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BackSKYKEYS-10003024

NO COMMISSION FURNISHED · 12 PAYMENTS

2BR + 4BA · 1,530 sqft · Burj Mohammed Bin Rashid at WTC

Verified 4h ago

Now

AED 129K

Open on PropertyFinder

AED 84

Price / sqft

−1% vs area median

1,530 sqft

Built-up area

2BR + 4BA

4d

On market

vs 10d median

AED 662

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 1% 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 · −1%
−1%
AED 84/sqft vs area median 91/sqft. See 11 comps ↓
MINMEDIANMAXAED 84/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 662

vs AED 662 at pre-drop price (AED 129K) · See cuts ↓

DOWN PAYMENT
AED 26K
20% of price
DLD FEE
AED 5K
4% of price
MORTGAGE REG
AED 547
0.25% loan + 290
CASH TO CLOSE
AED 31K
Day-one out-of-pocket
LOAN AMOUNT
AED 103K
25y · 6.00%
TOTAL INTEREST
AED 96K
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 650
/ mo · ~6% gross yield
BUY · NOW
AED 662
+AED 12 / 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
0.5k0.7k0.8k4%5%6%7%8%AED / MO

If rates climb to 8%, your payment grows by ~AED 131/mo.

V · COMPARABLES
CORNICHE ROAD · 2BR · ACTIVE

VALUE · 11 COMPS

VALUE HEADLINE
AED 84 /sqft-8%

vs area median AED 91 /sqft · 10 comps

RANK
3 / 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 · 8475102
BREAKDOWN · 10 LISTINGS
MORE EXPENSIVE /SQFT
8
80% of comps
CHEAPER /SQFT
2
See table
MEDIAN DOM
0d
this listing: 0d
NEW THIS WEEK
10
Fresh inventory
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThisAED 129K1,53084—0d—2 BR Apartment with Water View on Corniche RoadAED 118K1,58075—0d-11%Hot Offer | 12 Payments | Modern Living| 2ParkingsAED 162K2,00081—0d-4%3BHK + MR | Excellent Sea View | Clean & ElegantAED 170K2,00085—0d+1%2BHK Unfurnished | Sea View | Corniche AreaAED 130K1,50087—0d+4%Fully Furnished | Sea View I Modern 3BHKAED 180K2,00090—0d+7%
TAKEAWAYOf 10 comparables, 8 are more expensive per sqft. The 2 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
↓ 777↓1158 vs last 30d

drops detected · UAE-wide

MEDIAN PRICE · ACTIVE
AED 130KThis: AED 129K · -1%
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 · skykeys-10003024
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

SCORE 25
Hot Deal | 2BR City View | Chiller Free | Free
APARTMENT · CAPITAL PLAZA TOWER B
AED 134K
ACTIVE LISTING
SCORE 25
UP TO 4 PAYMENTS | Furnished | Vacant | Pool View!
APARTMENT · AL MARYAH ISLAND
AED 60K
ACTIVE LISTING
SCORE 25
2 BR Apartment with Water View on Corniche Road
APARTMENT · CORNICHE ROAD
AED 118K
ACTIVE LISTING
SCORE 25
Furnished | Gorgeous 2BR With Balcony | Prime Area
APARTMENT · YAS ISLAND
AED 125K
ACTIVE LISTING
Browse all drops in real estate →
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