Property Overview
A 4-bedroom plus maid apartment in Address Bayview Tower 1 by Emaar Properties, located in Emaar Beachfront at Dubai Harbour. The asking price is AED 13,300,000 for 2,463 sqft, equalling AED 5,400 per sqft. The original purchase price was AED 16,484,000, placing this unit at a 19.3% discount with a saving of AED 3,184,000. This is a corner unit with full palm and sea views.
Property Highlights
- Type: 4-bedroom + maid apartment
- Size: 2,463 sqft
- Asking price: AED 13,300,000
- Original price: AED 16,484,000
- Saving: AED 3,184,000 (19.3%)
- Rate: AED 5,400 per sqft
- Configuration: Corner unit
- Views: Full palm and sea
- Handover: 2028
Why the Price Qualifies as Below OP
The agent states the original purchase price was AED 16,484,000. The asking price of AED 13,300,000 represents a saving of AED 3,184,000, equal to 19.3% off the original price. Calculation: 3,184,000 divided by 16,484,000 equals 19.32%, rounded to 19.3%. This matches the agent-stated discount of 19.3%.
DLD Context
The only DLD-recorded 4BR transaction for Bayview Tower 1 shows AED 21,000,000 for a 5,420 sqft unit registered in June 2026. That unit is more than double the size of this 2,463 sqft apartment and likely represents a different layout or penthouse configuration. A direct price comparison is therefore not meaningful for this unit.
About Address Bayview Tower 1
Address Bayview Tower 1 is part of the Bayview project by Emaar Properties, located in Emaar Beachfront at Dubai Harbour. The development comprises two residential towers and launched sales in October 2023. The project offers apartments ranging from 1 to 4 bedrooms plus maid configurations, with the 4BR layout at 2,463 sqft matching Property Finder records exactly.
The developer payment plan follows a 10/80/10 structure with 10% on booking, 80% during construction and 10% on handover. Handover is expected in 2028, with Property Finder indicating Q3 2028 (July 2028). The project is freehold.
Amenities and Facilities
Address Bayview Tower 1 features an infinity pool, private beach access, fitness centre, dedicated concierge service and prayer room. As an Address-branded development, the project carries the hospitality standards associated with the Emaar Hospitality Group.
Location and Connectivity
Emaar Beachfront is positioned at Dubai Harbour between Palm Jumeirah and Jumeirah Beach Residence (JBR). The location offers direct beach access and proximity to Dubai Marina, Ain Dubai and the cruise terminal at Dubai Harbour. The area provides connectivity to Sheikh Zayed Road and key business districts.
Views and Unit Position
The agent describes this as a corner unit with full palm and sea views. Corner units in beachfront towers typically offer dual-aspect exposure, in this case toward the Palm Jumeirah and the Arabian Gulf. Buyers should verify the exact floor level and orientation during inspection.
Verification Notes
The asking price, original price, size, corner position, full palm and sea view, maid room and 2028 handover are from the agent brief. The 19.3% discount and AED 3,184,000 saving are calculated figures matching the agent-stated percentage. The 2,463 sqft size matches Property Finder records for the 4BR layout. The sole DLD 4BR transaction at AED 21,000,000 for 5,420 sqft is not directly comparable due to the significant size difference. Buyers should verify the original price through the SPA and confirm the remaining payment obligations.