1-Bedroom Apartment for Sale in DAMAC Maison Prive, Tower B, Business Bay – Below OP Distress Deal

1-Bedroom Apartment DAMAC Maison Prive - Tower B Business Bay — Apartment For Sale In Tower Distress Deal
1-Bedroom Apartment DAMAC Maison Prive - Tower B Business Bay. Apartment For Sale In Tower Distress Deal.

AED 1,050,000 was AED 1,085,000

Deal typeBelow OP
PriceAED 1,050,000
Original priceAED 1,085,000
SavingAED 35,000 (3.2%)
Bedrooms1
Size400 sq.ft
TypeApartment
StatusReady
DeveloperDAMAC Properties
Area / Master developmentBusiness Bay
Sub-community / PhaseDAMAC Maison Prive - Tower B
CommunityBusiness Bay

Property Overview

This fully furnished 1-bedroom apartment with a canal view in DAMAC Maison Prive, Tower B, Business Bay, is offered at AED 1,050,000 as a below-original-purchase-price distress resale. The unit is stated at 400 sqft and is priced 3.2% under the seller's stated original purchase price of AED 1,085,000 (inclusive of DLD), with vacancy expected by October 2026.

Property Highlights

  • 1-bedroom apartment, 400 sqft
  • Canal view
  • Fully furnished
  • Vacant by October 2026
  • Located in DAMAC Maison Prive, Tower B, Business Bay
  • Developer: DAMAC Properties
  • Priced 3.2% below the seller's original purchase price

Why the Price Qualifies as a Below OP Deal

The seller's agent states an original purchase price of AED 1,085,000 for this unit, noted as inclusive of DLD fees. At the current asking price of AED 1,050,000, the savings amount to AED 35,000, or 3.2% below that original price. This benchmark has not been cross-checked against an independent DLD transaction record, so buyers should request the seller's original SPA for confirmation.

About the Project, Developer and Community

DAMAC Maison Prive is a twin-tower, hotel-style serviced apartment complex by DAMAC Properties in Business Bay, completed in September 2019, offering fully furnished studio, 1- and 2-bedroom apartments along the Dubai Canal. Amenities include a swimming pool, gym, spa, sauna and steam rooms, with proximity to Downtown Dubai, Dubai Mall and Burj Khalifa.

Layout, Floor and View

The unit has a canal view, as stated by the listing agent. The agent brief states this is a 400 sqft 1-bedroom unit; this is notably smaller than the roughly 795-1,033 sqft typically cited for 1-bedroom units in this building, and closer to the project's studio size range. No specific floor number or bathroom count was supplied in the brief, so these details are not listed here and should be confirmed directly with the agent.

Payment Plan and Handover

This is a ready property. The agent brief states the unit will be vacant by October 2026, implying a current tenancy. No payment plan was supplied; buyers should confirm current purchase and transfer terms, along with the tenancy end date, directly with the agent.

Location and Connectivity

DAMAC Maison Prive sits along the Dubai Canal in Business Bay, close to Downtown Dubai, Dubai Mall and Burj Khalifa. Exact distances or commute times to specific landmarks were not supplied and are not stated here to avoid invented figures.

Verification Notes

Unit-specific facts — price, original purchase price, size, view, furnishing and vacancy timing — are as stated in the agent's brief and have not been independently verified by DPF. The savings amount and percentage below are independently recalculated by DPF from the agent-supplied figures and match the agent's implied 3.2% discount. The stated 400 sqft size is notably smaller than this project's typical 1-bedroom range and closer to its studio range; this has been flagged rather than silently accepted or corrected. Project-level facts about DAMAC Maison Prive, its developer and Business Bay are drawn from DAMAC Properties' official project materials. This listing remains a draft pending DPF review and agent document verification before publication.

Frequently asked questions

What is the asking price for this DAMAC Maison Prive apartment?

The seller is asking AED 1,050,000 for this fully furnished 1-bedroom apartment in DAMAC Maison Prive, Tower B, Business Bay.

How much below the original purchase price is this deal?

The asking price is AED 35,000 (3.2%) below the seller's stated original purchase price of AED 1,085,000, which the agent notes is inclusive of DLD fees.

What is the size and price per square foot?

The agent brief states the unit at 400 sqft, working out to approximately AED 2,625 per square foot at the current asking price. This size is notably smaller than the typical 795-1,033 sqft cited for 1-bedroom units in this project, closer to the building's studio range, so it should be confirmed with the agent.

Is the apartment furnished?

Yes, DAMAC Maison Prive apartments are sold fully furnished, consistent with the agent brief.

When will the unit be vacant?

The agent brief states the unit will be vacant by October 2026, implying it is currently tenanted.

Which project and community is this apartment in?

The unit is in Tower B of DAMAC Maison Prive, a twin-tower waterfront development by DAMAC Properties in Business Bay.

How is the below-OP claim verified?

The original purchase price and resale terms are as stated by the listing agent. DPF has not independently verified the seller's original SPA document; buyers should request supporting paperwork before proceeding.

Buyer costs

What you will pay

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

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

Total cost

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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

Indicative monthly repayment on a UAE bank mortgage.

AED
Down payment—
Loan amount—
Total interest—
Total repaid—

Monthly payment

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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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