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: 4-BR IN MARINA SHORES — distress deal in Dubai Marina from Mitchell's Commercial Real EstateMARINA SHORES · Dubai Marina

Emaar · Dubai Marina

DISTRESS DEAL: 4-BR IN MARINA SHORES

Asking price as listedAED 7,070,000AED 2,934 per sq.ft
Original price + DLDAED 7,176,000
DiscountAED 106,0001.5% below original price
Unit
4-BR
Size
2,410 sq.ft
Developer
Emaar
Handover
Q4 2026

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

Sold
Listed 24 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 24 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 7,506,560The unit price plus the transfer fees and commission — the whole commitment, not the headline.
Unit priceAED 7,070,000
Fees and commissionAED 436,560
Step 01Due at transferAED 6,126,583Payable when the unit transfers to the buyer.
  • Payment to sellerAED 5,690,023
  • DLD Transfer fee 4% + 40 AEDAED 282,840
  • DLD Registration Trustee fee + 5% VATAED 5,250
  • Buyer's agent commission 2% + 5% VATAED 148,470
  • Total on transferAED 6,126,583
Step 02Payable to Emaar after transferAED 1,379,977The balance of the payment plan, which the buyer takes over.
  • On HandoverAED 1,379,977
  • Total remaining payment planAED 1,379,977

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Layout

Floor plan

Floor plan for DISTRESS DEAL: 4-BR IN MARINA SHORESFloor planView full size

Floor plan

Floor plan for DISTRESS DEAL: 4-BR IN MARINA SHORES

Distress Deal

PROJECT DESCRIPTION

OVERVIEW

This 4-bedroom apartment in Marina Shores is offered as a distress deal at AED 7,070,000, reflecting a 1.5% discount from the original price of AED 7,176,000. The unit spans 2,410 sq.ft, placing the entry at approximately AED 2,934 per sq.ft. This is a high-floor apartment (45+), with full marina views and a balcony, scheduled for handover in Q4 2026. The payment structure is split between an immediate transfer amount and a remaining balance due on handover, with a total buyer cost (including DLD and agency fees) of AED 7,506,560. The deal thesis is straightforward: this is a large, high-floor, marina-facing apartment in a new Emaar development, available at a visible discount to the original price, with a payment plan that reduces immediate capital outlay. For investors, the primary appeal is early access to a four-bedroom layout in a waterfront tower, at a basis that is competitive with recent transaction levels for similar new-build stock in Dubai Marina.

LOCATION & TRANSPORT

Marina Shores is positioned in Dubai Marina, one of the city’s most established waterfront districts. The tower sits directly on the Marina Promenade, offering direct access to the marina walkways and adjacent to the Mohammad Bin Ahmed Al Mulla mosque. The location provides practical connectivity to Sheikh Zayed Road, Dubai Metro and tram stations, as well as water taxi links. For residents and tenants, this means walkable access to retail, dining, and leisure options, with straightforward routes to business hubs such as Dubai Media City and JLT. The area is well-served by taxis and ride-hailing, and the proximity to main transport corridors supports both daily commuting and short-stay rental demand. The position within the marina also means that higher-floor units, such as this one, benefit from open views and reduced exposure to street-level congestion.

AMENITIES & SURROUNDING

Marina Shores is a 53-storey residential tower developed by Emaar, with an estimated 433 units ranging from one to five bedrooms and penthouses. Residents will have access to a suite of amenities, including a swimming pool, fitness centre, landscaped podium, children’s play areas, and direct marina promenade access. The building is designed with two basement levels for parking and features a contemporary lobby and security provision. The surrounding infrastructure is mature, with supermarkets, cafes, restaurants, and retail outlets within walking distance. The Dubai Marina Mall, JBR beach, and Bluewaters Island are all easily accessible, adding to the lifestyle appeal for both residents and tenants. The area’s established reputation ensures that amenities are not speculative; they are already in place and actively used by the local community.

MARKET

At AED 2,934 per sq.ft, this unit is priced above recent two-bedroom transactions in Marina Shores (which have ranged from AED 2,420 to AED 2,865 per sq.ft in 2026), but this reflects the premium for larger, high-floor, marina-facing layouts. Four-bedroom apartments in Dubai Marina are relatively scarce, especially in new-build towers with direct waterfront positioning. The buyer profile for this product is typically a mix of end-users seeking family-sized layouts and investors targeting long-term rental or resale. Liquidity for larger units can be more variable, but the Emaar brand, marina views, and payment plan structure support both rentability and future exit. The main risk points are the off-plan status (with handover in late 2026) and the need to underwrite service charges and market absorption for larger units. However, the discount to original price and staged payment reduce immediate exposure, and the high-floor, view-led positioning should support resilience against broader market shifts.

CONCLUSION

This Marina Shores distress deal is best suited to investors seeking a large, waterfront apartment in a new Emaar tower, with a visible discount to the original price and a payment plan that limits upfront capital. The key strengths are the high-floor marina views, established Dubai Marina location, and the credibility of the Emaar brand. The main considerations are the off-plan timeline and the need to benchmark service charges and future liquidity for four-bedroom layouts. If those points are addressed, the case is a disciplined entry into a prime waterfront corridor, with a layout and view profile that should appeal to both end-users and rental tenants. The discount is not dramatic in percentage terms, but it is real, and the payment structure provides flexibility. For buyers comfortable with the handover timeline and the Dubai Marina market, this is a practical, view-led investment with a clear value proposition relative to comparable new-build stock.

Location

MARINA SHORES — Dubai Marina

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Illustrative model

Scenario modeller

Set your own assumptions and see how DISTRESS DEAL: 4-BR IN MARINA SHORES behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Purchase

The price you are considering.

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Holding & income

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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.

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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.

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5% VAT added automatically.

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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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