1-BED APARTMENT ZENITH RESIDENCES
1BR + 2BA ยท 836 sqft ยท Zenith Residences
Verified 13h ago
Now
AED 822K
AED 983
Price / sqft
836 sqft
Built-up area
1BR + 2BA
0d
On market
vs 3d median
AED 4,237
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
17 comps ยท Daily
BENCHMARK
International 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 4K
vs AED 4K at pre-drop price (AED 822K) ยท See cuts โ
DOWN PAYMENT
AED 164K
20% of price
DLD FEE
AED 33K
4% of price
MORTGAGE REG
AED 2K
0.25% loan + 290
CASH TO CLOSE
AED 199K
Day-one out-of-pocket
LOAN AMOUNT
AED 658K
25y ยท 6.00%
TOTAL INTEREST
AED 613K
Over full term
RENT VS BUY
RENT ยท ESTIMATE
AED 4K
/ mo ยท ~6% gross yield
BUY ยท NOW
AED 4K
+AED 127 / 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 839/mo.
V ยท COMPARABLES
INTERNATIONAL CITY PHASE 2 ยท 1BR ยท ACTIVEVALUE ยท 17 COMPS
VALUE HEADLINE
AED 983 /sqft-16%
vs area median AED 1,167 /sqft ยท 16 comps
RANK
2 / 17
CHEAPEST QUARTILE
OUR TAKE
โ
UnderpricedPRICE ร SIZE ยท DROP-WEIGHTED
DOT SIZE = DROP %AED / SQFT ยท DISTRIBUTION
BREAKDOWN ยท 16 LISTINGS
MORE EXPENSIVE /SQFT
15
94% of comps
CHEAPER /SQFT
1
See table
MEDIAN DOM
โ
this listing: โ
NEW THIS WEEK
โ
Last 7 days
ListingPriceSizeAED/sqftDrop %DOMฮ vs this
This listingThisAED 822K836983โโโJUST 2 MIN TO METRO ยท COMPETITIVE PSF ยท EXPANSIVE LAYOUTS ยท WARSAN 4AED 820K842974โโ-1%LANDMARK HIGH-RISE ยท BEST PSF VALUE ยท WARSAN 4AED 835K836999โโ+2%WARSAN 4'S TALLEST ADDRESS ยท RESIDENCES ยท QUICK METRO ACCESSAED 837K8361,001โโ+2%PRIME VALUE ยท GENEROUSLY SIZED UNITS ยท 2-MINUTE METRO ACCESSAED 825K8171,010โโ+3%STUDY ROOM + FURNISHED LIVING ยท 30/70 PAYMENT TERMS ยท NEAR METRO ยท AFFORDABLE LUXURYAED 900K8651,040โโ+6%TAKEAWAYOf 16 comparables, 15 are more expensive per sqft. The 1 cheaper one is a mix of smaller units and older buildings.
Unlock all comparables ยท AED 199 / mo
Scatter ยท distribution ยท full table ยท CSV export