Drops ยท Realestate ยท Dubai ยท MajanBack6117-SRJW9K
1-BED APARTMENT BINGHATTI SKYFLAME 1
1BR + 2BA ยท 740 sqft ยท Binghatti Skyflame 1
Verified 3h ago
Now
AED 999K
AED 1,350
Price / sqft
740 sqft
Built-up area
1BR + 2BA
0d
On market
vs 7d median
AED 5,149
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
14 comps ยท Daily
BENCHMARK
Majan, 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 5K
vs AED 5K at pre-drop price (AED 999K) ยท See cuts โ
DOWN PAYMENT
AED 200K
20% of price
DLD FEE
AED 40K
4% of price
MORTGAGE REG
AED 2K
0.25% loan + 290
CASH TO CLOSE
AED 242K
Day-one out-of-pocket
LOAN AMOUNT
AED 799K
25y ยท 6.00%
TOTAL INTEREST
AED 746K
Over full term
RENT VS BUY
RENT ยท ESTIMATE
AED 5K
/ mo ยท ~6% gross yield
BUY ยท NOW
AED 5K
+AED 154 / 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 1K/mo.
V ยท COMPARABLES
MAJAN ยท 1BR ยท ACTIVEVALUE ยท 12 COMPS
VALUE HEADLINE
AED 1,350 /sqft+7%
vs area median AED 1,267 /sqft ยท 11 comps
RANK
10 / 12
MID/HIGH RANGE
PRICE ร SIZE ยท DROP-WEIGHTED
DOT SIZE = DROP %AED / SQFT ยท DISTRIBUTION
BREAKDOWN ยท 11 LISTINGS
MORE EXPENSIVE /SQFT
2
18% of comps
CHEAPER /SQFT
9
See table
MEDIAN DOM
โ
this listing: โ
NEW THIS WEEK
โ
Last 7 days
ListingPriceSizeAED/sqftDrop %DOMฮ vs this
This listingThisAED 999K7401,350โโโSemi Opened Kitchen ยท VacantAED 1.19M1,1401,044โโ-23%Easy OwnershipAED 1.15M1,0031,150โโ-15%Flexible Payment Plan ยท 2 minutes to Global VillageAED 630K5141,226โโ-9%Prime 1 Bed with Pool ยท 1% Per month ยท Samana Barari Views MajanAED 1000K8071,239โโ-8%INVESTOR DEAL ยท 4% DLD WAIVER ยท FREE INVESTOR VISA ยท 40/60 PLANAED 944K7471,263โโ-6%TAKEAWAYOf 11 comparables, 2 are more expensive per sqft. The 9 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
VI ยท AREA INTEL
MAJAN ยท ACTIVE COMPSGEOGRAPHY ยท PULSE ยท VELOCITY
MEDIAN PRICE ยท ACTIVE
AED 960KThis: AED 999K ยท +4%
AVG DOM
7d
THIS: 0D ยท โ7D
ACTIVE COMPS
13
listings in segment
SIMILAR INVENTORY
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