Drops · Realestate · Dubai · Mercedes-Benz Places Binghatti CityBack6117-SM-132

1-BED APARTMENT VISION ICONIC

1BR + 2BA · 861 sqft · Vision Iconic

Verified 2h ago

Now

AED 1.96M

Open on Bayut

AED 2,282

Price / sqft

−12% vs area median

861 sqft

Built-up area

1BR + 2BA

On market

vs 4d median

AED 10,128

Mortgage est.

25y · 6% · 20% down

II · THE THESIS

DEAL SCORE PENDING

WHY THIS IS A DEAL

BOTTOM LINE

Listed 0 days ago and priced 12% below comparable Mercedes-Benz Places Binghatti City listings.

How do these scores work?

HEADLINE · COMPOSITE

SCORE BREAKDOWN

Awaiting first price event to compute score.

Insider unlocks the four evidence rows below.

BELOW MEDIAN · −12%

−12%

AED 2,282/sqft vs area median 2,394/sqft. See 4 comps ↓

4 ACTIVE COMPS IN MERCEDES-BENZ PLACES BINGHATTI CITY

Motivation · Negotiability · Below median · Every section below

INPUTS

4 signals + relist

WEIGHTS

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

COMPS

4 comps · Daily

BENCHMARK

Mercedes-Benz Plac, 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 CB caps · 25-yr tenor · 80% LTV on a first home ≤ AED 5M · rates vary by bank — drag the sliders

MONTHLY · NOW

AED 10K

vs AED 10K at pre-drop price (AED 1.96M) · See cuts ↓

DOWN PAYMENT

AED 393K

20% of price

DLD FEE

AED 79K

4% of price

MORTGAGE REG

AED 4K

0.25% loan + 290

CASH TO CLOSE

AED 476K

Day-one out-of-pocket

LOAN AMOUNT

AED 1.57M

25y · 6.00%

TOTAL INTEREST

AED 1.47M

Over full term

RENT VS BUY

RENT · ESTIMATE

AED 10K

/ mo · ~6% gross yield

BUY · NOW

AED 10K

+AED 304 / 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 2K/mo.

V · COMPARABLES

MERCEDES-BENZ PLACES BINGHATTI CITY · 1BR · ACTIVE

VALUE · 4 COMPS

VALUE HEADLINE

AED 2,282 /sqft-5%

vs area median AED 2,394 /sqft · 3 comps

RANK

1 / 4

CHEAPEST QUARTILE

PRICE × SIZE · DROP-WEIGHTED

DOT SIZE = DROP %

AED / SQFT · DISTRIBUTION

BREAKDOWN · 3 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 1.96M8612,282———NEW LAUNCH OFFER · DISCOUNT UPTO 6-10% · SKYLINE VIEW · HIGH FLOORAED 2.49M1,0752,315——+1%NEW PROJECT RELEASE · 6–10% DISCOUNTAED 1.97M8232,394——+5%SPECIAL LAUNCH OFFER · RESIDENCES · 6–10% PRICE ADVANTAGE · PRICINGAED 2.85M9712,935——+29%

TAKEAWAYOf 3 comparables, 3 are more expensive per sqft.

Unlock all comparables · AED 199 / mo

Scatter · distribution · full table · CSV export

VI · AREA INTEL

MERCEDES-BENZ PLACES BINGHATTI CITY · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

No coordinates for this area yet.

MEDIAN PRICE · ACTIVE

AED 2.23MThis: AED 1.96M · -12%

AVG DOM

THIS: 0D · −4D

ACTIVE COMPS

listings in segment

SIMILAR INVENTORY

Browse drops in Mercedes-Benz Places Binghatti City

Browse

VII · TRUST & ACTION

DATA ATTESTED

THIS IS THE MOMENT

SOURCE & CONFIDENCE

90%HIGH

Source

Bayut

Ref · 6117-SM-132

Last verified

…

11 Oct, 06:10

Freshness

Daily

24h scan window

Method

Direct scrape

Reference-keyed

VERIFIED SPECIALISTS

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Sourced & verified by UAEDrops. Independent — we don't accept agency listings.

1-BED APARTMENT VISION ICONIC

WHY THIS IS A DEAL

MORTGAGE · RENT · BREAK-EVEN

VALUE · 4 COMPS

GEOGRAPHY · PULSE · VELOCITY

THIS IS THE MOMENT

SIMILAR OPPORTUNITIES