Drops ยท Realestate ยท Abu Dhabi ยท Mangrove PlaceBackEWZCVNPH7KCKYG6WD9QE5ZZPJG
2-BED APARTMENT MANGROVE PLACE
2BR + 3BA ยท 935 sqft
Verified 2h ago
Now
AED 1.50M
AED 1,604
Price / sqft
935 sqft
Built-up area
2BR + 3BA
0d
On market
AED 7,732
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
3 comps ยท 3ร daily
BENCHMARK
Mangrove Place, 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 8K
vs AED 8K at pre-drop price (AED 1.50M) ยท See cuts โ
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 ยท 6.00%
TOTAL INTEREST
AED 1.12M
Over full term
RENT VS BUY
RENT ยท ESTIMATE
AED 8K
/ mo ยท ~6% gross yield
BUY ยท NOW
AED 8K
+AED 232 / 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
MANGROVE PLACE ยท 2BR ยท ACTIVEVALUE ยท 3 COMPS
VALUE HEADLINE
AED 1,604 /sqft0%
vs area median AED 1,604 /sqft ยท 2 comps
RANK
2 / 3
MID/HIGH RANGE
PRICE ร SIZE ยท DROP-WEIGHTED
DOT SIZE = DROP %AED / SQFT ยท DISTRIBUTION
BREAKDOWN ยท 2 LISTINGS
MORE EXPENSIVE /SQFT
0
0% of comps
CHEAPER /SQFT
2
See table
MEDIAN DOM
โ
this listing: โ
NEW THIS WEEK
โ
Last 7 days
ListingPriceSizeAED/sqftDrop %DOMฮ vs this
This listingThisAED 1.50M9351,604โโโFurnished ยท 1BR+Balcony ยท Mangrove ViewsAED 1.22M7671,591โโ-1%Fully Furnished ยท Full Sea View ยท VacantAED 1.50M9351,604โโ0%TAKEAWAYOf 2 comparables, 0 are more expensive per sqft. The 2 cheaper ones are 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
MANGROVE PLACE ยท ACTIVE COMPSGEOGRAPHY ยท PULSE ยท VELOCITY
VII ยท TRUST & ACTION
DATA ATTESTEDTHIS IS THE MOMENT
SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref ยท EWZCVNPH7KCKYG6WD9QE5ZZPJG
Last verified
โฆ
01 Nov, 14:47
Freshness
3ร daily
8h scan window
Method
Direct scrape
Reference-keyed
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