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CANAL VIEW I EXCLUSIVE LIVING I BEST AMENITIES

1BR + 1BA · 883 sqft · Canal Residence

Verified 18m ago

Now

AED 115K

Open on PropertyFinder

AED 130

Price / sqft

−93% vs area median

883 sqft

Built-up area

1BR + 1BA

62d

On market

vs 13d median

AED 593

Mortgage est.

25y · 6% · 20% down

II · THE THESIS
DEAL SCORE PENDING

WHY THIS IS A DEAL

BOTTOM LINE

because listed 62 days ago and priced 93% below comparable Al Reem Island listings.

All four signals + supporting evidence below. How do these scores work?

01
HEADLINE · COMPOSITE

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

SCORE BREAKDOWN

Awaiting first price event to compute score.

Free-tier shows the headline only. Insider unlocks the four detailed evidence rows below.

04
BELOW MEDIAN · −93%
−93%
AED 130/sqft vs area median 1,773/sqft. See 32 comps ↓
MINMEDIANMAXAED 130/SQFT
32 ACTIVE COMPS IN AL REEM ISLAND

Motivation · Negotiability · Below median · Every section below

INPUTS
4 signals + relist
WEIGHTS
Drop 35 · Neg 25 · Med 20 · Conf 10 · Relist 10
COMPS
32 comps · 2h fresh
OFFER BAND
±4% confidence
BENCHMARK
Al Reem Island, 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 593

vs AED 593 at pre-drop price (AED 115K) · See cuts ↓

DOWN PAYMENT
AED 23K
20% of price
DLD FEE
AED 5K
4% of price
MORTGAGE REG
AED 520
0.25% loan + 290
CASH TO CLOSE
AED 28K
Day-one out-of-pocket
LOAN AMOUNT
AED 92K
25y · 6.00%
TOTAL INTEREST
AED 86K
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 8K
/ mo · ~6% gross yield
BUY · NOW
AED 593
−AED 7K / mo
0y10y

Buying beats renting after 0.1 years at the current price.

STRESS TEST
AT VARIOUS RATES
0.5k0.6k0.7k4%5%6%7%8%AED / MO

If rates climb to 8%, your payment grows by ~AED 117/mo.

V · COMPARABLES
AL REEM ISLAND · 1BR · ACTIVE

VALUE · 26 COMPS

VALUE HEADLINE
AED 130 /sqft-93%

vs area median AED 1,773 /sqft · 25 comps

RANK
7 / 26
CHEAPEST QUARTILE
OUR TAKE
★ Underpriced
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %
0.1M1.7M3.4M728191,567SIZE · SQFTPRICE · AED M
AED / SQFT · DISTRIBUTION
MEDIANTHIS · 130872,253
BREAKDOWN · 25 LISTINGS
MORE EXPENSIVE /SQFT
19
76% of comps
CHEAPER /SQFT
6
See table
MEDIAN DOM
0d
this listing: 0d
NEW THIS WEEK
25
Fresh inventory
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThisAED 115K883130—0d—Spacious Balcony | Call For Details | Large LayouAED 94K1,08187−1.1%0d-33%2 Bhk | Open View | Spacious Layout |Ready to MoveAED 110K1,12198−18.5%0d-25%Spacious 2 Bhk | Open View |Prime Community LivingAED 130K1,121116—0d-11%Gorgeous Unit | Full Canal View | Move In ReadyAED 180K1,492121−5.3%0d-7%Beautiful Sky Garden / Decent Layout /StoreAED 139K1,115125—0d-4%
TAKEAWAYOf 25 comparables, 19 are more expensive per sqft. The 6 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
↓ 667↓1268 vs last 30d

drops detected · UAE-wide

MEDIAN PRICE · ACTIVE
AED 1.57MThis: AED 115K · -93%
MINMEDIANMAX
AVG DOM
13d
THIS: 62D · +49D
ACTIVE COMPS
32
listings in segment
SIMILAR INVENTORY
Browse drops in Al Reem Island
Browse
VII · TRUST & ACTION
DATA ATTESTED · 11 JUN, 16:49

THIS IS THE MOMENT

SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref · ohp542
Last verified
…
11 Jun, 16:49
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

SCORE 25
Amazing 2BHK | Partial Sea View | Vacant Soon
APARTMENT · RADIANT SQUARE
AED 105K
ACTIVE LISTING
SCORE 25
PRIME LOCATION | 2BHK | 85k ONLY | PARKING
APARTMENT · ABU DHABI
AED 85K
ACTIVE LISTING
SCORE 25
Panoramic 2BR Sea View Apart | Direct from Owner
APARTMENT · CORNICHE ROAD
AED 150K
ACTIVE LISTING
SCORE 25
Full Glass 3BR+Maid | Sunset | Parking
APARTMENT · ABU DHABI
AED 105K
ACTIVE LISTING
Browse all drops in real estate →
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