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BackBI-R-20-20718

READY TO MOVE 2BEDROOM+BALCONY · PRIME LOCATION

2BR + 3BA · 1,050 sqft

Verified 3h ago

Now

AED 118K

Open on PropertyFinder

AED 112

Price / sqft

1,050 sqft

Built-up area

2BR + 3BA

19d

On market

vs 16d median

AED 608

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
9 comps · 2h fresh
OFFER BAND
±4% confidence
BENCHMARK
Mangrove Place, 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 608

vs AED 608 at pre-drop price (AED 118K) · See cuts ↓

DOWN PAYMENT
AED 24K
20% of price
DLD FEE
AED 5K
4% of price
MORTGAGE REG
AED 526
0.25% loan + 290
CASH TO CLOSE
AED 29K
Day-one out-of-pocket
LOAN AMOUNT
AED 94K
25y · 6.00%
TOTAL INTEREST
AED 88K
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 475
/ mo · ~6% gross yield
BUY · NOW
AED 608
+AED 133 / 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
0.5k0.6k0.7k4%5%6%7%8%AED / MO

If rates climb to 8%, your payment grows by ~AED 120/mo.

V · COMPARABLES
MANGROVE PLACE · 2BR · ACTIVE

VALUE · 9 COMPS

VALUE HEADLINE
AED 112 /sqft-7%

vs area median AED 121 /sqft · 8 comps

RANK
3 / 9
CHEAPEST QUARTILE
OUR TAKE
★ Underpriced
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %
0.1M0.7M1.3M6658841,103SIZE · SQFTPRICE · AED M
AED / SQFT · DISTRIBUTION
MEDIANTHIS · 112801,685
BREAKDOWN · 8 LISTINGS
MORE EXPENSIVE /SQFT
5
63% of comps
CHEAPER /SQFT
3
See table
MEDIAN DOM
12d
this listing: 0d
NEW THIS WEEK
2
Fresh inventory
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThisAED 118K1,050112—0d—1BR + Balcony | Gate Tower View | Spacious UnitAED 70K87680—6d-29%1BR with Balcony | City View | Ready to MoveAED 80K728110—10d-2%Mangrove View | Ready to Move In | View TodayAED 80K712112−15.8%56d0%Mangrove Place | Balcony access | 1 bedroomAED 80K700114—25d+2%Unfurnished 2BR Apartment | Mangrove PlaceAED 110K912121—6d+8%
TAKEAWAYOf 8 comparables, 5 are more expensive per sqft. The 3 cheaper ones are a mix of smaller units and older buildings.
Unlock all comparables · AED 199 / mo

Scatter · distribution · full table · CSV export

VI · AREA INTEL
MANGROVE PLACE · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

No coordinates for this area yet.
AREA PULSE · 30D
BUYER'S MARKET
↑ 1231↑422 vs last 30d

drops detected · UAE-wide

MEDIAN PRICE · ACTIVE
AED 95KThis: AED 118K · +24%
MINMEDIANMAX
AVG DOM
16d
THIS: 19D · +3D
ACTIVE COMPS
9
listings in segment
SIMILAR INVENTORY
Browse drops in Mangrove Place
Browse
VII · TRUST & ACTION
DATA ATTESTED · 26 MAY, 13:40

THIS IS THE MOMENT

SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref · BI-R-20-20718
Last verified
3h ago
26 May, 13:40
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 MANGROVE PLACE · RANKED BY RECENCY

SIMILAR OPPORTUNITIES

−3%SCORE 41
Stunning High Floor 3BR | Full Sea View
APARTMENT · THE GATE TOWER 1
AED 150K
AED 155K
ACTIVE LISTING
SCORE 25
Fully Furnished | 1 Bedroom With Balcony | Vacant
APARTMENT · YAS ISLAND
AED 125K
ACTIVE LISTING
SCORE 25
Stunning 2BR Apartment | Sea & City Views
APARTMENT · ABU DHABI
AED 135K
ACTIVE LISTING
SCORE 25
Fully Furnished | Vacant Studio | Brand New
APARTMENT · APARTMENTS 4
AED 85K
ACTIVE LISTING
Browse all drops in real estate →
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