VACANT NOW BEST PRICE · GREAT INVESTMENT
2BR + 2BA · 958 sqft
▼ −6.7%Verified 8d ago
38-day history
AED 2,035
Price / sqft
958 sqft
Built-up area
2BR + 2BA
81d
On market
USD 10,051
Mortgage est.
25y · 6% · 20% down
🔄Relisted — this listing was removed and reappeared (last: 22 Apr)
II · THE THESIS
DEAL SCORE 41 / 100WHY THIS IS A DEAL
01
HEADLINE · COMPOSITE
Good opportunity
Composite of price drop, motivation, area position, and data confidence.
SCORE BREAKDOWN · 41 PTS
12
10
9
10
Drop % 12/35
Negotiability 10/25
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.
03
BASED ON · MOTIVATION · CUT COUNT · TIME ON MARKET · TOTAL REDUCTION
Motivation · Negotiability · Below median · Every section below
INPUTS
4 signals + relist
WEIGHTS
Drop 35 · Neg 25 · Med 20 · Conf 10 · Relist 10
COMPS
Active comps refreshed hourly
OFFER BAND
±4% confidence
BENCHMARK
Park Heights 2 Tow, last 180d
REFRESH
Hourly
III · THE EVIDENCE
1 CUT · −6.7% · −-$38KPRICE ACTION · 23 DAYS
AskingExpected rangeCut event
CUT-BY-CUT · 1 EVENT
D23
was $569K → $531K
23d after listing
−6.7%
-$38K
TOTAL · 23D
−6.7%
-$38K
NARRATIVESingle cut of 6.7% — 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 ASSUMPTIONSMORTGAGE · 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
$3K−$197 / mo
vs $3K at pre-drop price ($569K) · See cuts ↓
DOWN PAYMENT
$106K
20% of price
DLD FEE
$21K
4% of price
MORTGAGE REG
$1K
0.25% loan + 290
CASH TO CLOSE
$129K
Day-one out-of-pocket
LOAN AMOUNT
$425K
25y · 6.00%
TOTAL INTEREST
$396K
Over full term
STRESS TEST
AT VARIOUS RATESIf rates climb to 8%, your payment grows by ~$542/mo.
V · COMPARABLES
PARK HEIGHTS 2 TOWER 2 · 2BR · ACTIVEVALUE · 3 COMPS
VALUE HEADLINE
AED 2,035 /sqft-92%
vs area median AED 24,198 /sqft · 2 comps
RANK
1 / 3
CHEAPEST QUARTILE
OUR TAKE
★ UnderpricedPRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %AED / SQFT · DISTRIBUTION
BREAKDOWN · 2 LISTINGS
MORE EXPENSIVE /SQFT
1
50% of comps
CHEAPER /SQFT
1
See table
MEDIAN DOM
25d
this listing: 61d
NEW THIS WEEK
1
Fresh inventory
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThis$531K9582,035—61d—Vacant Now | Best Price | Great Investment$531K9582,035—3d0%High Floor | Boulevard View | Investment$395K6024,198—25d+1089%TAKEAWAYOf 2 comparables, 1 are more expensive per sqft. The 1 cheaper one is a mix of smaller units and older buildings.
Unlock all comparables · AED 199 / mo
Scatter · distribution · full table · CSV export
VII · TRUST & ACTION
DATA ATTESTED · 22 MAY, 12:02THIS IS THE MOMENT
SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref · L-181210
Last verified
8d ago
22 May, 12:02
Freshness
Hourly
2h scan window
Method
Direct scrape
Reference-keyed
VERIFIED SPECIALISTS
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