Studio Apartment · Verdana 1 · High Floor

The listing is priced at AED 695,000 for a 492 sqft studio, translating to AED 1,413 per sqft, which is roughly 6% below the internal district median price per sqft. This discount, combined with an internal gross yield estimate of 8.3%, drives the overall score to 63 despite a location score of 60. The off‑plan status adds upside potential if the project is delivered on schedule, but also introduces construction‑delay and developer‑credit risk, reflected in the risk index of 46. Days on market of 91 suggests the unit has been available for three months, giving the buyer leverage to negotiate further price reductions. While the gross yield appears strong, investors should temper expectations: net yields will be lower after accounting for service charges, vacancy, and management fees, typically reducing gross by 1–2 percentage points. The district’s liquidity appears thin, as no comparable transaction sample size is available, which adds a layer of uncertainty to resale prospects. Overall, the property presents a compelling entry point for risk‑tolerant investors seeking yield, provided they conduct thorough due diligence on the developer and the project's delivery timeline.

Given the unit trades 6% below the district median price per sqft and has been on the market for 91 days, the buyer can anchor negotiations on closing the price‑per‑sqft gap and request a further discount tied to the off‑plan risk. Verify the transaction against the DLD register before finalising any offer.

With no recent listings, market signals are muted and any directional bias is unclear. Over the next twelve months, activity is expected to remain limited pending new supply introductions. Investors should monitor upcoming project launches for potential shifts.