UAEDrops

Scanning the UAE market

BackMCSP-26924

HIGH FLOOR 2BR W/ CANAL VIEW · HIGH ROI

2BR + 3BA · 1,370 sqft · Canal Residence

★ Golden VisaVerified 2h ago

Now

AED 2.70M

Open on PropertyFinder

1-day history

AED 1,971

Price / sqft

1,370 sqft

Built-up area

2BR + 3BA

11d

On market

vs 9d median

AED 13,917

Mortgage est.

25y · 6% · 20% down

🔄Relisted — this listing was removed and reappeared (last: 01 Jun)
II · THE THESIS
DEAL SCORE 22 / 100

WHY THIS IS A DEAL

01
HEADLINE · COMPOSITE
22/ 100
Fair deal

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

SCORE BREAKDOWN · 22 PTS
3
9
10
Negotiability 3/25
Confidence 9/10
Relist signal 10/10

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

02
MOTIVATION · 20
20
1 cut · 11d on market · Price evidence ↓
ListedD0−0%D10+10d
VELOCITY LOW·LATEST CUT −0%
03
NEGOTIABILITY · LOW
LOW
Suggested offer AED 2.51M – AED 2.62M. Request a callback ↓
ASKSUGGESTED OFFERAED 2.62MAED 2.51MAED 2.70Mlow AED 2.02M
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
36 comps · 2h fresh
OFFER BAND
±4% confidence
BENCHMARK
Al Reem Island, last 180d
REFRESH
Hourly
III · THE EVIDENCE
1 CUT · −0.0% · −-1

PRICE ACTION · 10 DAYS

PRICE / TIME
Y: AED · X: days since listed · Envelope: median ±8%
AEDUSDEUR
1.7M2.1M2.5M2.8MAREA MEDIAN · 1.8M−0%
AskingArea median 1.8MExpected rangeCut event
CUT-BY-CUT · 1 EVENT
D10
was AED 2.70M → AED 2.70M
10d after listing
−0.0%
-AED 1
TOTAL · 10D
−0.0%
-AED 1
NARRATIVESingle cut of 0.0% — 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 14K−AED 0 / mo

vs AED 14K at pre-drop price (AED 2.70M) · See cuts ↓

DOWN PAYMENT
AED 540K
20% of price
DLD FEE
AED 108K
4% of price
MORTGAGE REG
AED 6K
0.25% loan + 290
CASH TO CLOSE
AED 654K
Day-one out-of-pocket
LOAN AMOUNT
AED 2.16M
25y · 6.00%
TOTAL INTEREST
AED 2.02M
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 9K
/ mo · ~6% gross yield
BUY · NOW
AED 14K
+AED 5K / 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
11.4k13.9k16.7k4%5%6%7%8%AED / MO

If rates climb to 8%, your payment grows by ~AED 3K/mo.

V · COMPARABLES
AL REEM ISLAND · 2BR · ACTIVE

VALUE · 33 COMPS

VALUE HEADLINE
AED 1,971 /sqft+23%

vs area median AED 1,600 /sqft · 32 comps

RANK
25 / 33
MID/HIGH RANGE
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %
0.1M2.8M5.6M5362,0073,479SIZE · SQFTPRICE · AED M
AED / SQFT · DISTRIBUTION
MEDIANTHIS · 1,971833,138
BREAKDOWN · 32 LISTINGS
MORE EXPENSIVE /SQFT
8
25% of comps
CHEAPER /SQFT
24
See table
MEDIAN DOM
0d
this listing: 0d
NEW THIS WEEK
32
Fresh inventory
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThisAED 2.70M1,3701,971—0d—Luxury TH ! High-Class Amenities ! Great LocationAED 180K2,17483—0d-96%Vacant | 1 BR With Balcony | 6 PaymentsAED 100K914109—0d-94%Unbeatable Price |relaxing balcony overlooking SeaAED 200K1,830109—0d-94%Awesome canal View / Lavish Apartment / BalconyAED 215K1,910113—0d-94%Beautiful SEA VIEW | Balcony | Vaccant | Reem |AED 200K1,750114—0d-94%
TAKEAWAYOf 32 comparables, 8 are more expensive per sqft. The 24 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
AL REEM ISLAND · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

AREA PULSE · 30D
SLOWING
↓ 81↓1854 vs last 30d

drops detected · UAE-wide

MEDIAN PRICE · ACTIVE
AED 1.78MThis: AED 2.70M · +52%
MINMEDIANMAX
AVG DOM
9d
THIS: 11D · +2D
ACTIVE COMPS
36
listings in segment
SIMILAR INVENTORY
Browse drops in Al Reem Island
Browse
VII · TRUST & ACTION
DATA ATTESTED · 01 JUN, 14:31

THIS IS THE MOMENT

SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref · MCSP-26924
Last verified
…
01 Jun, 14:31
Freshness
Hourly
2h scan window
Method
Direct scrape
Reference-keyed
VERIFIED SPECIALISTS

No verified specialist for this area yet. Submit a callback and we'll match one.

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 AL REEM ISLAND · RANKED BY RECENCY

SIMILAR OPPORTUNITIES

−1%SCORE 47
Hot Deal | Corner Unit | Maids | Panoramic View
APARTMENT · AL REEM ISLAND
AED 2.27M
AED 2.35M
PRICE TRAJECTORY
SCORE 25
Arthouse | Sea & Guggenheim Museum View | INVEST!
APARTMENT · THE ARTHOUSE
AED 4.50M
ACTIVE LISTING
SCORE 25
Bashayer | Premium Island Living | Invest now!
APARTMENT · AL HUDAYRIAT ISLAND
AED 2.40M
ACTIVE LISTING
SCORE 25
Pool View | Freehold 1BR High Floor | Yas Bay
APARTMENT · MAYYAS AT THE BAY
AED 1.40M
ACTIVE LISTING
Browse all drops in real estate →
Refreshed hourly