Great View · Larger Layout
Meydan Horizon· Verified Network· Ref RS-L-11926873
Listing data verified in the last few hours
Off‑plan 1‑bed, 2‑bath apartment in Meydan Horizon offers an 8% gross yield but is priced about 3% above district median.
AI Investor Narrative
Why this listing scores the way it does
The unit is a 839 sqft off‑plan apartment priced at AED 1,899,999 (≈ AED 2,265 per sqft). Internal data flags a gross yield of 8%, which is attractive for income‑focused investors, though net yields will be lower after service charges and vacancy (typically 1‑2 pts). The location score of 65 and a modest overall score of 58 suggest decent but not premium positioning within Meydan Horizon. However, the price per sqft sits roughly 3% above the inferred district median, indicating limited pricing advantage. The development is by EVA Real Estate, and as an off‑plan project, construction risk and potential delays must be considered. Given the above‑market pricing, the primary upside hinges on achieving the projected yield and any future appreciation in a growing corridor. The lack of market depth (sample size unknown) and the off‑plan status introduce liquidity and construction‑delay risks. Investors should weigh the strong gross yield against these uncertainties and the modest location score before committing.
Deal signals
- high yield70/100
internal_estimated_yield 8% gross suggests strong rental return
Risk flags
- construction delaymedium
Off‑plan status may lead to timeline extensions
- liquiditymedium
No comparable transaction sample; market depth appears thin
- developer creditlow
Developer EVA Real Estate not widely benchmarked in internal data
Comparables
Negotiation playbook
Verify the unit's registration in the DLD transaction register and negotiate down to the district median price of roughly AED 2,198 per sqft (≈ AED 1.84 million for 839 sqft). The listing is 0 days on market and priced about 3% above the inferred median, providing a concrete basis for a price reduction request.
Verdict
Yield forecast
3-year appreciation
Market pulse · Meydan Horizon
Sentiment +0 · stable
With no recent listings, the market signal is muted. Absent price and absorption data, the outlook remains uncertain, and investors should watch for any new supply or policy shifts before committing.
Connect with this listing
Leave your details and we'll forward your inquiry to the agent for this listing — and introduce a verified Dubai partner if you opt in. reaisale never charges buyers.
Connect — freeGet connected — free
Leave your details and we'll connect you with the agent for the listing you're interested in. You also get a personalised intelligence memo and a tracked reference code. reaisale never charges buyers — we're paid by the broker side.
SELECTED PROPERTY
Great View · Larger Layout
Intel Score: 58/100
Request Your Deal Passport
Free · takes 60 seconds · we never charge buyers.