Off-Plan 1-Bedroom in Lyvia by Palace, Dubai Creek Harbour – Handover 2029

Property Overview

This off-plan 1-bedroom apartment in Lyvia by Palace, Dubai Creek Harbour, is offered at AED 2,300,000 for 770 sq ft of built-up area. Lyvia is a Palace-branded residential project by Emaar, and the agent states handover in 2029. The agent describes the listing as a hot deal; no original purchase price was supplied, so this page does not state a discount.

Property Highlights

• Property type: 1-bedroom apartment
• Built-up area: 770 sq ft
• Asking price: AED 2,300,000
• Asking rate: approximately AED 2,987 per sq ft
• Branding: Palace (Emaar's hospitality brand)
• Status: off-plan (agent-stated)
• Handover: 2029 (agent-stated)
• Developer: Emaar Properties

Why This Is Classed as Off-Plan Distress

The agent presents this off-plan resale as a hot deal. Because Lyvia is still under development and the seller is offering the unit before completion, DPF classifies it as an Off-Plan Distress resale. Dividing the price by 770 sq ft gives an asking rate of about AED 2,987 per sq ft.

The brief did not include the seller's original purchase price, a DLD transaction comparison or dated market evidence, so DPF has not calculated a saving and does not claim the apartment is priced below original price or below market. Published information shows units launched from about AED 1.98 million, so buyers should ask for the original SPA price and the amount paid to understand any premium being asked.

About the Project, Developer and Community

Lyvia by Palace is a branded residential project by Emaar Properties in the Green Gate district of Dubai Creek Harbour. Published project information describes around 478 residences across 1-, 2- and 3-bedroom apartments and 3-bedroom townhouses, with an infinity pool and deck, a children's pool and splash zone, a gym and outdoor fitness areas, a yoga zone, a padel court, landscaped terraces, gardens, barbecue areas and children's play areas. Final amenity delivery and Palace-branded services should be confirmed against Emaar's sales documents.

Dubai Creek Harbour is Emaar's waterfront master community on Dubai Creek, next to the Ras Al Khor Wildlife Sanctuary, with views towards Downtown Dubai.

Layout, Floor and View

The agent confirms a 770 sq ft 1-bedroom. The floor, view, bathroom count and parking were not supplied, and DPF has not assumed them. Request the floor plan and Oqood to confirm the unit details.

Payment Plan and Handover

The agent states handover in 2029; published project information indicates Q3 2029. The amount already paid was not supplied. Published information refers to a construction-linked plan with 20% due on handover, though sources describe it inconsistently. Buyers should obtain the SPA, Oqood and Emaar statement of account to confirm the original price, the amount paid, the premium the seller is asking above it and the remaining instalments, and check Emaar's NOC and resale conditions.

Location and Connectivity

Dubai Creek Harbour sits along Dubai Creek with access to Ras Al Khor Road and Al Khail Road, close to Downtown Dubai and Dubai International Airport. DPF has not stated travel times because they were not verified for this listing.

Verification Notes

• Agent-supplied facts: project, branding, community, property type, bedrooms, size, off-plan status, 2029 handover, asking price and hot-deal description.
• DPF-calculated figure: price per sq ft.
• External research: project facts, district, launch pricing and completion estimate from published project information, not unit-specific records.
• Not supplied: original price, amount paid, unit number, floor, view, bathrooms and parking.