Drops · Realestate · Abu Dhabi · Masdar CityBackALMIRA-2016-6
STUDIO LEONARDO RESIDENCES
399 sqft · Leonardo Residences
Verified 2d ago
Now
AED 800K
AED 2,005
Price / sqft
−14% vs area median
399 sqft
Built-up area
11d
On market
AED 4,124
Mortgage est.
25y · 6% · 20% down
II · THE THESIS
DEAL SCORE PENDINGWHY THIS IS A DEAL
BOTTOM LINE
Listed 11 days ago and priced 14% below comparable Masdar City listings.
01
HEADLINE · COMPOSITE
SCORE BREAKDOWN
Awaiting first price event to compute score.
Insider unlocks the four evidence rows below.
04
14 ACTIVE COMPS IN MASDAR CITY
Motivation · Negotiability · Below median · Every section below
INPUTS
4 signals + relist
WEIGHTS
Drop 35 · Neg 25 · Med 20 · Conf 10 · Relist 10
COMPS
14 comps · 3× daily
BENCHMARK
Masdar City, last 180d
REFRESH
3× daily
IV · CASHFLOW
UAE CB GUIDELINES · YOUR ASSUMPTIONSMORTGAGE · RENT · BREAK-EVEN
YOUR ASSUMPTIONS
Down payment20%
15%40%
Interest rate6.00%
3.50%8.00%
Term25 yr
15 yr30 yr
UAE CB caps · 25-yr tenor · 80% LTV on a first home ≤ AED 5M · rates vary by bank — drag the sliders
MONTHLY · NOW
AED 4K
vs AED 4K at pre-drop price (AED 800K) · See cuts ↓
DOWN PAYMENT
AED 160K
20% of price
DLD FEE
AED 32K
4% of price
MORTGAGE REG
AED 2K
0.25% loan + 290
CASH TO CLOSE
AED 194K
Day-one out-of-pocket
LOAN AMOUNT
AED 640K
25y · 6.00%
TOTAL INTEREST
AED 597K
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 4K
/ mo · ~6% gross yield
BUY · NOW
AED 4K
+AED 124 / 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 RATESIf rates climb to 8%, your payment grows by ~AED 816/mo.
V · COMPARABLES
MASDAR CITY · ACTIVEVALUE · 10 COMPS
VALUE HEADLINE
AED 2,005 /sqft-4%
vs area median AED 2,094 /sqft · 9 comps
RANK
4 / 10
MID/HIGH RANGE
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %AED / SQFT · DISTRIBUTION
BREAKDOWN · 9 LISTINGS
MORE EXPENSIVE /SQFT
6
67% of comps
CHEAPER /SQFT
3
See table
MEDIAN DOM
—
this listing: —
NEW THIS WEEK
—
Last 7 days
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThisAED 800K3992,005———Fully FurnishedAED 1.20M6761,775——-11%Hot Deal!!! | Best Price | Stunning View | High ROIAED 850K4581,856——-7%Open View · High Floor · Balcony · Fully FurnishedAED 900K4681,923——-4%Open View · Ready To Move · Cozy LivingAED 980K4692,090——+4%Fully FurnishedAED 850K4062,094——+4%TAKEAWAYOf 9 comparables, 6 are more expensive per sqft. The 3 cheaper ones are a mix of smaller units and older buildings.
Unlock all comparables · AED 199 / mo
Scatter · distribution · full table · CSV export
VI · AREA INTEL
MASDAR CITY · ACTIVE COMPS