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Scanning the UAE market

FULLY UPGRADED-FURNISHED APT CREEK VIEW · VACANT

4BR + 5BA · 2,363 sqft

▼ −23.1%Verified 2h ago

Now

$136K

was $177K$41K · −23.1%
Open on PropertyFinder

1-day history

AED 212

Price / sqft

−63% vs area median

2,363 sqft

Built-up area

4BR + 5BA

70d

On market

vs 15d median

USD 2,577

Mortgage est.

25y · 6% · 20% down

🔄Relisted — this listing was removed and reappeared (last: 24 May)
II · THE THESIS
DEAL SCORE 87 / 100

WHY THIS IS A DEAL

01
HEADLINE · COMPOSITE
87/ 100
Exceptional deal

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

SCORE BREAKDOWN · 87 PTS
35
13
20
9
10
Drop % 35/35
Negotiability 13/25
Below median 20/20
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 · 50
50
1 cut · 70d on market · Price evidence
ListedD0−23%D55+55d
VELOCITY MEDIUM·LATEST CUT −23%
03
NEGOTIABILITY · HIGH
HIGH
Suggested offer $120K $129K. Request a callback
ASKSUGGESTED OFFER$129K$120K$136Klow $102K
BASED ON · MOTIVATION · CUT COUNT · TIME ON MARKET · TOTAL REDUCTION
04
BELOW MEDIAN · −63%
−63%
AED 212/sqft vs area median 3,092/sqft. See 8 comps
MINMEDIANMAXAED 212/SQFT
8 ACTIVE COMPS IN PALACE RESIDENCES

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
Palace Residences, last 180d
REFRESH
Hourly
III · THE EVIDENCE
1 CUT · −23.1% · −-$41K

PRICE ACTION · 55 DAYS

PRICE / TIME
Y: AED · X: days since listed · Envelope: median ±8%
0.5M0.8M1.1M1.4MAREA MEDIAN · 1.3M−23%
AskingArea median 1.3MExpected rangeCut event
CUT-BY-CUT · 1 EVENT
D55
was $177K$136K
55d after listing
23.1%
-$41K
TOTAL · 55D
23.1%
-$41K
NARRATIVESingle cut of 23.1% — 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
$702$210 / mo

vs $912 at pre-drop price ($177K) · See cuts

DOWN PAYMENT
$27K
20% of price
DLD FEE
$5K
4% of price
MORTGAGE REG
$351
0.25% loan + 290
CASH TO CLOSE
$33K
Day-one out-of-pocket
LOAN AMOUNT
$109K
25y · 6.00%
TOTAL INTEREST
$102K
Over full term
RENT VS BUY
RENT · ESTIMATE
$2K
/ mo · ~6% gross yield
BUY · NOW
$702
$1K / mo
0y10y

Buying beats renting after 0.4 years at the current price.

STRESS TEST
AT VARIOUS RATES
2.1k2.6k3.1k4%5%6%7%8%AED / MO

If rates climb to 8%, your payment grows by ~$139/mo.

V · COMPARABLES
PALACE RESIDENCES · 4BR · ACTIVE

VALUE · 2 COMPS

VALUE HEADLINE
AED 212 /sqft-93%

vs area median AED 3,092 /sqft · 1 comps

RANK
1 / 2
CHEAPEST QUARTILE
OUR TAKE
★ Underpriced
AED / SQFT · DISTRIBUTION
THIS · 2122123,092
BREAKDOWN · 1 LISTINGS
MORE EXPENSIVE /SQFT
1
100% of comps
CHEAPER /SQFT
0
See table
MEDIAN DOM
5d
this listing: 55d
NEW THIS WEEK
1
Fresh inventory
TAKEAWAYOf 1 comparables, 1 are more expensive per sqft.
Unlock all comparables · AED 199 / mo

Scatter · distribution · full table · CSV export

VI · AREA INTEL
PALACE RESIDENCES · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

No coordinates for this area yet.
AREA PULSE · 30D
BUYER'S MARKET
1157348 vs last 30d

drops detected · UAE-wide

MEDIAN PRICE · ACTIVE
$368KThis: $136K · -63%
MINMEDIANMAX
AVG DOM
15d
THIS: 70D · +55D
ACTIVE COMPS
8
listings in segment
SIMILAR INVENTORY
Browse drops in Palace Residences
Browse
VII · TRUST & ACTION
DATA ATTESTED · 24 MAY, 05:16 PM

THIS IS THE MOMENT

SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref · 3HS80DX7BQM1831ZP5TH5Q5DJW
Last verified
2h ago
24 May, 05:16 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 PALACE RESIDENCES · RANKED BY RECENCY

SIMILAR OPPORTUNITIES