Affordable Entry · Q2 2026 · Low Priced Resale

The listing is priced at AED 600,000 for 338 sqft, translating to AED 1,775 per sqft, which internal data shows is roughly 40% below the district median. This underpricing drives a strong internal gross yield estimate of 7.3%, positioning the asset as a potentially attractive income generator. However, the unit is off‑plan, has been on the market for 228 days, and the developer (Alhad Real Estate) lacks a widely recognised track record, all of which elevate construction‑delay and developer‑credit risk. The internal overall score of 43 and risk index of 41 reflect these concerns despite a decent location score of 60. Investors should weigh the upside of a low entry price and solid gross yield against the uncertainty of delivery timelines, possible oversupply of studios in the complex, and the likelihood of thin secondary‑market liquidity. Net yields will be materially lower than the gross 7.3% after accounting for service charges, vacancy and management fees (typically 1–2 percentage points).

Anchor the offer around the 40% price‑per‑sqft discount versus the district median (AED ~2,958/sqft) and the unusually long 228‑day market exposure. Request verification of the unit's registration in the DLD transaction register before committing, and use the price gap and extended DOM as leverage to negotiate a further reduction or added developer guarantees.

Given the absence of recent transaction data, the outlook remains uncertain. Investors should monitor upcoming supply and macro trends. The market is expected to remain stable pending further information.