Distress Deal | 1BR in Seaside by Prestige One | Dubai Islands | AED 146K Below OP

AED 1,560,000
| Deal type | Off-Plan Distress |
| Price | AED 1,560,000 |
| Bedrooms | 1 |
| Size | 840 sq.ft |
| Type | Apartment |
| Status | Near To Handover |
| Handover | Q4-2026 |
| Area / Master development | Dubai Islands |
| Sub-community / Phase | Damac Island |
| Community | Dubai Island |
Investment Summary:
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Property: 1-Bedroom Apartment + Seaside by Prestige One + Dubai Islands
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Pricing: AED 1,560,000 (Genuine Distress Liquidation)
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Original Price (OP): AED 1,706,000 (Save AED 146,000)
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Key Specs: 840 Sq Ft | High Floor | Semi-Furnished
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Highlight: Rare opportunity to acquire a waterfront asset below its 2024 launch price in a high-growth district.
Property Overview: Seaside by Prestige One
Located on the prestigious Dubai Islands, Seaside by Prestige One is designed for those seeking a premium coastal lifestyle. This 840 sq ft 1-bedroom residence offers a spacious layout with two bathrooms and a high-floor position that ensures superior views and natural light.
Dubai Islands is currently undergoing a massive transformation into a world-class tourism and residential hub. Securing a unit at AED 1,560,000—significantly below the developer's original asking price—allows the buyer to capture an immediate price gap in a market where waterfront values are consistently rising.
Technical Specifications & Financials
| Attribute | Details |
| Asking Price | AED 1,560,000 |
| Original Price (OP) | AED 1,706,000 |
| Instant Equity | AED 146,000 (Discount from OP) |
| Price Per Sq Ft | AED 1,857 |
| Total Area | 840 Sq Ft |
| Type | 1-Bedroom + 2 Bathrooms |
| Floor | High Floor |
| Furnishing | Semi-Furnished |
Why This Is a Distress Deal
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Negative Premium: In the current 2026 market, finding a unit in a prime waterfront project priced below its launch value is exceptionally rare.
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Dubai Islands Growth: As infrastructure on Dubai Islands nears completion, properties bought at this price point are projected to see 20-30% capital appreciation by handover.
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Below Market Avg: Comparable units in Dubai Islands are currently trading between AED 2,000 and AED 2,200 per sq ft. This unit is priced at AED 1,857/sq ft.
Call to Action (CTA)
Urgent Liquidation | Below Original Price. This unit is priced for an immediate exit. Contact us today to verify the payment plan and transfer details.
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WhatsApp / Call: +447435611720
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Reference Code: DL-BEH-APR20-DI-SEASIDE
Frequently Asked Questions (FAQs)
1. Why is this unit selling for AED 146,000 below the Original Price (OP)? The seller is undergoing an urgent liquidation due to personal capital requirements, necessitating a quick exit. This has created a "negative premium" opportunity, allowing a new buyer to acquire the unit at a significant discount compared to the 2024 launch price.
2. What is the current status of Dubai Islands as an investment destination? Dubai Islands (formerly Deira Islands) is a massive master-development by Nakheel. By 2026, it has become one of Dubai’s primary waterfront growth corridors. Investing here now—especially below original cost—positions you to benefit from the district's maturation into a world-class tourism and residential hub.
3. Does this apartment offer a view of the water? Seaside by Prestige One is strategically positioned to maximize coastal views. While specific views depend on the unit's orientation, being on a high floor significantly enhances the vista of the Arabian Gulf and the surrounding island landscape, increasing its rental desirability.
4. What is the payment plan status for this distress deal? The buyer will typically take over the existing construction-linked payment plan. This often allows for a lower initial cash outlay while benefiting from the AED 146k price reduction. Please contact us for the exact breakdown of the "Paid Amount" versus the "Remaining Balance."
5. How does the price per sq. ft. compare to the current market? At AED 1,857 per sq. ft., this unit is priced aggressively. Average market rates for premium 1-bedroom apartments on Dubai Islands currently range between AED 2,050 and AED 2,250 per sq. ft., giving the buyer an immediate equity cushion of approximately 10–15%.
Golden Visa eligibility, rental and yield figures, handover timing and transport connectivity described above reflect source information published as at 17 August 2026 and can change. Confirm current status before relying on them.
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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| 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.
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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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