Drops · Realestate · Abu Dhabi · Corniche RoadBackWT71926M1

2BR APARTMENT BURJ MOHAMMED BIN RASHID AT WTC

2BR + 3BA · 1,200 sqft · Burj Mohammed Bin Rashid at WTC

Verified 4h ago

Now

AED 118K

Open on PropertyFinder

AED 98

Price / sqft

−2% vs area median

1,200 sqft

Built-up area

2BR + 3BA

20d

On market

vs 17d median

AED 608

Mortgage est.

25y · 6% · 20% down

II · THE THESIS

DEAL SCORE PENDING

WHY THIS IS A DEAL

BOTTOM LINE

because listed 20 days ago and priced 2% below comparable Corniche Road 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 · −2%

−2%

AED 98/sqft vs area median 82/sqft. See 12 comps ↓

12 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

12 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 604

/ mo · ~6% gross yield

BUY · NOW

AED 608

+AED 4 / 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

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

V · COMPARABLES

CORNICHE ROAD · 2BR · ACTIVE

VALUE · 12 COMPS

VALUE HEADLINE

AED 98 /sqft+20%

vs area median AED 82 /sqft · 11 comps

RANK

12 / 12

MID/HIGH RANGE

PRICE × SIZE · DROP-WEIGHTED

DOT SIZE = DROP %

AED / SQFT · DISTRIBUTION

BREAKDOWN · 11 LISTINGS

MORE EXPENSIVE /SQFT

0% of comps

CHEAPER /SQFT

See table

MEDIAN DOM

this listing: 0d

NEW THIS WEEK

Fresh inventory

ListingPriceSizeAED/sqftDrop %DOMΔ vs this

TAKEAWAYOf 11 comparables, 0 are more expensive per sqft. The 11 cheaper ones are a mix of smaller units and older buildings.

Unlock all comparables · AED 199 / mo

Scatter · distribution · full table · CSV export

2BR APARTMENT BURJ MOHAMMED BIN RASHID AT WTC

WHY THIS IS A DEAL

MORTGAGE · RENT · BREAK-EVEN

VALUE · 12 COMPS

GEOGRAPHY · PULSE · VELOCITY

THIS IS THE MOMENT

SIMILAR OPPORTUNITIES