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: 4-BR IN MARINA SHORES

Distress Deal

DISTRESS DEAL: 4-BR IN MARINA SHORES

Asking PriceAED 7,070,000
Below Original Price1.5%
Size2,410 sq.ft
Bedrooms4
Price / Sq.FtAED 2,934
HandoverQ4 2026
Sold
Listed 24 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 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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The numbers

Payment breakdown

UNIT PRICE AED 7,070,000

PAYMENTS ON TRANSFER

1. Payment to seller AED 5,690,023
2. DLD Transfer fee 4% + 40 AED AED 282,840
3. DLD Registration Trustee fee + 5% VAT AED 5,250
4. Buyer's agent commission 2% + 5% VAT AED 148,470

PAYMENT PLAN SCHEDULE

On Handover AED 1,379,977

SUMMARY

Total on Transfer AED 6,126,583
Total remaining Payment Plan AED 1,379,977
TOTAL COST FOR BUYER AED 7,506,560

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.

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 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.

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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

MARINA SHORESDubai Marina

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