Unfurnished 2BHK + Miad · currently Rented

The unit offers 1,130 sqft of space at AED 1,695,000, translating to AED 1,500 per sqft. Internal benchmarking flags the price as roughly 5% under the district median, giving the buyer an immediate price advantage. The internal gross yield estimate of 8.3% is well above the typical 5‑6% range for ready‑to‑rent apartments in Dubai, supporting a strong cash‑flow case, although investors should expect net yields 1‑2 points lower after service charges, vacancy and management fees.\n\nThe property has been on the market for 177 days, indicating a slower absorption rate that could be a liquidity concern but also provides leverage for negotiation. The developer, Elite Venture Properties, is not flagged for credit issues in the internal risk index, and the building is already ready, removing construction‑delay risk. Overall, the listing scores 64/100, reflecting a modestly attractive risk‑adjusted profile driven by price discount and yield, tempered by market‑liquidity signals.

Confirm the transaction price against the Dubai Land Department register to ensure the AED 1,500/sqft figure is accurate. Use the 5% price‑gap versus the internal district median and the 177‑day market exposure as bargaining chips to request a further discount or favorable payment terms. Emphasise the ready status and the high gross yield to justify a lower net price.

With no recent listings and no price or DOM data, the sub‑market shows limited observable momentum. Market participants should treat the outlook as neutral and watch for any policy or development announcements that could shift supply dynamics.