2-BED APARTMENT BINGHATTI SKYTERRACES
2BR + 3BA · 1,269 sqft · Binghatti Skyterraces
Verified 3h ago
Now
AED 1.65M
AED 1,300
Price / sqft
1,269 sqft
Built-up area
2BR + 3BA
0d
On market
vs 5d median
AED 8,505
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
11 comps · Daily
BENCHMARK
Motor City, 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 9K
vs AED 9K at pre-drop price (AED 1.65M) · See cuts ↓
DOWN PAYMENT
AED 330K
20% of price
DLD FEE
AED 66K
4% of price
MORTGAGE REG
AED 4K
0.25% loan + 290
CASH TO CLOSE
AED 400K
Day-one out-of-pocket
LOAN AMOUNT
AED 1.32M
25y · 6.00%
TOTAL INTEREST
AED 1.23M
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 8K
/ mo · ~6% gross yield
BUY · NOW
AED 9K
+AED 255 / 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 2K/mo.
V · COMPARABLES
MOTOR CITY · 2BR · ACTIVEVALUE · 11 COMPS
VALUE HEADLINE
AED 1,300 /sqft+1%
vs area median AED 1,291 /sqft · 10 comps
RANK
7 / 11
MID/HIGH RANGE
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %AED / SQFT · DISTRIBUTION
BREAKDOWN · 10 LISTINGS
MORE EXPENSIVE /SQFT
4
40% of comps
CHEAPER /SQFT
6
See table
MEDIAN DOM
—
this listing: —
NEW THIS WEEK
—
Last 7 days
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThisAED 1.65M1,2691,300———One Bed I Garden Facing I 943 Sqft I VacantAED 950K9431,007——-23%FLEXIBLE 50/50 PAYMENT PLAN AVAILABLE · FULL CASH OFFER AVAILABLEAED 945K9111,037——-20%Prime Unit 1 BR Bigger Size · MOTOR CITY · BINGHATTI SKYTERRACESAED 890K8161,091——-16%PRIME INVESTMENT OPPORTUNITY · DLD WAIVER · FREE VISA · 40/60 PLANAED 1.02M8901,152——-11%20K AED Booking · Free Investor VisaAED 1.02M8841,154——-11%TAKEAWAYOf 10 comparables, 4 are more expensive per sqft. The 6 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 COMPSGEOGRAPHY · PULSE · VELOCITY
MEDIAN PRICE · ACTIVE
AED 1.00MThis: AED 1.65M · +65%
AVG DOM
5d
THIS: 0D · −5D
ACTIVE COMPS
11
listings in segment
SIMILAR INVENTORY
Browse drops in Motor City