Property Overview
This is an off-plan four-bedroom penthouse at Seapoint by Emaar Properties in Emaar Beachfront, Dubai Harbour. Measuring 4,462 sq ft across a multi-level design with multiple private terraces, it is offered at AED 24,000,000 — AED 2,000,000 below the seller's stated original purchase price of AED 26,000,000, a discount of about 7.7%, at an indicative AED 5,379 per sq ft. Handover is scheduled for 2028 (Q2 2028).
Property Highlights
- Off-plan four-bedroom penthouse at Seapoint, Emaar Beachfront
- 4,462 sq ft with multiple private terraces and a show kitchen
- Priced AED 2,000,000 (about 7.7%) below the stated original purchase price
- Twin-tower waterfront development with 1.5 km of private beach
- Asking price of AED 24,000,000 (approximately AED 5,379 per sq ft); handover 2028
Why the Price Qualifies as Below OP
The seller states the penthouse was originally purchased for AED 26,000,000. Against the current asking price of AED 24,000,000, this represents:
- Savings amount: AED 2,000,000
- Savings versus original price: about 7.7%
- Indicative rate: approximately AED 5,379 per sq ft, based on the 4,462 sq ft size
The original purchase price is seller-stated and matches Seapoint's four-bedroom penthouse launch pricing (penthouses from around AED 26.2M in Tower 1), so it is credible; the asking price sits below the launch price, supporting the distress positioning. Buyers should confirm the exact figure against the signed SPA and Dubai Land Department records. The original purchase date was not supplied.
About Seapoint, Emaar Beachfront and Emaar
Seapoint is an off-plan, ultra-luxury twin-tower development by Emaar Properties in Emaar Beachfront, a gated island community on Dubai Harbour between Palm Jumeirah and Bluewaters Island. Comprising Tower 1 (57 floors) and Tower 2 (42 floors), it offers one to four-bedroom apartments and a limited collection of four and six-bedroom penthouses (and five and six-bedroom penthouses in Tower 2), plus half-floors, sizes from about 572 to 11,738 sq ft, delivered unfurnished. The four-bedroom penthouses feature en-suite bedrooms, a master suite with a walk-in closet and private terrace, a family room, a show kitchen and multiple private outdoor terraces. Amenities include the largest swimming pool in Emaar Beachfront (131 ft), an infinity pool and children's pool, a 32,000+ sq ft podium roof garden, a gym, a waterfront urban plaza with retail and F&B, BBQ pods, children's play areas and direct access to 1.5 km of private white-sand beach, with covered parking and 24/7 security. Handover is scheduled for Q2 2028 (April 2028).
Layout and View
The brief describes a four-bedroom penthouse of 4,462 sq ft. All Seapoint residences enjoy sea, Palm Jumeirah and Dubai Marina views; the specific tower, floor, view, bathroom count, parking and furnishing for this unit were not supplied and should be confirmed. To keep this listing accurate, no unit-specific details beyond those supplied and standard project features have been added.
Payment Plan and Handover
This is an off-plan resale, so the buyer takes over the seller's position subject to Emaar's transfer process and the signed SPA. The project was offered on a 90/10 plan (10% booking, 80% during construction, 10% on handover); the amount paid to date, outstanding balance, transfer fees and exact handover for this unit should be confirmed. Handover is scheduled for Q2 2028.
Location and Connectivity
Emaar Beachfront is a gated waterfront community at Dubai Harbour with private beaches and a marina, between Palm Jumeirah and Bluewaters Island, connected via Sheikh Zayed Road. Specific drive times were not supplied and are not stated here to avoid unverified claims; buyers should confirm distances to their own key destinations.
Verification Notes
- Agent-supplied facts: four-bedroom penthouse, 4,462 sq ft, off-plan, AED 24,000,000 asking price, an AED 26,000,000 original purchase price and a 2028 handover.
- Calculated by DPF: savings of AED 2,000,000 (about 7.7%) and an indicative AED 5,379 per sq ft; consistent with the agent's stated 7.7% below OP.
- Anomaly check: the OP matches the 4-bedroom penthouse launch price (~AED 26.2M), and the asking is below launch, so the discount is credible; confirm the OP against the SPA/DLD.
- Researched project facts: developer (Emaar Properties), Seapoint twin towers, 4-bedroom penthouse features, amenities and Q2 2028 handover were taken from Emaar/market sources; residences are unfurnished.
- The agent's "Distress Deal | 7.7% Below OP | 4BR Penthouse | Emaar Beachfront" statement is preserved as an attributed agent marketing claim; DPF confirms about 7.7% below OP.