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Freehold Investment | 2BR+Balcony | Al Shamkha
abudhabi·apartment·Al Shamkha

Freehold Investment | 2BR+Balcony | Al Shamkha

Reeman Living

apartment2 BR2 BA797 SQFT

-AED 100K

Price Cut

AED 1K

PRICE/SQFT

19d

On Market

AED 6K

MONTHLY EST.

1x

Times Dropped

Current asking price

AED 1.10M

8.3% (-AED 100K) from last price
🔄
Relisted — this listing was removed and reappeared (last: 14 Apr)

Listing details

Bedrooms

2

Bathrooms

2

Size

797 sqft

Price/sqft

AED 1,380

Area

Al Shamkha

Building

Reeman Living

Listed

27 Mar 2026

Broker: Re/Max Smart Concept Real Estate·Ref: COM-S-73041-RS-1

Free Intelligence Report

See Deal Score breakdown, Seller Motivation, Negotiability & Offer Range for this listing.

3 of 3 free reports remaining this month

Mortgage Estimate

AED 6K /month

20% down · 25yr · 6% rate (UAE Central Bank guidelines)

Down Payment (20%)

AED 220K

DLD Fee (4%)

AED 44K

Total to Close

AED 264K

Loan Amount

AED 880K

Market comparables

AED 1,380/sqft 51% above area avg of AED 913/sqft

Ranked #23 of 35 by price/sqft (lower is better)

Price/sqft distribution

Showing 10 of 34 comparable listings in the same area

Market Comparables

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Area intelligenceAl Shamkha

103 active listings in this area

Median price

AED 1.20M

Median /sqft

AED 765

Price range

AED 33K – AED 6.00M

Avg. days listed

5d

6 similar 2-bed apartments in Al Shamkha

300 drops this month vs 446 last month(slowing market)

Area Intelligence

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Deal score

45/100Good opportunity
Price dropped 8.3%
15/35
Negotiability (24/100)
6/25
8% below median
5/20
Data confidence 90%
9/10
Relisted (urgency signal)
10/10
DropNegot.MedianConf.Relist

Seller motivation

25/100Holding
Listed 19 days ago — Recently listed5/25
1 price cut5/25
Total reduction: 8.3%10/25

Seller Motivation

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Negotiability

24

Limited flexibility

Seller motivation
10/40
Price cuts count
4/20
Total price reduction
8/20
Time on market
2/15

Suggested offer range

AED 1.02MAED 1.07M

37% below asking of AED 1.10M

Based on market data for similar properties in this area

Negotiability Score

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Area comparison

8% below median

Area median: AED 1.20M (103 active listings in Al Shamkha)

Median
LowHigh

Area Comparison

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Data confidence

90%

Why: sourced from Bayut with verified reference number

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