4-Bedroom Penthouse in Seapoint Tower 1, Emaar Beachfront – AED 2M Below OP

Property Overview

This 4-bedroom off-plan penthouse in Seapoint Tower 1 by Emaar, Emaar Beachfront, Dubai, is offered at AED 24,000,000 for 4,462 sq ft of built-up area plus a 768 sq ft balcony. The asking price is AED 2,000,000 (7.7%) below the agent-stated original purchase price of AED 26,000,000, or about AED 5,379 per sq ft of built-up area. The unit is in the 03 series, with handover expected in 2028.

Property Highlights

• Property type: penthouse
• Bedrooms: 4
• Building: Seapoint Tower 1, Emaar Beachfront
• Developer: Emaar Properties
• Built-up area: 4,462 sq ft
• Balcony: 768 sq ft
• Asking price: AED 24,000,000
• Original purchase price (agent-stated): AED 26,000,000
• Discount to OP: AED 2,000,000 (7.7%)
• Price per sq ft (built-up area): approx. AED 5,379
• Unit series (agent-stated): 03
• Handover (agent-stated): 2028

Why the Price Qualifies as Below OP

DPF classifies this penthouse as Below OP because the asking price is lower than the original purchase price supplied in the agent brief received on 20 October 2026. AED 26,000,000 minus AED 24,000,000 gives a saving of AED 2,000,000, or 7.7% of the original price, matching the agent's stated AED 2 million discount.

Dividing the asking price by the 4,462 sq ft built-up area gives about AED 5,379 per sq ft, in line with the agent's stated AED 5,380. Including the 768 sq ft balcony, the rate on the combined 5,230 sq ft is about AED 4,589 per sq ft. The original price is agent-supplied and should be confirmed against the Sale and Purchase Agreement (SPA). The comparison does not claim the unit is below current market value.

About the Project, Developer and Community

Seapoint is a two-building residential project by Emaar Properties in Emaar Beachfront, the island community at Dubai Harbour. The project offers 1- to 4-bedroom apartments and larger penthouses with private terraces. Marketed amenities include concierge service, a gym, an infinity pool, a children's club, a residents' lounge, a restaurant and retail space.

Layout, Floor and View

The agent brief confirms a 4-bedroom penthouse in the 03 series with 4,462 sq ft of built-up area and a 768 sq ft balcony. The exact floor, view, bathroom count and parking were not supplied and are not stated here. Request the floor plan to confirm the layout and orientation of the 03 series.

Payment Plan and Handover

The agent states handover is expected in 2028. The payment plan, amount already paid and outstanding balance were not supplied. Buyers should confirm the payment position, handover date and Emaar's transfer requirements using the SPA and an Emaar statement of account.

Location and Connectivity

Emaar Beachfront sits at Dubai Harbour, between Dubai Marina and Palm Jumeirah, with its own beachfront. DPF does not quote travel times without a verified source.

Verification Notes

• Agent-supplied facts: building, penthouse type, 4 bedrooms, 4,462 sq ft built-up area, 768 sq ft balcony, asking and original prices, AED 2 million discount, 03 series, AED 5,380 per sq ft rate and 2028 handover.
• DPF-calculated figures: 7.7% discount, approximately AED 5,379 per sq ft on built-up area and AED 4,589 per sq ft including the balcony.
• External research: project facts from a broker development page; Emaar's own Seapoint page was not available.
• Not supplied: unit number, floor, view, bathrooms, parking, payment plan and amount paid.