Fully furnished · Flexible payment plan
International City Phase 2· Verified Network· Ref RS-L-10262496
Listing data verified in the last few hours
A 2‑bedroom off‑plan apartment in International City Phase 2 is priced roughly 28% below market, offering a strong gross yield of around 9%.
AI Investor Narrative
Why this listing scores the way it does
The unit’s price of AED 1,188,107 translates to AED 1,352 per sqft, which, given the internal baseline that the market median is about 28% higher, places this offering well below comparable pricing in International City Phase 2. Coupled with an internal gross yield estimate of 9.2%, the cash‑flow profile appears attractive for income‑focused investors, though the net return will be lower after accounting for service charges, vacancy and management fees (typically 1–2 percentage points). The development is off‑plan with a flexible payment plan, which can provide price‑discount leverage but also introduces construction‑completion risk. The developer, Al Helal Al Zahaby, is not flagged in the internal risk index, but the overall risk score of 39 suggests moderate exposure, especially given the 212 days the listing has been on market, indicating potential seller motivation. The district’s location score of 65 reflects decent but not premium positioning, meaning upside from broader macro‑growth may be modest, yet the price discount cushions downside. Given the internal overall score of 80 and a price‑vs‑market gap of –28%, the property scores well on valuation and yield metrics. However, the lack of concrete comparable transaction volume (sample size 0) and the off‑plan status temper confidence, as construction delays or market shifts could affect delivery timelines and final pricing. Investors should therefore weigh the attractive yield against the moderate risk profile and verify the transaction details with the DLD register before proceeding.
Deal signals
- underpriced82/100
priceVsMarket_percent -28 indicates price 28% below market median
- high yield75/100
internal_estimated_yield 9.2% gross yield
- off plan discount68/100
status Off-Plan with flexible payment plan
Risk flags
- construction delaymedium
Off‑plan projects carry delivery risk
- liquiditylow
212 days on market suggests some seller motivation but limited transaction volume
- developer creditmedium
Developer not highlighted in internal risk index
Comparables
Negotiation playbook
Anchor the price negotiation on the 28% discount to the district’s implied median of AED 1,878 / sqft. Highlight the 212‑day market exposure as evidence of seller motivation and request a price‑per‑sqft reduction to bring the unit closer to the median, or negotiate a further concession on the flexible payment schedule. Verify the unit’s registration and any pre‑sale commitments against the DLD transaction register before finalising any agreement.
Seller-intent signals
Signal strength: 69/100 · 2 indicators
Verdict
Yield forecast
3-year appreciation
Market pulse · International City Phase 2
Sentiment +0 · stable
International City Phase 2 lacks sufficient transaction visibility to establish reliable pricing or velocity metrics. With zero recent listings in the sample, directional bias cannot be determined. Investors should source primary transaction data from RERA or licensed brokers before committing capital.
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SELECTED PROPERTY
Fully furnished · Flexible payment plan
Intel Score: 80/100
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