Full Floor of 9 Apartments at Address Bayview, Emaar Beachfront – 15% Below Original Price

Property Overview

This full floor of nine apartments on level 30 or above at Bayview by Address Resorts in Emaar Beachfront is offered as one package at AED 47,740,000 for 10,039 sq ft. That is AED 8,429,992 (15.0%) below the agent-stated original price of AED 56,169,992, at about AED 4,755 per sq ft. The floor comprises four 1-bedroom, four 2-bedroom and one 3-bedroom apartment.

Property Highlights

• Property type: Full floor of apartments (bulk sale)
• Units: 9 apartments (4 × 1-bedroom, 4 × 2-bedroom, 1 × 3-bedroom) (agent-stated)
• Total size: 10,039 sq ft (agent-stated)
• Asking price: AED 47,740,000
• Original price: AED 56,169,992 (agent-stated)
• Saving: AED 8,429,992, or 15.0% below original price (calculated)
• Price per sq ft: approx. AED 4,755 (calculated)
• Floor: 30 or above (agent-stated)
• Payable to the owner now: AED 25,280,000 (agent-stated)
• Developer: Emaar Properties

Why the Price Qualifies as Below Original Price

The agent states the floor's combined original price was AED 56,169,992 and the seller is now asking AED 47,740,000, describing it as a 15% distress discount. DPF's calculation confirms the figure.

Calculation

• Saving: AED 56,169,992 − AED 47,740,000 = AED 8,429,992
• Percentage: 8,429,992 ÷ 56,169,992 × 100 = 15.0%
• Rate: AED 47,740,000 ÷ 10,039 sq ft = approx. AED 4,755 per sq ft

The original price comes from the agent's brief and should be confirmed against the nine individual SPAs. The comparison is with the seller's purchase price only, not with recent DLD transactions.

About the Project and Developer

Bayview by Address Resorts is an Emaar Properties branded residential development in Emaar Beachfront. Published project information describes two towers with around 356 residences, ranging from 1- to 3-bedroom apartments to large penthouses, with private balconies, and expected handover in Q3 2028.

Listed amenities include an infinity pool and pool deck, a children's pool and playgrounds, lawns and gardens, barbecue areas, boutiques and a café. Final specifications should be confirmed against Emaar's sales documents.

Layout, Floor and View

The agent describes a complete floor on level 30 or above, made up of nine apartments: four 1-bedroom, four 2-bedroom and one 3-bedroom unit, totalling 10,039 sq ft. The tower, exact floor, individual unit sizes, views and parking allocation were not supplied. Buyers should request the floor plate and a unit-by-unit schedule before making an offer.

Payment Plan and Handover

The agent states that AED 25,280,000 is payable to the owner now. If that represents the seller's equity, the remaining AED 22,460,000 of the asking price would be the balance still due to Emaar, but this interpretation must be confirmed. The agent did not state a handover date; published project information shows Q3 2028. Buyers should confirm the amount paid on each unit, the outstanding developer balance, the handover timeline, Emaar's transfer and NOC fees and the DLD transfer fee for all nine units.

Location and Connectivity

Emaar Beachfront is a waterfront community between Dubai Marina and Palm Jumeirah, with a private beach, marina views and access to Sheikh Zayed Road. Exact travel times should be checked during a viewing.

Verification Notes

• Agent-supplied facts: project, full-floor sale, floor 30+, unit mix, total size, original price, asking price, 15% discount and amount payable to the owner.
• Calculated figures: saving amount, saving percentage, price per sq ft and the indicative developer balance.
• External research: developer, towers, residence count, amenities and handover timeline from published project information; these are not unit-specific.
• Not supplied: tower, exact floor, individual unit sizes, views, parking and handover date for these units.