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BackBH-R-223764

HIGH FLOOR FULLY FURNISHED · SEA VIEW

2BR + 3BA · 1,765 sqft

▼ −20.0%Verified 66d ago

Now

$33K

was $41K−$8K · −20.0%
Open on PropertyFinder

68-day history

AED 68

Price / sqft

−63% vs area median

1,765 sqft

Built-up area

2BR + 3BA

87d

On market

vs 10d median

USD 619

Mortgage est.

25y · 6% · 20% down

II · THE THESIS
DEAL SCORE 78 / 100

WHY THIS IS A DEAL

01
HEADLINE · COMPOSITE
78/ 100
Great deal

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

SCORE BREAKDOWN · 78 PTS
35
14
20
9
Drop % 35/35
Negotiability 14/25
Below median 20/20
Confidence 9/10

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

02
MOTIVATION · 45
45
1 cut · 87d on market · Price evidence ↓
ListedD0−20%D9+9d
VELOCITY MEDIUM·LATEST CUT −20%
03
NEGOTIABILITY · HIGH
HIGH
Suggested offer $29K – $31K. Request a callback ↓
ASKSUGGESTED OFFER$31K$29K$33Klow $25K
BASED ON · MOTIVATION · CUT COUNT · TIME ON MARKET · TOTAL REDUCTION
04
BELOW MEDIAN · −63%
−63%
AED 68/sqft vs area median 117/sqft. See 9 comps ↓
MINMEDIANMAXAED 68/SQFT
9 ACTIVE COMPS IN PRINCESS TOWER

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
Princess Tower, last 180d
REFRESH
Hourly
III · THE EVIDENCE
1 CUT · −20.0% · −-$8K

PRICE ACTION · 9 DAYS

PRICE / TIME
Y: AED · X: days since listed · Envelope: median ±8%
AEDUSDEUR
0.1M0.2M0.3M0.3MAREA MEDIAN · 0.3M−20%
AskingArea median 0.3MExpected rangeCut event
CUT-BY-CUT · 1 EVENT
D9
was $41K → $33K
9d after listing
−20.0%
-$8K
TOTAL · 9D
−20.0%
-$8K
NARRATIVESingle cut of 20.0% — 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
$169−$42 / mo

vs $210 at pre-drop price ($41K) · See cuts ↓

DOWN PAYMENT
$7K
20% of price
DLD FEE
$1K
4% of price
MORTGAGE REG
$144
0.25% loan + 290
CASH TO CLOSE
$8K
Day-one out-of-pocket
LOAN AMOUNT
$26K
25y · 6.00%
TOTAL INTEREST
$24K
Over full term
RENT VS BUY
RENT · ESTIMATE
$436
/ mo · ~6% gross yield
BUY · NOW
$169
−$267 / mo
0y10y

Buying beats renting after 0.5 years at the current price.

STRESS TEST
AT VARIOUS RATES
0.5k0.6k0.7k4%5%6%7%8%AED / MO

If rates climb to 8%, your payment grows by ~$33/mo.

V · COMPARABLES
PRINCESS TOWER · 2BR · ACTIVE

VALUE · 6 COMPS

VALUE HEADLINE
AED 68 /sqft-42%

vs area median AED 117 /sqft · 5 comps

RANK
1 / 6
CHEAPEST QUARTILE
OUR TAKE
★ Underpriced
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %
0.1M1.8M3.6M8761,4952,115SIZE · SQFTPRICE · AED M
AED / SQFT · DISTRIBUTION
MEDIANTHIS · 68681,688
BREAKDOWN · 5 LISTINGS
MORE EXPENSIVE /SQFT
5
100% of comps
CHEAPER /SQFT
0
See table
MEDIAN DOM
10d
this listing: 77d
NEW THIS WEEK
1
Fresh inventory
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThis$33K1,76568—77d—Vacant Soon | Marina Living | Spacious$23K92292—5d+35%Sea Views | Spacious Layout | Vacant$25K923100—22d+47%Sea Views | Furnished | Vacant$38K1,188117—22d+72%Exclusive | Fully Upgraded | Full Palm View$74K2,008134−8.5%10d+97%3BR + Maid | Sea View | Unfurnished$926K2,0141,688—8d+2382%
TAKEAWAYOf 5 comparables, 5 are more expensive per sqft.
Unlock all comparables · AED 199 / mo

Scatter · distribution · full table · CSV export

VI · AREA INTEL
PRINCESS TOWER · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

No coordinates for this area yet.
AREA PULSE · 30D
BUYER'S MARKET
↑ 1860↑1051 vs last 30d

drops detected · UAE-wide

MEDIAN PRICE · ACTIVE
$87KThis: $33K · -62%
MINMEDIANMAX
AVG DOM
10d
THIS: 87D · +77D
ACTIVE COMPS
9
listings in segment
SIMILAR INVENTORY
Browse drops in Princess Tower
Browse
VII · TRUST & ACTION
DATA ATTESTED · 25 MAR, 04:17

THIS IS THE MOMENT

SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref · BH-R-223764
Last verified
66d ago
25 Mar, 04:17
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 PRINCESS TOWER · RANKED BY RECENCY

SIMILAR OPPORTUNITIES

SCORE 25
Full Burj Khalifa View | Vacant | High Floor
APARTMENT · GRANDE
$60K
ACTIVE LISTING
SCORE 25
Spacious Apartment | Balcony | Beachside Living
APARTMENT · RIMAL 4
$29K
ACTIVE LISTING
SCORE 25
BRIGHT | STYLISH 1BR| SKYLINE VIEWS| HIGH FLOOR
APARTMENT · VIDA DUBAI MALL TOWER 1
$45K
ACTIVE LISTING
SCORE 25
High Floor | Upgraded | Fully Furnished
APARTMENT · LAKE POINT TOWER
$22K
ACTIVE LISTING
Browse all drops in real estate →
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