UAEDrops

Scanning the UAE market

BackSMART-START-PROPERTIES-LLC-166344_2

HIGH FLOOR / UNFURNISHED / READY TO MOVE IN

1BR + 1BA · 862 sqft

Verified 3d ago

Now

AED 75K

Open on PropertyFinder

AED 87

Price / sqft

−72% vs area median

862 sqft

Built-up area

1BR + 1BA

4d

On market

vs 12d median

AED 387

Mortgage est.

25y · 6% · 20% down

II · THE THESIS
DEAL SCORE PENDING

WHY THIS IS A DEAL

BOTTOM LINE

because listed 4 days ago and priced 72% below comparable Princess Tower listings.

All four signals + supporting evidence below. How do these scores work?

01
HEADLINE · COMPOSITE

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

SCORE BREAKDOWN

Awaiting first price event to compute score.

Free-tier shows the headline only. Insider unlocks the four detailed evidence rows below.

04
BELOW MEDIAN · −72%
−72%
AED 87/sqft vs area median 1,383/sqft. See 9 comps ↓
MINMEDIANMAXAED 87/SQFT
9 ACTIVE COMPS IN PRINCESS TOWER

Motivation · Negotiability · Below median · Every section below

INPUTS
4 signals + relist
WEIGHTS
Drop 35 · Neg 25 · Med 20 · Conf 10 · Relist 10
COMPS
9 comps · 2h fresh
OFFER BAND
±4% confidence
BENCHMARK
Princess Tower, 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 387

vs AED 387 at pre-drop price (AED 75K) · See cuts ↓

DOWN PAYMENT
AED 15K
20% of price
DLD FEE
AED 3K
4% of price
MORTGAGE REG
AED 440
0.25% loan + 290
CASH TO CLOSE
AED 18K
Day-one out-of-pocket
LOAN AMOUNT
AED 60K
25y · 6.00%
TOTAL INTEREST
AED 56K
Over full term
RENT VS BUY
RENT · ESTIMATE
AED 1K
/ mo · ~6% gross yield
BUY · NOW
AED 387
−AED 963 / mo
0y10y

Buying beats renting after 0.3 years at the current price.

STRESS TEST
AT VARIOUS RATES
0.3k0.4k0.5k4%5%6%7%8%AED / MO

If rates climb to 8%, your payment grows by ~AED 77/mo.

V · COMPARABLES
PRINCESS TOWER · 1BR · ACTIVE

VALUE · 7 COMPS

VALUE HEADLINE
AED 87 /sqft-94%

vs area median AED 1,383 /sqft · 6 comps

RANK
2 / 7
CHEAPEST QUARTILE
OUR TAKE
★ Underpriced
PRICE × SIZE · DROP-WEIGHTED
DOT SIZE = DROP %
0.1M0.7M1.4M8191,0921,366SIZE · SQFTPRICE · AED M
AED / SQFT · DISTRIBUTION
MEDIANTHIS · 87851,560
BREAKDOWN · 6 LISTINGS
MORE EXPENSIVE /SQFT
5
83% of comps
CHEAPER /SQFT
1
See table
MEDIAN DOM
0d
this listing: 0d
NEW THIS WEEK
6
Fresh inventory
ListingPriceSizeAED/sqftDrop %DOMΔ vs this
This listingThisAED 75K86287—0d—High Floor | Sea View | Vacant From 1st JuneAED 110K1,30185—0d-2%Sea Views | Spacious Layout | VacantAED 92K923100—0d+15%Sea Views | Furnished | VacantAED 139K1,188117—0d+34%Sea View | Vacant Soon | High Yield | Seller KeenAED 1.27M9221,383—0d+1490%Furnished | Marina View | Open LayoutAED 1.32M8651,532—0d+1661%
TAKEAWAYOf 6 comparables, 5 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
PRINCESS TOWER · ACTIVE COMPS

GEOGRAPHY · PULSE · VELOCITY

No coordinates for this area yet.
AREA PULSE · 30D
SLOWING
↓ 440↓1495 vs last 30d

drops detected · UAE-wide

MEDIAN PRICE · ACTIVE
AED 270KThis: AED 75K · -72%
MINMEDIANMAX
AVG DOM
12d
THIS: 4D · −8D
ACTIVE COMPS
9
listings in segment
SIMILAR INVENTORY
Browse drops in Princess Tower
Browse
VII · TRUST & ACTION
DATA ATTESTED · 04 JUN, 10:16

THIS IS THE MOMENT

SOURCE & CONFIDENCE
90%HIGH
Source
PropertyFinder
Ref · smart-start-properties-llc-166344_2
Last verified
…
04 Jun, 10:16
Freshness
Hourly
2h scan window
Method
Direct scrape
Reference-keyed
VERIFIED SPECIALISTS
R
roel
Allsop
↻ ≤ 4h
RM
Roel Mangal
allsop
↻ ≤ 4h
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 PRINCESS TOWER · RANKED BY RECENCY

SIMILAR OPPORTUNITIES

SCORE 25
Luxury Unit | Exceptional Amenities | Prime Area
APARTMENT · CLOUD TOWER B
AED 60K
ACTIVE LISTING
SCORE 25
Furnished Corner 2BR Duplex | DIFC & Zabeel View
APARTMENT · CENTRAL PARK RESIDENTIAL TOWER
AED 255K
ACTIVE LISTING
SCORE 25
Brand New I 1 BR I JVC I Kitchen Appliances
APARTMENT · DISTRICT 12
AED 72K
ACTIVE LISTING
SCORE 25
High Floor | Prime Location | Closed Kitchen
APARTMENT · BLOOM HEIGHTS A
AED 120K
ACTIVE LISTING
Browse all drops in real estate →
Refreshed hourly