3-BED TOWNHOUSE THE SPRINGS 8
3BR + 4BA ยท 2,346 sqft ยท The Springs 8
โ
Golden VisaVerified 5h ago
Now
AED 5.80M
AED 2,472
Price / sqft
2,346 sqft
Built-up area
3BR + 4BA
0d
On market
vs 10d median
AED 29,896
Mortgage est.
25y ยท 6% ยท 20% down
II ยท THE THESIS
DEAL SCORE PENDINGWHY THIS IS A DEAL
01
HEADLINE ยท COMPOSITE
SCORE BREAKDOWN
Awaiting first price event to compute score.
Insider unlocks the four evidence rows below.
Motivation ยท Negotiability ยท Below median ยท Every section below
INPUTS
4 signals + relist
WEIGHTS
Drop 35 ยท Neg 25 ยท Med 20 ยท Conf 10 ยท Relist 10
COMPS
28 comps ยท Daily
BENCHMARK
The Springs, last 180d
REFRESH
Daily
IV ยท CASHFLOW
UAE CB GUIDELINES ยท YOUR ASSUMPTIONSMORTGAGE ยท RENT ยท BREAK-EVEN
YOUR ASSUMPTIONS
Down payment20%
15%40%
Interest rate6.00%
3.50%8.00%
Term25 yr
15 yr30 yr
UAE CB caps ยท 25-yr tenor ยท 80% LTV on a first home โค AED 5M ยท rates vary by bank โ drag the sliders
MONTHLY ยท NOW
AED 30K
vs AED 30K at pre-drop price (AED 5.80M) ยท See cuts โ
DOWN PAYMENT
AED 1.16M
20% of price
DLD FEE
AED 232K
4% of price
MORTGAGE REG
AED 12K
0.25% loan + 290
CASH TO CLOSE
AED 1.40M
Day-one out-of-pocket
LOAN AMOUNT
AED 4.64M
25y ยท 6.00%
TOTAL INTEREST
AED 4.33M
Over full term
RENT VS BUY
RENT ยท ESTIMATE
AED 29K
/ mo ยท ~6% gross yield
BUY ยท NOW
AED 30K
+AED 896 / mo
Your monthly cost is already higher than the rent estimate โ the buy vs rent break-even leans on price appreciation rather than monthly cash flow.
STRESS TEST
AT VARIOUS RATESIf rates climb to 8%, your payment grows by ~AED 6K/mo.
V ยท COMPARABLES
THE SPRINGS ยท 3BR ยท ACTIVEVALUE ยท 28 COMPS
VALUE HEADLINE
AED 2,472 /sqft+35%
vs area median AED 1,832 /sqft ยท 27 comps
RANK
25 / 28
MID/HIGH RANGE
PRICE ร SIZE ยท DROP-WEIGHTED
DOT SIZE = DROP %AED / SQFT ยท DISTRIBUTION
BREAKDOWN ยท 27 LISTINGS
MORE EXPENSIVE /SQFT
3
11% of comps
CHEAPER /SQFT
24
See table
MEDIAN DOM
โ
this listing: โ
NEW THIS WEEK
โ
Last 7 days
ListingPriceSizeAED/sqftDrop %DOMฮ vs this
This listingThisAED 5.80M2,3462,472โโโType 4E ยท Vacant Now ยท Single RowAED 3.75M2,6071,438โโ-42%Corner Plot ยท Park ViewAED 3.80M2,6071,458โโ-41%Type 4E ยท Springs 2 ยท 2BR + Maid ยท OriginalAED 3.90M2,6101,494โโ-40%Type 4E ยท Renovation Opportunity ยท VacantAED 3.80M2,5111,513โโ-39%Larger Plot ยท Type 4M ยท Springs 14AED 3.65M2,2271,639โโ-34%TAKEAWAYOf 27 comparables, 3 are more expensive per sqft. The 24 cheaper ones are a mix of smaller units and older buildings.
Unlock all comparables ยท AED 199 / mo
Scatter ยท distribution ยท full table ยท CSV export