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Scanning the UAE market

BackDH-BINGHATTI-MIRAGE-2BR

FULLY FURNISHED PREMIUM QUALITY · VACANT

2BR + 3BA · 965 sqft · Binghatti Mirage

Verified 2d ago

Now

AED 85K

Open on PropertyFinder

AED 88

Price / sqft

−88% vs area median

965 sqft

Built-up area

2BR + 3BA

3d

On market

vs 4d median

AED 438

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 · −88%
−88%
AED 88/sqft vs area median 1,277/sqft. See 21 comps ↓
MINMEDIANMAXAED 88/SQFT
21 ACTIVE COMPS IN DISTRICT 10

Motivation · Negotiability · Below median · Every section below

INPUTS
4 signals + relist
WEIGHTS
Drop 35 · Neg 25 · Med 20 · Conf 10 · Relist 10
COMPS
21 comps · 2h fresh
OFFER BAND
±4% confidence
BENCHMARK
District 10, 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 438

vs AED 438 at pre-drop price (AED 85K) · See cuts ↓

DOWN PAYMENT
AED 17K
20% of price
DLD FEE
AED 3K
4% of price
MORTGAGE REG
AED 460
0.25% loan + 290
CASH TO CLOSE
AED 21K
Day-one out-of-pocket
LOAN AMOUNT
AED 68K
25y · 6.00%
TOTAL INTEREST
AED 63K
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 4K
/ mo · ~6% gross yield
BUY · NOW
AED 438
−AED 3K / mo
0y10y

Buying beats renting after 0.1 years at the current price.

STRESS TEST
AT VARIOUS RATES
0.4k0.4k0.5k4%5%6%7%8%AED / MO

If rates climb to 8%, your payment grows by ~AED 87/mo.

V · COMPARABLES
DISTRICT 10 · 2BR · ACTIVE

VALUE · 15 COMPS

VALUE HEADLINE
AED 88 /sqft-93%

vs area median AED 1,277 /sqft · 14 comps

RANK
2 / 15
CHEAPEST QUARTILE
OUR TAKE
★ Underpriced
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %
0.1M1.8M3.5M6191,6672,714SIZE · SQFTPRICE · AED M
AED / SQFT · DISTRIBUTION
MEDIANTHIS · 88721,718
BREAKDOWN · 14 LISTINGS
MORE EXPENSIVE /SQFT
13
93% of comps
CHEAPER /SQFT
1
See table
MEDIAN DOM
3d
this listing: 2d
NEW THIS WEEK
12
Fresh inventory
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThisAED 85K96588—2d—Elegant 2 Bedroom | Prime Location | Ready to MoveAED 85K1,18572—3d-18%Hot Deal | Marina View | High Floor | VacantAED 89K98590—1d+2%Just Handed Over - Multiple Options - High FloorAED 85K91193—15d+6%Vacan | Pool View | Modern | Smart HomeAED 75K659114—3d+30%Luxury 1BR Penthouse | High Floor | Ready to MoveAED 110K792139—0d+58%
TAKEAWAYOf 14 comparables, 13 are more expensive per sqft. The 1 cheaper one is a mix of smaller units and older buildings.
Unlock all comparables · AED 199 / mo

Scatter · distribution · full table · CSV export

VI · AREA INTEL
DISTRICT 10 · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

No coordinates for this area yet.
AREA PULSE · 30D
BUYER'S MARKET
↑ 1158↑349 vs last 30d

drops detected · UAE-wide

MEDIAN PRICE · ACTIVE
AED 700KThis: AED 85K · -88%
MINMEDIANMAX
AVG DOM
4d
THIS: 3D · −1D
ACTIVE COMPS
21
listings in segment
SIMILAR INVENTORY
Browse drops in District 10
Browse
VII · TRUST & ACTION
DATA ATTESTED · 22 MAY, 06:16 PM

THIS IS THE MOMENT

SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref · DH-BINGHATTI-MIRAGE-2BR
Last verified
2d ago
22 May, 06:16 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 DISTRICT 10 · RANKED BY RECENCY

SIMILAR OPPORTUNITIES

−4%SCORE 41
High Floor | Community View | Next to Metro
APARTMENT · AVENUE RESIDENCE 4
AED 82K
AED 85K
ACTIVE LISTING
SCORE 25
Furnished | Vacant | Low Floor Apartment
APARTMENT · COLLECTIVE 2.0 TOWER B
AED 115K
ACTIVE LISTING
SCORE 25
Best Price | Well-maintained | Dubai Frame View
APARTMENT · DOWNTOWN VIEWS II TOWER 3
AED 160K
ACTIVE LISTING
SCORE 25
Bright and Expansive | Furnished Unit | Now Ready
APARTMENT · CITY WALK RESIDENTIAL
AED 500K
ACTIVE LISTING
Browse all drops in real estate →
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