EXECUTIVE SUMMARY
Project Overview
This opportunity involves a distressed sale of a 1-bedroom unit at the Address Beachgate. The asking price stands at AED 2,800,000.
Price per Sq. Ft.
Price per sq. ft.: AED 3528.30
Investment Analysis
Acquiring a unit in a 'distress deal' may present potential capital appreciation opportunities upon market normalization. Furthermore, the current asking price reflects a discount of approximately 9.7% from the original price.
Considerations
Investors should analyze rental yield and compare against prevailing market conditions to optimize investment return potential.
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PAYMENT PLAN
UNIT PRICE | AED 2,800,000 |
PAYMENTS ON TRANSFER
1. Payment to seller | AED 1,905,427 |
2. DLD Transfer fee 4% + 40 AED | AED 112,040 |
3. DLD Registration Trustee fee + 5% VAT | AED 5,250 |
4. Buyer's agent commission 2% + 5% VAT | AED 58,800 |
PAYMENT PLAN SCHEDULE
15-MAR-2026 | AED 298,196 |
31-DEC-2026 | AED 596,377 |
SUMMARY
Total on Transfer | AED 2,081,517 |
Total remaining Payment Plan | AED 894,573 |
TOTAL COST FOR BUYER | AED 2,976,090 |
PROJECT DESCRIPTION
Overview
Beachgate by Address is a residential skyscraper currently under development within the Emaar Beachfront master community in Dubai Harbour, positioned between Palm Jumeirah and Dubai Marina on the Persian Gulf coastline. The project forms part of the wider Dubai Harbour waterfront district, an area dedicated to residential, hospitality and maritime activities. The tower rises to approximately 45 storeys with an additional basement level allocated for parking and building services infrastructure. The development is being delivered by Emaar Properties through its development subsidiary Emaar Development, with architectural consultancy provided by Mirage Leisure and Development and main construction works undertaken by Al Sahel Contracting. Construction commenced during November 2022 and the anticipated completion date is scheduled for December 2026. According to filings associated with the Dubai Land Department, the development has an estimated project value of approximately AED 365382000.
The tower forms part of the broader Emaar Beachfront residential island, a master planned enclave consisting of multiple residential towers arranged along landscaped promenades and beachfront walkways. Properties within the building include a mix of one, two, three and four bedroom apartments together with penthouses and duplex style residences. The podium levels accommodate shared residential facilities and limited retail units serving residents and visitors along the promenade level.
Location
Beachgate by Address is located within Emaar Beachfront, a gated coastal community positioned in Dubai Harbour along King Salman bin Abdulaziz Al Saud Street. The area sits between the Palm Jumeirah trunk and the Dubai Marina district. This location provides direct proximity to major residential communities including Dubai Media City, Dubai Internet City, Jumeirah Beach Residence and The Greens. The tower occupies a prominent position along the eastern promenade of the Emaar Beachfront island, placing it within walking distance of community parks and a private beach reserved for residents of the development.
Emaar Beachfront itself forms part of the larger Dubai Harbour waterfront zone. Dubai Harbour is a maritime oriented district featuring cruise terminal facilities, marina berths and hospitality developments. Residential towers within Emaar Beachfront are arranged along two main beachfront strips surrounding the island, with pedestrian promenades linking parks, retail areas and beach facilities.
Building characteristics
The structure rises 45 storeys above ground with a single basement level. The basement is used primarily for resident parking and service space. Higher levels accommodate residential apartments while the podium contains shared amenities and operational areas. Planned amenities include a swimming pool, childrens pool, fully equipped gymnasium and a multipurpose room. Retail units positioned on the lower floors allow for services intended to support the resident population along the promenade edge.
Residential interiors are designed as open plan living environments with large window openings intended to maximise natural light and maintain views toward the waterfront and surrounding Dubai skyline. Many units face toward the Arabian Gulf or across Dubai Harbour toward Palm Jumeirah. As with other towers in the community, residents are expected to have access to approximately 1.5 kilometres of private beachfront running along the seaward boundary of Emaar Beachfront.
