2-Bedroom High-Floor Apartment at Address Residences Zabeel – Below Original Price

Property Overview

This high-floor 2-bedroom apartment at Address Residences Zabeel by Emaar is offered at AED 3,500,000 for 1,390 sq ft. That is AED 100,000 (2.8%) below the agent-stated original price of AED 3,600,000, at about AED 2,518 per sq ft. The agent reports a Zabeel Park view, 50% already paid and handover expected in Q3 2029.

Property Highlights

• Property type: Apartment
• Bedrooms: 2
• Size: 1,390 sq ft (agent-stated)
• Asking price: AED 3,500,000
• Original price: AED 3,600,000 (agent-stated)
• Saving: AED 100,000, or 2.8% below original price (calculated)
• Price per sq ft: approx. AED 2,518 (calculated)
• Floor: High floor (agent-stated)
• View: Zabeel Park, with DIFC noted in the agent's location line (agent-stated)
• Paid to date: 50% (agent-stated)
• Expected handover: Q3 2029 (agent-stated)
• Developer: Emaar Properties

Why the Price Qualifies as Below Original Price

The agent states the unit's original price was AED 3,600,000 and the seller wants to sell as soon as possible at AED 3,500,000. The difference is AED 100,000.

Calculation

• Saving: AED 3,600,000 − AED 3,500,000 = AED 100,000
• Percentage: 100,000 ÷ 3,600,000 × 100 = 2.8%
• Rate: AED 3,500,000 ÷ 1,390 sq ft = approx. AED 2,518 per sq ft

The original price comes from the agent's brief and should be confirmed against the seller's SPA. The comparison is with the seller's purchase price only, not with recent DLD transactions.

About the Project and Developer

Address Residences Zabeel is an Emaar development carrying the Address Hotels + Resorts brand, located in Za'abeel beside Sheikh Zayed Road. Published project information describes four towers of roughly 50 to 58 storeys with more than 1,600 residences, ranging from 1- to 3-bedroom apartments to 4-bedroom penthouses. Residences are described as having balconies, a laundry room and an entrance foyer, with outlooks across Burj Khalifa, Zabeel Park, Dubai Creek and DIFC depending on position.

Final specifications and amenities should be confirmed against Emaar's sales documents.

Layout, Floor and View

The agent describes the apartment as being on a high floor with a Zabeel Park view, and the brief's location line also references DIFC views. The tower, floor number, bathroom count, parking and unit number were not supplied. Request the floor plan and unit details before making an offer.

Payment Plan and Handover

The agent states that 50% has been paid and that handover is expected in Q3 2029. If the 50% refers to the original price, roughly AED 1,800,000 has been paid to the developer, but buyers should confirm the exact amount paid, the remaining instalment schedule and the balance due on handover against the SPA and Emaar's statement of account. Buyers should also confirm Emaar's transfer requirements, NOC fees and the DLD transfer fee.

Location and Connectivity

Za'abeel sits between Downtown Dubai, DIFC and Dubai Creek, next to Sheikh Zayed Road and close to Zabeel Park, Dubai Frame and the Museum of the Future. Exact travel times should be checked during a viewing.

Verification Notes

• Agent-supplied facts: project, bedrooms, size, original price, asking price, urgent sale, high floor, Zabeel Park view, 50% paid and Q3 2029 handover.
• Calculated figures: saving amount, saving percentage, price per sq ft and the indicative paid amount.
• External research: developer, brand, tower and unit-mix profile from published project information; these are not unit-specific.
• Not supplied: tower, floor number, bathrooms, parking and remaining payment schedule.