Drops · Realestate · Dubai · The SpiritBack6V7G5QCG240X8560CF6YWDNH3G

APARTMENT THE SPIRIT

662 sqft

Rent · per year▼ −2.0%Verified 7d ago

Rent · now

AED 49K/ yr

was 50K−1K · −2.0%

9-day history

Open on PropertyFinder

9-day history

II · THE THESIS

DEAL SCORE 32 / 100

WHY THIS IS A DEAL

BOTTOM LINE

Scored 32/100 (Fair deal) because seller has made 1 cut since listing 9d ago and priced 22% below comparable The Spirit listings. A fair offer band sits AED 46K–AED 48K.

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

HEADLINE · COMPOSITE

Fair deal

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

SCORE BREAKDOWN · 32 PTS

Drop % 4/35

Negotiability 4/25

Below median 15/20

Confidence 9/10

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

MOTIVATION · 20

1 cut · 9d on market · Price evidence ↓

VELOCITY LOW·MOST RECENT CUT −2%

NEGOTIABILITY · LOW

LOW

Suggested offer AED 46K – AED 48K. Find a specialist ↓

BASED ON · MOTIVATION · CUT COUNT · TIME ON MARKET · TOTAL REDUCTION

BELOW MEDIAN · −22%

−22%

AED 74/sqft vs area median 86/sqft. See 3 comps ↓

3 ACTIVE COMPS IN THE SPIRIT

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 · 3× daily

OFFER BAND

−7% … −3% vs asking

BENCHMARK

The Spirit, last 180d

REFRESH

3× daily

III · THE EVIDENCE

1 CUT · −2.0% · −-1K

PRICE ACTION · 0 DAYS

PRICE / TIME

Y: AED · X: days since listed · Envelope: median ±8%

AED USD EUR

AskingArea median 0.1MExpected rangeCut event

CUT-BY-CUT · 1 EVENT

was AED 50K → AED 49K

0d after listing

−2.0%

-AED 1K

TOTAL · 0D

−2.0%

-AED 1K

NARRATIVESingle cut of 2.0% — early signal that the seller is testing the market.

Unlock the price history · AED 199 / mo

Every cut event · area median overlay · CSV export

V · COMPARABLES

THE SPIRIT · ACTIVE

VALUE · 3 COMPS

VALUE HEADLINE

AED 74 /sqft-14%

vs area median AED 86 /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: —

NEW THIS WEEK

—

Last 7 days

ListingPriceSizeAED/sqftDrop %DOMΔ vs this

This listingThisAED 49K66274———Stylish 1BDR I Bus Stop in Front I Good Lay outAED 63K75284——+14%Spacious Fully Furnished 1BR|Spirit Tower| AED 68kAED 68K79586——+16%

TAKEAWAYOf 2 comparables, 2 are more expensive per sqft.

Unlock all comparables · AED 199 / mo

Scatter · distribution · full table · CSV export

VI · AREA INTEL

THE SPIRIT · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

AREA PULSE · 30D

BUYER'S MARKET

↑ 1↑1 vs prior 30d

PRICE CUTS · THE SPIRIT · PROPERTY · 0 PRIOR 30D

MEDIAN PRICE · ACTIVE

AED 63KThis: AED 49K · -22%

AVG DOM

THIS: 9D · −0D

ACTIVE COMPS

listings in segment

SIMILAR INVENTORY

Browse drops in The Spirit

Browse

VII · TRUST & ACTION

DATA ATTESTED · 21 AUG, 08:48

THIS IS THE MOMENT

SOURCE & CONFIDENCE

90%HIGH

Source

PropertyFinder

Ref · 6V7G5QCG240X8560CF6YWDNH3G

Last verified

…

21 Aug, 08:48

Freshness

3× daily

8h scan window

Method

Direct scrape

Reference-keyed

VERIFIED SPECIALISTS

No verified specialist for this areayet — leave your number and we'll connect you.

Browse verified specialists

SAVE & SHARE

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