Drops · Realestate · Abu Dhabi · Al Reem IslandBack109391-GHVURF
2-BED APARTMENT SKY TOWER
2BR + 2BA · 1,319 sqft · Sky Tower
Rent · per yearVerified 127d ago
Rent · now
AED 150K/ yr
AED 114
Price / sqft
1,319 sqft
Built-up area
2BR + 2BA
20716d
On market
vs 122d median
II · THE THESIS
DEAL SCORE PENDINGWHY THIS IS A DEAL
01
HEADLINE · COMPOSITE
SCORE BREAKDOWN
Awaiting first price event to compute score.
Insider unlocks the four evidence rows below.
Motivation · Negotiability · Below median · Every section below
INPUTS
4 signals + relist
WEIGHTS
Drop 35 · Neg 25 · Med 20 · Conf 10 · Relist 10
COMPS
25 comps · Daily
BENCHMARK
Al Reem Island, last 180d
REFRESH
Daily
V · COMPARABLES
AL REEM ISLAND · 2BR · ACTIVEVALUE · 17 COMPS
VALUE HEADLINE
AED 114 /sqft+20%
vs area median AED 95 /sqft · 16 comps
RANK
16 / 17
MID/HIGH RANGE
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %AED / SQFT · DISTRIBUTION
BREAKDOWN · 16 LISTINGS
MORE EXPENSIVE /SQFT
1
6% of comps
CHEAPER /SQFT
15
See table
MEDIAN DOM
—
this listing: —
NEW THIS WEEK
—
Last 7 days
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThisAED 150K1,319114———Sea View · High Floor · Vacant · Marvelous LayoutAED 175K2,24978——-32%2 BR Duplex · Ready to Move InAED 220K2,74480——-30%Vacant · Ready To Move In · 2BRAED 135K1,64782——-28%Partial Sea View · Vacant · Open KitchenAED 127K1,52883——-27%Unfurnished 2 Bedroom Apartment with Maids Room Sea ViewAED 149K1,65090——-21%TAKEAWAYOf 16 comparables, 1 are more expensive per sqft. The 15 cheaper ones are a mix of smaller units and older buildings.
Unlock all comparables · AED 199 / mo
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