Property Overview
This is an off-plan high-floor one-bedroom apartment at Kanyon by Beyond, a Beyond Developments tower in the Forest District of Dubai Maritime City. Measuring 900 sq ft with a full sea view, it is offered at AED 2,400,000 — AED 200,000 below the seller's stated original purchase price of AED 2,600,000 (excluding DLD), a discount of about 7.7%, at an indicative AED 2,667 per sq ft. Handover is expected in Q2 2029.
Property Highlights
- Off-plan high-floor one-bedroom apartment at Kanyon by Beyond, Dubai Maritime City
- 900 sq ft with a full sea view
- Priced AED 200,000 (about 7.7%) below the stated original purchase price
- Sculptural waterfront tower with canyon balconies in the Forest District
- Asking price of AED 2,400,000 (approximately AED 2,667 per sq ft); handover Q2 2029
Why the Price Qualifies as Below OP
The seller states the apartment was originally purchased for AED 2,600,000, noted as excluding DLD. Against the current asking price of AED 2,400,000, this represents:
- Savings amount: AED 200,000
- Savings versus original price: about 7.7%
- Indicative rate: approximately AED 2,667 per sq ft, based on the 900 sq ft size
DPF's own calculation is about 7.7%; the agent's marketing rounds this to 8%. The original purchase price is seller-stated and consistent with Kanyon's one-bedroom pricing (from around AED 2.4M, with high-floor sea-view units at a premium); buyers should confirm the exact figure against the signed SPA and Dubai Land Department records. The original purchase date was not supplied.
About the Project, Developer and Location
Kanyon is an off-plan, sculptural 45-storey residential tower by Beyond Developments, the premium brand of the Omniyat Group, in the Forest District of Dubai Maritime City. It comprises 411 residences from one to three bedrooms (plus 2-bedroom-with-maid units), with wraparound canyon balconies, floor-to-ceiling glazing and views of the Arabian Gulf, Burj Khalifa and the Downtown skyline. Amenities include a seafront infinity pool, a rooftop spa and sky bar, an 8-metre triple-height lobby, a fitness centre and wellness spa, a kids' club, a business lounge and co-working space, a meditation room and landscaped terraces, in a LEED Gold-certified building. The district sits on the Jumeirah peninsula near Port Rashid and Mina Rashid, minutes from Downtown Dubai and Jumeirah. Public sources indicate a Q2 2029 handover.
Layout, Floor and View
The brief describes a high-floor one-bedroom apartment of 900 sq ft with a full sea view. Bathroom count, parking and furnishing were not supplied and should be confirmed. To keep this listing accurate, no unit-specific details beyond those supplied and standard project features have been added.
Payment Plan and Handover
This is an off-plan resale, so the buyer takes over the seller's position subject to Beyond's transfer process and the signed SPA. The project was offered on a 50/50 plan (10% on booking, 40% during construction, 50% on handover); the amount paid to date, outstanding balance, transfer fees and exact handover for this unit should be confirmed. Handover is expected in Q2 2029.
Location and Connectivity
Dubai Maritime City is a master-planned waterfront district on the Jumeirah peninsula, between Port Rashid and the Dubai Drydocks, minutes from Downtown Dubai, DIFC and Jumeirah. Specific drive times were not supplied and are not stated here to avoid unverified claims; buyers should confirm distances to their own key destinations.
Verification Notes
- Agent-supplied facts: one-bedroom apartment, 900 sq ft, high floor, full sea view, off-plan status, AED 2,400,000 asking price and an AED 2,600,000 original purchase price stated as excluding DLD.
- Calculated by DPF: savings of AED 200,000 (about 7.7%) and an indicative AED 2,667 per sq ft. The agent's stated 8% is a slight round-up.
- Benchmark: seller/owner-supplied original purchase price (excl. DLD); original purchase date not supplied and not independently verified against DLD records.
- Status/handover: handover not supplied; researched as Q2 2029 (some sources Q3/Q4 2028), to be confirmed.
- Researched project facts: developer (Beyond Developments, an Omniyat brand), Kanyon sizes, amenities and location were taken from developer/market sources; the OP is consistent with the project's 1-bedroom pricing.
- The agent's "8% Below OP (No DLD)" statement is preserved as an attributed agent marketing claim; DPF's own calculation is about 7.7%.