Premium High-Floor 1BR · Full Lagoon View · Ellington

The listing is a 750 sqft, 1‑bed/2‑bath apartment in Meydan Horizon, priced AED 1.735 million (≈AED 2,313 per sqft). Internal scoring places the property at 65 overall with a location score of 65, indicating an average but not premium position within the district. The internal price‑vs‑market metric of –8% signals that the asking price is materially below comparable recent transactions, which underpins the underpriced signal. The internal estimated gross yield of 8.4% is attractive for Dubai’s rental market, though investors should expect net yields 1‑2 points lower after service charges, vacancy and management fees. Being off‑plan, the unit carries construction‑delay risk and uncertainty around final fit‑out quality. The developer, listed as "INV Why Real Estate", is not a widely recognized name in the market, adding a developer‑credit risk that should be vetted through DLD records and the developer’s track record. Days on market is zero, typical for off‑plan launches, but also means there is no market‑tested liquidity for this specific unit. Overall, the price discount and yield potential outweigh the execution risks for investors comfortable with off‑plan exposure.

Anchor the price to the -8% market discount: request a price per sqft at least 5% lower than the listed AED 2,313, citing the internal_priceVsMarket_percent. Emphasise the zero days‑on‑market and off‑plan status to argue for a further concession, but insist on verifying the unit’s registration and the developer’s DLD transaction history before signing.

Due to insufficient data, the outlook for Meydan Horizon's residential sub-market remains uncertain. No recent listings or market trends are available to inform a prediction. As a result, it is not possible to provide a definitive twelve-month outlook.