2BR + Maid · Lagoon Facing
Mohammed Bin Rashid City· Verified Network· Ref RS-L-12009374
Listing data verified in the last few hours
A 2‑bedroom off‑plan apartment in Mohammed Bin Rashid City is priced about 4% below market and offers a solid 6.7% gross yield, but carries typical off‑plan construction and developer risks.
AI Investor Narrative
Why this listing scores the way it does
The unit offers 1,138 sqft of space at AED 2,685,000, translating to AED 2,359 per sqft. Internal benchmarks show the price is roughly 4% under the district median, giving the buyer an immediate price advantage. The location score of 81 reflects strong demand drivers in Mohammed Bin Rashid City, while the overall score of 66 signals a balanced proposition. The internal gross yield estimate of 6.7% is attractive for Dubai residential assets. After accounting for service charges, vacancy, and management fees—typically eroding 1.0–2.0 points—the net yield is likely to sit around 4.7%–5.7%, still above many comparable core assets. This makes the cash‑flow profile a key upside. However, the property is off‑plan, introducing construction‑delay and developer‑credit risk. Real Tree Properties is not among the most established developers in the market, and the internal risk index of 38 flags moderate exposure. Off‑plan units also tend to have thinner secondary‑market liquidity, which could affect resale timing. Overall, the price discount and yield potential outweigh the moderate risks, positioning the asset as a buy for investors comfortable with off‑plan exposure and willing to conduct due‑diligence on the developer and project timeline.
Deal signals
- underpriced70/100
internal_priceVsMarket_percent -4 indicates the price is 4% below market
- off plan discount60/100
status Off-Plan suggests early‑stage pricing discount
- high yield65/100
internal_estimated_yield 6.7% gross yield
Risk flags
- developer creditmedium
Off‑plan with Real Tree Properties, limited track record; internal risk index 38
- construction delaymedium
Off‑plan projects carry schedule risk
- liquiditylow
Off‑plan units often have limited secondary‑market liquidity
Comparables
Negotiation playbook
Lead with conditions, not price. Ask for service-charge clarity, payment-plan flexibility and any developer cash incentives before discussing a discount.
Verdict
Yield forecast
3-year appreciation
Market pulse · Mohammed Bin Rashid City
Sentiment +0 · stable
Given the absence of recent transaction data, market direction cannot be quantified with confidence. Historical trends in Dubai’s premium residential zones suggest modest activity, but any shift will depend on broader macro‑economic factors and upcoming project launches.
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SELECTED PROPERTY
2BR + Maid · Lagoon Facing
Intel Score: 66/100
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