Panoramic Views · Flexible Payment
Umm Suqeim· Verified Network· Ref RS-L-11112366
Listing data verified in the last few hours
The off‑plan 2‑bedroom unit in Umm Suqeim is priced roughly 60% below the district median, offering a strong gross yield but carries typical off‑plan execution risks.
AI Investor Narrative
Why this listing scores the way it does
The listing is an off‑plan apartment of 1,484 sqft priced at AED 5,451,000, which translates to AED 3,673 per sqft. Using the internal baseline that the price is 40% of market, the implied district median price per sqft is about AED 9,183, indicating a substantial discount. The internal estimated gross yield of 7.3% further supports the attractiveness of cash‑flow, though investors should expect net yields 1–2 points lower after service charges, vacancy and management fees. Location score of 65 reflects a solid but not premium position within Umm Suqeim, and the overall internal score of 44 suggests moderate fundamentals. The 91‑day market exposure is modest for an off‑plan unit, hinting that the seller may be motivated to close. However, the developer, Rocky Real Estate, is not a widely recognized brand, introducing credit and construction‑delay risk. The internal risk index of 44 places the transaction in a medium‑risk bracket.
Deal signals
- underpriced80/100
Price per sqft AED 3,673 is ~60% below the district median of AED 9,183 (derived from internal_priceVsMarket_percent 40%).
- off plan discount70/100
Status Off-Plan combined with a price‑to‑market ratio of 40% indicates a typical off‑plan discount.
- high yield65/100
Internal estimated gross yield of 7.3% exceeds typical Dubai residential yields.
Risk flags
- construction delaymedium
Off‑plan projects often face completion timeline uncertainty.
- developer creditmedium
Rocky Real Estate lacks a strong market track record.
- liquiditylow
Off‑plan units can be harder to resell quickly.
Comparables
Negotiation playbook
Confirm the unit’s official DLD transaction price and compare it to the calculated district median of AED 9,183 per sqft. With a 60% discount (AED 3,673 per sqft) and 91 days on market, anchor the offer around a further 5–10% reduction to compensate for off‑plan risk and the developer’s limited pedigree.
Seller-intent signals
Signal strength: 78/100 · 2 indicators
Verdict
Yield forecast
3-year appreciation
Market pulse · Umm Suqeim
Sentiment +0 · stable
With no recent listings, market signals are muted. Historically the area attracts high‑net‑worth buyers, but the lack of fresh data makes price momentum unclear. Outlook remains cautious and likely stable unless broader Dubai trends shift.
Connect with this listing
Leave your details and we'll forward your inquiry to the agent for this listing — and introduce a verified Dubai partner if you opt in. reaisale never charges buyers.
Connect — freeGet connected — free
Leave your details and we'll connect you with the agent for the listing you're interested in. You also get a personalised intelligence memo and a tracked reference code. reaisale never charges buyers — we're paid by the broker side.
SELECTED PROPERTY
Panoramic Views · Flexible Payment
Intel Score: 44/100
Request Your Deal Passport
Free · takes 60 seconds · we never charge buyers.