High Floor Studio in Bayz 102 by Danube, Business Bay at 10.8% Below OP with Canal View

Property Overview

This studio apartment in Bayz 102 by Danube Properties, Business Bay, is available as a distress resale at AED 1,400,000. The unit has a built-up area of 404 sq ft on a high floor with canal views. The asking price represents a saving of AED 170,000 (10.8%) against the agent-stated original purchase price of AED 1,570,000. The seller has paid 38% of the payment plan. Handover is expected in Q2 2029.

Property Highlights

• Type: studio apartment (fully furnished)
• Built-up area: 404 sq ft
• Floor: high
• View: canal
• Asking price: AED 1,400,000
• Original price: AED 1,570,000
• Saving from OP: AED 170,000 (10.8%)
• Seller's total loss including DLD: approximately AED 232,800 (14.3%)
• Rate: approximately AED 3,465 per sq ft (BUA)
• Seller's payment progress: 38% paid
• Payment plan: 1% monthly (10/59/1/30)
• Handover: Q2 2029
• Status: off-plan resale (6% complete)
• Furnished: yes (Italian DOLCE VITA furniture)
• Ownership: freehold

Why the Price Qualifies as Below OP

The agent states the original purchase price for this unit was AED 1,570,000. The current asking price of AED 1,400,000 is AED 170,000 lower, a reduction of 10.8% from the original contract value.

Seller's Total Loss Including DLD

The seller paid a 4% DLD transfer fee on the original purchase, estimated at approximately AED 62,800. Adding this to the original price gives an all-in cost of approximately AED 1,632,800. The asking price of AED 1,400,000 represents a total seller loss of approximately AED 232,800, or 14.3% of their total investment.

Market Context

The asking price is at the lower end of current market levels for studios in Bayz 102:

• Average studio asking price: approximately AED 1,539,000
• Current studio listing range: AED 1,400,000 to AED 1,850,000
• Average studio DLD transaction price (12 months, 16 sales): approximately AED 1,631,000
• Studio launch price: from AED 1,380,000
• Asking price trend: down 6% over the past 6 months

This listing at AED 1,400,000 matches the floor of the current listing range, is AED 139,000 below the average asking price and AED 231,000 below the average DLD transaction price. It is slightly above the studio launch price of AED 1,380,000. The 6% decline in average asking prices over 6 months indicates some softening in the resale market, which may have contributed to the seller's decision to reduce.

High Floor with Canal View

The agent confirms this is a high-floor unit with canal view. Bayz 102 is a 102-level supertall tower in Business Bay alongside the Dubai Water Canal. A canal-facing orientation from a high floor provides a panoramic outlook over the waterway, the canal promenade and the Business Bay skyline, with views potentially extending to Downtown Dubai and the Burj Khalifa depending on the exact position.

Canal-view studios in Business Bay are sought after for both end-use and rental demand. The high-floor position maximises the view corridor and ensures the outlook is largely unobstructed by neighbouring buildings.

Payment Progress and Buyer Structure

The agent states the seller has paid 38% of the payment plan. Bayz 102 operates on Danube Properties' signature 1% monthly payment plan, structured as follows:

• 10% booking deposit
• 59% during construction at 1% per month
• 1% at handover
• 30% post-handover spread over 30 months

With 38% paid, the seller has covered the 10% booking deposit and approximately 28 months of 1% monthly construction instalments. The buyer taking over this unit would be responsible for the remaining 62% of payments, comprising the remaining construction instalments, the 1% handover payment and the full 30% post-handover plan.

The 1% monthly structure is a key feature of Danube developments, offering buyers a low monthly outlay rather than large milestone-linked payments. At the asking price of AED 1,400,000, 1% per month equals AED 14,000. The 30% post-handover portion (AED 420,000) is spread over 30 months at AED 14,000 per month, providing extended payment flexibility after taking possession.

Buyers should request the following before committing:

• The seller's full payment history and receipts from Danube Properties
• Danube's confirmation of the exact remaining instalment schedule and amounts
• Whether any NOC fees, assignment fees or service charges apply on top of the AED 1,400,000
• The seller's SPA to confirm the original purchase price of AED 1,570,000

Fully Furnished with Italian Interiors

All apartments in Bayz 102 are delivered fully furnished with premium Italian DOLCE VITA furniture as standard. The furnishing package includes fitted kitchen appliances, bathroom fixtures, bedroom and living area furniture, and balcony fittings. This is included in the purchase price, meaning the buyer receives a move-in-ready or rent-ready unit at handover without additional fit-out costs.

For investors, a fully furnished studio in Business Bay can be listed for short-term or long-term rental immediately upon handover, reducing vacancy time and eliminating furnishing expenditure.

About Bayz 102

Bayz 102 is a 102-level supertall residential tower by Danube Properties in Business Bay, Dubai. The development offers 956 apartments including studios, 1, 2, 3 and 4-bedroom units and penthouses. Studios come in two types: Type A (363 to 405 sq ft) and Type B (433 to 446 sq ft). At 404 sq ft, this unit falls within the Type A range.

The tower is one of two Bayz towers by Danube in Business Bay, alongside Bayz 101. The project features a distinctive supertall design with panoramic views across Business Bay, the Dubai Water Canal, Downtown Dubai and the coastline.

Amenities

Bayz 102 features over 40 amenities including an infinity pool with canal views, anti-current pool, aquatic gymnasium, indoor and outdoor fitness facilities, aqua spa, sky garden, sky golf, yoga deck, sky observatory park, cigar lounge, business centre, restaurant, basketball court, tennis court, padel court, children's play area, recreation zones, a helipad, covered parking, high-speed elevators and round-the-clock security.

Construction and Handover

Construction is approximately 6% complete. The agent states handover in Q2 2029. Bayut data shows Q4 2029, while Danube's official page indicates June 2029. The agent's Q2 2029 date aligns with the official June 2029 target. Given the early construction stage (6% complete), buyers should anticipate potential schedule adjustments and confirm the handover timeline directly with Danube Properties.

Location and Connectivity

Bayz 102 is situated in Business Bay, one of Dubai's central commercial and residential districts along the Dubai Water Canal. Downtown Dubai and the Burj Khalifa are approximately 5 minutes away. The Dubai Mall is approximately 10 minutes by road. Dubai International Airport is approximately 15 minutes away. The Business Bay Metro Station on the Red Line is within close proximity. Sheikh Zayed Road (E11) and Al Khail Road (E44) are both accessible within minutes.

Verification Notes

Unit-specific facts including studio configuration, built-up area of 404 sq ft, high-floor position, canal view, asking price, original purchase price, 38% payment progress and 1% monthly payment structure are sourced from the agent's brief received on 28 September 2026. The 404 sq ft BUA falls within the Type A studio range for Bayz 102 (363 to 405 sq ft per Bayut building data). Bayut data shows 10 studio listings ranging from AED 1,400,000 to AED 1,850,000, with an average of approximately AED 1,539,000. DLD data records 16 studio transactions in the past 12 months at an average of approximately AED 1,631,000. Studio asking prices have declined 6% over 6 months. The agent states handover in Q2 2029; Bayut shows Q4 2029; Danube's page shows June 2029. The Q2 2029 date has been used as it aligns with the developer's June 2029 target. Exact floor number, unit number, bathroom count and parking allocation were not stated in the brief and have been omitted. The original purchase price of AED 1,570,000 should be confirmed against the seller's SPA.