1-BED APARTMENT CANAL RESIDENCE
1BR + 2BA · 969 sqft · Canal Residence
Now
AED 1.75M
AED 1,806
Price / sqft
−30% vs area median
969 sqft
Built-up area
1BR + 2BA
24d
On market
vs 113d median
AED 9,020
Mortgage est.
25y · 6% · 20% down
WHY THIS IS A DEAL
Listed 24 days ago and priced 30% 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 9K at pre-drop price (AED 1.75M) · 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 · 46 COMPS
vs area median AED 1,598 /sqft · 45 comps
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