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MODERN LIVING GREAT INVESTMENT OPPORTUNITY

2BR + 2BA · 799 sqft · Reeman Living

▼ −12.0%Verified 12d ago

Now

AED 1.10M

was 1.25M150K · −12.0%
Open on PropertyFinder

13-day history

AED 1,377

Price / sqft

−71% vs area median

799 sqft

Built-up area

2BR + 2BA

32d

On market

vs 12d median

AED 5,670

Mortgage est.

25y · 6% · 20% down

WHY THIS IS A DEAL

Our model rates this listing across four signals. Composite Deal Score 59 / 100.

01 · Deal score

59

Composite of price, drop, and motivation.

02 · Motivation

35

1 cut · 32d on market

03 · Negotiability

MODERATE

Offer 1.02M–1.07M.

04 · Below median

−71%

Vs 272 active comparables in this area.

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Method · 4 inputs / 25 pts eachDOM 25 · Drops 20 · Vel. 20 · % 13Offer ± 4% confidence272 comps · 2h fresh

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 6K /month

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

Down Payment (20%)

AED 220K

DLD Fee (4%)

AED 44K

Total to Close

AED 264K

Loan Amount

AED 880K

Market comparables

AED 1,377/sqft 16% above area avg of AED 1,191/sqft

Ranked #24 of 51 by price/sqft (lower is better)

Price/sqft distribution

Showing 10 of 50 comparable listings in the same area

Market Comparables

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Area intelligenceAl Shamkha

272 active listings in this area

Median price

AED 3.84M

Median /sqft

AED 707

Price range

AED 50K – AED 9.00M

Avg. days listed

12d

18 similar 2-bed apartments in Al Shamkha

1154 drops this month vs 809 last month(buyer's market signal)

Area Intelligence

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Data confidence

90%

Sourced from PropertyFinder with verified reference number. Last verified 12d ago.

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