Drops · Realestate · Abu Dhabi · Lamar ResidencesBackBM-S-00000000000055
1-BED APARTMENT LAMAR RESIDENCES
1BR + 2BA · 877 sqft
Verified 8d ago
Now
AED 1.50M
AED 1,710
Price / sqft
−7% vs area median
877 sqft
Built-up area
1BR + 2BA
9d
On market
AED 7,732
Mortgage est.
25y · 6% · 20% down
II · THE THESIS
DEAL SCORE PENDINGWHY THIS IS A DEAL
BOTTOM LINE
Listed 9 days ago and priced 7% below comparable Lamar Residences listings.
01
HEADLINE · COMPOSITE
SCORE BREAKDOWN
Awaiting first price event to compute score.
Insider unlocks the four evidence rows below.
04
12 ACTIVE COMPS IN LAMAR RESIDENCES
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 · 3× daily
BENCHMARK
Lamar Residences, 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 8K
vs AED 8K at pre-drop price (AED 1.50M) · See cuts ↓
DOWN PAYMENT
AED 300K
20% of price
DLD FEE
AED 60K
4% of price
MORTGAGE REG
AED 3K
0.25% loan + 290
CASH TO CLOSE
AED 363K
Day-one out-of-pocket
LOAN AMOUNT
AED 1.20M
25y · 6.00%
TOTAL INTEREST
AED 1.12M
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 8K
/ mo · ~6% gross yield
BUY · NOW
AED 8K
+AED 232 / 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 2K/mo.
V · COMPARABLES
LAMAR RESIDENCES · 1BR · ACTIVEVALUE · 8 COMPS
VALUE HEADLINE
AED 1,710 /sqft+7%
vs area median AED 1,592 /sqft · 7 comps
RANK
7 / 8
MID/HIGH RANGE
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %AED / SQFT · DISTRIBUTION
BREAKDOWN · 7 LISTINGS
MORE EXPENSIVE /SQFT
1
14% of comps
CHEAPER /SQFT
6
See table
MEDIAN DOM
—
this listing: —
NEW THIS WEEK
—
Last 7 days
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThisAED 1.50M8771,710———Sea View 1BR · Lamar Residences · Multiple UnitsAED 1.45M9831,475——-14%1BR · Partial Sea ViewAED 1.47M9341,574——-8%1BR · Waterfront LifestyleAED 1.60M1,0051,592——-7%1 Bedroom + Study · City View · Al Raha BeachAED 1.59M1,0011,592——-7%Vacant · Free Agency Fee · Ready to Move InAED 1.50M9381,594——-7%TAKEAWAYOf 7 comparables, 1 are more expensive per sqft. The 6 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
LAMAR RESIDENCES · ACTIVE COMPS