Waterfront Community · Resort Living Style
Al Hudayriat Island· Verified Network· Ref RS-L-11934811
Listing data verified in the last few hours
A 1‑bed, 2‑bath off‑plan apartment on Al Hudayriat Island offers a strong gross yield but trades slightly above market price, warranting careful price negotiation.
AI Investor Narrative
Why this listing scores the way it does
The unit’s 1,071 sqft size at AED 2,252,160 translates to AED 2,103 per sqft, which the internal baseline flags as roughly 1% above the district median of about AED 2,082 per sqft. While the price premium is modest, the internal gross yield estimate of 7.2% is attractive for Dubai’s residential market, especially given the waterfront location and a solid location score of 75. However, the off‑plan status introduces construction and developer execution risk, and the internal risk index of 40 suggests a moderate risk profile. Investors should also note that the gross yield will be reduced by service charges, vacancy and management costs, typically lowering net yield by 1–2 points, implying a realistic net return around 5.2%–6.2%. The short market exposure of 22 days indicates limited buyer activity so far, but also limits the seller’s leverage. The developer, Mirage Capital Properties, does not have a publicly known credit track record in the data provided, adding a developer‑credit consideration. Liquidity may be constrained for an off‑plan unit on a niche island community, which could affect resale timing. Overall, the high gross yield offsets the slight price premium, making the asset a BUY candidate for investors comfortable with off‑plan execution risk and seeking income‑focused exposure in a premium waterfront district.
Deal signals
- high yield80/100
internal_estimated_yield 7.2% gross
Risk flags
- liquiditymedium
Off‑plan unit in a niche island community may have limited secondary‑market depth
- developer creditmedium
Developer Mirage Capital Properties lacks disclosed credit history in the provided data
Comparables
Negotiation playbook
Verify the unit’s details against the Dubai Land Department transaction register before committing. Use the 1% price‑per‑sqft premium as a negotiation lever: target the district median of AED 2,082 / sqft, which would bring the total price to roughly AED 2,227,000 – about AED 25,000 below the asking price. Emphasise the short 22‑day market time to suggest the seller may be motivated to close the deal promptly.
Verdict
Yield forecast
3-year appreciation
Market pulse · Al Hudayriat Island
Sentiment +0 · stable
Due to the lack of reliable data, the outlook for Al Hudayriat Island's residential market remains uncertain. As a result, it is challenging to predict future trends. Further research and data collection are necessary to provide a more accurate assessment.
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SELECTED PROPERTY
Waterfront Community · Resort Living Style
Intel Score: 61/100
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