Coastal Living · Stylish Studio · Serene Community

The unit is a 472 sqft studio offered at AED 2,025,000, equating to AED 4,290 per sqft. Internal benchmarking flags the price at roughly 40% below comparable market levels, suggesting a sizable discount. The internal gross yield estimate of 7.3% is attractive for a studio in Dubai, though investors should expect net yields 1‑2 points lower after service charges, vacancy and management fees. The location score of 65 reflects Fahid Island’s emerging appeal, yet the overall score of 44 indicates modest confidence in the broader investment case. Being an off‑plan purchase, the primary risk stems from construction timing and developer credibility. Open Home Properties is not a marquee developer in our database, so a medium‑severity construction‑delay and developer‑credit risk is warranted. Liquidity risk is low given the limited secondary‑market activity for off‑plan studios on the island, but the thin comparable sample (none available) adds uncertainty to price validation. Investors should treat the gross yield as a starting point and model a net return of roughly 5.5‑6.5% after typical deductions. If the buyer can confirm the transaction details in the DLD register and negotiate on the 60% price‑per‑sqft discount relative to the inferred district median of AED 7,150, the economics improve markedly. The 91‑day market exposure also provides leverage for price reduction. Overall, the deal offers upside if execution risk is managed, making it a BUY with caution.

Anchor the offer to the 60% price‑per‑sqft gap versus the inferred district median (AED 7,150/sqft) and highlight the 91‑day market exposure as leverage for a further discount. Prior to signing, obtain the official DLD transaction register entry to confirm the unit’s legal title and exact price details.

Given the lack of recent transaction data, market signals are limited. However, Fahid Island's reputation for exclusive waterfront properties suggests demand may remain resilient, though supply constraints could keep activity muted.