High Floor · Furnished · Vacant

The property sits on a high floor in a sought‑after Al Wasl location, offering 1,754 sq ft of space and three bathrooms, which is generous for a two‑bedroom unit. Its price of AED 5.5 million translates to AED 3,136 per sq ft, roughly 15% below the inferred district median of about AED 3,690 per sq ft, indicating a clear pricing advantage. The internal scoring system rates the location at 81 and the overall score at 74, reflecting solid demand fundamentals and a healthy buyer pool. Internally estimated gross yield stands at 7.1%, well above the typical 5‑6% range for comparable Dubai residential assets, suggesting strong cash‑flow potential. However, investors should discount 1‑2 percentage points to account for service charges, vacancy, and management fees, implying a realistic net yield near 5‑6%. The property has been on the market for only 22 days, indicating limited exposure and a seller motivated to close quickly. The developer, fäm Properties – Branch 2, is not widely recognized, so due diligence on its financial standing is advisable.

Confirm the unit’s actual transaction price via the Dubai Land Department (DLD) register. Use the 15% price‑per‑sqft discount (≈AED 553 per sq ft below the district median) and the short 22‑day market exposure as leverage to request a further concession, ideally targeting a price around AED 5.2 million (≈5% below the asking price).

Al Wasl lacks sufficient transaction data to establish reliable pricing, velocity, or sentiment signals. With zero recent listings in the sample, directional forecasting is not defensible. Monitor for improved data availability before positioning.