2-Bedroom Corner Apartment in Altan at Dubai Creek Harbour — 14.4% Below Original Price

Property Overview

This 2-bedroom corner apartment in Altan at Dubai Creek Harbour is listed at AED 3,000,000, which is 14.4% below the agent-stated original purchase price of AED 3,502,719. The unit spans 1,453 sq ft and offers views of the Creek, Downtown Dubai and Meydan. It is a price-reduced off-plan resale with handover expected in Q3 2029.

Property Highlights

• Type: 2-bedroom corner apartment
• Built-up area: 1,453 sq ft
• Views: Creek, Downtown Dubai and Meydan
• Asking price: AED 3,000,000
• Original purchase price (agent-stated): AED 3,502,719
• Savings vs OP: AED 502,719 (14.4%)
• Estimated total seller loss including DLD: approximately AED 642,828
• Rate: approximately AED 2,065 per sq ft
• Payment plan: 80/20
• Handover: Q3 2029 (DLD: July 2029)
• Construction: 11% complete as of July 2026
• Status: off-plan resale, price reduced

Why This Price Qualifies as Below OP

The seller originally purchased this apartment for AED 3,502,719, as stated by the listing agent. The current asking price of AED 3,000,000 produces a saving of AED 502,719, equivalent to a 14.4% reduction from the original price. The price has been specifically reduced as a distress sale.

The seller's total loss extends beyond the OP reduction. At the time of original purchase, the seller would have paid DLD transfer fees of 4%, approximately AED 140,109. Combined with the AED 502,719 reduction from OP, the seller's estimated total loss is approximately AED 642,828.

As supporting context, other 2-bedroom resale listings for the same 1,453 sqft layout in Altan are currently priced between AED 3,100,000 and AED 4,050,000. Agent initial-sale listings for similar sizes range from AED 3,258,000 to AED 3,284,000. At AED 3,000,000, this unit is the lowest priced 2-bedroom in the building, sitting AED 100,000 below the next cheapest resale and AED 258,000 below the lowest initial-sale listing.

Buyers should request the seller's signed SPA to confirm the original purchase price independently. DPF has not verified the SPA and classifies this listing as a draft until that confirmation is received.

About Altan

Altan is a 58-storey residential tower by Emaar Properties, situated in the Green Gate District of Dubai Creek Harbour. The development offers a collection of 1, 2 and 3-bedroom apartments and 3-bedroom townhouses, with sizes ranging from approximately 800 to 2,200 sq ft. All units feature floor-to-ceiling windows, built-in wardrobes, fitted kitchens with integrated appliances, balconies and modern finishes. The building includes 608 parking spaces, 8 elevators and 2 swimming pools.

According to DLD project data (Zone: Al Khairan First, Developer: DUBAI CREEK HARBOUR L.L.C), construction was 11% complete as of the last inspection in July 2026, with handover scheduled for July 2029. The payment plan is 80/20.

Amenities

Altan provides a comprehensive amenity package including an infinity-edge swimming pool with Creek views, children's splash pool, indoor and outdoor gymnasiums, yoga and meditation decks, multi-sport court (padel, badminton, table tennis), running track, barbecue and dining areas, children's play zones, landscaped podium deck, co-working lounges, multipurpose hall, 24-hour concierge and security services with covered parking.

Location and Connectivity

Altan is located within Dubai Creek Harbour, a large-scale waterfront development by Emaar along the Dubai Creek. The community offers views of the Creek waterfront, Downtown Dubai skyline, Meydan and the Ras Al Khor Wildlife Sanctuary. Downtown Dubai is a short drive away, with Dubai International Airport approximately 15 minutes by car. The district provides retail, dining and leisure amenities along its waterfront promenades.

Verification Notes

The asking price of AED 3,000,000, original purchase price of AED 3,502,719, bedroom count, corner unit, built-up area of 1,453 sq ft, Creek, Downtown and Meydan views and 2029 handover are all sourced from the agent brief dated 16 September 2026. The price per square foot of AED 2,065 and savings of AED 502,719 (14.4%) are calculated from these figures. The agent stated 14.3% below OP+DLD; the DPF-calculated figure of 14.4% is based on the standard formula (savings divided by OP, rounded to one decimal). The estimated total seller loss of AED 642,828 includes the assumed 4% DLD fee on the original purchase.

Bathroom count, parking allocation and floor level were not specified in the agent brief and have been omitted. Comparable listings in the building show 2-3 bathrooms for the 1,453 sqft 2BR layout. DLD project data and active listing information are sourced from Dubizzle and Property Finder, accessed 16 September 2026. Project-level facts are sourced from Emaar Properties records and Engel and Volkers project pages.

This listing is classified as a draft. The original purchase price has not been independently verified against the seller's SPA. No images have been supplied; actual photography or renders are required before publication.