Semi-Furnished 3-Bedroom with Beach Access at Rixos Bay Residences, Dubai Island – Below Original Price

Property Overview

This semi-furnished 3-bedroom apartment at Rixos Bay Residences by Nakheel on Dubai Island is offered at AED 6,600,000. The agent states a built-up area of 2,231 sq ft and a total area of 4,517 sq ft. The price is AED 200,000 (2.9%) below the agent-stated original price of AED 6,800,000, with direct beach access and handover expected in Q2 2027.

Property Highlights

• Property type: Apartment
• Bedrooms: 3
• Built-up area: 2,231 sq ft (agent-stated)
• Total area: 4,517 sq ft (agent-stated)
• Asking price: AED 6,600,000
• Original price: AED 6,800,000 (agent-stated)
• Saving: AED 200,000, or 2.9% below original price (calculated)
• Price per sq ft of built-up area: approx. AED 2,958 (calculated)
• Price per sq ft of total area: approx. AED 1,461 (calculated)
• Furnishing: Semi-furnished (agent-stated)
• Direct beach access (agent-stated)
• Expected handover: Q2 2027 (agent-stated)
• Developer: Nakheel

Why the Price Qualifies as Below Original Price

The agent states the apartment's original price was AED 6,800,000 and the seller is now asking AED 6,600,000 as a distress sale. The difference is AED 200,000.

Calculation

• Saving: AED 6,800,000 − AED 6,600,000 = AED 200,000
• Percentage: 200,000 ÷ 6,800,000 × 100 = 2.9%
• Rate on built-up area: AED 6,600,000 ÷ 2,231 sq ft = approx. AED 2,958 per sq ft
• Rate on total area: AED 6,600,000 ÷ 4,517 sq ft = approx. AED 1,461 per sq ft

The original price comes from the agent's brief and should be confirmed against the seller's SPA. The agent describes the listing as exclusive; that is the agent's own claim. The comparison is with the seller's purchase price only, not with recent DLD transactions.

About the Project and Developer

Rixos Bay Residences is part of Nakheel's Rixos Dubai Islands hotel and residences development. Nakheel describes a landscaped beachfront community of 1- to 4-bedroom apartments, duplexes and villas with waterfront views and resort-style amenities, built by Sembol Construction under a contract awarded in 2024.

Dubai Island is Nakheel's waterfront master development of several islands with a long stretch of public and private beaches. Specific building amenities should be confirmed against Nakheel's sales documents.

Layout, Floor and View

The agent states the apartment has 2,231 sq ft of built-up area within 4,517 sq ft in total. The difference is likely outdoor space such as terraces or a garden, but this should be confirmed on the floor plan. The floor, view, bathroom count and parking were not supplied.

Payment Plan and Handover

The agent states handover is expected in Q2 2027. The payment schedule, amount already paid and balance due on handover were not supplied. Buyers should confirm the outstanding balance, Nakheel's transfer and NOC fees and the DLD transfer fee against the SPA and the developer's statement of account.

Location and Connectivity

Dubai Island sits off the Deira coast, linked to the mainland by bridges and close to Dubai International Airport and older Deira districts. Exact travel times should be checked during a viewing.

Verification Notes

• Agent-supplied facts: project, bedrooms, built-up and total area, original price, asking price, distress and exclusive description, semi-furnished, beach access and Q2 2027 handover.
• Calculated figures: saving amount, saving percentage and both price-per-sq-ft rates.
• External research: developer, project profile and contractor from Nakheel's press release; these are not unit-specific.
• Not supplied: floor, view, bathrooms, parking, payment schedule and amount paid.