Drops · Realestate · Dubai · Damac LagoonsBack4BEDPORTIFINODAMAC

4BR TOWNHOUSE PORTOFINO

4BR + 3BA · 1,550 sqft · Portofino

▼ −11.1%Verified 34d ago

Now

AED 160K

was 180K−30K · −11.1%

85-day history

−20dToday

Open on PropertyFinder

85-day history

🔄Relisted — this listing was removed and reappeared 2 times (last: 24 May)

II · THE THESIS

DEAL SCORE 60 / 100

WHY THIS IS A DEAL

BOTTOM LINE

Scored 60/100 (Great deal) because seller has made 1 cut since listing 88d ago and priced 4% below comparable Damac Lagoons listings. A fair offer band sits AED 149K–AED 155K.

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

HEADLINE · COMPOSITE

Great deal

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

SCORE BREAKDOWN · 60 PTS

Drop % 29/35

Negotiability 12/25

Confidence 9/10

Relist signal 10/10

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

MOTIVATION · 40

1 cut · 88d on market · Price evidence ↓

VELOCITY MEDIUM·MOST RECENT CUT −17%

NEGOTIABILITY · MODERATE

MODERATE

Suggested offer AED 149K – AED 155K. Find a specialist ↓

BASED ON · MOTIVATION · CUT COUNT · TIME ON MARKET · TOTAL REDUCTION

BELOW MEDIAN · −4%

−4%

AED 103/sqft vs area median 100/sqft. See 48 comps ↓

48 ACTIVE COMPS IN DAMAC LAGOONS

Motivation · Negotiability · Below median · Every section below

INPUTS

4 signals + relist

WEIGHTS

Drop 35 · Neg 25 · Med 20 · Conf 10 · Relist 10

COMPS

48 comps · 2h fresh

OFFER BAND

±4% confidence

BENCHMARK

Damac Lagoons, last 180d

REFRESH

Hourly

III · THE EVIDENCE

1 CUT · −11.1% · −-30K

PRICE ACTION · 19 DAYS

PRICE / TIME

Y: AED · X: days since listed · Envelope: median ±8%

AED USD EUR

AskingArea median 0.2MExpected rangeCut event

CUT-BY-CUT · 1 EVENT

D19

was AED 180K → AED 150K

19d after listing

−16.7%

-AED 30K

TOTAL · 19D

−11.1%

-AED 30K

NARRATIVESingle cut of 16.7% — 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 825−AED 103 / mo

vs AED 928 at pre-drop price (AED 180K) · See cuts ↓

DOWN PAYMENT

AED 32K

20% of price

DLD FEE

AED 6K

4% of price

MORTGAGE REG

AED 610

0.25% loan + 290

CASH TO CLOSE

AED 39K

Day-one out-of-pocket

LOAN AMOUNT

AED 128K

25y · 6.00%

TOTAL INTEREST

AED 119K

Over full term

RENT VS BUY

RENT · ESTIMATE

AED 838

/ mo · ~6% gross yield

BUY · NOW

AED 825

−AED 13 / mo

0y10y

Buying beats renting after 43.9 years at the current price.

STRESS TEST

AT VARIOUS RATES

If rates climb to 8%, your payment grows by ~AED 163/mo.

V · COMPARABLES

DAMAC LAGOONS · 4BR · ACTIVE

VALUE · 49 COMPS

VALUE HEADLINE

AED 103 /sqft+3%

vs area median AED 100 /sqft · 48 comps

RANK

27 / 49

MID/HIGH RANGE

PRICE × SIZE · DROP-WEIGHTED

DOT SIZE = DROP %

AED / SQFT · DISTRIBUTION

BREAKDOWN · 48 LISTINGS

MORE EXPENSIVE /SQFT

38% of comps

CHEAPER /SQFT

See table

MEDIAN DOM

this listing: 0d

NEW THIS WEEK

Fresh inventory

ListingPriceSizeAED/sqftDrop %DOMΔ vs this

TAKEAWAYOf 48 comparables, 18 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

4BR TOWNHOUSE PORTOFINO

WHY THIS IS A DEAL

PRICE ACTION · 19 DAYS

MORTGAGE · RENT · BREAK-EVEN

VALUE · 49 COMPS

GEOGRAPHY · PULSE · VELOCITY

THIS IS THE MOMENT

SIMILAR OPPORTUNITIES