Selling Below OP | Altus by Emaar | 2BR | 1,170 sqft | Dubai Creek Harbour | AED 2,340,000

Selling Below OP | Altus by Emaar | 2BR | 1,170 sqft | Dubai Creek Harbour | AED 2,340,000
Illustrative image — not the actual unit photograph

AED 2,340,000 was AED 2,800,000

Deal typeOff-Plan Distress
PriceAED 2,340,000
Original priceAED 2,800,000
SavingAED 460,000 (16.4%)
Bedrooms2
Size1170 sq.ft
TypeApartment
StatusOff-Plan / Under Construction
HandoverQ1 2029 (confirm with Emaar)
DeveloperEmaar Properties
Area / Master developmentCreek Beach
CommunityDubai Creek Harbour

Property overview

This is an off-plan resale in Altus by Emaar Properties at Dubai Creek Harbour. The verified source record describes a two-bedroom apartment of 1,170 sq.ft offered for AED 2,340,000. Its documented original purchase price was AED 2,800,000, creating a reduction of AED 460,000, or approximately 16.4% below the original price.

The selling price equals AED 2,000 per sq.ft. The listing is in Altus, a twin-tower Emaar development within the Creek Beach area of Dubai Creek Harbour. The source record places the development beside the community's central park, within walking distance of the planned metro connection and close to Creek Beach. The photographs shown are development imagery and should not be treated as photographs of the exact unit.

Property highlights

  • Project: Altus by Emaar Properties
  • Property: Two-bedroom apartment
  • Internal area: 1,170 sq.ft
  • Selling price: AED 2,340,000
  • Original price: AED 2,800,000
  • Documented saving: AED 460,000 (approximately 16.4%)
  • Price per sq.ft: AED 2,000 based on the current asking price
  • Status: Off-plan and under construction
  • Reference: DPF-ALTUS-2BR-1170-001

Price and discount

The original record identifies AED 2,800,000 as the purchase price and AED 2,340,000 as the present resale asking price. The difference is AED 460,000. Buyers should verify the original sale agreement, the amount already paid to the developer, any premium or waiver, and the current statement of account before transfer. The displayed saving compares the two prices only; it does not include registration, developer, agency, financing, or other transaction costs.

Payment plan and transfer

The source listing describes a 10/70/20 developer payment plan: 10% at booking, 70% during construction, and 20% at handover. A resale buyer normally assumes the remaining instalments, subject to Emaar's current assignment and no-objection requirements. The precise amount paid, next instalment date, transfer eligibility, NOC charges, and any seller obligations must be confirmed from the current developer statement before a commitment is made.

The source record gives Q1 2029 as the handover field. Construction schedules can change, so the current expected completion and handover date must be confirmed directly with Emaar. Mortgage availability for an off-plan resale also depends on the lender, construction progress, developer policy, and the buyer's profile.

Altus location

Altus is located in the Creek Beach district of Dubai Creek Harbour. The original listing describes the towers as adjacent to an 11,760 sqm central park, near Creek Beach, and approximately a four-minute walk from the planned metro station. It also identifies access to the wider Dubai Creek Harbour promenade and ferry network. Travel times and future transport openings are estimates and should be checked for the exact date of purchase.

Dubai Creek Harbour is an Emaar master development on Dubai Creek with waterfront promenades, residential towers, retail areas, parks, and leisure facilities. This listing's community and area fields are retained separately so buyers can browse both Dubai Creek Harbour and Creek Beach inventory without losing the property's original taxonomy.

Amenities

The original Altus development record lists a landscaped pool deck, fitness centre and gym, yoga and meditation room, children's play area, multipurpose room, wellness facilities, balconies, retail access, community park access, and nearby beach facilities. Amenities are development-level features; their final specification, access rules, service charges, and delivery timing remain subject to the developer's confirmed documents.

Unit details and verification

The exact tower, floor, unit number, view orientation, bathroom count, parking allocation, and unit-specific floor plan were not included in the recovered source record, so they have intentionally not been invented on this page. Those details, together with the signed sale agreement, payment receipts, current statement of account, transfer approval, floor plan, and seller authority, should be requested and verified before reservation.

The source marketing record described the purchase value as potentially meeting the UAE property-investment threshold for a long-term residence visa. Visa rules and eligibility can change and depend on the applicant and official approval; buyers should confirm current requirements with the relevant UAE authority or a qualified adviser rather than relying on the listing alone.

Frequently asked questions

How far below the original price is this Altus apartment?

The documented original price is AED 2,800,000 and the current asking price is AED 2,340,000. The difference is AED 460,000, approximately 16.4%. Buyers should verify the original purchase documents and current developer statement.

What is the apartment size and type?

The recovered source record identifies a two-bedroom apartment with an area of 1,170 sq.ft.

What is the payment plan?

The original listing describes a 10/70/20 plan: 10% booking, 70% during construction, and 20% at handover. The exact paid and outstanding amounts must be confirmed from Emaar's current statement.

When is Altus expected to hand over?

The recovered property field records Q1 2029. Buyers should confirm the current construction and handover schedule directly with Emaar before proceeding.

Which tower, floor, and view does this unit have?

Those unit-specific details were not present in the recovered source record and are available only after verification with the seller or developer. They have intentionally not been guessed on this page.

Are the photographs of the exact apartment?

No. The available images are illustrative development images for Altus and are not confirmed photographs of the exact resale unit.

What should be checked before reserving this resale?

Verify the signed sale agreement, seller authority, original price, amount paid, remaining instalments, developer statement, NOC or assignment requirements, floor plan, exact unit details, and all transfer costs.

Buyer costs

What you will pay

Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.

AED
Sale price
DLD transfer fee
NOC fee
Trustee / registration
Agency fee
VAT on agency (5%)

Total cost

Full payment schedule and unit details are released to qualified buyers on enquiry.

Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.

Finance

Mortgage estimate

Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.

AED
Down payment
Loan amount
Total interest
Total repaid

Monthly payment

Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.

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