Property Overview
This 2-bedroom corner apartment with maid's room in The Quayside by Ellington Properties is listed at AED 3,650,000, which is AED 120,000 below the developer price of AED 3,770,000. The unit spans 1,421 sq ft with 3 bathrooms and offers a full Burj Khalifa view from a corner position in this boutique 20-storey waterfront building in Business Bay.
Property Highlights
- Type: 2-bedroom corner apartment with maid's room
- Built-up area: 1,421 sq ft
- Bathrooms: 3
- View: full Burj Khalifa
- Position: corner unit
- Asking price: AED 3,650,000
- Developer price (agent-stated): AED 3,770,000
- Savings: AED 120,000 (3.2%)
- Rate: approximately AED 2,569 per sq ft
- Developer: Ellington Properties
- Payment plan: 70/30
- Freehold
Why This Price Qualifies as Below OP
The agent states the developer price for this unit is AED 3,770,000. The current asking price of AED 3,650,000 is AED 120,000 below that figure, a 3.2% reduction.
This developer price is strongly corroborated by multiple initial-sale listings on Dubizzle and Bayut. Scandic Real Estate lists the same 1,420 sqft 2BR+maid layout at AED 3,771,828, and YAFF Property Boutique lists a 1,420.84 sqft unit described as Original Price. The consistency across listings (AED 3,770,000 to AED 3,771,828) confirms the developer pricing for this layout.
As additional context, the only other resale listing with a full Burj Khalifa view in The Quayside is a 1,566 sqft end unit at AED 4,752,000 by Prestige Luxury, which is AED 1,102,000 above this listing. A canal-view resale of 1,386 sqft by White and Co is listed at AED 3,649,000, essentially the same price as this unit but without the Burj Khalifa view. This indicates the buyer acquires a Burj-view corner unit at a canal-view price.
Buyers should request the seller's signed SPA to confirm the original purchase price. DPF has not verified the SPA and classifies this listing as a draft until that confirmation is received.
About The Quayside by Ellington
The Quayside is a boutique 20-storey residential building by Ellington Properties (DLD: QUAYSIDE DEVELOPERS L.L.C), situated on the Dubai Water Canal in Business Bay. The development offers 1 to 3-bedroom apartments with maid's rooms, 3 bathrooms, balconies and premium finishes. All units include white goods and floor-to-ceiling windows. The building includes 141 parking spaces, 4 elevators and a retail centre at ground level.
The Quayside is designed with Ellington's signature design-led approach, featuring a hotel-style lobby, calm and contemporary interiors with high-quality materials, and resort-level communal spaces. The property is freehold with an estimated service charge of AED 18 per sqft.
Amenities
Residents have access to an infinity swimming pool with views over the Dubai Water Canal, a fitness studio, clubhouse, spa and zen rooms, pizza oven and BBQ area, children's pool and play area, canal boardwalk access, EV charging stations, bicycle parking, covered parking, 24-hour security and concierge services.
Location and Connectivity
The Quayside is positioned on the waterfront in Business Bay, near the junction of the Dubai Water Canal and the main Business Bay waterway. The Burj Khalifa and Dubai Mall are within walking distance, DIFC approximately 5 minutes by car, and Dubai Marina approximately 15 minutes. The building benefits from direct access to Sheikh Zayed Road and Al Khail Road.
Verification Notes
The asking price of AED 3,650,000, developer price of AED 3,770,000, 2 bedrooms plus maid's room, corner unit, built-up area of 1,421 sqft, full Burj Khalifa view and Q3 2027 handover are sourced from the agent brief dated 17 September 2026. The 3 bathrooms are sourced from comparable listings for the same layout. The price per square foot of AED 2,570 and savings of AED 120,000 (3.2%) are calculated from these figures.
The stated developer price is corroborated by initial-sale listings at AED 3,771,828 for the same layout (difference of AED 1,828, negligible). The agent's stated handover of Q3 2027 conflicts with DLD data and portal listings which show Q1-Q2 2026. The building may already be completed. Buyers should verify the current status with Ellington Properties.
This listing is classified as a draft. No images have been supplied; actual photography is required before publication.