2-BED APARTMENT VISION ICONIC
2BR + 3BA · 1,037 sqft · Vision Iconic
★ Golden VisaVerified 2h ago
Now
AED 2.60M
AED 2,507
Price / sqft
1,037 sqft
Built-up area
2BR + 3BA
0d
On market
vs 10d median
AED 13,401
Mortgage est.
25y · 6% · 20% down
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
5 comps · Daily
BENCHMARK
Mercedes-Benz Plac, last 180d
REFRESH
Daily
IV · CASHFLOW
UAE CB GUIDELINES · YOUR ASSUMPTIONSMORTGAGE · 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 13K
vs AED 13K at pre-drop price (AED 2.60M) · See cuts ↓
DOWN PAYMENT
AED 520K
20% of price
DLD FEE
AED 104K
4% of price
MORTGAGE REG
AED 5K
0.25% loan + 290
CASH TO CLOSE
AED 629K
Day-one out-of-pocket
LOAN AMOUNT
AED 2.08M
25y · 6.00%
TOTAL INTEREST
AED 1.94M
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 13K
/ mo · ~6% gross yield
BUY · NOW
AED 13K
+AED 401 / 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 RATESIf rates climb to 8%, your payment grows by ~AED 3K/mo.
V · COMPARABLES
MERCEDES-BENZ PLACES BINGHATTI CITY · 2BR · ACTIVEVALUE · 5 COMPS
VALUE HEADLINE
AED 2,507 /sqft+5%
vs area median AED 2,394 /sqft · 4 comps
RANK
4 / 5
MID/HIGH RANGE
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %AED / SQFT · DISTRIBUTION
BREAKDOWN · 4 LISTINGS
MORE EXPENSIVE /SQFT
1
25% of comps
CHEAPER /SQFT
3
See table
MEDIAN DOM
—
this listing: —
NEW THIS WEEK
—
Last 7 days
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThisAED 2.60M1,0372,507———NEW LAUNCH OFFER · DISCOUNT UPTO 6-10% · BRANDED RESIDENCES · SKYLINE VIEW · HIGH FLOORAED 1.96M8612,282——-9%NEW LAUNCH OFFER · DISCOUNT UPTO 6-10% · SKYLINE VIEW · HIGH FLOORAED 2.49M1,0752,315——-8%NEW PROJECT RELEASE · 6–10% DISCOUNTAED 1.97M8232,394——-5%SPECIAL LAUNCH OFFER · RESIDENCES · 6–10% PRICE ADVANTAGE · PRICINGAED 2.85M9712,935——+17%TAKEAWAYOf 4 comparables, 1 are more expensive per sqft. The 3 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
MERCEDES-BENZ PLACES BINGHATTI CITY · ACTIVE COMPSGEOGRAPHY · PULSE · VELOCITY
No coordinates for this area yet.
MEDIAN PRICE · ACTIVE
AED 2.49MThis: AED 2.60M · +4%
AVG DOM
10d
THIS: 0D · −10D
ACTIVE COMPS
5
listings in segment
SIMILAR INVENTORY
Browse drops in Mercedes-Benz Places Binghatti City
VII · TRUST & ACTION
DATA ATTESTEDTHIS IS THE MOMENT
SOURCE & CONFIDENCE
90%HIGH
Source
Bayut
Ref · VI-NAD-GK-MC
Last verified
…
20 Oct, 05:04
Freshness
Daily
24h scan window
Method
Direct scrape
Reference-keyed
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