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 KEMPINSKI MARINA RESIDENCE — distress deal in Dubai Marina from Mitchell's Commercial Real EstateKEMPINSKI MARINA RESIDENCE · Dubai Marina

ABA Real Estate · Dubai Marina

DISTRESS DEAL: 1-BR IN KEMPINSKI MARINA RESIDENCE

Asking price as listedAED 2,100,000AED 1,790 per sq.ft
Original price + DLDAED 2,705,037
DiscountAED 605,03722.4% below original price
Unit
1-BR
Size
1,173 sq.ft
Developer
ABA Real Estate
Handover
Q1 2029

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

Sold
Listed 21 May 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 21 May 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

Total cost for buyer, as listedAED 2,233,390The unit price plus the transfer fees and commission — the whole commitment, not the headline.
Unit priceAED 2,100,000
Fees and commissionAED 133,390
Step 01Due at transferAED 542,740Payable when the unit transfers to the buyer.
  • Payment to sellerAED 409,350
  • DLD Transfer fee 4% + 40 AEDAED 84,040
  • DLD Registration Trustee fee + 5%VATAED 5,250
  • Buyer's agent commission 2% + 5%VATAED 44,100
  • Total on transferAED 542,740
Step 02Payable to ABA Real Estate after transferAED 1,690,650The balance of the payment plan, which the buyer takes over.
  • 31-July-2027AED 130,050
  • 30-November-2027AED 260,100
  • 31-March-2028AED 130,050
  • 31-March-2029AED 260,100
  • 31-July-2029AED 130,050
  • 30-November-2029AED 130,050
  • 31-March-2030AED 130,050
  • 31-July-2030AED 130,050
  • 30-November-2030AED 130,050
  • 31-March-2031AED 130,050
  • 17-September-2031AED 130,050
  • Total remaining payment planAED 1,690,650

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Floor plan

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Floor plan

Floor plan for DISTRESS DEAL: 1-BR IN KEMPINSKI MARINA RESIDENCE

Distress Deal

PROJECT DESCRIPTION

OVERVIEW

This 1-bedroom apartment in Kempinski Marina Residence is being presented as a distress deal at AED 2,100,000. The original price plus DLD fee was AED 2,705,037, so the current offer reflects a 22.4% discount, or AED 605,037 below the reference price. At 1,173 sq.ft, the entry basis is AED 1,790 per sq.ft, which is notably below recent transaction benchmarks for comparable units in the building. The apartment is semi-furnished, positioned on a high floor (22-25), and offers a partial sea view with a balcony. Handover is scheduled for Q1 2029, and the payment plan is structured with a manageable initial outlay and staged payments through to 2031. The immediate investment case is the ability to secure a branded, hotel-managed address in Dubai Marina at a significant discount to both launch and recent resale prices, with a long runway to completion and a post-handover payment schedule that can support cash flow management.

LOCATION & TRANSPORT

Kempinski Marina Residence occupies a prominent position in Dubai Marina, one of the city’s most established waterfront districts. Residents benefit from direct access to the Marina’s extensive promenade, with a wide range of dining, retail, and leisure options within walking distance. The location is well-served by public transport, including Dubai Metro and tram stations, and offers straightforward car access to Sheikh Zayed Road for connections across the city. For investors, this means a broad tenant pool, from professionals working in Media City and JLT to short-stay visitors seeking a central, waterfront base. The area’s established infrastructure and connectivity underpin both rental demand and long-term resale liquidity, while the building’s proximity to marina berths and yacht clubs adds a lifestyle dimension that appeals to a premium segment.

AMENITIES & SURROUNDING

The Kempinski Marina Residence is designed as a high-amenity, hotel-managed residential tower. Residents will have access to a 24-hour concierge, security, and a suite of hospitality services including butler, housekeeping, and valet parking. The building features an infinity pool, gym, yoga studio, zen garden, cinema room, residents’ lounge, and dedicated kids’ play areas. Sports facilities include basketball and padel tennis courts, a golf simulator, and jogging tracks. The project also incorporates landscaped terraces, some with vertical gardens, and retail units at podium level. The surrounding Dubai Marina district is fully developed, offering supermarkets, pharmacies, clinics, and a range of F&B outlets. The combination of hotel-style services and comprehensive amenities positions the building as a lifestyle-led address, with the backing of the Kempinski brand and management standards.

MARKET

At AED 1,790 per sq.ft, this unit is priced below both the original launch and recent resale transactions in Kempinski Marina Residence, where 1-bedroom units have traded at higher per-square-foot levels. The Dubai Marina market remains one of the most liquid in the city, with strong demand for branded residences and hotel-managed apartments. The handover timeline (Q1 2029) means the buyer is taking a medium-term view, with the potential for capital appreciation as the project nears completion. The payment plan structure, with a relatively low initial outlay and extended post-handover schedule, may appeal to investors seeking to stagger their exposure or manage leverage. The main underwriting points are the project’s delivery risk, the service charge environment typical of branded residences, and the competitive landscape in Dubai Marina, where several new launches are targeting a similar tenant and buyer profile. However, the Kempinski brand and the building’s amenity set provide a clear differentiation, and the current discount offers a buffer against market volatility or delays.

CONCLUSION

This distress deal in Kempinski Marina Residence is best suited to investors who value a branded, hotel-managed address in Dubai Marina and are comfortable with a medium-term completion horizon. The pricing is visibly below both launch and recent resale benchmarks, and the payment plan supports flexible capital deployment. The main risks are tied to project delivery, service charges, and the evolving supply in the branded residence segment, but the discount provides a margin of safety. For buyers seeking exposure to Dubai Marina’s rental and resale market, with the added appeal of Kempinski management and a comprehensive amenity offering, this deal presents a well-priced entry point. The underlying thesis is a straightforward value play in a recognised Dubai address.

Location

KEMPINSKI MARINA RESIDENCE — Dubai Marina

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Illustrative model

Scenario modeller

Set your own assumptions and see how DISTRESS DEAL: 1-BR IN KEMPINSKI MARINA RESIDENCE 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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