UAEDrops

Scanning the UAE market

ELEGANT UPGRADED 2BR + MAID NEW BUILDING

2BR + 3BA · 1,275 sqft

▼ −5.7%Verified 19m ago

Now

AED 1.98M

was 2.10M120K · −5.7%
Open on PropertyFinder

1-day history

AED 1,553

Price / sqft

1,275 sqft

Built-up area

2BR + 3BA

18d

On market

vs 2d median

AED 10,206

Mortgage est.

25y · 6% · 20% down

II · THE THESIS
DEAL SCORE 25 / 100

WHY THIS IS A DEAL

01
HEADLINE · COMPOSITE
25/ 100
Fair deal

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

SCORE BREAKDOWN · 25 PTS
10
6
9
Drop % 10/35
Negotiability 6/25
Confidence 9/10

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

02
MOTIVATION · 25
25
1 cut · 18d on market · Price evidence
ListedD0−6%D1+1d
VELOCITY LOW·LATEST CUT −6%
03
NEGOTIABILITY · LOW
LOW
Suggested offer AED 1.84M AED 1.92M. Request a callback
ASKSUGGESTED OFFERAED 1.92MAED 1.84MAED 1.98Mlow AED 1.49M
BASED ON · MOTIVATION · CUT COUNT · TIME ON MARKET · TOTAL REDUCTION

Motivation · Negotiability · Below median · Every section below

INPUTS
4 signals + relist
WEIGHTS
Drop 35 · Neg 25 · Med 20 · Conf 10 · Relist 10
COMPS
3 comps · 2h fresh
OFFER BAND
±4% confidence
BENCHMARK
02 Residence by Ne, last 180d
REFRESH
Hourly
III · THE EVIDENCE
1 CUT · −5.7% · −-120K

PRICE ACTION · 1 DAYS

PRICE / TIME
Y: AED · X: days since listed · Envelope: median ±8%
1.1M1.5M1.8M2.2MAREA MEDIAN · 1.2M−6%
AskingArea median 1.2MExpected rangeCut event
CUT-BY-CUT · 1 EVENT
D1
was AED 2.10MAED 1.98M
1d after listing
5.7%
-AED 120K
TOTAL · 1D
5.7%
-AED 120K
NARRATIVESingle cut of 5.7% — early signal that the seller is testing the market.
Unlock the price history · AED 199 / mo

Every cut event · area median overlay · CSV export

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 10KAED 619 / mo

vs AED 11K at pre-drop price (AED 2.10M) · See cuts

DOWN PAYMENT
AED 396K
20% of price
DLD FEE
AED 79K
4% of price
MORTGAGE REG
AED 4K
0.25% loan + 290
CASH TO CLOSE
AED 479K
Day-one out-of-pocket
LOAN AMOUNT
AED 1.58M
25y · 6.00%
TOTAL INTEREST
AED 1.48M
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 6K
/ mo · ~6% gross yield
BUY · NOW
AED 10K
+AED 4K / 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
8.4k10.2k12.2k4%5%6%7%8%AED / MO

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

V · COMPARABLES
02 RESIDENCE BY NED AL GHURAIR · 2BR · ACTIVE

VALUE · 3 COMPS

VALUE HEADLINE
AED 1,553 /sqft+6%

vs area median AED 1,467 /sqft · 2 comps

RANK
3 / 3
MID/HIGH RANGE
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %
0.1M1.1M2.1M7631,0511,339SIZE · SQFTPRICE · AED M
AED / SQFT · DISTRIBUTION
MEDIANTHIS · 1,5531231,553
BREAKDOWN · 2 LISTINGS
MORE EXPENSIVE /SQFT
0
0% of comps
CHEAPER /SQFT
2
See table
MEDIAN DOM
0d
this listing: 0d
NEW THIS WEEK
2
Fresh inventory
TAKEAWAYOf 2 comparables, 0 are more expensive per sqft. The 2 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
02 RESIDENCE BY NED AL GHURAIR · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

No coordinates for this area yet.
AREA PULSE · 30D
SLOWING
3581577 vs last 30d

drops detected · UAE-wide

MEDIAN PRICE · ACTIVE
AED 1.20MThis: AED 1.98M · +65%
MINMEDIANMAX
AVG DOM
2d
THIS: 18D · +16D
ACTIVE COMPS
3
listings in segment
SIMILAR INVENTORY
Browse drops in 02 Residence by Ned Al Ghurair
Browse
VII · TRUST & ACTION
DATA ATTESTED · 05 JUN, 12:06

THIS IS THE MOMENT

SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref · 8DTNAJ42S7DDY26RYX7H79J280
Last verified
05 Jun, 12:06
Freshness
Hourly
2h scan window
Method
Direct scrape
Reference-keyed
VERIFIED SPECIALISTS
Request a callback
We aim to respond within 4hNo spam · 1 message
SAVE & SHARE
Share

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

VIII · NEXT BEST
4 ACTIVE IN 02 RESIDENCE BY NED AL GHURAIR · RANKED BY RECENCY

SIMILAR OPPORTUNITIES