DLD Waiver - Free Golden Visa For 10 Years

The property scores 77 overall, driven by a strong price advantage (‑20% vs market) and a solid gross yield of 8.9% as reflected in the internal baseline. Its location score of 66 reflects a respectable but not premium position within DAMAC Islands, a sub‑market that benefits from the new DLD waiver and a 10‑year free Golden Visa, adding a macro‑tailwind for foreign investors. However, being off‑plan introduces construction‑timeline uncertainty, and the developer AX Premium Properties does not rank among the most established players, tempering the risk profile. The internal risk index of 39 suggests moderate risk, primarily from liquidity and potential construction delays. Net yields will be materially lower than the gross 8.9% after accounting for service charges, vacancy and management fees, typically reducing return by 1–2 percentage points, yielding an estimated net range of roughly 6.9%–7.9%.

Leverage the 20% price gap versus the district median price‑per‑sqft (AED 1,496) and the 210 days the unit has sat on market. Request the seller to substantiate the DLD transaction register entry and aim to negotiate a further 5‑10% discount to offset off‑plan delivery risk, citing comparable off‑plan discounts in the area.

Due to insufficient data, the outlook for DAMAC Islands remains uncertain. No recent listings are available to inform a sentiment score or trend direction. As a result, it is not possible to provide a meaningful twelve-month outlook at this time.