2-Bedroom Full Palm View Apartment in Seapoint Tower 1, Emaar Beachfront, Below OP

Property Overview

This 2-bedroom apartment in Seapoint Tower 1 by Emaar, Emaar Beachfront, Dubai, is offered at AED 5,800,000 for 1,167 sq ft of built-up area, or about AED 4,970 per sq ft. The asking price is AED 1,300,000 (18.3%) below the agent-stated original price including DLD of AED 7,100,000. The agent reports a high-floor unit with a full view of Palm Jumeirah.

Property Highlights

• Property type: Apartment
• Bedrooms: 2
• Built-up area: 1,167 sq ft
• Asking price: AED 5,800,000
• Original price including DLD (agent-stated): AED 7,100,000
• Saving versus original price plus DLD: AED 1,300,000 (18.3%)
• Asking rate: approximately AED 4,970 per sq ft
• Floor: high floor (agent-stated)
• View: full Palm Jumeirah view
• Developer: Emaar Properties

Why the Price Qualifies as Below OP

The listing is classified as Below OP because the asking price of AED 5,800,000 is lower than the agent-stated benchmark of AED 7,100,000, which the brief describes as the original price plus the DLD fee. The difference is AED 1,300,000, or 18.3%. If the DLD fee was the standard 4%, the original price alone would be about AED 6,826,923, and the asking price would be roughly AED 1,026,923 (15.0%) below it; this is a DPF estimate.

None of the figures have yet been checked against the SPA, title deed or DLD records. The comparison reflects what the seller originally paid; it is not a claim that the unit is below current market value.

About the Project, Developer and Community

Seapoint is a residential project by Emaar Properties in Emaar Beachfront, a waterfront community between Dubai Marina and Palm Jumeirah with a private beach and residential towers.

Layout, Floor and View

The agent confirms a 2-bedroom layout of 1,167 sq ft on a high floor of Tower 1, with a full view of Palm Jumeirah. Exact floor, bathrooms, parking and furnishing were not supplied. Ask the DPF team for the floor plan.

Handover and Transfer

Handover status, payment details and occupancy were not supplied. Confirm these, along with transfer fees and service charges, against the SPA or title deed and Emaar's statement of account before making an offer.

Location and Connectivity

Emaar Beachfront has access to Sheikh Zayed Road and King Salman Bin Abdulaziz Al Saud Street, linking it with Dubai Marina, Palm Jumeirah and Dubai Media City. Travel times vary with traffic and are not quoted here.

Verification Notes

• Agent-supplied facts: Seapoint Tower 1, Emaar, Emaar Beachfront, 2-bedroom apartment, 1,167 sq ft, high floor, full Palm view, AED 7,100,000 original price including DLD and AED 5,800,000 asking price.
• DPF-calculated figures: AED 1,300,000 (18.3%) below the original price plus DLD, an estimated 15.0% below the original price alone and approximately AED 4,970 per sq ft.
• Not yet verified: SPA, title deed or DLD records, handover status, bathrooms, parking and service charges.