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Back25WGKXNH6XY2Y4B2PNMV613H38

2 BR APARTMENT WITH WATER VIEW ON CORNICHE ROAD

2BR + 4BA · 1,580 sqft · Burj Mohammed Bin Rashid at WTC

Verified 2h ago

Now

AED 118K

Open on PropertyFinder

AED 75

Price / sqft

−9% vs area median

1,580 sqft

Built-up area

2BR + 4BA

4d

On market

vs 10d median

AED 608

Mortgage est.

25y · 6% · 20% down

II · THE THESIS
DEAL SCORE PENDING

WHY THIS IS A DEAL

BOTTOM LINE

because listed 4 days ago and priced 9% below comparable Corniche Road listings.

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

01
HEADLINE · COMPOSITE

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

SCORE BREAKDOWN

Awaiting first price event to compute score.

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

04
BELOW MEDIAN · −9%
−9%
AED 75/sqft vs area median 91/sqft. See 11 comps ↓
MINMEDIANMAXAED 75/SQFT
11 ACTIVE COMPS IN CORNICHE ROAD

Motivation · Negotiability · Below median · Every section below

INPUTS
4 signals + relist
WEIGHTS
Drop 35 · Neg 25 · Med 20 · Conf 10 · Relist 10
COMPS
11 comps · 2h fresh
OFFER BAND
±4% confidence
BENCHMARK
Corniche Road, last 180d
REFRESH
Hourly
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 608

vs AED 608 at pre-drop price (AED 118K) · See cuts ↓

DOWN PAYMENT
AED 24K
20% of price
DLD FEE
AED 5K
4% of price
MORTGAGE REG
AED 526
0.25% loan + 290
CASH TO CLOSE
AED 29K
Day-one out-of-pocket
LOAN AMOUNT
AED 94K
25y · 6.00%
TOTAL INTEREST
AED 88K
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 650
/ mo · ~6% gross yield
BUY · NOW
AED 608
−AED 42 / mo
0y10y

Buying beats renting after 10.5 years at the current price.

STRESS TEST
AT VARIOUS RATES
0.5k0.6k0.7k4%5%6%7%8%AED / MO

If rates climb to 8%, your payment grows by ~AED 120/mo.

V · COMPARABLES
CORNICHE ROAD · 2BR · ACTIVE

VALUE · 11 COMPS

VALUE HEADLINE
AED 75 /sqft-18%

vs area median AED 91 /sqft · 10 comps

RANK
1 / 11
CHEAPEST QUARTILE
OUR TAKE
★ Underpriced
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %
0.1M0.2M0.2M1,1401,6202,100SIZE · SQFTPRICE · AED M
AED / SQFT · DISTRIBUTION
MEDIANTHIS · 7575102
BREAKDOWN · 10 LISTINGS
MORE EXPENSIVE /SQFT
10
100% of comps
CHEAPER /SQFT
0
See table
MEDIAN DOM
0d
this listing: 0d
NEW THIS WEEK
10
Fresh inventory
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThisAED 118K1,58075—0d—Hot Offer | 12 Payments | Modern Living| 2ParkingsAED 162K2,00081—0d+8%No commission | Furnished | 12 paymentsAED 129K1,53084—0d+12%3BHK + MR | Excellent Sea View | Clean & ElegantAED 170K2,00085—0d+13%2BHK Unfurnished | Sea View | Corniche AreaAED 130K1,50087—0d+16%Fully Furnished | Sea View I Modern 3BHKAED 180K2,00090—0d+20%
TAKEAWAYOf 10 comparables, 10 are more expensive per sqft.
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
↓ 777↓1158 vs last 30d

drops detected · UAE-wide

MEDIAN PRICE · ACTIVE
AED 130KThis: AED 118K · -9%
MINMEDIANMAX
AVG DOM
10d
THIS: 4D · −6D
ACTIVE COMPS
11
listings in segment
SIMILAR INVENTORY
Browse drops in Corniche Road
Browse
VII · TRUST & ACTION
DATA ATTESTED · 21 JUN, 10:02

THIS IS THE MOMENT

SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref · 25WGKXNH6XY2Y4B2PNMV613H38
Last verified
…
21 Jun, 10:02
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

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ACTIVE LISTING
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