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Scanning the UAE market

BackRRE-MIRHIL2-404

SPACIOUS STUDIO IN CLOSE PROXIMITY TO MIRACLE GARDEN

39 sqft

▼ −9.6%Verified 2h ago

Now

$13K

was $14K−$1K · −9.6%
Open on PropertyFinder

1-day history

AED 1,190

Price / sqft

39 sqft

Built-up area

20590d

On market

USD 242

Mortgage est.

25y · 6% · 20% down

🔄Relisted — this listing was removed and reappeared (last: 05 Jun)
II · THE THESIS
DEAL SCORE 48 / 100

WHY THIS IS A DEAL

01
HEADLINE · COMPOSITE
48/ 100
Good opportunity

Composite of price drop, motivation, area position, and data confidence.

SCORE BREAKDOWN · 48 PTS
17
12
9
10
Drop % 17/35
Negotiability 12/25
Confidence 9/10
Relist signal 10/10

Below — the four signals that built this composite. Free-tier shows the headline only; Insider unlocks the underlying evidence.

02
MOTIVATION · 45
45
1 cut · 20590d on market · Price evidence ↓
ListedD0−10%D52+52d
VELOCITY MEDIUM·LATEST CUT −10%
03
NEGOTIABILITY · MODERATE
MODERATE
Suggested offer $12K – $12K. Request a callback ↓
ASKSUGGESTED OFFER$12K$12K$13Klow $10K
BASED ON · MOTIVATION · CUT COUNT · TIME ON MARKET · TOTAL REDUCTION

Motivation · Negotiability · Below median · Every section below

INPUTS
4 signals + relist
WEIGHTS
Drop 35 · Neg 25 · Med 20 · Conf 10 · Relist 10
COMPS
Active comps refreshed hourly
OFFER BAND
±4% confidence
BENCHMARK
Miracle Hills 2, last 180d
REFRESH
Hourly
III · THE EVIDENCE
1 CUT · −9.6% · −-$1K

PRICE ACTION · 52 DAYS

PRICE / TIME
Y: AED · X: days since listed · Envelope: median ±8%
AEDUSDEUR
0.0M0.0M0.1M0.1MAREA MEDIAN · 0.1M−10%
AskingExpected rangeCut event
CUT-BY-CUT · 1 EVENT
D52
was $14K → $13K
52d after listing
−9.6%
-$1K
TOTAL · 52D
−9.6%
-$1K
NARRATIVESingle cut of 9.6% — early signal that the seller is testing the market.
Unlock the price history · AED 199 / mo

Every cut event · area median overlay · CSV export

IV · CASHFLOW
UAE CB GUIDELINES · YOUR ASSUMPTIONS

MORTGAGE · RENT · BREAK-EVEN

YOUR ASSUMPTIONS
Down payment20%
15%40%
Interest rate6.00%
3.50%8.00%
Term25 yr
15 yr30 yr
UAE Central Bank caps residential mortgages at 25 years tenor and 80% LTV for residents on a first home (≤AED 5M). Drag the sliders to model your own assumptions — actual rates vary by bank and profile.
MONTHLY · NOW
$66−$7 / mo

vs $73 at pre-drop price ($14K) · See cuts ↓

DOWN PAYMENT
$3K
20% of price
DLD FEE
$512
4% of price
MORTGAGE REG
$105
0.25% loan + 290
CASH TO CLOSE
$3K
Day-one out-of-pocket
LOAN AMOUNT
$10K
25y · 6.00%
TOTAL INTEREST
$10K
Over full term
STRESS TEST
AT VARIOUS RATES
0.2k0.2k0.3k4%5%6%7%8%AED / MO

If rates climb to 8%, your payment grows by ~$13/mo.

VII · TRUST & ACTION
DATA ATTESTED · 05 JUN, 11:42

THIS IS THE MOMENT

SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref · RRE-MirHil2-404
Last verified
…
05 Jun, 11:42
Freshness
Hourly
2h scan window
Method
Direct scrape
Reference-keyed
VERIFIED SPECIALISTS
R
roel
Allsop
↻ ≤ 4h
RM
Roel Mangal
allsop
↻ ≤ 4h
Request a callback
We aim to respond within 4hNo spam · 1 message
SAVE & SHARE
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Sourced & verified by UAEDrops. Independent — we don't accept agency listings.

VIII · NEXT BEST
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