Drops · Realestate · Abu Dhabi · Al ShamkhaBackRA-2693

2BR APARTMENT REEMAN LIVING

2BR + 2BA · 794 sqft · Reeman Living

▼ −11.5%Verified 54d ago

Now

€290K

was €327K−€63K · −11.5%

84-day history

−24dToday

Open on PropertyFinder

84-day history

II · THE THESIS

DEAL SCORE 75 / 100

WHY THIS IS A DEAL

BOTTOM LINE

Scored 75/100 (Great deal) because seller has made 1 cut since listing 87d ago and priced 73% below comparable Al Shamkha listings. A fair offer band sits €269K–€281K.

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 · 75 PTS

Drop % 34/35

Negotiability 12/25

Below median 20/20

Confidence 9/10

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

MOTIVATION · 40

1 cut · 87d on market · Price evidence ↓

VELOCITY MEDIUM·MOST RECENT CUT −19%

NEGOTIABILITY · MODERATE

MODERATE

Suggested offer €269K – €281K. Find a specialist ↓

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

BELOW MEDIAN · −73%

−73%

AED 1,448/sqft vs area median 1,378/sqft. See 63 comps ↓

63 ACTIVE COMPS IN AL SHAMKHA

Motivation · Negotiability · Below median · Every section below

INPUTS

4 signals + relist

WEIGHTS

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

COMPS

63 comps · 2h fresh

OFFER BAND

±4% confidence

BENCHMARK

Al Shamkha, last 180d

REFRESH

Hourly

III · THE EVIDENCE

1 CUT · −11.5% · −-€63K

PRICE ACTION · 23 DAYS

PRICE / TIME

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

AED USD EUR

AskingArea median 4.2MExpected rangeCut event

CUT-BY-CUT · 1 EVENT

D23

was €327K → €264K

23d after listing

−19.2%

-€63K

TOTAL · 23D

−11.5%

-€63K

NARRATIVESingle cut of 19.2% — 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

€1K−€195 / mo

vs €2K at pre-drop price (€327K) · See cuts ↓

DOWN PAYMENT

€58K

20% of price

DLD FEE

€12K

4% of price

MORTGAGE REG

€652

0.25% loan + 290

CASH TO CLOSE

€70K

Day-one out-of-pocket

LOAN AMOUNT

€232K

25y · 6.00%

TOTAL INTEREST

€216K

Over full term

RENT VS BUY

RENT · ESTIMATE

€5K

/ mo · ~6% gross yield

BUY · NOW

€1K

−€4K / mo

0y10y

Buying beats renting after 0.3 years at the current price.

STRESS TEST

AT VARIOUS RATES

If rates climb to 8%, your payment grows by ~€295/mo.

V · COMPARABLES

AL SHAMKHA · 2BR · ACTIVE

VALUE · 15 COMPS

VALUE HEADLINE

AED 1,448 /sqft+5%

vs area median AED 1,378 /sqft · 14 comps

RANK

12 / 15

MID/HIGH RANGE

PRICE × SIZE · DROP-WEIGHTED

DOT SIZE = DROP %

AED / SQFT · DISTRIBUTION

BREAKDOWN · 14 LISTINGS

MORE EXPENSIVE /SQFT

21% of comps

CHEAPER /SQFT

See table

MEDIAN DOM

this listing: 0d

NEW THIS WEEK

Fresh inventory

ListingPriceSizeAED/sqftDrop %DOMΔ vs this

This listingThis€290K7941,448—0d—Ready To Move In l Nice Layout l Prime Location€20K782102—0d-93%Premium Finished | 3BR + Maid | Few Units Left !€966K5,489699—0d-52%Freehold | Single Row 3BR+Maid Villa | Al Shamkha€894K3,3481,060—0d-27%1 BR Apartment in Abu Dhabi with lake View€249K7401,336—0d-8%Great Price | Brand New | Smart Investment€270K7921,351—0d-7%

TAKEAWAYOf 14 comparables, 3 are more expensive per sqft. The 11 cheaper ones are a mix of smaller units and older buildings.

Unlock all comparables · AED 199 / mo

Scatter · distribution · full table · CSV export

2BR APARTMENT REEMAN LIVING

WHY THIS IS A DEAL

PRICE ACTION · 23 DAYS

MORTGAGE · RENT · BREAK-EVEN

VALUE · 15 COMPS

GEOGRAPHY · PULSE · VELOCITY

THIS IS THE MOMENT

SIMILAR OPPORTUNITIES