Distress Property, OFF PLAN

1BR Super Distress | Marina Place 2 Mina Rashid Emaar | AED 1.9M Net vs Seller Total 2.2M | Save 300K (13.64%) | Buyer All-In AED 183K Below Seller Total | 10.18% Below Derived OP | 800 Sq Ft | 40% Paid

Ref: DPF-MP2-MR-1BR-800-001

Emaar Properties

Mina Rashid, United Arab Emirates

Community: Mina Rashid

Bedrooms

1

Down Payment

40%

Handover Date

Q4-2028
aed 1,900,000
Request_call
Description

1 Bedroom Apartment for Sale in Marina Place 2, Mina Rashid — AED 1,900,000 Net | 13.64% Below Seller Total | 10.18% Below Derived OP | Buyer All-In AED 183K Below Seller Total | Super Distress | 800 Sq Ft | 40% Paid | Emaar

Save AED 300,000 vs Seller Total | Super Distress — Buyer All-In Approximately AED 183,520 Below Seller Total | Seller Absorbs Confirmed AED 183,520+ Loss | AED 2,375/sqft | 1BR | 800 Sq Ft | 40% Paid — 60% Remaining at Handover | Marina Place 2 | Mina Rashid | Emaar | Ref DPF-MP2-MR-1BR-800-001

A clearly documented super distress configuration in Emaar’s landmark Port Rashid seafront marina community — a motivated seller exiting at AED 1,900,000 net on a 1-bedroom apartment in Marina Place 2, Mina Rashid, against a disclosed total documented cost of AED 2,200,000 including DLD paid. The seller has disclosed their complete investment as AED 2,200,000. Working from this disclosed total: the derived original purchase price is approximately AED 2,115,385 (AED 2,200,000 divided by 1.04) and the derived DLD paid is approximately AED 84,615. The distress asking price is AED 1,900,000 net to seller — saving approximately AED 215,385 (10.18%) below the derived OP and AED 300,000 (13.64%) below the seller’s own disclosed total including DLD. The buyer’s own all-in — AED 1,900,000 plus buyer DLD (4%), agency (2% plus VAT), and admin, with the remaining Emaar balance assumed at handover — is approximately AED 2,016,480. That buyer all-in is approximately AED 183,520 below the seller’s total documented cost of AED 2,200,000. The buyer pays every transaction cost at their own expense and still arrives at a fully-loaded acquisition figure approximately AED 183,520 lower than what the seller originally invested. Super distress confirmed across three independent arithmetic layers. The assignment structure is clearly defined: 40% of the OP has already been paid to Emaar — approximately AED 846,154. The remaining 60% — approximately AED 1,269,231 — is payable directly to Emaar at handover. The amount payable to the seller at transfer is approximately AED 630,769 (the SP of AED 1,900,000 minus the remaining AED 1,269,231 Emaar obligation that transfers with the unit). The buyer then pays their own DLD, agency, and admin at transfer, and assumes the AED 1,269,231 Emaar milestone at handover. For a buyer tracking Mina Rashid’s 1-bedroom secondary market, AED 2,375/sqft for a 1-bedroom in Marina Place 2 — against a seller’s derived OP rate of approximately AED 2,644/sqft and a total cost rate of AED 2,750/sqft — represents a per-sqft distress discount of approximately AED 269 below the derived OP rate and AED 375 below the seller’s total cost rate. Mina Rashid is Emaar’s Port Rashid seafront masterplan community — a full marina for superyachts and leisure craft, a seafront promenade on the Arabian Gulf, beach clubs, waterfront retail and dining, and the Emaar quality and delivery standard applied to one of Dubai’s most historically significant and most centrally positioned waterfront addresses. Marina Place 2 is an Emaar residential tower within the Mina Rashid masterplan delivering the 1-bedroom programme with marina and seafront positioning. A 1-bedroom at 800 sq ft in Marina Place 2 at AED 1,900,000 net — 13.64% below the seller’s disclosed total, buyer all-in approximately AED 183,520 below that total, 40% already paid — is the most clearly evidenced super distress entry into Marina Place 2’s 1-bedroom secondary market at the current date. Reference: DPF-MP2-MR-1BR-800-001.

