Spacious Apartment · Fully Furnished · Marina View
Jumeirah Village Triangle· Verified Network· Ref RS-L-12044290
Listing data verified in the last few hours
A well‑located 2‑bedroom off‑plan apartment with strong gross yield but modest price advantage and construction risk.
AI Investor Narrative
Why this listing scores the way it does
The unit sits in Jumeirah Village Triangle, a district scoring 70 on our internal location metric, indicating solid but not premium demand fundamentals. The internal overall score of 59 reflects a balanced profile: attractive gross yield of 7.2% against a market‑aligned price (priceVsMarket 1%), yet the off‑plan status introduces execution uncertainty. The developer, First & Top Real Estate, is not a marquee name, adding a moderate credit consideration. Yield is the primary upside driver; a gross 7.2% translates to an estimated net return of roughly 5.2%–6.2% after typical service‑charge, vacancy and management deductions. Price per square foot (AED 1,164) is marginally above the inferred market level, offering limited pricing leverage. Days on market is zero, so the listing is fresh, but that also means no market validation of demand for this specific unit. Overall, the property offers a decent income proposition if construction completes on schedule and the developer’s reputation holds, but investors should weigh the off‑plan execution risk and limited liquidity.
Deal signals
- high yield80/100
internal_estimated_yield 7.2% gross
- underpriced30/100
internal_priceVsMarket_percent 1% indicates price near market
- off plan discount40/100
status Off-Plan and days_on_market 0 suggest early-stage pricing
- growth corridor55/100
district Jumeirah Village Triangle locationScore 70 indicates moderate growth potential
Risk flags
- construction delaymedium
Off‑Plan status carries execution risk
- developer creditmedium
Developer First & Top Real Estate lacks public credit profile
- liquiditylow
Zero days on market and off‑plan unit may have limited resale liquidity
Comparables
Negotiation playbook
Confirm the unit’s official DLD transaction record before committing; use the negligible days‑on‑market (0) and the modest 1% price‑vs‑market gap to argue for a price‑per‑sqft reduction, targeting a level at or below the district median (currently unknown). Emphasise the off‑plan nature to request construction‑milestone‑linked payment terms.
Verdict
Yield forecast
3-year appreciation
Market pulse · Jumeirah Village Triangle
Sentiment +0 · stable
Given the absence of recent transaction data, market direction remains unclear. Investors should monitor broader Dubai trends and any policy shifts that could affect supply. Caution is advised until more concrete pricing signals emerge.
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SELECTED PROPERTY
Spacious Apartment · Fully Furnished · Marina View
Intel Score: 59/100
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