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BackGW-R-12676

MID LEVEL GREAT PRICE · OPEN VIEWS

1BR + 1BA · 705 sqft

Verified 6d ago

Now

AED 98K

Open on PropertyFinder

AED 138

Price / sqft

−93% vs area median

705 sqft

Built-up area

1BR + 1BA

24d

On market

vs 15d median

AED 503

Mortgage est.

25y · 6% · 20% down

II · THE THESIS
DEAL SCORE PENDING

WHY THIS IS A DEAL

01
HEADLINE · COMPOSITE

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

SCORE BREAKDOWN

Awaiting first price event to compute score.

Below — the four signals that built this composite. Free-tier shows the headline only; Insider unlocks the underlying evidence.

04
BELOW MEDIAN · −93%
−93%
AED 138/sqft vs area median 3,143/sqft. See 8 comps ↓
MINMEDIANMAXAED 138/SQFT
8 ACTIVE COMPS IN PALACE RESIDENCES

Motivation · Negotiability · Below median · Every section below

INPUTS
4 signals + relist
WEIGHTS
Drop 35 · Neg 25 · Med 20 · Conf 10 · Relist 10
COMPS
8 comps · 2h fresh
OFFER BAND
±4% confidence
BENCHMARK
Palace 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 503

vs AED 503 at pre-drop price (AED 98K) · See cuts ↓

DOWN PAYMENT
AED 20K
20% of price
DLD FEE
AED 4K
4% of price
MORTGAGE REG
AED 485
0.25% loan + 290
CASH TO CLOSE
AED 24K
Day-one out-of-pocket
LOAN AMOUNT
AED 78K
25y · 6.00%
TOTAL INTEREST
AED 73K
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 7K
/ mo · ~6% gross yield
BUY · NOW
AED 503
−AED 6K / mo
0y10y

Buying beats renting after 0.1 years at the current price.

STRESS TEST
AT VARIOUS RATES
0.4k0.5k0.6k4%5%6%7%8%AED / MO

If rates climb to 8%, your payment grows by ~AED 99/mo.

V · COMPARABLES
PALACE RESIDENCES · 1BR · ACTIVE

VALUE · 6 COMPS

VALUE HEADLINE
AED 138 /sqft-96%

vs area median AED 3,143 /sqft · 5 comps

RANK
1 / 6
CHEAPEST QUARTILE
OUR TAKE
★ Underpriced
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %
0.1M2.0M3.8M6629521,241SIZE · SQFTPRICE · AED M
AED / SQFT · DISTRIBUTION
MEDIANTHIS · 1381383,324
BREAKDOWN · 5 LISTINGS
MORE EXPENSIVE /SQFT
5
100% of comps
CHEAPER /SQFT
0
See table
MEDIAN DOM
6d
this listing: 15d
NEW THIS WEEK
3
Fresh inventory
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThisAED 98K705138—15d—Fully Furnished | Best Layout | 6 ChequesAED 175K1,182148—6d+7%FULLY FURNISHED / HIGH FLOOR / VACANT SOONAED 140K700200—13d+45%Best Deal | Luxury Unit | Semi Furnished | VacantAED 2.20M7003,143—5d+2178%Community View | Spacious | NegotiableAED 2.30M6973,300—5d+2291%Exclusive | High Floor | Elegant FurnishAED 3.65M1,0983,324—12d+2309%
TAKEAWAYOf 5 comparables, 5 are more expensive per sqft.
Unlock all comparables · AED 199 / mo

Scatter · distribution · full table · CSV export

VI · AREA INTEL
PALACE RESIDENCES · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

No coordinates for this area yet.
AREA PULSE · 30D
BUYER'S MARKET
↑ 1157↑348 vs last 30d

drops detected · UAE-wide

MEDIAN PRICE · ACTIVE
AED 1.35MThis: AED 98K · -93%
MINMEDIANMAX
AVG DOM
15d
THIS: 24D · +9D
ACTIVE COMPS
8
listings in segment
SIMILAR INVENTORY
Browse drops in Palace Residences
Browse
VII · TRUST & ACTION
DATA ATTESTED · 19 MAY, 04:16 AM

THIS IS THE MOMENT

SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref · GW-R-12676
Last verified
6d ago
19 May, 04:16 AM
Freshness
Hourly
2h scan window
Method
Direct scrape
Reference-keyed
VERIFIED SPECIALISTS

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

VIII · NEXT BEST
4 ACTIVE IN PALACE RESIDENCES · RANKED BY RECENCY

SIMILAR OPPORTUNITIES

−8%SCORE 47
Luxury Furnished 3BR | Damac Paramount | Burj View
APARTMENT · TOWER B
AED 213K
AED 230K
ACTIVE LISTING
SCORE 25
Furnished | Vacant | Low Floor Apartment
APARTMENT · COLLECTIVE 2.0 TOWER B
AED 115K
ACTIVE LISTING
SCORE 25
Bright and Expansive | Furnished Unit | Now Ready
APARTMENT · CITY WALK RESIDENTIAL
AED 500K
ACTIVE LISTING
SCORE 25
Best Price | Well-maintained | Dubai Frame View
APARTMENT · DOWNTOWN VIEWS II TOWER 3
AED 160K
ACTIVE LISTING
Browse all drops in real estate →
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