Palm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026
SoldDISTRESS DEAL: 1-BR IN BAYVIEW — distress deal in Beachfront from Mitchell's Commercial Real EstateBAYVIEW · Beachfront

Emaar · Beachfront

DISTRESS DEAL: 1-BR IN BAYVIEW

Asking price as listedAED 3,300,000AED 4,336 per sq.ft
Original price + DLDAED 3,907,164
DiscountAED 607,16415.5% below original price
Unit
1-BR
Size
761 sq.ft
Developer
Emaar
Handover
Q3 2028

The discount is measured against the original price + DLD recorded for this unit, not against a valuation.

Sold
Listed 12 March 2026Status confirmed 17 September 2026

This unit has sold. 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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Payment breakdown

Total cost for buyer, as listedAED 3,506,590The unit price plus the transfer fees and commission — the whole commitment, not the headline.
Unit priceAED 3,300,000
Fees and commissionAED 206,590
Step 01Due at transferAED 1,628,147Payable when the unit transfers to the buyer.
  • Payment to sellerAED 1,421,557
  • DLD Transfer fee 4% + 40 AEDAED 132,040
  • DLD Registration Trustee fee + 5% VATAED 5,250
  • Buyer's agent commission 2% + 5% VATAED 69,300
  • Total on transferAED 1,628,147
Step 02Payable to Emaar after transferAED 1,878,443The balance of the payment plan, which the buyer takes over.
  • 18-FEB-2026AED 375,689
  • 18-SEP-2026AED 375,689
  • 22-MAR-2027AED 375,689
  • 22-SEP-2027AED 375,689
  • On Handover (31-JUL-2028)AED 375,687
  • Total remaining payment planAED 1,878,443

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Layout

Floor plan

Floor plan for DISTRESS DEAL: 1-BR IN BAYVIEWFloor planView full size

Floor plan

Floor plan for DISTRESS DEAL: 1-BR IN BAYVIEW

Distress Deal

PROJECT DESCRIPTION

OVERVIEW

Address Bayview Tower 2 is a 51 storey residential tower located within the Address Bayview development at Emaar Beachfront in Dubai Harbour, positioned between Dubai Marina and Palm Jumeirah. The tower forms part of a two building complex developed as branded residences under the Address Hotels and Resorts hospitality brand. The structure is planned as part of the wider Emaar Beachfront master development which is a large scale waterfront community situated along the Arabian Gulf coastline.

LOCATION & TRANSPORT

The property is located within the Emaar Beachfront district which forms part of the Dubai Harbour master plan. Dubai Harbour lies between Palm Jumeirah and Dubai Marina and is connected to the mainland through King Salman Bin Abdulaziz Al Saud Street and Al Seyahi Street. The area is positioned near Sheikh Zayed Road, allowing residents direct vehicle access to the wider Dubai metropolitan road network. Travel distances from Address Bayview Tower 2 to major commercial nodes are relatively short.

AMENITIES & SURROUNDING

The amenities provided at Address Bayview Tower 2 are integrated with the facilities offered throughout the Address Bayview development. Planned infrastructure includes a gymnasium, infinity swimming pool, leisure deck, landscaped lawn and barbecue areas designed for communal recreation. Other shared facilities include shaded seating zones, children's play areas and a separate shaded children's swimming pool. The development also provides covered parking areas and designated electric vehicle charging spaces. Retail units and boutique commercial outlets are planned within the broader development which contributes to walkable access to dining and daily services.

MARKET

Address Bayview Tower 2 forms one component of the Address Bayview complex which includes two residential towers arranged within the Emaar Beachfront parcel. The development is designed as a residential building incorporating a mix of apartment types including one bedroom, two bedroom, three bedroom, five bedroom and six bedroom residences together with larger penthouse layouts. The building is designed to operate as branded residences associated with the Address hospitality brand which is part of the Emaar Hospitality Group portfolio. As a high rise residential structure within Dubai Harbour the tower contributes to the emerging skyline composed of waterfront apartment buildings and hospitality properties. The tower layout integrates shared podium levels and amenity areas which are available to residents across the wider Address Bayview complex. Several points of interest and leisure destinations are located within close proximity to Address Bayview Tower 2.

CONCLUSION

Address Bayview Tower 2 forms one component of the Address Bayview complex which includes two residential towers arranged within the Emaar Beachfront parcel. The development is designed as a residential building incorporating a mix of apartment types including one bedroom, two bedroom, three bedroom, five bedroom and six bedroom residences together with larger penthouse layouts. The building is designed to operate as branded residences associated with the Address hospitality brand which is part of the Emaar Hospitality Group portfolio.

Location

BAYVIEW — Beachfront, Dubai

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Illustrative model

Scenario modeller

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

Purchase

The price you are 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.

Your figure — we publish none. A month vacant plus re-letting time is roughly 8%, if that fits your building.

Your figure — we publish none. Letting fees and routine repairs.

Your figure — we publish none. Look your building up on Mollak — rates run AED 3 to AED 30+.

Acquisition costs

4% is the Dubai standard.

Buyer-side. 5% VAT added.

Your figure — we publish none. The trustee tariff is tiered and the admin lines vary by office; ask your trustee office for the total, and add your NOC and any legal quote.

Exit

1 to 40 years.

0% by default: we publish no price forecasts.

5% VAT added automatically.

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Enter the asking price to run the model.

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

Method
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 Commercial Real Estate is a trading brand; the RERA-licensed broker is Stephen James Mitchell, BRN 68593.

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