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Back5H7E95AF9M2458K3X9XDS1EKC4

FULL SEA VIEW BALCONY · KITCHEN APPLIANCES

2BR + 3BA · 1,429 sqft · Riviera Residences By Mered

▼ −8.6%★ Golden VisaVerified 2h ago

Now

AED 3.20M

was 3.50M−300K · −8.6%
Open on PropertyFinder

1-day history

AED 2,239

Price / sqft

1,429 sqft

Built-up area

2BR + 3BA

52d

On market

vs 9d median

AED 16,494

Mortgage est.

25y · 6% · 20% down

🔄Relisted — this listing was removed and reappeared (last: 01 Jun)
II · THE THESIS
DEAL SCORE 42 / 100

WHY THIS IS A DEAL

01
HEADLINE · COMPOSITE
42/ 100
Good opportunity

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

SCORE BREAKDOWN · 42 PTS
15
8
9
10
Drop % 15/35
Negotiability 8/25
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.

02
MOTIVATION · 30
30
1 cut · 52d on market · Price evidence ↓
ListedD0−9%D33+33d
VELOCITY LOW·LATEST CUT −9%
03
NEGOTIABILITY · MODERATE
MODERATE
Suggested offer AED 2.98M – AED 3.10M. Request a callback ↓
ASKSUGGESTED OFFERAED 3.10MAED 2.98MAED 3.20Mlow AED 2.40M
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
36 comps · 2h fresh
OFFER BAND
±4% confidence
BENCHMARK
Al Reem Island, last 180d
REFRESH
Hourly
III · THE EVIDENCE
1 CUT · −8.6% · −-300K

PRICE ACTION · 33 DAYS

PRICE / TIME
Y: AED · X: days since listed · Envelope: median ±8%
AEDUSDEUR
1.7M2.4M3.0M3.7MAREA MEDIAN · 1.8M−9%
AskingArea median 1.8MExpected rangeCut event
CUT-BY-CUT · 1 EVENT
D33
was AED 3.50M → AED 3.20M
33d after listing
−8.6%
-AED 300K
TOTAL · 33D
−8.6%
-AED 300K
NARRATIVESingle cut of 8.6% — 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
AED 16K−AED 2K / mo

vs AED 18K at pre-drop price (AED 3.50M) · See cuts ↓

DOWN PAYMENT
AED 640K
20% of price
DLD FEE
AED 128K
4% of price
MORTGAGE REG
AED 7K
0.25% loan + 290
CASH TO CLOSE
AED 775K
Day-one out-of-pocket
LOAN AMOUNT
AED 2.56M
25y · 6.00%
TOTAL INTEREST
AED 2.39M
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 9K
/ mo · ~6% gross yield
BUY · NOW
AED 16K
+AED 8K / mo

Your monthly cost is already higher than the rent estimate — the buy vs rent break-even leans on price appreciation rather than monthly cash flow.

STRESS TEST
AT VARIOUS RATES
13.5k16.5k19.8k4%5%6%7%8%AED / MO

If rates climb to 8%, your payment grows by ~AED 3K/mo.

V · COMPARABLES
AL REEM ISLAND · 2BR · ACTIVE

VALUE · 33 COMPS

VALUE HEADLINE
AED 2,239 /sqft+40%

vs area median AED 1,600 /sqft · 32 comps

RANK
31 / 33
MID/HIGH RANGE
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %
0.1M2.8M5.6M5362,0073,479SIZE · SQFTPRICE · AED M
AED / SQFT · DISTRIBUTION
MEDIANTHIS · 2,239833,138
BREAKDOWN · 32 LISTINGS
MORE EXPENSIVE /SQFT
2
6% of comps
CHEAPER /SQFT
30
See table
MEDIAN DOM
0d
this listing: 0d
NEW THIS WEEK
32
Fresh inventory
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThisAED 3.20M1,4292,239—0d—Luxury TH ! High-Class Amenities ! Great LocationAED 180K2,17483—0d-96%Vacant | 1 BR With Balcony | 6 PaymentsAED 100K914109—0d-95%Unbeatable Price |relaxing balcony overlooking SeaAED 200K1,830109—0d-95%Awesome canal View / Lavish Apartment / BalconyAED 215K1,910113—0d-95%Beautiful SEA VIEW | Balcony | Vaccant | Reem |AED 200K1,750114—0d-95%
TAKEAWAYOf 32 comparables, 2 are more expensive per sqft. The 30 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
AL REEM ISLAND · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

AREA PULSE · 30D
SLOWING
↓ 81↓1854 vs last 30d

drops detected · UAE-wide

MEDIAN PRICE · ACTIVE
AED 1.78MThis: AED 3.20M · +80%
MINMEDIANMAX
AVG DOM
9d
THIS: 52D · +43D
ACTIVE COMPS
36
listings in segment
SIMILAR INVENTORY
Browse drops in Al Reem Island
Browse
VII · TRUST & ACTION
DATA ATTESTED · 01 JUN, 14:31

THIS IS THE MOMENT

SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref · 5H7E95AF9M2458K3X9XDS1EKC4
Last verified
…
01 Jun, 14:31
Freshness
Hourly
2h scan window
Method
Direct scrape
Reference-keyed
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Sourced & verified by UAEDrops. Independent — we don't accept agency listings.

VIII · NEXT BEST
4 ACTIVE IN AL REEM ISLAND · RANKED BY RECENCY

SIMILAR OPPORTUNITIES

−12%SCORE 77
HOT Price / Purchasing only of UAE Citizens
APARTMENT · BAWABAT AL SHARQ
AED 1.10M
AED 1.25M
PRICE TRAJECTORY
−0%SCORE 42
High Floor | 2BR w/ Canal View | High ROI | Resale
APARTMENT · AL REEM ISLAND
AED 2.70M
AED 2.70M
PRICE TRAJECTORY
SCORE 25
Bashayer | Premium Island Living | Invest now!
APARTMENT · AL HUDAYRIAT ISLAND
AED 2.40M
ACTIVE LISTING
SCORE 25
Arthouse | Sea & Guggenheim Museum View | INVEST!
APARTMENT · THE ARTHOUSE
AED 4.50M
ACTIVE LISTING
Browse all drops in real estate →
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