Full Floor of 9 Apartments at Bayview by Address, 18.1% Below OP

Property Overview

This is an entire middle floor of nine apartments in Bayview by Address Resorts, Emaar Beachfront, offered at AED 45,000,000. The floor has a combined built-up area of 10,041 sq ft. The agent states an original purchase price of AED 54,934,992, so the asking price is AED 9,934,992 (18.1%) below OP. The seller reports 80% paid and wants a quick cash exit.

Property Highlights

• Asking price: AED 45,000,000
• Original purchase price: AED 54,934,992
• Below OP by: AED 9,934,992 (18.1%)
• Total built-up area: 10,041 sq ft
• Asking rate: about AED 4,482 per sq ft (OP rate about AED 5,471 per sq ft)
• Units: nine apartments on one full floor
• Floor: middle floor (agent-stated)
• Amount paid: 80% of OP (agent-stated)
• Handover: Q2 2027 (agent-stated, see verification notes)
• Developer: Emaar

Why the Price Qualifies as Below OP

The agent supplied an original purchase price of AED 54,934,992 and a selling price of AED 45,000,000. The difference is AED 9,934,992, or 18.1% of the OP. The agent's summary describes this as roughly AED 10 million below OP; the exact calculated figure is AED 9,934,992.

At 10,041 sq ft, the asking price works out to about AED 4,482 per sq ft against about AED 5,471 per sq ft at OP. These rates average the whole floor and do not reflect the size or position of individual apartments.

How the Payment Split May Work

With 80% of the OP paid, roughly AED 43,947,994 has been paid to the developer and about AED 10,986,998 would remain. If the AED 45,000,000 asking price is the total consideration including that balance, the buyer would pay the seller about AED 34,013,002 and take over the remaining instalments. This split is an illustration based on the agent's figures; confirm the exact paid amount, outstanding balance and transfer terms against the SPA and Emaar statement of account.

About Bayview by Address Resorts

Bayview by Address Resorts is an Emaar project in Emaar Beachfront, the developer's waterfront community beside Dubai Harbour. Published project information describes two towers with apartments and penthouses, Address-branded residences, and amenities such as infinity pools, children's facilities, gardens, barbecue areas and retail. Emaar Beachfront offers a private beach and marina-side setting between Dubai Marina and Palm Jumeirah.

Layout, Floor and View

The offer covers a complete floor of nine apartments on a middle floor of the tower. The agent did not supply the tower, floor number, bedroom mix, individual unit sizes or views. Buyers should request the floor plan and unit schedule to see how the 10,041 sq ft is divided.

Payment Plan and Handover

The agent states that 80% of the original price has been paid and gives handover as Q2 2027. Several published sources list Q3 2028 for this project, so the handover date for this specific tower should be confirmed with Emaar and the SPA before relying on it. The remaining payment schedule was not supplied.

Location and Connectivity

Emaar Beachfront sits on the coast next to Dubai Harbour, with road access from Sheikh Zayed Road and proximity to Dubai Marina, JBR and Palm Jumeirah. Exact travel times were not supplied.

Verification Notes

• Agent-supplied: price, OP, built-up area, nine-unit full floor, middle floor, 80% paid, quick-exit motive and Q2 2027 handover.
• Calculated by DPF: discount amount and percentage, rates per sq ft, and the illustrative payment split.
• External research: project structure and amenities from published project information; handover differs from the brief.
• Not supplied: tower, floor number, bedroom mix, unit sizes, views and remaining payment schedule.