Drops · Realestate · Abu Dhabi · Lamar ResidencesBackPS-28989

2BR APARTMENT LAMAR RESIDENCES

2BR + 3BA · 1,390 sqft

★ Golden VisaVerified 2h ago

Now

AED 2.12M

Open on PropertyFinder

AED 1,525

Price / sqft

1,390 sqft

Built-up area

2BR + 3BA

78d

On market

vs 6d median

AED 10,927

Mortgage est.

25y · 6% · 20% down

II · THE THESIS

DEAL SCORE PENDING

WHY THIS IS A DEAL

BOTTOM LINE

because listed 78 days ago.

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

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.

Motivation · Negotiability · Below median · Every section below

INPUTS

4 signals + relist

WEIGHTS

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

COMPS

5 comps · 2h fresh

OFFER BAND

±4% confidence

BENCHMARK

Lamar Residences, 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 11K

vs AED 11K at pre-drop price (AED 2.12M) · See cuts ↓

DOWN PAYMENT

AED 424K

20% of price

DLD FEE

AED 85K

4% of price

MORTGAGE REG

AED 5K

0.25% loan + 290

CASH TO CLOSE

AED 513K

Day-one out-of-pocket

LOAN AMOUNT

AED 1.70M

25y · 6.00%

TOTAL INTEREST

AED 1.58M

Over full term

RENT VS BUY

RENT · ESTIMATE

AED 10K

/ mo · ~6% gross yield

BUY · NOW

AED 11K

+AED 607 / 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

If rates climb to 8%, your payment grows by ~AED 2K/mo.

V · COMPARABLES

LAMAR RESIDENCES · 2BR · ACTIVE

VALUE · 5 COMPS

VALUE HEADLINE

AED 1,525 /sqft-3%

vs area median AED 1,566 /sqft · 4 comps

RANK

2 / 5

CHEAPEST QUARTILE

PRICE × SIZE · DROP-WEIGHTED

DOT SIZE = DROP %

AED / SQFT · DISTRIBUTION

BREAKDOWN · 4 LISTINGS

MORE EXPENSIVE /SQFT

75% of comps

CHEAPER /SQFT

See table

MEDIAN DOM

this listing: 0d

NEW THIS WEEK

Fresh inventory

ListingPriceSizeAED/sqftDrop %DOMΔ vs this

TAKEAWAYOf 4 comparables, 3 are more expensive per sqft. The 1 cheaper one is a mix of smaller units and older buildings.

Unlock all comparables · AED 199 / mo

Scatter · distribution · full table · CSV export

VI · AREA INTEL

LAMAR RESIDENCES · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

No coordinates for this area yet.

AREA PULSE · 30D

SLOWING

↓ 101↓937 vs last 30d

drops detected · UAE-wide

MEDIAN PRICE · ACTIVE

AED 2.06MThis: AED 2.12M · +3%

AVG DOM

THIS: 78D · +72D

ACTIVE COMPS

listings in segment

SIMILAR INVENTORY

Browse drops in Lamar Residences

Browse

VII · TRUST & ACTION

DATA ATTESTED · 03 JUL, 12:01

THIS IS THE MOMENT

SOURCE & CONFIDENCE

90%HIGH

Source

PropertyFinder

Ref · PS-28989

Last verified

…

03 Jul, 12:01

Freshness

3× daily

8h scan window

Method

Direct scrape

Reference-keyed

VERIFIED SPECIALISTS

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Sourced & verified by UAEDrops. Independent — we don't accept agency listings.