Full Floor of 10 Apartments in Bayview by Address Tower 1, Emaar Beachfront, AED 9.9 Million Below Original Price

Property Overview

A full floor of 10 apartments in Tower 1 of Bayview by Address Resorts, Emaar Beachfront, Dubai. The total built-up area across all 10 units is 10,041 square feet. The asking price is AED 45,000,000, which is AED 9,934,992 below the agent-stated original purchase price of AED 54,934,992 (excluding DLD), a reduction of 18.1%. This is an off-plan resale with handover projected for July 2028. The sale is for the full floor only and units will not be sold individually. Cash buyers only.

Property Highlights

• Offering: full floor of 10 apartments in Tower 1
• Floor position: good middle floor
• Total built-up area: 10,041 sq ft (average 1,004 sq ft per unit)
• Asking price: AED 45,000,000 (average AED 4,500,000 per unit)
• Price per square foot: AED 4,482
• Original purchase price: AED 54,934,992 (excluding DLD)
• Saving: AED 9,934,992 (18.1%)
• Conditions: cash buyers only, no mortgage, full floor sale only
• Status: off-plan (handover July 2028)

Why the Price Qualifies as Below Original Price

The selling agent has stated an original purchase price of AED 54,934,992 (excluding DLD) for the full floor of 10 apartments. The current asking price of AED 45,000,000 is AED 9,934,992 lower, a reduction of 18.1%. The agent's brief describes this as approximately 19%; DistressPropertyFinder.com has recalculated the exact figure as 18.1% based on the numbers provided.

The agent describes the seller as a genuine seller requiring a quick cash exit. The original purchase price is stated as excluding DLD, meaning the seller's total cost basis including the 4% DLD transfer fee would have been higher (approximately AED 57,132,392). The asking price of AED 45,000,000 therefore represents an even deeper loss against the seller's all-in cost.

Given the scale of this transaction at AED 45,000,000, buyers should engage legal counsel and conduct thorough due diligence. Key items to verify include: the individual SPAs for all 10 units, proof of the original purchase amount, the outstanding payment schedule with Emaar, any NOC requirements for the transfer of 10 units, and the current construction status of Tower 1.

Full Floor Structure

This listing comprises an entire floor of 10 apartments in Tower 1 of Bayview by Address Resorts. The total area of 10,041 square feet across 10 units gives an average of approximately 1,004 square feet per apartment. The per-unit bedroom configuration has not been specified by the agent. Bayview offers one- to four-bedroom apartments; at approximately 1,004 square feet average, the units are likely in the one- to two-bedroom range, but buyers should confirm the exact layout from the floor plan.

The agent describes this as a good middle floor. A full-floor acquisition in a branded Address residence offers potential advantages including control over the entire floor's rental strategy, the ability to negotiate bulk management terms with Address hospitality, and the option to combine or reconfigure units subject to developer and regulatory approval.

Cash Only and Quick Exit

The agent specifies this as a cash-only transaction with no mortgage. The seller is described as genuine and requiring a quick exit. Full-floor bulk purchases of this scale are uncommon in the Dubai resale market and the cash-only requirement limits the buyer pool to high-net-worth individuals or institutional investors. The AED 45,000,000 final price is stated as non-negotiable.

About Bayview by Address Resorts

Bayview by Address Resorts is a two-tower residential development at Emaar Beachfront, Dubai Harbour, developed by Emaar Properties under its Address Hotels and Resorts hospitality brand. The towers share a 9-storey common podium and feature the largest pool deck on Emaar Beachfront. All residences are Address-branded and delivered fully furnished to hotel-grade specifications. The project offers one- to four-bedroom apartments and four- and six-bedroom penthouses with views of the Arabian Gulf, Palm Jumeirah, Dubai Marina and Ain Dubai.

Emaar's published payment plan for Bayview at launch was 10% booking, 80% during construction and 10% on handover. Since this is a resale of 10 units, the remaining payment obligations will depend on what the original buyer has already paid. Buyers should obtain a consolidated payment schedule from Emaar covering all 10 units.

About Emaar Beachfront

Emaar Beachfront is a 10.4-million-square-foot man-made island between Dubai Marina and Palm Jumeirah, master-developed by Emaar Properties as a private-beach, high-rise residential community. The defining feature is private beach access across a 2-kilometre shoreline, a rarity in Dubai's apartment market that commands a consistent 20 to 30% premium over comparable non-beach Emaar developments. Emaar Beachfront is part of the wider Dubai Harbour maritime district, which includes the Dubai Cruise Terminal (capacity 2.5 million passengers per year), the GCC's largest marina with 1,100 berths operated by D-Marin, and the planned Dubai Lighthouse, a 135-metre architectural landmark with an observation deck.

Verification Notes

The asking price, original purchase price (excluding DLD), total built-up area, Tower 1 designation, middle-floor position, 10-unit count, full-floor-only condition, cash-only requirement and July 2028 handover date are sourced from the agent brief received on 26 August 2026. The agent's stated discount of approximately 19% has been recalculated by DistressPropertyFinder.com as 18.1% based on the exact figures. The savings amount (AED 9,934,992) is calculated by DPF. The per-unit bedroom configuration was not specified. The original purchase price has not been independently verified against the individual SPAs or Oqood registrations for the 10 units. Given the scale (AED 45,000,000), buyers should engage legal counsel, verify ownership of all 10 units, confirm the outstanding payment schedule, understand the NOC process for a bulk transfer and inspect the construction progress before proceeding.