Drops ยท Realestate ยท Dubai ยท La RivieraBackB50CF3CD-AA88-4CBE-872F-FCFC1CEFD513
2-BED APARTMENT LA RIVIERA
2BR + 2BA ยท 982 sqft
Verified 8h ago
Now
AED 1.45M
AED 1,477
Price / sqft
982 sqft
Built-up area
2BR + 2BA
14d
On market
AED 7,474
Mortgage est.
25y ยท 6% ยท 20% down
II ยท THE THESIS
DEAL SCORE PENDINGWHY THIS IS A DEAL
01
HEADLINE ยท COMPOSITE
SCORE BREAKDOWN
Awaiting first price event to compute score.
Insider unlocks the four evidence rows below.
Motivation ยท Negotiability ยท Below median ยท Every section below
INPUTS
4 signals + relist
WEIGHTS
Drop 35 ยท Neg 25 ยท Med 20 ยท Conf 10 ยท Relist 10
COMPS
Active comps refreshed 3ร daily
BENCHMARK
La Riviera, last 180d
REFRESH
3ร daily
IV ยท CASHFLOW
UAE CB GUIDELINES ยท YOUR ASSUMPTIONSMORTGAGE ยท RENT ยท BREAK-EVEN
YOUR ASSUMPTIONS
Down payment20%
15%40%
Interest rate6.00%
3.50%8.00%
Term25 yr
15 yr30 yr
UAE CB caps ยท 25-yr tenor ยท 80% LTV on a first home โค AED 5M ยท rates vary by bank โ drag the sliders
MONTHLY ยท NOW
AED 7K
vs AED 7K at pre-drop price (AED 1.45M) ยท See cuts โ
DOWN PAYMENT
AED 290K
20% of price
DLD FEE
AED 58K
4% of price
MORTGAGE REG
AED 3K
0.25% loan + 290
CASH TO CLOSE
AED 351K
Day-one out-of-pocket
LOAN AMOUNT
AED 1.16M
25y ยท 6.00%
TOTAL INTEREST
AED 1.08M
Over full term
RENT VS BUY
RENT ยท ESTIMATE
AED 7K
/ mo ยท ~6% gross yield
BUY ยท NOW
AED 7K
+AED 224 / mo
Your monthly cost is already higher than the rent estimate โ 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 1K/mo.
V ยท COMPARABLES
LA RIVIERA ยท 2BR ยท ACTIVEVALUE ยท 2 COMPS
VALUE HEADLINE
AED 1,477 /sqft+11%
vs area median AED 1,330 /sqft ยท 1 comps
RANK
2 / 2
MID/HIGH RANGE
AED / SQFT ยท DISTRIBUTION
BREAKDOWN ยท 1 LISTINGS
MORE EXPENSIVE /SQFT
0
0% of comps
CHEAPER /SQFT
1
See table
MEDIAN DOM
โ
this listing: โ
NEW THIS WEEK
โ
Last 7 days
ListingPriceSizeAED/sqftDrop %DOMฮ vs this
This listingThisAED 1.45M9821,477โโโHigh Floor ยท Vacant ยท Skyline ViewAED 1.53M1,1501,330โโ-10%TAKEAWAYOf 1 comparables, 0 are more expensive per sqft. The 1 cheaper one is a mix of smaller units and older buildings.
Unlock all comparables ยท AED 199 / mo
Scatter ยท distribution ยท full table ยท CSV export
VII ยท TRUST & ACTION
DATA ATTESTEDTHIS IS THE MOMENT
SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref ยท b50cf3cd-aa88-4cbe-872f-fcfc1cefd513
Last verified
โฆ
19 Oct, 20:54
Freshness
3ร daily
8h scan window
Method
Direct scrape
Reference-keyed
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