3BR+M · Corner · High Floor
Al Reem Island· Verified Network· Ref RS-L-11878908
Listing data verified in the last few hours
The off‑plan 3‑bedroom corner unit on Al Reem Island is priced far below market, 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 3‑bedroom, 4‑bathroom apartment of 1,930 sqft on a high floor, priced at AED 4.5 million (≈ AED 2,332 per sqft). Internal metrics flag the price at roughly 40 % of the district’s market level, translating to a ~60 % discount versus the inferred median of AED 5,830 per sqft for Al Reem Island. This deep discount drives a gross yield estimate of 6.4 % (internal_estimated_yield), well above typical Dubai yields, but investors should expect net returns 1–2 percentage points lower after service charges, vacancy and management fees. The location score of 74 suggests the district remains attractive, supported by recent infrastructure upgrades on Al Reem Island. However, the overall internal score of 45 and a risk index of 40 indicate moderate risk, primarily from construction timing and developer credit unknowns. The unit has been on the market for only three days, hinting at a motivated seller or a strategic early‑stage pricing to secure commitments. Given the substantial price gap and the short market exposure, the primary upside lies in negotiating further down from the already low price per sqft. The downside is the typical off‑plan exposure: potential construction delays, final fit‑out quality, and the need to verify the developer’s track record. Investors should also be mindful that liquidity may be limited until the building is completed and the broader Abu Dhabi market stabilises.
Deal signals
- underpriced80/100
price_per_sqft_AED 2332 is ~60% below the inferred district median of 5830 (internal_priceVsMarket_percent 40).
- motivated seller70/100
days_on_market is only 3, indicating urgency.
- high yield70/100
internal_estimated_yield 6.4% gross exceeds typical market yields.
- off plan discount75/100
status Off-Plan combined with a 60% price discount relative to market.
Risk flags
- construction delaymedium
Off‑plan projects often face timeline overruns.
- developer creditmedium
Metropolitan Capital Real Estate lacks a widely known track record in Dubai.
- liquiditymedium
Off‑plan units may have limited resale liquidity until completion.
Comparables
Negotiation playbook
Anchor the offer around the 60% price‑per‑sqft discount (AED 2,332 vs. district median AED 5,830) and the ultra‑short 3‑day market exposure. Request a price reduction proportional to this gap, citing the internal_priceVsMarket_percent 40, and insist on confirming the unit’s registration in the DLD transaction register before signing.
Seller-intent signals
Signal strength: 63/100 · 1 indicator
Verdict
Yield forecast
3-year appreciation
Market pulse · Al Reem Island
Sentiment +0 · stable
Given the absence of recent transaction data for Al Reem Island, market signals are muted. Investors should monitor upcoming supply and macro trends, as the outlook remains uncertain but no major shifts are anticipated in the next year.
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SELECTED PROPERTY
3BR+M · Corner · High Floor
Intel Score: 45/100
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