1-BED APARTMENT BEVERLY GRANDE
1BR + 2BA ยท 793 sqft ยท Beverly Grande
Verified 2h ago
Now
AED 1.14M
AED 1,438
Price / sqft
793 sqft
Built-up area
1BR + 2BA
0d
On market
vs 2d median
AED 5,876
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
8 comps ยท Daily
BENCHMARK
Motor City, 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 1.14M) ยท See cuts โ
DOWN PAYMENT
AED 228K
20% of price
DLD FEE
AED 46K
4% of price
MORTGAGE REG
AED 3K
0.25% loan + 290
CASH TO CLOSE
AED 276K
Day-one out-of-pocket
LOAN AMOUNT
AED 912K
25y ยท 6.00%
TOTAL INTEREST
AED 851K
Over full term
RENT VS BUY
RENT ยท ESTIMATE
AED 6K
/ mo ยท ~6% gross yield
BUY ยท NOW
AED 6K
+AED 176 / 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
MOTOR CITY ยท 1BR ยท ACTIVEVALUE ยท 8 COMPS
VALUE HEADLINE
AED 1,438 /sqft+11%
vs area median AED 1,291 /sqft ยท 7 comps
RANK
6 / 8
MID/HIGH RANGE
PRICE ร SIZE ยท DROP-WEIGHTED
DOT SIZE = DROP %AED / SQFT ยท DISTRIBUTION
BREAKDOWN ยท 7 LISTINGS
MORE EXPENSIVE /SQFT
2
29% of comps
CHEAPER /SQFT
5
See table
MEDIAN DOM
โ
this listing: โ
NEW THIS WEEK
โ
Last 7 days
ListingPriceSizeAED/sqftDrop %DOMฮ vs this
This listingThisAED 1.14M7931,438โโโFLEXIBLE 50/50 PAYMENT PLAN AVAILABLE ยท FULL CASH OFFER AVAILABLEAED 945K9111,037โโ-28%40/60 PAYMENT PLAN ยท DLD WAIVER ยท HIGH RETURN POTENTIAL ยท FREE INVESTOR VISAAED 948K9121,039โโ-28%PRIME INVESTMENT OPPORTUNITY ยท DLD WAIVER ยท FREE VISA ยท 40/60 PLANAED 1.02M8901,152โโ-20%Discount Available ยท 50/50 Payment Plan ยท Full Cash Deal ยท Investment OpportunityAED 950K7361,291โโ-10%FULL CASH DEAL ยท 50/50 PAYMENT PLAN AVAILABLE ยท INVESTMENT OPPORTUNITYAED 955K7181,330โโ-8%TAKEAWAYOf 7 comparables, 2 are more expensive per sqft. The 5 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
MOTOR CITY ยท ACTIVE COMPSGEOGRAPHY ยท PULSE ยท VELOCITY
MEDIAN PRICE ยท ACTIVE
AED 988KThis: AED 1.14M ยท +15%
AVG DOM
2d
THIS: 0D ยท โ2D
ACTIVE COMPS
8
listings in segment
SIMILAR INVENTORY
Browse drops in Motor City