Property Overview
A 2-bedroom corner apartment in Clearpoint, Mina Rashid at AED 2,320,000. Agent states OP AED 2,365,000 plus DLD Oqood fee of approximately AED 94,600, total investment approximately AED 2,459,600. Savings: AED 139,600 (5.7% below total investment). BUA 1,367 sqft at AED 1,697 per sqft. High floor, corner unit with sea view. Developer: Emaar Properties. Off-plan, handover Q3 2027. The agent describes this as a final price with no negotiation.
Property Highlights
- Type: 2BR corner apartment
- BUA: 1,367 sqft
- Asking price: AED 2,320,000
- OP (agent-stated): AED 2,365,000
- Total investment (OP + DLD): approximately AED 2,459,600
- Saving vs total investment: AED 139,600 (5.7%)
- Rate: AED 1,697 per sqft
- Floor: High
- View: Sea
- Bathrooms: 2
- Developer: Emaar Properties
- Tower: Clearpoint (3 towers, 36 floors each)
- HO: Q3 2027
Primary Developer Sales at Similar Prices
This is the most important consideration for buyers. DLD recorded a primary developer sale for the exact same 1,367 sqft 2BR layout at AED 2,299,888 (AED 1,683 per sqft) in Clearpoint Building 2 on 6 October 2026. This resale at AED 2,320,000 (AED 1,697 per sqft) is AED 20,112 (0.9%) above that primary transaction.
While the agent's unit is described as a sea view corner on a high floor (which may justify a premium over a standard-view unit), the fact that Emaar is still selling primary units at comparable prices means buyers have an alternative. A primary purchase from Emaar would include the developer payment plan (90-10) and a brand-new unit with no previous owner. Buyers should verify current primary availability with Emaar directly before committing to this resale.
DLD 2BR Transactions in Clearpoint (2026)
- AED 2,299,888 at 1,367 sqft (AED 1,683 per sqft, 6 Oct 2026, Building 2, primary)
- AED 2,251,888 at 1,255 sqft (AED 1,794 per sqft, 28 Sep 2026, Building 3, primary)
- AED 2,419,888 at 1,461 sqft (AED 1,656 per sqft, 16 Sep 2026, Building 2, primary)
- AED 2,400,000 at 1,363 sqft (AED 1,761 per sqft, 24 Jul 2026, Building 3, primary)
- AED 2,244,888 at 1,252 sqft (AED 1,792 per sqft, 23 Jul 2026, Building 1, primary)
- AED 2,384,888 at 1,318 sqft (AED 1,809 per sqft, 10 Jun 2026, Building 1, primary)
All transactions are off-plan (primary developer sales) at AED 1,656 to AED 1,809 per sqft across 2BR layouts. The 1,367 sqft unit transacted at AED 1,683 per sqft, suggesting this layout is in the lower price-per-sqft band.
Active 2BR Listings
- AED 2,650,000 at 1,366 sqft (AED 1,940 per sqft): Clearpoint Tower 1, community view (Property Finder)
The active comparable at AED 2,650,000 is 14% above this listing despite having a community view rather than a sea view. This suggests the agent's asking price is competitive among resale options, even though it is at parity with primary pricing.
Below Total Investment Analysis
The seller purchased at AED 2,365,000 and paid approximately AED 94,600 in DLD Oqood registration (4%). Total investment: approximately AED 2,459,600. At a selling price of AED 2,320,000, the seller's loss is AED 139,600 (5.7%), comprising:
- Loss on OP: AED 45,000 (2,365,000 minus 2,320,000)
- Loss of DLD fee: AED 94,600
The agent's OP of AED 2,365,000 for 1,367 sqft (AED 1,730 per sqft) is slightly above the most recent DLD primary for the same size (AED 1,683 per sqft), suggesting the seller may have purchased a premium variant (sea view, corner, higher floor) at a higher price point within the same layout category.
About Clearpoint
An Emaar Properties development in Mina Rashid comprising three towers of 36 floors each, connected by a central podium. 477 to 478 total units. Unit mix: 1BR, 2BR, 3BR apartments and 3BR duplexes. 45% complete with handover scheduled Q3 2027. Payment plan: 90-10 (10% booking, 80% construction, 10% handover). Amenities: swimming pools with cabanas, canal pool, tennis courts, gymnasium, nursery, BBQ area, pocket park, boardwalk promenade, landscaped gardens, covered parking.
About Mina Rashid
Formerly Port Rashid. A waterfront master-planned community by Emaar on the coast of Bur Dubai. Includes residential towers, a marina, retail, hotels and the QE2 hotel. Connected to Al Jaddaf and Dubai Healthcare City. Approximately 10 minutes from Downtown Dubai, 5 minutes from Dubai Creek. The master plan includes Rashid Yachts and Marina with delivered projects such as Bayline, Seascape and Marina Place alongside upcoming developments.
Verification Notes
The selling price (AED 2,320,000), OP (AED 2,365,000), BUA (1,367 sqft), sea view, high floor, corner unit and HO Q3 2027 are from the agent brief. The agent does not specify which of the three Clearpoint towers. The 1,367 sqft matches a confirmed DLD 2BR layout (Building 2 transaction, 6 Oct 2026). DLD primary sales at AED 2,299,888 for the same layout size mean this resale is at near-parity with developer pricing. Buyers should verify whether primary units with similar specifications are still available from Emaar. The agent states this is a final price.