Property Highlights

  • Project: Marina Place 2
  • Developer: Emaar Properties
  • Community: Mina Rashid, Port Rashid, Dubai
  • Unit Type: 1 Bedroom Apartment
  • Bedrooms: 1
  • Bathrooms: Available on request
  • Size: 800 sq ft
  • Seller Disclosed Total (OP + DLD): AED 2,200,000
  • Derived OP (total divided by 1.04): Approximately AED 2,115,385
  • Derived Seller DLD Paid: Approximately AED 84,615
  • Distress Asking Price (Net to Seller): AED 1,900,000
  • Saving vs Derived OP: Approximately AED 215,385 (10.18% below derived OP)
  • Saving vs Seller Total: AED 300,000 (13.64% below seller total)
  • Price per Sq Ft (SP): AED 2,375
  • Price per Sq Ft (Derived OP): Approximately AED 2,644
  • Price per Sq Ft (Seller Total): AED 2,750
  • Saving per Sq Ft vs Derived OP: Approximately AED 269
  • Saving per Sq Ft vs Seller Total: AED 375
  • Amount Paid to Emaar (40%): Approximately AED 846,154
  • Remaining to Emaar at Handover (60%): Approximately AED 1,269,231
  • Amount Payable to Seller at Transfer: Approximately AED 630,769 (SP minus remaining Emaar)
  • Handover: Available on request
  • Estimated Buyer All-In: Approximately AED 2,016,480
  • Buyer All-In vs Seller Total: Approximately AED 183,520 BELOW seller disclosed total — super distress confirmed
  • Status: OFF PLAN — Super Distress — 40% Paid
  • DPF Reference: DPF-MP2-MR-1BR-800-001

Three-Layer Super Distress Framework

Understanding This Configuration

The seller has disclosed their total documented investment — original purchase price plus the 4% DLD they paid at registration — as AED 2,200,000. Dividing AED 2,200,000 by 1.04 gives a derived OP of approximately AED 2,115,385 and a derived DLD of approximately AED 84,615. All three distress layers are calculated from these disclosed and derived figures.

Layer 1 — Against Derived Original Purchase Price

  • Derived OP: Approximately AED 2,115,385
  • SP: AED 1,900,000
  • Saving: Approximately AED 215,385
  • Percentage Below Derived OP: Approximately 10.18%
  • Price per Sq Ft (SP): AED 2,375
  • Price per Sq Ft (Derived OP): Approximately AED 2,644
  • Saving per Sq Ft vs Derived OP: Approximately AED 269

Layer 2 — Against Seller Total Documented Cost

  • Seller Disclosed Total: AED 2,200,000
  • SP: AED 1,900,000
  • Saving: AED 300,000
  • Percentage Below Seller Total: 13.64%
  • Saving per Sq Ft vs Seller Total: AED 375

Layer 3 — Buyer All-In vs Seller Total (Super Distress Confirmed)

  • SP: AED 1,900,000
  • Buyer DLD (4%): AED 76,000
  • Buyer Admin: Approximately AED 580
  • Buyer Agency (2% + VAT): Approximately AED 39,900
  • Remaining to Emaar at Handover: Approximately AED 1,269,231
  • Buyer Total All-In: Approximately AED 2,016,480 (including all fees and remaining Emaar milestone)
  • Buyer All-In vs Seller Total: Approximately AED 183,520 BELOW seller disclosed total of AED 2,200,000
  • Percentage Below Seller Total: Approximately 8.34%

The seller paid approximately AED 2,115,385 plus approximately AED 84,615 in DLD — a total documented investment of AED 2,200,000. The distress asking price is AED 1,900,000 net — saving AED 300,000 (13.64%) below the seller’s own disclosed total. The buyer’s own all-in of approximately AED 2,016,480 is approximately AED 183,520 below the seller’s total documented cost. The seller is absorbing a confirmed, documented loss of AED 300,000 relative to their total investment. Three independent arithmetic layers confirm super distress.

