Modern Building

The unit offers 1,362 sqft of ready‑to‑move‑in space at AED 1.85 million (USD 504k), translating to AED 1,358 per sqft – a price that aligns with the internal market baseline. With two bedrooms and three bathrooms, the property sits in the emerging Arjan district, which carries a location score of 64 out of 100, indicating solid but not premium demand. The internal model assigns an overall score of 60, reflecting a balanced mix of location, price and yield factors. The gross yield estimate of 8.1% is attractive for a ready‑hand asset, but investors should discount 1–2 percentage points for service charges, vacancy and management fees, implying a net yield likely in the 6.0–7.0% range. The short listing period – only 13 days on market – suggests the seller may be motivated, especially given the price is already at the internal market median (price‑vs‑market percent 0). The risk index of 34 points to moderate exposure, primarily driven by limited comparable transaction data for Arjan and the relatively unknown developer, A R B Real Estate. Liquidity risk is medium because the district lacks a robust sales sample, and developer credit risk is also medium pending further due‑diligence on financial strength and delivery track record. Overall, the asset scores a BUY recommendation, but investors should conduct thorough verification of the DLD transaction register, confirm the developer’s completion history, and factor in the net yield adjustment before finalising any offer.

Verify the unit’s official DLD transaction record to confirm the listed price and price‑per‑sqft figure. With the price per sqft matching the internal market median and a mere 13 days on market, anchor your offer below the listed AED 1,358/sqft – for example, target AED 1,300/sqft – to reflect a modest discount for a motivated seller while still respecting market levels.

Arjan lacks sufficient recent transaction data to establish reliable pricing, velocity, or sentiment signals. With zero listings in the sample, directional bias cannot be determined. Investors should source primary data directly from agents and transaction records before committing capital.