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Exclusive Corner 2BR+Store | Rent Refund | Al Reef
abudhabi·apartment·Tower 1

Exclusive Corner 2BR+Store | Rent Refund | Al Reef

apartment2 BR2 BA1,211 SQFT

-AED 50K

Price Cut

AED 991

PRICE/SQFT

13d

On Market

AED 6K

MONTHLY EST.

1x

Times Dropped

Current asking price

AED 1.20M

4.0% (-AED 50K) from last price

Listing details

Bedrooms

2

Bathrooms

2

Size

1,211 sqft

Price/sqft

AED 991

Area

Tower 1

Listed

10 Apr 2026

Broker: Re/Max Smart Concept Real Estate·Ref: ARW-S-6757

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 240K

DLD Fee (4%)

AED 48K

Total to Close

AED 288K

Loan Amount

AED 960K

Market comparables

AED 991/sqft 943% above area avg of AED 95/sqft

Ranked #7 of 7 by price/sqft (lower is better)

Price/sqft distribution

Showing 6 of 6 comparable listings in the same area

Market Comparables

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Area intelligenceTower 1

8 active listings in this area

Median price

AED 74K

Median /sqft

AED 96

Price range

AED 60K – AED 1.20M

Avg. days listed

6d

2 similar 2-bed apartments in Tower 1

564 drops this month vs 446 last month(buyer's market signal)

Area Intelligence

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Deal score

21/100Fair deal
Price dropped 4.0%
7/35
Negotiability (18/100)
5/25
Area median
0/20
Data confidence 90%
9/10
DropNegot.Conf.

Seller motivation

20/100Holding
Listed 13 days ago — Recently listed5/25
1 price cut5/25
Total reduction: 4.0%5/25

Seller Motivation

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Negotiability

18

Limited flexibility

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

Suggested offer range

AED 1.12MAED 1.16M

37% below asking of AED 1.20M

Based on market data for similar properties in this area

Negotiability Score

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Data confidence

90%

Why: sourced from Bayut with verified reference number

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