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PENTHOUSE UPGRADED · MARINA VIEW

4BR + 3BA · 3,172 sqft

▼ −4.8%Verified 2h ago

Now

AED 400K

was 420K−20K · −4.8%
Open on PropertyFinder

1-day history

AED 126

Price / sqft

−5% vs area median

3,172 sqft

Built-up area

4BR + 3BA

91d

On market

vs 7d median

AED 2,062

Mortgage est.

25y · 6% · 20% down

🔄Relisted — this listing was removed and reappeared (last: 24 May)
II · THE THESIS
DEAL SCORE 39 / 100

WHY THIS IS A DEAL

01
HEADLINE · COMPOSITE
39/ 100
Fair deal

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

SCORE BREAKDOWN · 39 PTS
8
9
3
9
10
Drop % 8/35
Negotiability 9/25
Below median 3/20
Confidence 9/10
Relist signal 10/10

Below — the four signals that built this composite. Free-tier shows the headline only; Insider unlocks the underlying evidence.

02
MOTIVATION · 35
35
1 cut · 91d on market · Price evidence ↓
ListedD0−5%D55+55d
VELOCITY MEDIUM·LATEST CUT −5%
03
NEGOTIABILITY · MODERATE
MODERATE
Suggested offer AED 372K – AED 388K. Request a callback ↓
ASKSUGGESTED OFFERAED 388KAED 372KAED 400Klow AED 300K
BASED ON · MOTIVATION · CUT COUNT · TIME ON MARKET · TOTAL REDUCTION
04
BELOW MEDIAN · −5%
−5%
AED 126/sqft vs area median 131/sqft. See 11 comps ↓
MINMEDIANMAXAED 126/SQFT
11 ACTIVE COMPS IN ELITE RESIDENCE

Motivation · Negotiability · Below median · Every section below

INPUTS
4 signals + relist
WEIGHTS
Drop 35 · Neg 25 · Med 20 · Conf 10 · Relist 10
COMPS
11 comps · 2h fresh
OFFER BAND
±4% confidence
BENCHMARK
Elite Residence, last 180d
REFRESH
Hourly
III · THE EVIDENCE
1 CUT · −4.8% · −-20K

PRICE ACTION · 55 DAYS

PRICE / TIME
Y: AED · X: days since listed · Envelope: median ±8%
AEDUSDEUR
0.4M0.4M0.4M0.4MAREA MEDIAN · 0.4M−5%
AskingArea median 0.4MExpected rangeCut event
CUT-BY-CUT · 1 EVENT
D55
was AED 420K → AED 400K
55d after listing
−4.8%
-AED 20K
TOTAL · 55D
−4.8%
-AED 20K
NARRATIVESingle cut of 4.8% — early signal that the seller is testing the market.
Unlock the price history · AED 199 / mo

Every cut event · area median overlay · CSV export

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 2K−AED 103 / mo

vs AED 2K at pre-drop price (AED 420K) · See cuts ↓

DOWN PAYMENT
AED 80K
20% of price
DLD FEE
AED 16K
4% of price
MORTGAGE REG
AED 1K
0.25% loan + 290
CASH TO CLOSE
AED 97K
Day-one out-of-pocket
LOAN AMOUNT
AED 320K
25y · 6.00%
TOTAL INTEREST
AED 299K
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 2K
/ mo · ~6% gross yield
BUY · NOW
AED 2K
−AED 38 / mo
0y10y

Buying beats renting after 37.2 years at the current price.

STRESS TEST
AT VARIOUS RATES
1.7k2.1k2.5k4%5%6%7%8%AED / MO

If rates climb to 8%, your payment grows by ~AED 408/mo.

V · COMPARABLES
ELITE RESIDENCE · 4BR · ACTIVE

VALUE · 10 COMPS

VALUE HEADLINE
AED 126 /sqft-4%

vs area median AED 131 /sqft · 9 comps

RANK
4 / 10
MID/HIGH RANGE
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %
0.4M6.5M12.6M3,0134,7866,558SIZE · SQFTPRICE · AED M
AED / SQFT · DISTRIBUTION
MEDIANTHIS · 126721,920
BREAKDOWN · 9 LISTINGS
MORE EXPENSIVE /SQFT
5
56% of comps
CHEAPER /SQFT
4
See table
MEDIAN DOM
0d
this listing: 55d
NEW THIS WEEK
9
Fresh inventory
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThisAED 400K3,172126—55d—Private Pool | Huge Layout | Palm ViewAED 450K6,24672—0d-43%01 Layout | Penthouse | Full Sea view | FurnishedAED 390K3,211121—0d-4%SEA | MARINA VIEW | MULTIPLE OPTION AVAILABLEAED 400K3,211125—0d-1%Sea View | Vacant Now | Best PriceAED 399K3,172126—0d0%Luxury Penthouse| High Floor| Sea and Marina ViewsAED 420K3,211131—0d+4%
TAKEAWAYOf 9 comparables, 5 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
ELITE RESIDENCE · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

No coordinates for this area yet.
AREA PULSE · 30D
BUYER'S MARKET
↑ 1154↑345 vs last 30d

drops detected · UAE-wide

MEDIAN PRICE · ACTIVE
AED 420KThis: AED 400K · -5%
MINMEDIANMAX
AVG DOM
7d
THIS: 91D · +84D
ACTIVE COMPS
11
listings in segment
SIMILAR INVENTORY
Browse drops in Elite Residence
Browse
VII · TRUST & ACTION
DATA ATTESTED · 24 MAY, 03:33 PM

THIS IS THE MOMENT

SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref · SUP168054
Last verified
2h ago
24 May, 03:33 PM
Freshness
Hourly
2h scan window
Method
Direct scrape
Reference-keyed
VERIFIED SPECIALISTS

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Sourced & verified by UAEDrops. Independent — we don't accept agency listings.

VIII · NEXT BEST
4 ACTIVE IN ELITE RESIDENCE · RANKED BY RECENCY

SIMILAR OPPORTUNITIES

−7%SCORE 62
Luxury 4BR Penthouse | Marina Skyline Views
PENTHOUSE · DAMAC HEIGHTS
AED 350K
AED 375K
PRICE TRAJECTORY
−23%SCORE 77
Fully Upgraded-Furnished Apt | Creek View | Vacant
PENTHOUSE · PALACE RESIDENCES
AED 500K
AED 650K
PRICE TRAJECTORY
SCORE 25
Superb location penthouse 3bhk+separate Maids room
PENTHOUSE · AL SATWA
AED 275K
ACTIVE LISTING
SCORE 25
Luxury 4+maid Penthouse | Sea View | Vacant
PENTHOUSE · ELITE RESIDENCE
AED 425K
ACTIVE LISTING
Browse all drops in real estate →
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