Nautica Two 2-Bedroom 18.1% Below OP, Sea View, Maritime City

Property Overview

This 1,032 sq ft two-bedroom apartment at Nautica Two by Select Group, Dubai Maritime City, is offered as an off-plan resale at AED 2,385,000, against an agent-stated original purchase price of AED 2,912,000. The asking price is AED 527,000 (18.1%) below the original price. The agent describes a floor between the 40th and 48th levels with sea and marina views, and handover in Q4 2026.

Property Highlights

• Property type: 2-bedroom apartment (off-plan resale)
• Building: Nautica Two, Dubai Maritime City
• Built-up area: 1,032 sq ft
• Floor: Between the 40th and 48th floors (agent-stated range)
• View: Sea and marina (agent-stated)
• Handover: Q4 2026 (agent-stated)
• Asking price: AED 2,385,000
• Previous asking price: AED 2,485,000 (agent-stated)
• Original purchase price (agent-stated): AED 2,912,000
• Saving versus original price: AED 527,000 (18.1%)
• Price per sq ft: approximately AED 2,311

Why the Price Qualifies as Below OP

The agent brief states an original purchase price of AED 2,912,000 and a selling price of AED 2,385,000. The difference is AED 527,000, or 18.1% below the original price. Dividing the asking price by 1,032 sq ft gives approximately AED 2,311 per sq ft.

The agent describes the discount as 18.1% below OP plus DLD. DPF's calculation shows that 18.1% is the discount against the original price alone. Adding the 4% DLD fee gives a total seller cost of about AED 3,028,480, and the asking price is roughly 21.2% below that figure. This listing uses the more conservative original-price comparison. The agent also reports the asking price was recently reduced from AED 2,485,000.

The benchmark is the seller's original purchase price as supplied in the agent brief received on 13 October 2026, not a DLD transaction record or independent valuation. Buyers should confirm the original price, amount paid and outstanding balance against the Sales and Purchase Agreement (SPA) and the developer's statement of account.

About the Building and Community

Nautica Two is a residential tower by Select Group in Dubai Maritime City. Building amenities were not supplied with this brief and should be confirmed with the developer.

Layout, Floor and View

The agent describes this unit as a 1,032 sq ft two-bedroom apartment on a floor between the 40th and 48th levels, with sea and marina views. The exact floor, bathroom count, balcony and parking were not supplied and should be confirmed from the SPA and the official floor plan.

Payment Plan and Handover

The agent states handover is expected in Q4 2026. With handover close, a significant balance may fall due at or near completion. The payment plan, amount already paid and remaining balance were not supplied. Confirm these, along with any Select Group transfer or NOC fees, against the SPA and the developer's statement of account.

Location and Connectivity

Dubai Maritime City is a waterfront district in Dubai. Specific travel times to nearby destinations have not been verified for this listing.

Verification Notes

• Unit facts (type, building, size, floor range, view, handover, price history, original and asking price) come from the agent brief received on 13 October 2026.
• The saving, percentages, OP-plus-DLD total and price per sq ft are DPF calculations based on those supplied figures, using the standard 4% DLD fee.
• No payment plan, photographs or documents were supplied with this brief.