Drops ยท Realestate ยท Dubai ยท Continental TowerBackFK8W52ASEJS9AYF7DENCPSV2FM
2-BED APARTMENT CONTINENTAL TOWER
2BR + 4BA ยท 1,303 sqft
โ
Golden VisaVerified 2h ago
Now
AED 2.40M
AED 1,842
Price / sqft
1,303 sqft
Built-up area
2BR + 4BA
17d
On market
AED 12,371
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
Continental Tower, 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 12K
vs AED 12K at pre-drop price (AED 2.40M) ยท See cuts โ
DOWN PAYMENT
AED 480K
20% of price
DLD FEE
AED 96K
4% of price
MORTGAGE REG
AED 5K
0.25% loan + 290
CASH TO CLOSE
AED 581K
Day-one out-of-pocket
LOAN AMOUNT
AED 1.92M
25y ยท 6.00%
TOTAL INTEREST
AED 1.79M
Over full term
RENT VS BUY
RENT ยท ESTIMATE
AED 12K
/ mo ยท ~6% gross yield
BUY ยท NOW
AED 12K
+AED 371 / 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 2K/mo.
V ยท COMPARABLES
CONTINENTAL TOWER ยท 2BR ยท ACTIVEVALUE ยท 2 COMPS
VALUE HEADLINE
AED 1,842 /sqft+4%
vs area median AED 1,777 /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 2.40M1,3031,842โโโMARINA VIEW ยท VACANTAED 1.40M7881,777โโ-4%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
VI ยท AREA INTEL
CONTINENTAL TOWER ยท ACTIVE COMPSGEOGRAPHY ยท PULSE ยท VELOCITY
VII ยท TRUST & ACTION
DATA ATTESTEDTHIS IS THE MOMENT
SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref ยท FK8W52ASEJS9AYF7DENCPSV2FM
Last verified
โฆ
30 Oct, 04:31
Freshness
3ร daily
8h scan window
Method
Direct scrape
Reference-keyed
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