UAEDrops

Scanning the UAE market

PENTHOUSE PANORAMIC SEA AND PALM VIEW · ICONIC TOWER

4BR + 5BA · 3,179 sqft

Verified 1h ago

Now

AED 320K

Open on PropertyFinder

AED 101

Price / sqft

3,179 sqft

Built-up area

4BR + 5BA

23d

On market

vs 10d median

AED 1,649

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.

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
Princess Tower, 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 2K

vs AED 2K at pre-drop price (AED 320K) · See cuts

DOWN PAYMENT
AED 64K
20% of price
DLD FEE
AED 13K
4% of price
MORTGAGE REG
AED 930
0.25% loan + 290
CASH TO CLOSE
AED 78K
Day-one out-of-pocket
LOAN AMOUNT
AED 256K
25y · 6.00%
TOTAL INTEREST
AED 239K
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 1K
/ mo · ~6% gross yield
BUY · NOW
AED 2K
+AED 174 / 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
1.4k1.6k2.0k4%5%6%7%8%AED / MO

If rates climb to 8%, your payment grows by ~AED 326/mo.

V · COMPARABLES
PRINCESS TOWER · 4BR · ACTIVE

VALUE · 5 COMPS

VALUE HEADLINE
AED 101 /sqft-94%

vs area median AED 1,688 /sqft · 4 comps

RANK
1 / 5
CHEAPEST QUARTILE
OUR TAKE
★ Underpriced
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %
0.3M8.0M15.7M1,9084,1816,454SIZE · SQFTPRICE · AED M
AED / SQFT · DISTRIBUTION
MEDIANTHIS · 1011012,432
BREAKDOWN · 4 LISTINGS
MORE EXPENSIVE /SQFT
4
100% of comps
CHEAPER /SQFT
0
See table
MEDIAN DOM
2d
this listing: 0d
NEW THIS WEEK
4
Fresh inventory
TAKEAWAYOf 4 comparables, 4 are more expensive per sqft.
Unlock all comparables · AED 199 / mo

Scatter · distribution · full table · CSV export

VI · AREA INTEL
PRINCESS TOWER · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

No coordinates for this area yet.
AREA PULSE · 30D
BUYER'S MARKET
1156347 vs last 30d

drops detected · UAE-wide

MEDIAN PRICE · ACTIVE
AED 295KThis: AED 320K · +8%
MINMEDIANMAX
AVG DOM
10d
THIS: 23D · +13D
ACTIVE COMPS
8
listings in segment
SIMILAR INVENTORY
Browse drops in Princess Tower
Browse
VII · TRUST & ACTION
DATA ATTESTED · 24 MAY, 05:16 PM

THIS IS THE MOMENT

SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref · KVR-R-160
Last verified
1h ago
24 May, 05:16 PM
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 PRINCESS TOWER · RANKED BY RECENCY

SIMILAR OPPORTUNITIES