Brand association
The development has been created in collaboration with Address Hotels and Resorts, the luxury hospitality brand associated with Emaar Hospitality Group. Address branded residences represent a format used within several mixed use developments in Dubai where residential properties are marketed alongside hotel services and a hospitality inspired management approach. The collaboration with the Address brand influences interior concept design, amenity planning and building services that align with similar branded residential developments in the Dubai real estate market.
Transport and connectivity
The development benefits from direct access to King Salman bin Abdulaziz Al Saud Street which links Dubai Marina to Palm Jumeirah and provides onward connections to Sheikh Zayed Road, the primary highway running through Dubai. Typical driving times from the building are approximately twenty four minutes to Dubai Mall in Downtown Dubai, fourteen minutes to Palm Jumeirah destinations, nineteen minutes to Burj Al Arab in Umm Suqeim and roughly eleven minutes to The Walk at Jumeirah Beach Residence.
Dubai International Airport is approximately thirty two minutes by road depending on traffic conditions. Al Maktoum International Airport in Dubai South is located roughly thirty eight minutes from the site. Public transport connectivity in the surrounding districts is supported by Dubai Tram and Dubai Metro stations in the adjacent Dubai Marina and Dubai Internet City areas.
Nearby infrastructure
The surrounding districts provide a wide range of urban infrastructure. Retail facilities are primarily located within nearby Dubai Marina Mall and Nakheel Mall on Palm Jumeirah. The Marina Walk promenade and The Beach at Jumeirah Beach Residence provide additional restaurants, leisure outlets and entertainment venues. Leisure attractions within close proximity include Skydive Dubai, the observation deck known as The View at The Palm and multiple beachfront club venues operating along Palm West Beach.
Educational institutions located nearby include Dubai College in Al Sufouh and The International School of Choueifat in the same area. Additional schools within several kilometres include Regent International School and GEMS Dubai American Academy in Al Barsha. The Emirates Golf Club and the Montgomerie Golf Course are also positioned within short driving distance of the development.
Market context
The Emaar Beachfront community represents one of several waterfront residential clusters constructed by Emaar Properties during the late 2010s and early 2020s as part of Dubais expansion along the Dubai Harbour coastal corridor. The area is characterised by high density residential towers oriented toward sea views and private beach access. Property transactions recorded by the Dubai Land Department demonstrate ongoing off plan transactions across multiple unit types during the construction phase of the building.
This particular offering is classified as a distressed asset due to below market pricing relative to comparable properties within the same development. Such classification typically indicates that the unit is being marketed at a price lower than prevailing listing levels in order to facilitate a faster transaction or to resolve a financial position related to the seller. Distressed assets often attract investor interest because they may provide an entry point below prevailing market benchmarks within a given development.
Surrounding neighbourhoods
Neighbouring districts include Dubai Marina, a high density residential and leisure district with approximately three kilometres of marina waterfront surrounded by residential skyscrapers. Palm Jumeirah, the artificial island to the west of the development, includes beachfront villas, hotels and mixed residential towers along the trunk. Jumeirah Beach Residence sits south of Dubai Marina and provides retail, hospitality and entertainment along a beachfront promenade. Additional nearby communities include Dubai Media City, a business free zone dedicated to media organisations, and The Greens and The Views residential districts near Emirates Golf Club.
Together these areas contribute to the wider urban framework surrounding Beachgate by Address and form part of Dubais coastal corridor linking the traditional Jumeirah coastline with the newer marina based developments constructed during the early twenty first century.
Summary
Beachgate by Address represents a mid construction residential tower within the Emaar Beachfront island community of Dubai Harbour. When completed, the building will provide multiple apartment configurations supported by leisure facilities, retail space and direct access to Emaar Beachfront private beach areas. Its location between Palm Jumeirah and Dubai Marina connects it to established leisure districts, transport corridors and commercial areas that form a major part of Dubais modern waterfront urban development.