2-BED APARTMENT CANAL RESIDENCE
2BR + 3BA · 1,125 sqft · Canal Residence
Now
AED 2.35M
AED 2,089
Price / sqft
−6% vs area median
1,125 sqft
Built-up area
2BR + 3BA
51d
On market
vs 113d median
AED 12,113
Mortgage est.
25y · 6% · 20% down
WHY THIS IS A DEAL
Listed 51 days ago and priced 6% below comparable Al Reem Island listings.
Awaiting first price event to compute score.
Insider unlocks the four evidence rows below.
Motivation · Negotiability · Below median · Every section below
MORTGAGE · RENT · BREAK-EVEN
vs AED 12K at pre-drop price (AED 2.35M) · See cuts ↓
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.
If rates climb to 8%, your payment grows by ~AED 2K/mo.
VALUE · 18 COMPS
vs area median AED 1,589 /sqft · 17 comps
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