Drops · Realestate · Dubai · Binghatti CanalBackPF-KPHV-AR-129666

2BR PENTHOUSE BINGHATTI CANAL

2BR + 2BA · 2,068 sqft

Verified 4h ago

Now

AED 220K

Open on PropertyFinder

AED 106

Price / sqft

−12% vs area median

2,068 sqft

Built-up area

2BR + 2BA

35d

On market

vs 25d median

AED 1,134

Mortgage est.

25y · 6% · 20% down

II · THE THESIS

DEAL SCORE PENDING

WHY THIS IS A DEAL

BOTTOM LINE

because listed 35 days ago and priced 12% below comparable Binghatti Canal listings.

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

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.

BELOW MEDIAN · −12%

−12%

AED 106/sqft vs area median 1,499/sqft. See 3 comps ↓

3 ACTIVE COMPS IN BINGHATTI CANAL

Motivation · Negotiability · Below median · Every section below

INPUTS

4 signals + relist

WEIGHTS

Drop 35 · Neg 25 · Med 20 · Conf 10 · Relist 10

COMPS

3 comps · 2h fresh

OFFER BAND

±4% confidence

BENCHMARK

Binghatti Canal, 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 1K

vs AED 1K at pre-drop price (AED 220K) · See cuts ↓

DOWN PAYMENT

AED 44K

20% of price

DLD FEE

AED 9K

4% of price

MORTGAGE REG

AED 730

0.25% loan + 290

CASH TO CLOSE

AED 54K

Day-one out-of-pocket

LOAN AMOUNT

AED 176K

25y · 6.00%

TOTAL INTEREST

AED 164K

Over full term

RENT VS BUY

RENT · ESTIMATE

AED 1K

/ mo · ~6% gross yield

BUY · NOW

AED 1K

−AED 116 / mo

0y10y

Buying beats renting after 6.8 years at the current price.

STRESS TEST

AT VARIOUS RATES

If rates climb to 8%, your payment grows by ~AED 224/mo.

V · COMPARABLES

BINGHATTI CANAL · 2BR · ACTIVE

VALUE · 3 COMPS

VALUE HEADLINE

AED 106 /sqft-93%

vs area median AED 1,499 /sqft · 2 comps

RANK

1 / 3

CHEAPEST QUARTILE

OUR TAKE

★ Underpriced

PRICE × SIZE · DROP-WEIGHTED

DOT SIZE = DROP %

AED / SQFT · DISTRIBUTION

BREAKDOWN · 2 LISTINGS

MORE EXPENSIVE /SQFT

100% of comps

CHEAPER /SQFT

See table

MEDIAN DOM

this listing: 0d

NEW THIS WEEK

Fresh inventory

ListingPriceSizeAED/sqftDrop %DOMΔ vs this

This listingThisAED 220K2,068106—0d—Luxury Living | Private Pool | Multiple ChequesAED 250K2,031123—0d+16%Luxury Living | Private Pool| Under RenovationAED 3.10M2,0681,499—0d+1314%

TAKEAWAYOf 2 comparables, 2 are more expensive per sqft.

Unlock all comparables · AED 199 / mo

Scatter · distribution · full table · CSV export

VI · AREA INTEL

BINGHATTI CANAL · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

No coordinates for this area yet.

AREA PULSE · 30D

SLOWING

↓ 145↓423 vs last 30d

drops detected · UAE-wide

MEDIAN PRICE · ACTIVE

AED 250KThis: AED 220K · -12%

AVG DOM

25d

THIS: 35D · +10D

ACTIVE COMPS

listings in segment

SIMILAR INVENTORY

Browse drops in Binghatti Canal

Browse

VII · TRUST & ACTION

DATA ATTESTED · 08 AUG, 16:40

THIS IS THE MOMENT

SOURCE & CONFIDENCE

90%HIGH

Source

PropertyFinder

Ref · PF-KpHV-AR-129666

Last verified

…

08 Aug, 16:40

Freshness

3× daily

8h scan window

Method

Direct scrape

Reference-keyed

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Sourced & verified by UAEDrops. Independent — we don't accept agency listings.

2BR PENTHOUSE BINGHATTI CANAL

WHY THIS IS A DEAL

MORTGAGE · RENT · BREAK-EVEN

VALUE · 3 COMPS

GEOGRAPHY · PULSE · VELOCITY

THIS IS THE MOMENT

SIMILAR OPPORTUNITIES