Drops · Realestate · Abu Dhabi · Al Reem IslandBackSH-272

2BR APARTMENT CANAL RESIDENCE

2BR + 3BA · 1,122 sqft · Canal Residence

Verified 19h ago

Now

AED 134K

Open on PropertyFinder

AED 119

Price / sqft

−28% vs area median

1,122 sqft

Built-up area

2BR + 3BA

182d

On market

vs 12d median

AED 691

Mortgage est.

25y · 6% · 20% down

II · THE THESIS

DEAL SCORE PENDING

WHY THIS IS A DEAL

BOTTOM LINE

because listed 182 days ago and priced 28% below comparable Al Reem Island listings.

All four signals + supporting evidence below. How do these scores work?

HEADLINE · COMPOSITE

Composite of price drop, motivation, area position, and data confidence.

SCORE BREAKDOWN

Awaiting first price event to compute score.

Free-tier shows the headline only. Insider unlocks the four detailed evidence rows below.

BELOW MEDIAN · −28%

−28%

AED 119/sqft vs area median 1,150/sqft. See 9 comps ↓

9 ACTIVE COMPS IN AL REEM ISLAND

Motivation · Negotiability · Below median · Every section below

INPUTS

4 signals + relist

WEIGHTS

Drop 35 · Neg 25 · Med 20 · Conf 10 · Relist 10

COMPS

9 comps · 2h fresh

OFFER BAND

±4% confidence

BENCHMARK

Al Reem Island, last 180d

REFRESH

Hourly

IV · CASHFLOW

UAE CB GUIDELINES · YOUR ASSUMPTIONS

MORTGAGE · RENT · BREAK-EVEN

YOUR ASSUMPTIONS

Down payment20%

15%40%

Interest rate6.00%

3.50%8.00%

Term25 yr

15 yr30 yr

UAE Central Bank caps residential mortgages at 25 years tenor and 80% LTV for residents on a first home (≤AED 5M). Drag the sliders to model your own assumptions — actual rates vary by bank and profile.

MONTHLY · NOW

AED 691

vs AED 691 at pre-drop price (AED 134K) · See cuts ↓

DOWN PAYMENT

AED 27K

20% of price

DLD FEE

AED 5K

4% of price

MORTGAGE REG

AED 558

0.25% loan + 290

CASH TO CLOSE

AED 33K

Day-one out-of-pocket

LOAN AMOUNT

AED 107K

25y · 6.00%

TOTAL INTEREST

AED 100K

Over full term

RENT VS BUY

RENT · ESTIMATE

AED 925

/ mo · ~6% gross yield

BUY · NOW

AED 691

−AED 234 / mo

0y10y

Buying beats renting after 2.1 years at the current price.

STRESS TEST

AT VARIOUS RATES

If rates climb to 8%, your payment grows by ~AED 137/mo.

V · COMPARABLES

AL REEM ISLAND · 2BR · ACTIVE

VALUE · 9 COMPS

VALUE HEADLINE

AED 119 /sqft-90%

vs area median AED 1,150 /sqft · 8 comps

RANK

5 / 9

MID/HIGH RANGE

OUR TAKE

★ Underpriced

PRICE × SIZE · DROP-WEIGHTED

DOT SIZE = DROP %

AED / SQFT · DISTRIBUTION

BREAKDOWN · 8 LISTINGS

MORE EXPENSIVE /SQFT

50% of comps

CHEAPER /SQFT

See table

MEDIAN DOM

this listing: 0d

NEW THIS WEEK

Fresh inventory

ListingPriceSizeAED/sqftDrop %DOMΔ vs this

This listingThisAED 134K1,122119—0d—| Commission Free | Live In The Lap Of Luxury |AED 180K1,85097—0d-18%0 Commission, Style, Class and SophisticationAED 185K1,852100—0d-16%1BR w/ Balcony | Prime Location | Ready To MoveAED 80K758106—0d-11%The Lifestyle You Have Dreamed AboutAED 200K1,878106—0d-11%Spacious| Bright Apartment | Ready to move inAED 87K761,150—0d+866%

TAKEAWAYOf 8 comparables, 4 are more expensive per sqft. The 4 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

AL REEM ISLAND · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

AREA PULSE · 30D

SLOWING

↓ 486↓552 vs last 30d

drops detected · UAE-wide

MEDIAN PRICE · ACTIVE

AED 185KThis: AED 134K · -28%

AVG DOM

12d

THIS: 182D · +170D

ACTIVE COMPS

listings in segment

SIMILAR INVENTORY

Browse drops in Al Reem Island

Browse

2BR APARTMENT CANAL RESIDENCE

WHY THIS IS A DEAL

MORTGAGE · RENT · BREAK-EVEN

VALUE · 9 COMPS

GEOGRAPHY · PULSE · VELOCITY

THIS IS THE MOMENT

SIMILAR OPPORTUNITIES