• Not supplied: exact floor, bathrooms, parking, payment plan, amount paid and service charge.