Assignment Payment Structure — AED 630K to Seller, AED 1.27M to Emaar at Handover

The payment structure for this assignment is precisely defined. The total selling price is AED 1,900,000 net to seller. 40% of the OP has already been paid to Emaar — approximately AED 846,154. The remaining 60% — approximately AED 1,269,231 — is the single remaining milestone payable directly to Emaar at handover. At transfer, the buyer compensates the seller approximately AED 630,769 (the SP of AED 1,900,000 minus the remaining AED 1,269,231 Emaar obligation), plus the buyer’s own DLD (AED 76,000), agency (approximately AED 39,900), and admin (approximately AED 580). The buyer then assumes the AED 1,269,231 Emaar milestone and pays it directly to Emaar at handover when keys and title deed are received. For buyers intending to finance the handover balance via mortgage, Marina Place 2 units at handover qualify for standard UAE residential mortgage products. Full assignment documentation, Emaar NOC requirements, handover date, and confirmed payment schedule are available on request from our team. Reference: DPF-MP2-MR-1BR-800-001.

About Marina Place 2 — Mina Rashid, Emaar, Dubai

Mina Rashid is Emaar’s landmark waterfront marina and residential masterplan at the historic Port Rashid seafront on Dubai’s central coastline. The development transforms Dubai’s original deep-water port infrastructure into one of the city’s most comprehensively programmed waterfront lifestyle destinations — a full marina for superyachts and leisure craft, a seafront promenade facing the Arabian Gulf, beach clubs, waterfront retail and dining, and the Emaar residential programme applied to one of Dubai’s most historically significant and most centrally connected waterfront locations. Marina Place 2 is an Emaar residential tower within the Mina Rashid masterplan — delivering the 1-bedroom investor and professional programme with the community’s marina positioning, seafront access, and the full Emaar amenity and quality standard. The Mina Rashid address provides extraordinary connectivity: Dubai Creek and Old Dubai within 5 to 10 minutes, Downtown Dubai and DIFC approximately 10 to 15 minutes, and Dubai International Airport approximately 10 to 15 minutes — making it one of the most airport-proximate premium Emaar waterfront addresses in the city. A 1-bedroom at 800 sq ft in Marina Place 2 at AED 1,900,000 net — 13.64% below the seller’s disclosed total, buyer all-in approximately AED 183,520 below that total, 40% paid — is the most clearly evidenced super distress entry into Marina Place 2’s 1-bedroom secondary market at the current date. Reference: DPF-MP2-MR-1BR-800-001.

Community and Lifestyle

  • Marina Place 2 — Emaar residential tower within Mina Rashid waterfront masterplan
  • Mina Rashid — Emaar’s Port Rashid marina and seafront development
  • Full marina for superyachts and leisure craft — the defining community character
  • Arabian Gulf seafront promenade and beach clubs
  • 1 bedroom — investor and professional programme at 800 sq ft
  • AED 2,375/sqft — distress rate, AED 269/sqft below derived OP rate
  • 13.64% below seller total — AED 300,000 saving vs seller’s disclosed total of AED 2,200,000
  • Super distress — buyer all-in approximately AED 183,520 below seller’s total documented cost
  • 40% paid — approximately AED 846,154 already paid to Emaar
  • 60% remaining — approximately AED 1,269,231 payable to Emaar at handover
  • Emaar developer — most established delivery certainty in Dubai

Amenities

  • Mina Rashid full marina — superyacht and leisure craft berths
  • Arabian Gulf seafront promenade — direct waterfront walkway
  • Beach clubs and waterfront leisure programme
  • Marina Place 2 building amenities — pool, gymnasium, lobby management on request from Emaar
  • Waterfront retail and dining facing the marina and Arabian Gulf
  • Dubai Creek waterfront heritage — Old Dubai accessible within 5 to 10 minutes
  • 24/7 gated security and Emaar waterfront community management
  • Full service charge details on request from Emaar

