3-Bedroom Townhouse in Côtier House 2, Dubai Island – 8.5% Below OP

Property Overview

This is a 3-bedroom off-plan townhouse resale in Côtier House 2 by Imtiaz Developments on Dubai Island, offered at AED 5,100,000 for a built-up area of 2,026 sq ft. The seller's stated original purchase price is AED 5,576,014, so the asking price sits AED 476,014, or 8.5%, below OP.

Property Highlights

• Property type: 3-bedroom townhouse
• Project: Côtier House 2 by Imtiaz Developments
• Community: Dubai Island
• Built-up area: 2,026 sq ft
• Asking price: AED 5,100,000
• Original purchase price (agent-stated): AED 5,576,014
• Saving versus OP: AED 476,014 (8.5%)
• Asking rate: approx. AED 2,517 per sq ft, against approx. AED 2,752 per sq ft at OP
• Status: off-plan resale

Why the Price Qualifies as Below OP

DPF classifies this listing as Below OP because the asking price is lower than the original purchase price stated in the agent's brief received on 23 October 2026. The calculation is AED 5,576,014 minus AED 5,100,000, which equals AED 476,014. Divided by the original price, that is a discount of 8.5%, consistent with the agent's stated 8.54%.

On a per-square-foot basis, the asking price works out to roughly AED 2,517 per sq ft, compared with roughly AED 2,752 per sq ft at the original price. The benchmark is the seller's own purchase price. It is not a DLD transaction comparison or a market valuation, so it does not by itself show that the unit is below current market value. Buyers should confirm the original price against the seller's SPA before committing.

About the Project, Developer and Community

Côtier House 2 is a marina-front residential project on Dubai Islands by Imtiaz Developments, the developer behind several waterfront projects in the same community, including the first Côtier House and the Sunset Bay and Beach Walk phases. The project mix includes 1 to 3-bedroom apartments, 3 and 4-bedroom duplexes, 3-bedroom penthouses and 3-bedroom townhouses.

Project marketing describes resort-style shared facilities such as an infinity pool, gym, sauna and steam rooms, a children's play area and a BBQ area. These are project-level features from published project information and should be confirmed with the developer or agent for the final handover specification.

Dubai Islands is a waterfront island development off the Deira coast and forms part of Dubai's 2040 Urban Master Plan, planned around beaches, marinas, hotels and leisure destinations.

Size Note

The 2,026 sq ft figure is the built-up area supplied by the agent. It aligns with the published size range for the project's 3-bedroom townhouse layouts, which supports reading it as BUA rather than plot size.

Payment Plan and Handover

The agent brief does not state the amount already paid by the seller, the outstanding balance or the remaining instalment schedule. Published project information indicates a developer plan of 20% down payment, 40% during construction and 40% on handover, with completion expected around Q2 2027. Those are project-level timelines that can change, and they do not confirm this unit's payment status. Ask for the SPA, the developer's statement of account and the transfer (NOC) requirements before agreeing terms.

Costs to Budget For

A Dubai resale normally attracts the Dubai Land Department transfer fee of 4% of the price, which on AED 5,100,000 is about AED 204,000, plus registration, developer NOC and agency charges. Who pays what is negotiable and should be fixed in the sale agreement.

Location and Connectivity

Dubai Islands sits off the Deira waterfront, giving access to Deira, the older districts of the city and Dubai International Airport by road. Exact drive times depend on traffic and final road links, so buyers should check the route personally.

Verification Notes

• Agent-supplied facts: project, community, property type, bedrooms, built-up area, original price, asking price and off-plan resale status (brief received 23 October 2026).
• DPF-calculated figures: saving amount, saving percentage and price per sq ft.
• External research: developer, project unit mix, amenities and expected completion, taken from published project information and subject to change.
• Not supplied: bathrooms, parking, floor or unit position, view, furnishing, paid amount and handover terms for this specific unit.