Urgent Sale | 11.2% Below OP | 2 BR in Marina Views Tower 3

Overview of the deal

This urgent sale is a two-bedroom apartment in Marina Views Tower 3 by Emaar, part of Rashid Yachts and Marina in Mina Rashid. The seller is asking AED 3,400,000. That is AED 428,124, or about 11.2%, below the original price plus the 4% DLD fee, which together came to AED 3,828,124.

The tower is under construction, with handover expected in Q4 2028. Part of the price has already been paid, so a buyer takes over the remaining instalments rather than starting a plan from the beginning. Resales like this are a quieter corner of the off-plan properties Dubai buyers often overlook.

The unit

The apartment measures 1,255 sq ft and sits between the 12th and 17th floors, with a marina view and a private balcony.

• Type: apartment

• Bedrooms: 2

• Size: 1,255 sq ft

• Floor: between 12 and 17

• View: marina

• Balcony: yes

• Expected handover: Q4 2028

In short, it is a 2 bedroom apartment Dubai buyers can secure below its original price, with a water view and a share of the plan already settled.

The building and community

Marina Views Tower 3 is one of the towers of Rashid Yachts and Marina, the Emaar district at Mina Rashid. As the name suggests, the district is planned around a marina, and that is what this apartment looks onto.

Mina Rashid apartments are a newer addition to the city's waterfront, and the district sits among the Emaar projects still being delivered. That makes this unit one of the waterfront properties Dubai investors can buy before completion at a discount to the original price.

Price, discount and payment position

Of the AED 3,400,000 asking price, AED 1,559,557 goes to the seller on transfer. The remaining AED 1,840,443 follows the existing payment plan Dubai developers set at launch, which the buyer takes over with the unit. Paid on transfer:

• Payment to seller: AED 1,559,557

• DLD transfer fee (4% of the original price plus AED 40): AED 147,276

• Trustee office fee: AED 5,250

• Buyer's agency commission (2% plus VAT): AED 71,400

The total on transfer is AED 1,783,483. The remaining instalments are:

• 15 November 2026: AED 368,089

• 18 May 2027: AED 368,089

• 26 October 2027: AED 368,089

• On handover: AED 736,176

The total cost for the buyer is AED 3,623,926. The first remaining instalment falls on 15 November 2026, so the transfer and that payment should be planned together.

Why this deal and for whom

The appeal is a stated discount, payments spread until handover and an Emaar building on the water. It suits a buyer focused on Dubai property investment who wants to stage payments through 2027 and 2028. It also fits an end user who plans to move in after handover and would rather buy property in Dubai below the original price than at launch level.

Buyers who need to move in now should look at ready properties for sale in Dubai instead. For everyone else, it is one of the few apartments for sale in Dubai at this size where the discount is written into the numbers.

What happens next

An off-plan resale has a few more steps than a ready transfer in Dubai real estate:

• Contact Mahboob Estate to confirm availability and the current price.

• Review the sale and purchase agreement, the payment receipts and the remaining schedule.

• Sign a memorandum of understanding with the seller.

• The seller obtains the developer's no objection certificate from Emaar.

• Complete the transfer at a trustee office, then pay the remaining instalments on their due dates.

FAQ

How much do I pay on transfer?

AED 1,783,483, covering the payment to the seller, the DLD fee, the trustee fee and the agency commission.

When is handover?

Handover is expected in Q4 2028, with the final AED 736,176 instalment due at that point. As with most off-plan projects Dubai developers deliver, the date can move, so we confirm it with Emaar before the transfer.

Is the 11.2% discount verified?

It is calculated by the seller against the original price plus DLD. We check the original contract figures before anything is signed, which is what any real estate agency Dubai buyers rely on should do.