Palm JumeirahAED 3,625/sqftCity WalkAED 3,268/sqftDubai Maritime CityAED 3,078/sqftDowntown DubaiAED 2,953/sqftDubai MarinaAED 2,836/sqftDubai IslandsAED 2,748/sqftBusiness BayAED 2,620/sqftDubai Creek HarbourAED 2,588/sqftDubai Hills EstateAED 2,444/sqftJumeirah Lakes TowersAED 2,229/sqftMohammed Bin Rashid CityAED 2,097/sqftAl JaddafAED 2,051/sqftJumeirah Village TriangleAED 1,673/sqftDubai SouthAED 1,630/sqftArjanAED 1,608/sqftJumeirah Village CircleAED 1,511/sqftDubai Sports CityAED 1,336/sqftPalm JumeirahAED 3,625/sqftCity WalkAED 3,268/sqftDubai Maritime CityAED 3,078/sqftDowntown DubaiAED 2,953/sqftDubai MarinaAED 2,836/sqftDubai IslandsAED 2,748/sqftBusiness BayAED 2,620/sqftDubai Creek HarbourAED 2,588/sqftDubai Hills EstateAED 2,444/sqftJumeirah Lakes TowersAED 2,229/sqftMohammed Bin Rashid CityAED 2,097/sqftAl JaddafAED 2,051/sqftJumeirah Village TriangleAED 1,673/sqftDubai SouthAED 1,630/sqftArjanAED 1,608/sqftJumeirah Village CircleAED 1,511/sqftDubai Sports CityAED 1,336/sqft
DLD · MEDIAN 12M TO JUL 2026
DISTRESS DEAL: 1-BR IN ADDRESS BEACHGATE

Distress Deal

DISTRESS DEAL: 1-BR IN ADDRESS BEACHGATE

Asking PriceAED 2,800,000
Below Original Price9.7%
Size795 sq.ft
Bedrooms1
Price / Sq.FtAED 3,522
HandoverQ4 2026
Sold
Listed 12 March 2026Status confirmed 3 August 2026

This unit has sold and is no longer available. The page is kept as a record of a deal we transacted. Every figure on it — the asking price, the discount to original price and the payment schedule — is the position as listed on 12 March 2026 and is historic. It is not an indication of what the same unit, or a comparable one, would cost today.

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The numbers

Payment breakdown

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

Distress Deal

PROJECT DESCRIPTION

OVERVIEW

This 1-bedroom in Address Beachgate is being offered as a Distress Deal at AED 2,800,000. Against the AED 3,101,163 original price plus DLD basis, the current ask shows a 9.7% below original price discount and a headline saving of AED 301,163. The unit is by Emaar, recorded at 795 sq.ft, and scheduled for handover in Q4 2026. That gives the buyer a clear number to underwrite today rather than a vague promise of future upside: the real question is whether this discounted basis is strong enough for the project, location and remaining construction timeline.

LOCATION & TRANSPORT

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. For a buyer, that matters because accessibility and neighbourhood depth will influence both resale liquidity and the quality of the end-user audience once the project completes.

AMENITIES & SURROUNDING

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. In practical terms, that surrounding amenity base is what turns a discounted off-plan listing from a spreadsheet idea into a liveable asset with clearer rental and resale support.

MARKET

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. At AED 3,522, buyers are comparing this listing with premium waterfront stock where view quality, beach access and brand positioning can move pricing materially from tower to tower. In that context, a 9.7% below original price entry basis matters because it improves the resale starting point without changing the underlying appeal of the location. With handover set for Q4 2026, the trade is less about chasing an abstract launch story and more about deciding whether the current basis is attractive relative to other Emaar Beachfront or Dubai Harbour options at a similar stage.

CONCLUSION

Overall, this Address Beachgate listing is compelling because it combines a recognisable waterfront address with a better-than-launch entry basis. For buyers already targeting Beachfront, the decision comes down to whether AED 2,800,000 for 795 sq.ft with 9.7% below original price built in is more attractive than waiting for equivalent resale or developer stock closer to Q4 2026.

Illustrative model

Scenario modeller

Set your own assumptions and see how DISTRESS DEAL: 1-BR IN ADDRESS BEACHGATE behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Purchase

The price you are actually considering.

Drives the service charge only.

Rent and service charge both start here.

Holding & income

Your figure — we have not assumed one.

0% holds rent flat. It may be negative.

8% is roughly a month plus re-letting.

Letting fees and routine repairs.

Replace with the building's own schedule.

Acquisition costs

4% is the Dubai standard.

Buyer-side. 5% VAT added.

Trustee, title deed, NOC.

Exit

1 to 40 years.

0% by default: we publish no price forecasts.

5% VAT added automatically.

Nothing to calculate yet

Enter the asking price to run the model.

Every figure recalculates as you type. Use the price you are actually considering.

How each figure is calculated
Handover
The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
Gross yield
Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
Net yield
(Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
Rent growth
Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
ROI
Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
ROE
Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
Cash-on-cash return
Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
IRR
The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.

An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.

Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell’s Realty is a trading brand; the RERA-licensed entity is The Luxury Real Estate Brokers LLC.

Location

ADDRESS BEACHGATEBeachfront, Dubai

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