Marina-Front 3-Bedroom Townhouse in Cotier House 2, Dubai Island, 3.5% Below Original Price

Property Overview

This three-bedroom marina-front townhouse in Cotier House 2 by Imtiaz, Dubai Island, is offered at AED 5,380,853. The asking price is AED 195,161 below the agent-stated original purchase price of AED 5,576,014, a discount of 3.5%. The agent states 51.96% has been paid, with handover expected in April 2027. The unit size was not supplied.

Property Highlights

• Property type: 3-bedroom townhouse
• Building: Cotier House 2, Dubai Island
• Developer: Imtiaz Developments
• Asking price: AED 5,380,853
• Original purchase price (agent-stated): AED 5,576,014
• Discount to OP: AED 195,161 (3.5%)
• Amount paid (agent-stated): 51.96% of original price
• Position (agent-stated): marina-front
• Handover (agent-stated): April 2027

Why This Townhouse Qualifies as Below OP

DPF classifies this listing as Below OP because the asking price is lower than the original purchase price supplied in the agent brief. AED 5,576,014 minus AED 5,380,853 equals AED 195,161. Divided by the original price, that is a 3.5% reduction, matching the agent's stated figure.

The discount is modest. The benchmark is the seller's original purchase price as stated by the agent on 7 October 2026. It is not a comparison with current market value or recent DLD transactions, so this page does not claim the townhouse is priced below market.

About Cotier House 2, Imtiaz and Dubai Island

Cotier House 2 is a residential project by Imtiaz Developments on Dubai Island. Project information lists one- to four-bedroom apartments, three-bedroom townhouses, three-bedroom penthouses and four-bedroom duplexes, with amenities including several swimming pools with a rooftop infinity pool, a fitness centre, sauna, steam room, clubhouse, barbecue areas, a children's playground and landscaped gardens.

Dubai Island is Nakheel's waterfront island destination off the Deira coast, planned around beaches, marinas, hotels and residential communities.

Layout and Position

The agent describes the unit as a three-bedroom townhouse in a marina-front position. The built-up area, number of levels, bathroom count, outdoor space and parking were not supplied, so DPF has not calculated a price per square foot. Buyers should confirm the size and layout from the SPA and floor plan.

Payment Plan and Handover

The agent states that 51.96% of the original price has been paid. If that percentage applies to the AED 5,576,014 original price, about AED 2,897,297 has been paid to the developer and about AED 2,678,717 remains. Project information shows a launch plan of 20% on booking, 40% during construction and 40% on handover, so the remaining balance likely covers outstanding construction instalments and the handover payment. The buyer typically reimburses the seller's paid portion, adjusted for the discount, and takes over the remaining balance. That split was not supplied, so buyers should confirm the exact amounts on Imtiaz's statement of account.

The agent gives handover as April 2027, in line with the Q2 2027 date shown in project information. Buyers should confirm the current date with the developer.

Location and Connectivity

Dubai Island lies off the Deira waterfront and connects to the mainland by road bridges towards Deira and the Al Khaleej Road corridor. Travel times depend on route and traffic, so buyers should check commutes to their own key destinations.

Verification Notes

• Agent-supplied facts: property type, bedrooms, original purchase price, asking price, 51.96% paid, marina-front position and April 2027 handover.
• DPF-calculated figures: discount amount, discount percentage, and the estimated paid and outstanding amounts (assuming 51.96% of the original price).
• External project research: developer, unit mix, amenities, launch payment plan and expected handover, drawn from project listings and not from Imtiaz directly.
• Not supplied: unit size, levels, bathrooms, parking, who pays the penalty and NOC, and the exact payment split. These must be verified before purchase.