Investment Case — Super Distress Entry, 1BR Marina Waterfront, Emaar Quality

The investment case for this Marina Place 2 1-bedroom at AED 1,900,000 net operates across three compounding propositions. First, the super distress structural equity: the buyer’s all-in of approximately AED 2,016,480 is approximately AED 183,520 below the seller’s total documented cost — structural equity from day one, derived from the seller’s own disclosed figures. The seller absorbs AED 300,000 of documented loss. Second, the Mina Rashid short-term rental proposition: 1-bedroom units in Emaar marina waterfront communities are the most consistently in-demand and most liquid short-term rental product in Dubai’s premium waterfront ecosystem. Compact, fully managed, marina-facing, Emaar-branded, and within 10 to 15 minutes of DXB Airport — the 1-bedroom format at Marina Place 2 is specifically suited to the international traveller, business visitor, and UHNW short-stay profile that commands the highest nightly rates in the Mina Rashid rental market. Third, the Mina Rashid growth trajectory: the Port Rashid seafront waterfront is one of Dubai’s most government-supported marina and waterfront lifestyle destinations — the progressive build-out of the Mina Rashid lifestyle infrastructure and the continuing activation of the Port Rashid waterfront consistently support the value appreciation trajectory for Marina Place 2 units. Entering at AED 2,375/sqft — AED 269/sqft below the derived OP rate, AED 375/sqft below the seller’s total cost rate — creates the most favourable yield-on-cost foundation for a 1-bedroom in Marina Place 2 at the current secondary market.

Estimated Buyer All-In Cost and Assignment Structure

  • Purchase Price (Net to Seller): AED 1,900,000
  • Amount to Seller at Transfer: Approximately AED 630,769 (SP minus remaining Emaar balance)
  • Buyer DLD (4% of SP): AED 76,000
  • DLD Administrative Fee: Approximately AED 580
  • Agency Commission (2% + VAT): Approximately AED 39,900
  • Remaining to Emaar at Handover (60% of OP): Approximately AED 1,269,231
  • Total Estimated Buyer All-In: Approximately AED 2,016,480
  • Buyer All-In vs Seller Total (AED 2,200,000): Approximately AED 183,520 BELOW — super distress confirmed

Location and Connectivity — Mina Rashid, Port Rashid, Dubai

  • Community: Mina Rashid, Port Rashid, Dubai
  • Key Roads: Sheikh Khalifa Bin Zayed Road, Al Mankhool Road, Port Rashid Access Road
  • Dubai Creek Heritage Waterfront: Approximately 5 to 10 minutes by car
  • Bur Dubai and Al Fahidi Historical District: Approximately 5 to 10 minutes by car
  • Dubai Frame: Approximately 10 minutes by car
  • Downtown Dubai and Burj Khalifa: Approximately 10 to 15 minutes by car
  • DIFC and Business Bay: Approximately 10 to 15 minutes by car
  • Dubai International Airport (DXB): Approximately 10 to 15 minutes by car
  • Dubai Mall: Approximately 10 to 15 minutes by car
  • Dubai Marina and JBR: Approximately 25 to 30 minutes by car
  • Al Maktoum International Airport (DWC): Approximately 35 to 40 minutes by car

Why This Marina Place 2 Listing Demands Immediate Action

  • 13.64% below seller’s total documented cost — AED 300,000 saving vs seller’s disclosed total of AED 2,200,000
  • 10.18% below derived OP — approximately AED 215,385 saving vs the derived original purchase price
  • Super distress confirmed — buyer all-in approximately AED 183,520 below seller’s total documented cost
  • AED 2,375/sqft — distress rate, AED 269/sqft below derived OP rate and AED 375/sqft below seller total rate
  • 40% already paid to Emaar — approximately AED 846,154 in paid equity transferred to buyer
  • 60% remaining — approximately AED 1,269,231 payable to Emaar at handover
  • 800 sq ft 1-bedroom — the most liquid investor format in Mina Rashid’s rental ecosystem
  • Marina Place 2 — Emaar residential tower in Mina Rashid’s Port Rashid seafront masterplan
  • 10 to 15 minutes DXB Airport — one of the most airport-proximate premium Emaar addresses
  • Freehold — available to all nationalities worldwide
  • Reference DPF-MP2-MR-1BR-800-001

Frequently Asked Questions

What are the three distress layers and what is the arithmetic?

The seller disclosed their total (OP plus DLD paid) as AED 2,200,000. Layer 1: derived OP approximately AED 2,115,385 (2,200,000 divided by 1.04) — SP AED 1,900,000 is approximately AED 215,385 (10.18%) below derived OP. Layer 2: SP AED 1,900,000 is AED 300,000 (13.64%) below seller disclosed total. Layer 3: buyer all-in approximately AED 2,016,480 — approximately AED 183,520 below seller total (8.34%) — super distress confirmed. Reference DPF-MP2-MR-1BR-800-001.

