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Scanning the UAE market

BackBIR-24-5765

SEA VIEWS FURNISHED · VACANT

2BR + 2BA · 1,188 sqft

Verified 55m ago

Now

AED 139K

Open on PropertyFinder

AED 117

Price / sqft

−53% vs area median

1,188 sqft

Built-up area

2BR + 2BA

70d

On market

vs 11d median

AED 716

Mortgage est.

25y · 6% · 20% down

II · THE THESIS
DEAL SCORE PENDING

WHY THIS IS A DEAL

01
HEADLINE · COMPOSITE

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

SCORE BREAKDOWN

Awaiting first price event to compute score.

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

04
BELOW MEDIAN · −53%
−53%
AED 117/sqft vs area median 134/sqft. See 8 comps ↓
MINMEDIANMAXAED 117/SQFT
8 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
8 comps · 2h fresh
OFFER BAND
±4% confidence
BENCHMARK
Princess Tower, 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 716

vs AED 716 at pre-drop price (AED 139K) · See cuts ↓

DOWN PAYMENT
AED 28K
20% of price
DLD FEE
AED 6K
4% of price
MORTGAGE REG
AED 568
0.25% loan + 290
CASH TO CLOSE
AED 34K
Day-one out-of-pocket
LOAN AMOUNT
AED 111K
25y · 6.00%
TOTAL INTEREST
AED 104K
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 1K
/ mo · ~6% gross yield
BUY · NOW
AED 716
−AED 759 / mo
0y10y

Buying beats renting after 0.7 years at the current price.

STRESS TEST
AT VARIOUS RATES
0.6k0.7k0.9k4%5%6%7%8%AED / MO

If rates climb to 8%, your payment grows by ~AED 142/mo.

V · COMPARABLES
PRINCESS TOWER · 2BR · ACTIVE

VALUE · 5 COMPS

VALUE HEADLINE
AED 117 /sqft-13%

vs area median AED 134 /sqft · 4 comps

RANK
3 / 5
MID/HIGH RANGE
OUR TAKE
★ Underpriced
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %
0.1M1.8M3.6M8771,4962,115SIZE · SQFTPRICE · AED M
AED / SQFT · DISTRIBUTION
MEDIANTHIS · 1171001,688
BREAKDOWN · 4 LISTINGS
MORE EXPENSIVE /SQFT
2
50% of comps
CHEAPER /SQFT
2
See table
MEDIAN DOM
17d
this listing: 17d
NEW THIS WEEK
2
Fresh inventory
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThisAED 139K1,188117—17d—Sea Views | Spacious Layout | VacantAED 92K923100—17d-15%High Floor | Fully Upgraded | Fully Palm ViewAED 135K1,181114−10.0%44d-3%Exclusive | Fully Upgraded | Full Palm ViewAED 270K2,008134−8.5%4d+15%3BR + Maid | Sea View | UnfurnishedAED 3.40M2,0141,688—2d+1343%
TAKEAWAYOf 4 comparables, 2 are more expensive per sqft. The 2 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
PRINCESS TOWER · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

No coordinates for this area yet.
AREA PULSE · 30D
BUYER'S MARKET
↑ 1158↑349 vs last 30d

drops detected · UAE-wide

MEDIAN PRICE · ACTIVE
AED 295KThis: AED 139K · -53%
MINMEDIANMAX
AVG DOM
11d
THIS: 70D · +59D
ACTIVE COMPS
8
listings in segment
SIMILAR INVENTORY
Browse drops in Princess Tower
Browse
VII · TRUST & ACTION
DATA ATTESTED · 24 MAY, 07:41 PM

THIS IS THE MOMENT

SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref · BIR-24-5765
Last verified
55m ago
24 May, 07:41 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 PRINCESS TOWER · RANKED BY RECENCY

SIMILAR OPPORTUNITIES

−4%SCORE 41
High Floor | Community View | Next to Metro
APARTMENT · AVENUE RESIDENCE 4
AED 82K
AED 85K
ACTIVE LISTING
SCORE 25
Brand New | Fully Furnished with Appliances
APARTMENT · DISTRICT 16
AED 52K
ACTIVE LISTING
SCORE 25
High Floor I Spacious Unit I Furnished
APARTMENT · SABA TOWER 2
AED 85K
ACTIVE LISTING
SCORE 25
Bright and Expansive | Furnished Unit | Now Ready
APARTMENT · CITY WALK RESIDENTIAL
AED 500K
ACTIVE LISTING
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