1-BED APARTMENT KORE BY IMTIAZ
1BR + 1BA ยท 677 sqft ยท Kore by Imtiaz
Verified 2h ago
Now
AED 1.07M
AED 1,576
Price / sqft
677 sqft
Built-up area
1BR + 1BA
0d
On market
vs 13d median
AED 5,500
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
34 comps ยท Daily
BENCHMARK
Dubai Land Residen, 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 6K
vs AED 6K at pre-drop price (AED 1.07M) ยท See cuts โ
DOWN PAYMENT
AED 213K
20% of price
DLD FEE
AED 43K
4% of price
MORTGAGE REG
AED 2K
0.25% loan + 290
CASH TO CLOSE
AED 259K
Day-one out-of-pocket
LOAN AMOUNT
AED 854K
25y ยท 6.00%
TOTAL INTEREST
AED 796K
Over full term
RENT VS BUY
RENT ยท ESTIMATE
AED 5K
/ mo ยท ~6% gross yield
BUY ยท NOW
AED 6K
+AED 165 / 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
DUBAI LAND RESIDENCE COMPLEX ยท 1BR ยท ACTIVEVALUE ยท 34 COMPS
VALUE HEADLINE
AED 1,576 /sqft+20%
vs area median AED 1,308 /sqft ยท 33 comps
RANK
31 / 34
MID/HIGH RANGE
PRICE ร SIZE ยท DROP-WEIGHTED
DOT SIZE = DROP %AED / SQFT ยท DISTRIBUTION
BREAKDOWN ยท 33 LISTINGS
MORE EXPENSIVE /SQFT
3
9% of comps
CHEAPER /SQFT
30
See table
MEDIAN DOM
โ
this listing: โ
NEW THIS WEEK
โ
Last 7 days
ListingPriceSizeAED/sqftDrop %DOMฮ vs this
This listingThisAED 1.07M6771,576โโโFully Furnished 2BR Apartment ยท End User Full Cash Deal ยท 20 Minutes away from Burj Khalifa & AirportAED 1.10M1,623678โโ-57%Fully Furnished ยท 50/50 Payment Plan ยท Park Views ยท 5 Year Post handoverAED 697K849821โโ-48%Fully Furnished 1BR Near Metro ยท Branded DeveloperAED 955K972983โโ-38%FULLY FURNISHED ยท ATTRACTIVE PAYMENT TERMSAED 699K6631,054โโ-33%FULLY FURNISHED ยท FLEXIBLE PAYMENT PLANAED 700K6631,056โโ-33%TAKEAWAYOf 33 comparables, 3 are more expensive per sqft. The 30 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