GORGEOUS UNIT FULL CANAL VIEW · MOVE IN READY
2BR + 3BA · 1,492 sqft · Canal Residence
▼ −5.3%Verified 1h ago
1-day history
AED 121
Price / sqft
−86% vs area median
1,492 sqft
Built-up area
2BR + 3BA
3d
On market
vs 8d median
EUR 928
Mortgage est.
25y · 6% · 20% down
II · THE THESIS
DEAL SCORE 43 / 100WHY THIS IS A DEAL
01
HEADLINE · COMPOSITE
Good opportunity
Composite of price drop, motivation, area position, and data confidence.
SCORE BREAKDOWN · 43 PTS
9
5
20
9
Drop % 9/35
Negotiability 5/25
Below median 20/20
Confidence 9/10
Below — the four signals that built this composite. Free-tier shows the headline only; Insider unlocks the underlying evidence.
03
BASED ON · MOTIVATION · CUT COUNT · TIME ON MARKET · TOTAL REDUCTION
04
48 ACTIVE COMPS IN AL REEM ISLAND
Motivation · Negotiability · Below median · Every section below
INPUTS
4 signals + relist
WEIGHTS
Drop 35 · Neg 25 · Med 20 · Conf 10 · Relist 10
COMPS
48 comps · 2h fresh
OFFER BAND
±4% confidence
BENCHMARK
Al Reem Island, last 180d
REFRESH
Hourly
III · THE EVIDENCE
1 CUT · −5.3% · −-€3KPRICE ACTION · 1 DAYS
AskingArea median 1.3MExpected rangeCut event
CUT-BY-CUT · 1 EVENT
D1
was €48K → €45K
1d after listing
−5.3%
-€3K
TOTAL · 1D
−5.3%
-€3K
NARRATIVESingle cut of 5.3% — 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 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
€234−€13 / mo
vs €247 at pre-drop price (€48K) · See cuts ↓
DOWN PAYMENT
€9K
20% of price
DLD FEE
€2K
4% of price
MORTGAGE REG
€164
0.25% loan + 290
CASH TO CLOSE
€11K
Day-one out-of-pocket
LOAN AMOUNT
€36K
25y · 6.00%
TOTAL INTEREST
€34K
Over full term
RENT VS BUY
RENT · ESTIMATE
€2K
/ mo · ~6% gross yield
BUY · NOW
€234
−€1K / 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 ~€46/mo.
V · COMPARABLES
AL REEM ISLAND · 2BR · ACTIVEVALUE · 45 COMPS
VALUE HEADLINE
AED 121 /sqft-92%
vs area median AED 1,496 /sqft · 44 comps
RANK
12 / 45
CHEAPEST QUARTILE
OUR TAKE
★ UnderpricedPRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %AED / SQFT · DISTRIBUTION
BREAKDOWN · 44 LISTINGS
MORE EXPENSIVE /SQFT
32
73% of comps
CHEAPER /SQFT
12
See table
MEDIAN DOM
0d
this listing: 0d
NEW THIS WEEK
44
Fresh inventory
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThis€45K1,492121—0d—Luxury TH ! High-Class Amenities ! Great Location€45K2,17483—0d-31%Spacious Balcony | Call For Details | Large Layou€24K1,08188—0d-27%2 Bhk | Open View | Spacious Layout |Ready to Move€28K1,12198−18.5%0d-19%Vacant | 1 BR With Balcony | 6 Payments€25K914109—0d-10%Canal View Living |1 Bhk | Balcony | Bright Layout€25K900111—0d-8%TAKEAWAYOf 44 comparables, 32 are more expensive per sqft. The 12 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 COMPSGEOGRAPHY · PULSE · VELOCITY
AREA PULSE · 30D
SLOWING↓ 351↓1584 vs last 30d
drops detected · UAE-wide
MEDIAN PRICE · ACTIVE
€321KThis: €45K · -86%
AVG DOM
8d
THIS: 3D · −5D
ACTIVE COMPS
48
listings in segment
SIMILAR INVENTORY
Browse drops in Al Reem Island
VII · TRUST & ACTION
DATA ATTESTED · 05 JUN, 10:48THIS IS THE MOMENT
SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref · Nara-7535
Last verified
…
05 Jun, 10:48
Freshness
Hourly
2h scan window
Method
Direct scrape
Reference-keyed
VIII · NEXT BEST
4 ACTIVE IN AL REEM ISLAND · RANKED BY RECENCYSIMILAR OPPORTUNITIES
−7%SCORE 46
2Bedroom | Open Kitchen | Balcony With Garden view
APARTMENT · TOWER 2
€21K
€22K
ACTIVE LISTING
−0%SCORE 36
High floor 1BR | Marina Heights 2 | Furnished
APARTMENT · MARINA HEIGHTS 2
€28K
€28K
ACTIVE LISTING
SCORE 25
High Floor l Canal View l Furnished
APARTMENT · YAS ISLAND
€35K
ACTIVE LISTING
SCORE 25
Studio | vacant | High Floor | Mangrove+City View
APARTMENT · HYDRA AVENUE TOWERS
€15K
ACTIVE LISTING
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