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HOT OFFER PRIME LOCATION · BALCONY

3BR + 4BA · 2,230 sqft · Wave tower

▼ −3.1%Verified 3d ago

Now

AED 155K

was 160K−5K · −3.1%
Open on PropertyFinder

4-day history

AED 70

Price / sqft

2,230 sqft

Built-up area

3BR + 4BA

5d

On market

vs 16d median

AED 799

Mortgage est.

25y · 6% · 20% down

II · THE THESIS
DEAL SCORE 18 / 100

WHY THIS IS A DEAL

BOTTOM LINE

Scored 18/100 (Below average) because seller has made 1 cut since listing 5d ago. A fair offer band sits AED 144K–AED 150K.

All four signals + supporting evidence below. How do these scores work?

01
HEADLINE · COMPOSITE
18/ 100
Below average

Composite of price drop, motivation, area position, and data confidence.

SCORE BREAKDOWN · 18 PTS
5
4
9
Drop % 5/35
Negotiability 4/25
Confidence 9/10

Free-tier shows the headline only. Insider unlocks the four detailed evidence rows below.

02
MOTIVATION · 20
20
1 cut · 5d on market · Price evidence ↓
ListedLISTED−3%LATEST+1d
VELOCITY LOW·MOST RECENT CUT −3%
03
NEGOTIABILITY · LOW
LOW
Suggested offer AED 144K – AED 150K. Request a callback ↓
ASKSUGGESTED OFFERAED 150KAED 144KAED 155Klow AED 116K
BASED ON · MOTIVATION · CUT COUNT · TIME ON MARKET · TOTAL REDUCTION

Motivation · Negotiability · Below median · Every section below

INPUTS
4 signals + relist
WEIGHTS
Drop 35 · Neg 25 · Med 20 · Conf 10 · Relist 10
COMPS
22 comps · 2h fresh
OFFER BAND
±4% confidence
BENCHMARK
Corniche Road, last 180d
REFRESH
Hourly
III · THE EVIDENCE
1 CUT · −3.1% · −-5K

PRICE ACTION · 1 DAYS

PRICE / TIME
Y: AED · X: days since listed · Envelope: median ±8%
AEDUSDEUR
0.1M0.2M0.2M0.2MAREA MEDIAN · 0.1M−3%
AskingArea median 0.1MExpected rangeCut event
CUT-BY-CUT · 1 EVENT
D1
was AED 160K → AED 155K
1d after listing
−3.1%
-AED 5K
TOTAL · 1D
−3.1%
-AED 5K
NARRATIVESingle cut of 3.1% — early signal that the seller is testing the market.
Unlock the price history · AED 199 / mo

Every cut event · area median overlay · CSV export

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 Central Bank caps residential mortgages at 25 years tenor and 80% LTV for residents on a first home (≤AED 5M). Drag the sliders to model your own assumptions — actual rates vary by bank and profile.
MONTHLY · NOW
AED 799−AED 26 / mo

vs AED 825 at pre-drop price (AED 160K) · See cuts ↓

DOWN PAYMENT
AED 31K
20% of price
DLD FEE
AED 6K
4% of price
MORTGAGE REG
AED 600
0.25% loan + 290
CASH TO CLOSE
AED 38K
Day-one out-of-pocket
LOAN AMOUNT
AED 124K
25y · 6.00%
TOTAL INTEREST
AED 116K
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 750
/ mo · ~6% gross yield
BUY · NOW
AED 799
+AED 49 / 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
0.7k0.8k1.0k4%5%6%7%8%AED / MO

If rates climb to 8%, your payment grows by ~AED 158/mo.

V · COMPARABLES
CORNICHE ROAD · 3BR · ACTIVE

VALUE · 17 COMPS

VALUE HEADLINE
AED 70 /sqft-30%

vs area median AED 100 /sqft · 16 comps

RANK
4 / 17
CHEAPEST QUARTILE
OUR TAKE
★ Underpriced
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %
0.1M0.2M0.2M1,0381,9892,940SIZE · SQFTPRICE · AED M
AED / SQFT · DISTRIBUTION
MEDIANTHIS · 7061137
BREAKDOWN · 16 LISTINGS
MORE EXPENSIVE /SQFT
13
81% of comps
CHEAPER /SQFT
3
See table
MEDIAN DOM
0d
this listing: 0d
NEW THIS WEEK
16
Fresh inventory
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThisAED 155K2,23070—0d—No Commission | Luxury Spacious and Bright DuplexAED 170K2,80061—0d-13%No Commission | Beach Front | Duplex 3BR | BalconyAED 170K2,80061—0d-13%Hot Offer | Spacious 3BR At Beach Front | BalconyAED 155K2,31067—0d-4%Modern, Private and Well Located | Sea ViewAED 168K2,14079—0d+13%3BHK + MR | Excellent Sea View | Clean & ElegantAED 170K2,00085—0d+21%
TAKEAWAYOf 16 comparables, 13 are more expensive per sqft. The 3 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
CORNICHE ROAD · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

AREA PULSE · 30D
SLOWING
↓ 735↓1200 vs last 30d

drops detected · UAE-wide

MEDIAN PRICE · ACTIVE
AED 150KThis: AED 155K · +3%
MINMEDIANMAX
AVG DOM
16d
THIS: 5D · −11D
ACTIVE COMPS
22
listings in segment
SIMILAR INVENTORY
Browse drops in Corniche Road
Browse
VII · TRUST & ACTION
DATA ATTESTED · 12 JUN, 16:48

THIS IS THE MOMENT

SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref · MPDEQNZK6ADXP1RXFN73K37298
Last verified
…
12 Jun, 16:48
Freshness
Hourly
2h scan window
Method
Direct scrape
Reference-keyed
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Sourced & verified by UAEDrops. Independent — we don't accept agency listings.

VIII · NEXT BEST
4 ACTIVE IN CORNICHE ROAD · RANKED BY RECENCY

SIMILAR OPPORTUNITIES

SCORE 25
Fully Furnished | Mid Floor | Prime Location
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High Floor | Fully Furnished | 2 Payments | Bay
APARTMENT · RADIANT SQUARE
AED 130K
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SCORE 25
Highest Floor | Fully Furnished | Up To 4 Payments
APARTMENT · VIEWS F
AED 90K
ACTIVE LISTING
SCORE 25
Fully Furnished | Sea View I Modern 3BHK
APARTMENT · CORNICHE ROAD
AED 180K
ACTIVE LISTING
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