Drops ยท Realestate ยท Dubai ยท Park Gate Residence 3BackS2TW78W09NGSN4EF5RW07EMQW4
2-BED APARTMENT PARK GATE RESIDENCE 3
2BR + 3BA ยท 1,632 sqft
โ
Golden VisaVerified 2h ago
Now
AED 2.95M
AED 1,808
Price / sqft
1,632 sqft
Built-up area
2BR + 3BA
18d
On market
AED 15,206
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
Park Gate Residenc, 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 15K
vs AED 15K at pre-drop price (AED 2.95M) ยท See cuts โ
DOWN PAYMENT
AED 590K
20% of price
DLD FEE
AED 118K
4% of price
MORTGAGE REG
AED 6K
0.25% loan + 290
CASH TO CLOSE
AED 714K
Day-one out-of-pocket
LOAN AMOUNT
AED 2.36M
25y ยท 6.00%
TOTAL INTEREST
AED 2.20M
Over full term
RENT VS BUY
RENT ยท ESTIMATE
AED 15K
/ mo ยท ~6% gross yield
BUY ยท NOW
AED 15K
+AED 456 / 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 3K/mo.
V ยท COMPARABLES
PARK GATE RESIDENCE 3 ยท 2BR ยท ACTIVEVALUE ยท 2 COMPS
VALUE HEADLINE
AED 1,808 /sqft+9%
vs area median AED 1,656 /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 2.95M1,6321,808โโโPrice to Sell I Vacant I with 2 parkingsAED 2.70M1,6301,656โโ-8%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 S2TW78W09NGSN4EF5RW07EMQW4
Last verified
โฆ
30 Oct, 04:32
Freshness
3ร daily
8h scan window
Method
Direct scrape
Reference-keyed
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