Original Price · Paid: · Garden Views
Fahid Island· Verified Network· Ref RS-L-11987624
Listing data verified in the last few hours
Off‑plan studio on Fahid Island priced well below market with a strong gross yield but carries typical new‑development risks.
AI Investor Narrative
Why this listing scores the way it does
The unit is a 474 sqft studio offered at AED 1,874,853, which translates to AED 3,955 per sqft. Internal benchmarking flags the price at roughly 40% of comparable market levels, indicating a substantial discount. Coupled with an internal gross yield estimate of 7.3%, the cash‑flow profile appears attractive for income‑focused investors. However, the overall internal score (43) and risk index (44) reflect moderate concerns around the developer’s track record and the nascent liquidity of Fahid Island’s secondary market. The off‑plan status adds construction‑phase uncertainty, and the lack of any days‑on‑market history means the price may not have been stress‑tested by buyer activity. Given the location score of 65, Fahid Island is positioned as an emerging sub‑market with growth potential, but the absence of public comparable transactions (sampleSize = 0) limits confidence in the price positioning. Investors should therefore treat the gross yield as a starting point; net yields will be lower after accounting for service charges, vacancy and management fees, typically reducing the return by 1–2 percentage points. The combination of a deep price discount and a solid gross yield makes the deal worth consideration, provided the buyer conducts thorough due‑diligence on the developer and the project’s completion timeline.
Deal signals
- underpriced80/100
internal_priceVsMarket_percent 40 indicates price is 40% of market level
- high yield70/100
internal_estimated_yield 7.3% gross yield
- off plan discount60/100
status Off-Plan and days_on_market 0 suggest early‑stage pricing advantage
Risk flags
- liquiditymedium
Off‑plan studio in a developing district may have limited secondary‑market activity
- developer creditmedium
Nationwide Middle East Properties lacks a widely known track record in Dubai
- construction delaylow
Off‑plan status carries inherent schedule risk, but no specific delay indicators are provided
Comparables
Negotiation playbook
Anchor the price to the AED 3,955 per sqft figure, which is roughly 60% below the implied market level (priceVsMarket 40%). With zero days on market, the seller may be motivated to close quickly. Verify the transaction against the Dubai Land Department register and use the price‑per‑sqft gap as a lever to request a further discount or favorable payment terms.
Verdict
Yield forecast
3-year appreciation
Market pulse · Fahid Island
Sentiment +0 · stable
With no recent transaction data available for Fahid Island, market signals are limited. Investors should watch for new supply and broader Dubai residential trends before forming a view. The outlook remains uncertain over the next twelve months.
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SELECTED PROPERTY
Original Price · Paid: · Garden Views
Intel Score: 43/100
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