Drops · Realestate · Dubai · Lake City TowerBackMCC-R-53089-3
CLOSE TO METRO NEW FURNISHING · 12 CHEQUES
409 sqft
Verified 4d ago
Now
AED 60K
AED 147
Price / sqft
−88% vs area median
409 sqft
Built-up area
5d
On market
vs 6d median
AED 309
Mortgage est.
25y · 6% · 20% down
II · THE THESIS
DEAL SCORE PENDINGWHY 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
6 ACTIVE COMPS IN LAKE CITY TOWER
Motivation · Negotiability · Below median · Every section below
INPUTS
4 signals + relist
WEIGHTS
Drop 35 · Neg 25 · Med 20 · Conf 10 · Relist 10
COMPS
6 comps · 2h fresh
OFFER BAND
±4% confidence
BENCHMARK
Lake City Tower, last 180d
REFRESH
Hourly
IV · CASHFLOW
UAE CB GUIDELINES · YOUR ASSUMPTIONSMORTGAGE · 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 309
vs AED 309 at pre-drop price (AED 60K) · See cuts ↓
DOWN PAYMENT
AED 12K
20% of price
DLD FEE
AED 2K
4% of price
MORTGAGE REG
AED 410
0.25% loan + 290
CASH TO CLOSE
AED 15K
Day-one out-of-pocket
LOAN AMOUNT
AED 48K
25y · 6.00%
TOTAL INTEREST
AED 45K
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 3K
/ mo · ~6% gross yield
BUY · NOW
AED 309
−AED 2K / mo
0y10y
Buying beats renting after 0.1 years at the current price.
STRESS TEST
AT VARIOUS RATESIf rates climb to 8%, your payment grows by ~AED 61/mo.
V · COMPARABLES
LAKE CITY TOWER · ACTIVEVALUE · 5 COMPS
VALUE HEADLINE
AED 147 /sqft-87%
vs area median AED 1,155 /sqft · 4 comps
RANK
3 / 5
MID/HIGH RANGE
OUR TAKE
★ UnderpricedPRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %AED / SQFT · DISTRIBUTION
BREAKDOWN · 4 LISTINGS
MORE EXPENSIVE /SQFT
2
50% of comps
CHEAPER /SQFT
2
See table
MEDIAN DOM
0d
this listing: 0d
NEW THIS WEEK
4
Fresh inventory
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThisAED 60K409147—0d—Unfurnished I High Floor I Lake ViewAED 80K86093—0d-37%Unfurnished I High Floor I Lake ViewAED 80K86093—0d-37%1 Bedroom for sale in front of DMCC Metro StationAED 970K8401,155—0d+686%View of Lake I High Floor I Vacant from AugustAED 940K6641,416—0d+863%TAKEAWAYOf 4 comparables, 2 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
LAKE CITY TOWER · ACTIVE COMPSGEOGRAPHY · PULSE · VELOCITY
No coordinates for this area yet.
AREA PULSE · 30D
SLOWING↓ 351↓1584 vs last 30d
drops detected · UAE-wide
MEDIAN PRICE · ACTIVE
AED 510KThis: AED 60K · -88%
AVG DOM
6d
THIS: 5D · −1D
ACTIVE COMPS
6
listings in segment
SIMILAR INVENTORY
Browse drops in Lake City Tower
VII · TRUST & ACTION
DATA ATTESTED · 02 JUN, 00:18THIS IS THE MOMENT
SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref · MCC-R-53089-3
Last verified
…
02 Jun, 00:18
Freshness
Hourly
2h scan window
Method
Direct scrape
Reference-keyed
VIII · NEXT BEST
4 ACTIVE IN LAKE CITY TOWER · RANKED BY RECENCYSIMILAR OPPORTUNITIES
SCORE 25
Best layout | Boulevard View | Chiller Free
APARTMENT · BLVD HEIGHTS TOWER 2
AED 210K
ACTIVE LISTING
SCORE 25
Exclusive | Fully Furnished | Full Palm View
APARTMENT · GRAND BLEU TOWER 2
AED 320K
ACTIVE LISTING
SCORE 25
Great Location | Spacious Layout | Ready To Move
APARTMENT · PARK HEIGHTS 1
AED 125K
ACTIVE LISTING
SCORE 25
Never Rented | Fully renovated / Fully Furnished
APARTMENT · RAHAAL 2
AED 150K
ACTIVE LISTING
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