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Elegant Studio | Modern Comfort | Prime Location
dubai-rent·apartment·District 16

Elegant Studio | Modern Comfort | Prime Location

Binghatti Azure

apartment1 BA382 SQFT

-AED 3K

Price Cut

AED 136

PRICE/SQFT

7d

On Market

AED 268

MONTHLY EST.

1x

Times Dropped

Current asking price

AED 52K

5.5% (-AED 3K) from last price

Listing details

Bathrooms

1

Size

382 sqft

Price/sqft

AED 136

Area

District 16

Building

Binghatti Azure

Listed

16 Apr 2026

Broker: Burj Blizz Real Estate·Ref: 93V9X1JWFV23X6YH9K1T14QAS8

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 268 /month

20% down · 25yr · 6% rate (UAE Central Bank guidelines)

Down Payment (20%)

AED 10K

DLD Fee (4%)

AED 2K

Total to Close

AED 12K

Loan Amount

AED 42K

Market comparables

AED 136/sqft 6% above area avg of AED 128/sqft

Ranked #3 of 5 by price/sqft (lower is better)

Price/sqft distribution

Showing 4 of 4 comparable listings in the same area

Market Comparables

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Area intelligenceDistrict 16

5 active listings in this area

Median price

AED 65K

Median /sqft

AED 136

Price range

AED 52K – AED 80K

Avg. days listed

5d

3 similar apartments in District 16

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

Area Intelligence

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Deal score

37/100Fair deal
Price dropped 5.5%
10/35
Negotiability (20/100)
5/25
20% below median
13/20
Data confidence 90%
9/10
DropNegot.MedianConf.

Seller motivation

25/100Holding
Listed 7 days ago — Recently listed5/25
1 price cut5/25
Total reduction: 5.5%10/25

Seller Motivation

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Negotiability

20

Limited flexibility

Seller motivation
10/40
Price cuts count
4/20
Total price reduction
5/20
Time on market
1/15

Suggested offer range

AED 48KAED 50K

37% below asking of AED 52K

Based on market data for similar properties in this area

Negotiability Score

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Area comparison

20% below median

Area median: AED 65K (5 active listings in District 16)

Median
LowHigh

Area Comparison

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Data confidence

90%

Why: sourced from Bayut with verified reference number

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