Property Overview
A 1-bedroom apartment in The Edge Tower B by Select Group, Business Bay at AED 1,370,000. 4.9% below the original price of AED 1,440,000, saving AED 70,000. The unit has a view towards the Opus (designed by Zaha Hadid). Off-plan with handover Q4 2026.
Property Highlights
- Type: 1-bedroom apartment
- Size: Not provided by agent (1BR in this building: 573 to 702 sqft)
- Asking price: AED 1,370,000
- Original price: AED 1,440,000
- Saving: AED 70,000 (4.9%)
- View: Opus (Zaha Hadid landmark)
- Handover: Q4 2026
Below OP Analysis
At AED 1,370,000 vs AED 1,440,000 OP, the saving is AED 70,000 (4.9%). Including the 4% DLD fee on the original purchase (approximately AED 57,600), the seller's total loss is approximately AED 127,600 (8.5% of total investment).
Size-Dependent Value Assessment
The agent did not provide the unit size. The value assessment depends heavily on the actual size:
- If 573 sqft (smaller layout): AED 2,391 per sqft, above the area average of AED 2,150 but within The Edge's premium range. DLD comps for this size: AED 1,350,000 to AED 1,465,000.
- If 674 sqft (larger layout): AED 2,033 per sqft, below the Business Bay average, representing a strong deal. DLD comp: AED 1,400,000 for 675 sqft (July 2025).
Buyers should confirm the unit size before assessing value.
DLD Transactions (Tower B, 1BR)
- AED 1,465,000 for 570 sqft (Sep 2025, AED 2,569 per sqft)
- AED 1,450,000 for 573 sqft (Sep 2025, AED 2,529 per sqft)
- AED 1,350,000 for 573 sqft (Sep 2025, AED 2,355 per sqft)
- AED 1,600,000 for 620 sqft (Aug 2025, AED 2,582 per sqft)
- AED 1,400,000 for 675 sqft (Jul 2025, AED 2,075 per sqft)
- AED 1,597,000 for 698 sqft (Jul 2025, AED 2,288 per sqft)
At AED 1,370,000, this listing sits at the lower end of recorded transactions regardless of size.
Active Listings
- AED 1,490,000 for 674 sqft (high floor, canal and peninsula view)
- Approximately AED 1,520,000 for 574 sqft (mid floor, city view, Tower B)
At AED 1,370,000, this listing is below all active comparable listings.
Near Handover
The Edge is expected to hand over in Q4 2026 (construction at 77%). The payment plan is 40/60: 20% on booking, 20% during construction, 60% on handover. A buyer assuming this assignment would face the 60% handover payment (approximately AED 864,000 based on OP) within months. This is a near-handover opportunity with reduced construction risk but a significant near-term cash requirement.
About The Edge
The Edge is a dual-tower development (Tower A and Tower B) by Select Group in Business Bay with 1,030 apartments. Designed by Killa Design, the same firm behind the Museum of the Future. The project features a 61,000 sqft podium-level leisure deck with infinity pool, community pool with hot tubs, padel and pickleball courts, basketball court, outdoor gym, yoga deck, sprint track, BBQ area, co-working spaces, games room, kids club and a restaurant. Units feature floor-to-ceiling windows, balconies and contemporary interiors with bold, contrasting colour schemes. The project is sold out from the developer.
Verification Notes
The asking price, OP and Opus view are from the agent brief. The 4.9% saving is verified (70,000 divided by 1,440,000). No unit size was provided; 1BR units in this building range from 573 to 702 sqft. Q4 2026 handover is confirmed across sources. Buyers should confirm the exact unit size, floor, remaining payment schedule, and developer NOC fee.