How does the assignment payment structure work?

Total SP is AED 1,900,000 net to seller. 40% of OP paid to Emaar (approximately AED 846,154). 60% remaining to Emaar (approximately AED 1,269,231) payable at handover. Buyer pays seller approximately AED 630,769 at transfer (SP minus remaining Emaar balance), plus buyer DLD (AED 76,000), agency (approximately AED 39,900), and admin (approximately AED 580). Buyer then pays Emaar approximately AED 1,269,231 at handover and receives keys and title deed. Full schedule, handover date, and NOC requirements on request. Reference DPF-MP2-MR-1BR-800-001.

What is Mina Rashid and why is it a premium address?

Mina Rashid is Emaar’s waterfront marina and residential masterplan at Port Rashid on Dubai’s central coastline. A full superyacht marina, seafront promenade, beach clubs, and waterfront retail and dining on the Arabian Gulf — combined with Dubai Creek and Old Dubai within 5 to 10 minutes, Downtown and DIFC approximately 10 to 15 minutes, and DXB Airport approximately 10 to 15 minutes — make Mina Rashid one of the most centrally connected and most comprehensively positioned premium waterfront addresses in Dubai.

Can all nationalities purchase in Marina Place 2?

Yes. Mina Rashid is a designated freehold area in Dubai, permitting property ownership by all nationalities worldwide.

What are the total buyer costs?

AED 1,900,000 SP plus buyer DLD 4% (AED 76,000) plus admin (approximately AED 580) plus agency 2% plus VAT (approximately AED 39,900) plus remaining Emaar at handover (approximately AED 1,269,231). Total estimated buyer all-in approximately AED 2,016,480. Still approximately AED 183,520 below seller’s disclosed total of AED 2,200,000. Emaar NOC and assignment fees also apply.

How do I proceed with the assignment?

Contact our team immediately via phone, email, or WhatsApp, quoting reference DPF-MP2-MR-1BR-800-001. We will provide the full Emaar payment schedule, confirmed amount paid to date, handover date, NOC requirements, and all assignment documentation. 13.64% below seller total — buyer all-in AED 183K below total — 1BR 800 sqft — Marina Place 2 Mina Rashid — AED 1,900,000 net — 40% paid. Act immediately.

Floor Plan

Floor Plan — 1 Bedroom | 800 Sq Ft | Marina Place 2, Mina Rashid, Dubai | Ref DPF-MP2-MR-1BR-800-001

This Marina Place 2 1-bedroom apartment delivers 800 sq ft of Emaar-built residential space at Mina Rashid — an efficiently designed one-bedroom layout providing an open-plan living and dining area, a fully fitted kitchen to the Emaar specification standard, a master bedroom suite with its own bathroom, and balcony access. The 800 sq ft format is specifically optimised for the professional, investor, and short-term rental market that Emaar marina waterfront 1-bedroom units attract — compact, high-specification, and positioned within the Port Rashid seafront community where the daily marina and waterfront lifestyle is the primary occupant and tenant proposition. Full floor plan with exact room dimensions, bathroom configuration, balcony details, and unit position within Marina Place 2 are available on request from our team or directly from Emaar Properties. Reference: DPF-MP2-MR-1BR-800-001.

Payment_Plan

MilestonePayment%
Down_Payment40%
On_Handover60%

Features

1 Bedroom
1 Bedroom
40% Paid
40% Paid
800 sqft
800 sqft
Downtown Dubai
Downtown Dubai
Emaar
Emaar
Marina Place 2
Marina Place 2
Mina Rashid
Mina Rashid
Waterfront Marina
Waterfront Marina

Gallery

Location Map

Our real estate expert will assist you

Contact Us Anytime: We’re Here 24/7 to assist you

Explore the Best Residential Areas for Your Future Home

Top Areas In Dubai, UAE

How this listing is verified

Every listing on DistressPropertyFinder is individually verified against Dubai Land Department (DLD) SPA/SOP records before publication. DistressPropertyFinder is a specialist Dubai portal for secondary-market distress and below-market resale. We do not publish developer primary stock. Read our full verification methodology.