Drops · Realestate · Dubai · Motor CityBackST-01BR-AUG22

1BR APARTMENT BINGHATTI SKYTERRACES

1BR + 2BA · 732 sqft · Binghatti Skyterraces

Verified 2h ago

Now

AED 1.04M

Open on Bayut

AED 1,419

Price / sqft

−4% vs area median

732 sqft

Built-up area

1BR + 2BA

On market

vs 12d median

AED 5,355

Mortgage est.

25y · 6% · 20% down

II · THE THESIS

DEAL SCORE PENDING

WHY THIS IS A DEAL

BOTTOM LINE

Listed 0 days ago and priced 4% below comparable Motor City listings.

How do these scores work?

HEADLINE · COMPOSITE

SCORE BREAKDOWN

Awaiting first price event to compute score.

Insider unlocks the four evidence rows below.

BELOW MEDIAN · −4%

−4%

AED 1,419/sqft vs area median 1,338/sqft. See 6 comps ↓

6 ACTIVE COMPS IN MOTOR CITY

Motivation · Negotiability · Below median · Every section below

INPUTS

4 signals + relist

WEIGHTS

Drop 35 · Neg 25 · Med 20 · Conf 10 · Relist 10

COMPS

6 comps · Daily

BENCHMARK

Motor City, last 180d

REFRESH

Daily

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 CB caps · 25-yr tenor · 80% LTV on a first home ≤ AED 5M · rates vary by bank — drag the sliders

MONTHLY · NOW

AED 5K

vs AED 5K at pre-drop price (AED 1.04M) · See cuts ↓

DOWN PAYMENT

AED 208K

20% of price

DLD FEE

AED 42K

4% of price

MORTGAGE REG

AED 2K

0.25% loan + 290

CASH TO CLOSE

AED 252K

Day-one out-of-pocket

LOAN AMOUNT

AED 831K

25y · 6.00%

TOTAL INTEREST

AED 775K

Over full term

RENT VS BUY

RENT · ESTIMATE

AED 5K

/ mo · ~6% gross yield

BUY · NOW

AED 5K

+AED 160 / mo

Your monthly cost is already higher than the rent estimate — the buy vs rent break-even leans on price appreciation rather than monthly cash flow.

STRESS TEST

AT VARIOUS RATES

If rates climb to 8%, your payment grows by ~AED 1K/mo.

V · COMPARABLES

MOTOR CITY · 1BR · ACTIVE

VALUE · 4 COMPS

VALUE HEADLINE

AED 1,419 /sqft+6%

vs area median AED 1,338 /sqft · 3 comps

RANK

3 / 4

MID/HIGH RANGE

PRICE × SIZE · DROP-WEIGHTED

DOT SIZE = DROP %

AED / SQFT · DISTRIBUTION

BREAKDOWN · 3 LISTINGS

MORE EXPENSIVE /SQFT

33% of comps

CHEAPER /SQFT

See table

MEDIAN DOM

—

this listing: —

NEW THIS WEEK

—

Last 7 days

ListingPriceSizeAED/sqftDrop %DOMΔ vs this

This listingThisAED 1.04M7321,419———4% DLD Waiver · Free Investor Visa · 40/60 Payment PlanAED 950K8091,174——-17%100% DLD Waiver · Lowest Psf In Motor city · 1% Payment PlanAED 1.10M8221,338——-6%Off Plan Resale · HighFloorAED 1.07M5421,970——+39%

TAKEAWAYOf 3 comparables, 1 are more expensive per sqft. The 2 cheaper ones are a mix of smaller units and older buildings.

Unlock all comparables · AED 199 / mo

Scatter · distribution · full table · CSV export

VI · AREA INTEL

MOTOR CITY · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

MEDIAN PRICE · ACTIVE

AED 1.08MThis: AED 1.04M · -4%

AVG DOM

12d

THIS: 0D · −12D

ACTIVE COMPS

listings in segment

SIMILAR INVENTORY

Browse drops in Motor City

Browse

VII · TRUST & ACTION

DATA ATTESTED

THIS IS THE MOMENT

SOURCE & CONFIDENCE

90%HIGH

Source

Bayut

Ref · ST-01BR-AUG22

Last verified

…

07 Sep, 05:03

Freshness

Daily

24h scan window

Method

Direct scrape

Reference-keyed

VERIFIED SPECIALISTS

No verified specialist for this area yet — leave your number and we'll connect you.

Browse verified specialists

SAVE & SHARE

Sourced & verified by UAEDrops. Independent — we don't accept agency listings.

1BR APARTMENT BINGHATTI SKYTERRACES

WHY THIS IS A DEAL

MORTGAGE · RENT · BREAK-EVEN

VALUE · 4 COMPS

GEOGRAPHY · PULSE · VELOCITY

THIS IS THE MOMENT

SIMILAR OPPORTUNITIES