This is a two-bedroom apartment in Address Bayview - Tower 2, the Emaar branded residence at Emaar Beachfront, measuring 1,468 sq.ft between the 21st and 39th floors with marina and sea views and a balcony. The asking price is AED 6,150,000 against an original price plus DLD of AED 7,881,004, a reduction of AED 1,731,004 or 22.0% below original price. That is a reduction of more than AED 1.7 million in absolute terms. On 1,468 sq.ft of built-up area that is AED 4,189 per square foot, which reflects the branded beachfront address. The buyer settles AED 4,255,306 at transfer, of which AED 3,876,635 goes to the seller, and carries AED 2,273,365 across three construction and handover instalments, for a total cost of AED 6,528,671. Handover is scheduled for Q3 2028.
ADDRESS BAYVIEW - TOWER 2 · Emaar Beachfront1 / 2Emaar · Emaar Beachfront
DISTRESS DEAL: 2-BR IN ADDRESS BAYVIEW - TOWER 2
- Unit
- 2-BR
- Size
- 1,468 sq.ft
- Developer
- Emaar
The discount is measured against the original price + DLD recorded for this unit, not against a valuation.
This unit has sold. The page is kept as a record. Every figure on it — the asking price, the discount to original price and the payment schedule — is the position as listed on 13 July 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
- Payment to sellerAED 3,876,635
- DLD Transfer fee (4% of OP + 40 AED)AED 244,271
- Trustee Office FeeAED 5,250
- Buyer's Agency Commission (2% + VAT)AED 129,150
- Total on transferAED 4,255,306
- 60% constructionAED 757,789
- 80% constructionAED 757,789
- On HandoverAED 757,787
- Total remaining payment planAED 2,273,365
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Distress Deal
PROJECT DESCRIPTION
OVERVIEW
LOCATION & TRANSPORT
Emaar Beachfront is a private island district between Dubai Marina and Palm Jumeirah, reached by a dedicated bridge from Dubai Harbour. The position gives the district its own beach frontage while keeping Dubai Marina's restaurants and the JBR beach strip within a few minutes by car or a walk over the bridge. Sheikh Zayed Road runs immediately inland, with DMCC and Sobha Realty metro stations on the Red Line at the Marina's edge and the Dubai Tram serving the Marina itself. Palm Jumeirah, Bluewaters Island and Ain Dubai are all close neighbours. Dubai International Airport is roughly thirty minutes by car outside peak hours and Al Maktoum International around thirty-five. The bridge access also means the district has controlled entry rather than through traffic, which is part of what the address is priced on.
AMENITIES & SURROUNDING
Address Bayview is part of the Address Hotels and Resorts branded residence line, which means hotel-managed service standards alongside the residential offer. Branded residences of this type typically carry concierge, housekeeping on request, resident-only pool decks, gymnasiums and direct beach access. Emaar Beachfront as a district is planned around a private beach, a marina and a retail and dining promenade at its centre. This particular unit sits high in the tower, between the 21st and 39th floors, with both marina and sea outlooks, which is the aspect the branded product is priced on. Dubai Harbour, immediately adjacent, brings a cruise terminal, a large marina and additional retail into walking distance. Branded residence service charges are higher than for unbranded stock, and that should be modelled explicitly before any yield is calculated.
MARKET
A 22.0% reduction against original price plus DLD, worth AED 1,731,004, is a large reduction and an unusual one for an Emaar branded residence in a supply-constrained beachfront district. At AED 4,189 per square foot the unit still carries a clear premium by area, which is consistent with the address and the brand rather than an anomaly. The payment shape is front-loaded: AED 4,255,306 settles at transfer and only AED 2,273,365 remains across two construction milestones and handover in Q3 2028. Branded beachfront stock has historically shown resilience because the land is finite and the supply pipeline is small, though a buyer should note that two-bedroom units are the most heavily traded size in the district. A discount of this size on a branded Emaar unit usually reflects a seller position rather than a view on the asset, and that distinction is worth establishing before you negotiate.
CONCLUSION
A buyer gets an Emaar branded residence on a private beachfront island with marina and sea views, at AED 1,731,004 below the original price plus DLD, and a manageable AED 2.27m remaining to handover in Q3 2028. The requirement is capital at transfer: over two-thirds of the total cost settles up front. The general off-plan risks apply, though Emaar's delivery record on this district is established. Every figure is taken from the seller's published listing. Confirm the construction status, the branded residence service charge and the milestone triggers with us before you act. We can also obtain the floor plan, the branded service schedule and the construction status.
Location
ADDRESS BAYVIEW - TOWER 2 — Emaar Beachfront, Dubai
Illustrative model
Scenario modeller
Set your own assumptions and see how DISTRESS DEAL: 2-BR IN ADDRESS BAYVIEW - TOWER 2 behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.
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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