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 + Maid's IN BAYVIEW - TOWER 1 — distress deal in Beachfront from Mitchell's Commercial Real EstateBAYVIEW - TOWER 1 · Beachfront

Emaar · Beachfront

DISTRESS DEAL: 4-BR + Maid's IN BAYVIEW - TOWER 1

Asking price as listedAED 14,600,000AED 5,928 per sq.ft
Original price + DLDAED 16,484,000
DiscountAED 1,884,00011.4% below original price
Unit
4-BR + Maid's
Size
2,463 sq.ft
Developer
Emaar

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

Sold
Listed 7 July 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 7 July 2026 and is historic. It is not an indication of what the same unit, or a comparable one, would cost today.

Looking for another distressed property deal?

This unit has sold. Tell us the size, area and budget you're working to and a member of the Mitchell's team will come back with the stock that currently matches. It takes under a minute, and there's no obligation.

Choose one — the next questions adapt to your answer.

On this page

Quick navigation

The numbers

Payment breakdown

Total cost for buyer, as listedAED 15,495,890Everything due at transfer, plus the balance of the payment plan.
Unit priceAED 14,600,000
Step 01Due at transferAED 10,750,457Payable when the unit transfers to the buyer.
  • Payment to sellerAED 10,054,567
  • DLD Transfer fee 4% + 40 AEDAED 592,040
  • DLD Registration Trustee fee + 5%VATAED 5,250
  • Buyer's agent comission 2% + 5%VATAED 310,800
  • Total on transferAED 10,750,457
Step 02Payable to Emaar after transferAED 4,745,433The balance of the payment plan, which the buyer takes over.
  • 60% ConstrucrionAED 1,581,811
  • 80% ConstrucrionAED 1,581,811
  • On HandoverAED 1,581,811
  • Total remaining payment planAED 4,745,433

This unit has sold. Tell us what you are looking for and we will send the deals that are open now.

Show me deals like this one

Layout

Floor plan

Floor plan for DISTRESS DEAL: 4-BR + Maid's IN BAYVIEW - TOWER 1Floor planView full size

Floor plan

Floor plan for DISTRESS DEAL: 4-BR + Maid's IN BAYVIEW - TOWER 1

Distress Deal

PROJECT DESCRIPTION

OVERVIEW

Presenting a compelling opportunity for investors seeking value in Dubai’s prime waterfront market: a four-bedroom plus maid’s apartment in Bayview – Tower 1, Emaar Beachfront. This off-plan property offers a substantial 2,463 sq.ft of internal space, positioned on a high floor (38-45) with full panoramic views of the Palm Jumeirah and the Arabian Sea. The current asking price stands at AED 14,600,000, representing an 11.4% discount from the original reference price of AED 16,484,000. This equates to approximately AED 5,928 per square foot, a notable entry point for a branded, sea-facing residence in a flagship Emaar development. The payment structure includes AED 10,750,457 due on transfer and a remaining payment plan of AED 4,745,433, bringing the total buyer cost to AED 15,495,890. With handover scheduled for 2028, this listing presents an immediate opportunity to secure a premium asset at below-market pricing, with the potential for capital appreciation as the project approaches completion.

LOCATION & TRANSPORT

Bayview – Tower 1 is situated within the Emaar Beachfront master development, a sought-after enclave in Dubai Harbour, adjacent to Dubai Marina. The area is strategically positioned for both connectivity and lifestyle, offering direct access to Sheikh Zayed Road for seamless travel across the city. Residents benefit from proximity to key destinations such as Dubai Marina, Jumeirah Beach Residence, and Bluewaters Island, all reachable within a short drive. Public transport links are expected to improve further as the area matures, with ongoing infrastructure enhancements supporting both private and public mobility. The location’s waterfront setting ensures a tranquil environment, while remaining within easy reach of Dubai’s commercial and leisure hubs.

AMENITIES & SURROUNDING

Residents of Bayview – Tower 1 will enjoy a comprehensive suite of amenities designed to support a modern, coastal lifestyle. The development features 24-hour security, covered parking, and sophisticated access control for peace of mind. The ninth-floor podium is dedicated to leisure, offering a large infinity pool with sea views, a state-of-the-art gymnasium, and landscaped areas with native and adaptable plant species. Families benefit from children’s play areas, shaded pools, and barbecue decks, while retail spaces and boutique stores on the ground level add daily convenience. The private beach is a central highlight, providing direct access to the shoreline and a serene setting for relaxation. Additional features include bicycle storage, electric vehicle parking, and shaded seating areas, all curated to enhance resident comfort and well-being.

MARKET

Emaar Beachfront has established itself as one of Dubai’s most resilient and in-demand waterfront communities, with branded residences typically commanding a premium. The Bayview project, developed by Emaar and branded by Address Hotels + Resorts, is positioned to attract both end-users and investors seeking long-term value. Comparable four-bedroom apartments in similar developments have demonstrated strong rental demand, particularly among expatriate families and professionals valuing proximity to the Marina and direct beach access. Liquidity in the area is supported by Emaar’s reputation and the ongoing transformation of Dubai Harbour into a lifestyle destination. While the off-plan nature introduces typical risks—such as construction timelines and future market shifts—the current discount provides a buffer against short-term volatility. The property’s high-floor position and unobstructed sea views further enhance its appeal, supporting both rentability and future resale prospects.

CONCLUSION

For investors, this four-bedroom plus maid’s apartment in Bayview – Tower 1 represents a balanced proposition: immediate entry at a discounted rate in a flagship waterfront project, with the backing of a leading developer. The combination of size, views, and branded amenities positions the property well within Dubai’s evolving residential landscape. While off-plan investments require careful consideration of delivery timelines and market cycles, the fundamentals here—location, developer credibility, and below-reference pricing—offer a compelling case for capital preservation and potential upside. As Emaar Beachfront continues to mature, assets of this calibre are likely to see sustained demand from both tenants and future buyers. This listing is well-suited to investors seeking a blend of lifestyle appeal and long-term value in one of Dubai’s most promising coastal communities.

Location

BAYVIEW - TOWER 1 — Beachfront, Dubai

Get Directions

Illustrative model

Scenario modeller

Set your own assumptions and see how DISTRESS DEAL: 4-BR + Maid's IN BAYVIEW - TOWER 1 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.

Nothing to calculate yet

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.

Got questions?

Get Answers!

Read next

A discounted unit is bought the same way any other is. The questions are just sharper. These are our own guides and articles on buying from overseas, taking on a resale or an off-plan assignment, and what the purchase costs.

The gold rule under an entry is its length, against the longest piece here.

Guides

Articles

Need help?