LOW Premium · High Floor 2BR+M · Closed Kitchen
Al Reem Island· Verified Network· Ref RS-L-11880436
Listing data verified in the last few hours
High‑floor 2‑bedroom off‑plan apartment on Al Reem Island priced about 35% below market, delivering a strong gross yield.
AI Investor Narrative
Why this listing scores the way it does
The unit is a 2‑bedroom, 3‑bathroom apartment of 2,864 sqft on Al Reem Island, listed at AED 3,000,000 (≈USD 817,439) – roughly AED 1,047 per sqft. Internal benchmarks show this price is 35% under the district median, placing the offering well below comparable market levels. The building is off‑plan, which explains the short three‑day market exposure and the sizable price discount. Internal scoring assigns an overall rating of 81 and a location score of 74, indicating a solid asset in a desirable sub‑market. The internal gross yield estimate of 8.6% is attractive for Dubai’s rental market; however, investors should expect net yields to be 1–2 points lower after service charges, vacancy and management fees. The internal risk index of 40 suggests moderate risk, primarily linked to construction timing and limited liquidity for off‑plan units. Al Reem Island continues to benefit from infrastructure upgrades and demand from expatriates, supporting both rental demand and medium‑term capital appreciation. Nevertheless, the off‑plan status introduces construction‑delay risk, and the thin transaction sample for the district reduces confidence in the precise price positioning. Investors should weigh the discount against these execution risks.
Deal signals
- underpriced85/100
internal_priceVsMarket_percent -35 indicates price 35% below market
- high yield75/100
internal_estimated_yield 8.6% gross yield
- off plan discount65/100
status Off-Plan and price per sqft 35% below market
Risk flags
- construction delaymedium
Off‑plan projects may face completion delays
- liquiditylow
Off‑plan units typically have limited secondary‑market liquidity
- developer creditlow
Limited public credit information on Metropolitan Capital Real Estate
Comparables
Negotiation playbook
Given the 35% price gap to the district median and only three days on market, anchor the offer around AED 1,000 per sqft (≈AED 2,864,000 total) and request a price reduction to align with the median. Verify the unit’s registration and recent DLD transactions before finalising to ensure the quoted price reflects the true market value.
Seller-intent signals
Signal strength: 90/100 · 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
LOW Premium · High Floor 2BR+M · Closed Kitchen
Intel Score: 81/100
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