2-Bedroom Park-View Apartment in Address Residences Zabeel – Below Original Price

Property Overview

This 2-bedroom off-plan apartment in Address Residences Zabeel by Emaar, Dubai, is offered at AED 3,500,000 for 1,390 sq ft of built-up area. The asking price is AED 100,000 (2.8%) below the agent-stated original purchase price of AED 3,600,000, or about AED 2,518 per sq ft. It sits on a high floor with a park view, with 50% paid and handover expected in Q3 2029.

Property Highlights

• Property type: 2-bedroom apartment
• Project: Address Residences Zabeel
• Developer: Emaar Properties
• Built-up area: 1,390 sq ft
• Asking price: AED 3,500,000
• Original purchase price (agent-stated): AED 3,600,000
• Discount to OP: AED 100,000 (2.8%)
• Price per sq ft: approx. AED 2,518
• Floor: high floor
• View (agent-stated): park view
• Amount paid (agent-stated): 50%
• Handover (agent-stated): Q3 2029

Why the Price Qualifies as Below OP

DPF classifies this unit as Below OP because the asking price is lower than the original purchase price supplied in the agent brief received on 20 October 2026. AED 3,600,000 minus AED 3,500,000 gives a saving of AED 100,000, or 2.8% of the original price. Dividing the asking price by 1,390 sq ft gives about AED 2,518 per sq ft.

The discount is modest. The original price is agent-supplied and should be confirmed against the Sale and Purchase Agreement (SPA). The comparison is against the unit's own original price only and is not a claim that the unit is below current market value.

About the Project, Developer and Community

Address Residences Zabeel is a four-building branded residential project by Emaar Properties in Zabeel, Dubai, carrying the Address hospitality brand. It offers 1- to 3-bedroom apartments and 4-bedroom penthouses. Marketed amenities include several pools, a gym and health club, a shared spa, a yoga room, a children's play area, valet parking and retail.

Layout, Floor and View

The agent brief confirms a 2-bedroom layout of 1,390 sq ft on a high floor with a park view. The tower, exact floor, bathroom count and parking were not supplied and are not stated here. Request the floor plan and confirm the tower and view orientation.

Payment Plan and Handover

The agent states 50% has been paid, with handover expected in Q3 2029. If 50% was paid on the original price, that is about AED 1,800,000, leaving a similar amount due to Emaar. Buyers should confirm the amount paid, the remaining instalments and Emaar's transfer requirements using the SPA and an Emaar statement of account.

Location and Connectivity

Zabeel is a central Dubai district bordering Downtown Dubai and Za'abeel Park, close to Sheikh Zayed Road. DPF does not quote travel times without a verified source.

Verification Notes

• Agent-supplied facts: project, 2-bedroom type, 1,390 sq ft built-up area, asking and original prices, park view, high floor, 50% paid, Q3 2029 handover and the urgent-sale description.
• DPF-calculated figures: AED 100,000 saving, 2.8% discount, approximately AED 2,518 per sq ft and an indicative AED 1,800,000 paid.
• External research: project facts from a property portal project page.
• Not supplied: tower, unit number, exact floor, bathrooms and parking.