Drops · Realestate · Dubai · Downtown DubaiBackDPB-S-4933

2BR APARTMENT THE ADDRESS SKY VIEW TOWER 1

2BR + 3BA · 1,699 sqft · The Address Sky View Tower 1

★ Golden VisaVerified 2h ago

Now

AED 7.50M

Open on Bayut

AED 4,414

Price / sqft

−49% vs area median

1,699 sqft

Built-up area

2BR + 3BA

On market

vs 4d median

AED 38,658

Mortgage est.

25y · 6% · 20% down

II · THE THESIS

DEAL SCORE PENDING

WHY THIS IS A DEAL

BOTTOM LINE

because listed 0 days ago and priced 49% below comparable Downtown Dubai listings.

All four signals + supporting evidence below. How do these scores work?

HEADLINE · COMPOSITE

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

SCORE BREAKDOWN

Awaiting first price event to compute score.

Free-tier shows the headline only. Insider unlocks the four detailed evidence rows below.

BELOW MEDIAN · −49%

−49%

AED 4,414/sqft vs area median 5,108/sqft. See 3 comps ↓

3 ACTIVE COMPS IN DOWNTOWN DUBAI

Motivation · Negotiability · Below median · Every section below

INPUTS

4 signals + relist

WEIGHTS

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

COMPS

3 comps · Daily

BENCHMARK

Downtown Dubai, 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 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

AED 39K

vs AED 39K at pre-drop price (AED 7.50M) · See cuts ↓

DOWN PAYMENT

AED 1.50M

20% of price

DLD FEE

AED 300K

4% of price

MORTGAGE REG

AED 15K

0.25% loan + 290

CASH TO CLOSE

AED 1.82M

Day-one out-of-pocket

LOAN AMOUNT

AED 6.00M

25y · 6.00%

TOTAL INTEREST

AED 5.60M

Over full term

RENT VS BUY

RENT · ESTIMATE

AED 38K

/ mo · ~6% gross yield

BUY · NOW

AED 39K

+AED 1K / 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 8K/mo.

V · COMPARABLES

DOWNTOWN DUBAI · 2BR · ACTIVE

VALUE · 2 COMPS

VALUE HEADLINE

AED 4,414 /sqft-14%

vs area median AED 5,108 /sqft · 1 comps

RANK

1 / 2

CHEAPEST QUARTILE

OUR TAKE

★ Underpriced

AED / SQFT · DISTRIBUTION

BREAKDOWN · 1 LISTINGS

MORE EXPENSIVE /SQFT

100% of comps

CHEAPER /SQFT

See table

MEDIAN DOM

—

this listing: —

NEW THIS WEEK

—

Last 7 days

ListingPriceSizeAED/sqftDrop %DOMΔ vs this

This listingThisAED 7.50M1,6994,414———Unobstructed Full Burj Khalifa View | Ultra Luxury | 30/70 PP | Branded | LimitedAED 14.68M2,8745,108——+16%

TAKEAWAYOf 1 comparables, 1 are more expensive per sqft.

Unlock all comparables · AED 199 / mo

Scatter · distribution · full table · CSV export

VI · AREA INTEL

DOWNTOWN DUBAI · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

MEDIAN PRICE · ACTIVE

AED 14.68MThis: AED 7.50M · -49%

AVG DOM

THIS: 0D · −4D

ACTIVE COMPS

listings in segment

SIMILAR INVENTORY

Browse drops in Downtown Dubai

Browse

VII · TRUST & ACTION

DATA ATTESTED · 28 AUG, 11:38

THIS IS THE MOMENT

SOURCE & CONFIDENCE

90%HIGH

Source

Bayut

Ref · DPB-S-4933

Last verified

…

28 Aug, 11:38

Freshness

Daily

24h scan window

Method

Direct scrape

Reference-keyed

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