Vacant On Transfer · Park View

The property scores 62 on the internal model, driven by a strong location score of 83 for Dubai Creek Harbour and a respectable gross yield of 6.4%. The price is 3% above the internal market benchmark, which tempers the attractiveness despite the short 12‑day time on market that suggests the seller may be open to negotiation. The developer is listed as Allsopp & Allsopp – Business Bay Sales, a brokerage rather than the actual project developer, introducing a moderate credit risk that should be verified. Service charges, vacancy and management fees typically shave 1–2 points off the gross yield, meaning the net return is likely in the 4.4%–5.4% range. Dubai Creek Harbour remains a growth corridor with ongoing infrastructure and tourism projects, supporting medium‑term capital appreciation expectations of 2%–6% per annum. However, the lack of comparable transaction data for the district (sample size unknown) reduces confidence in the pricing assessment. Investors should therefore focus on confirming the DLD transaction register, negotiating a price adjustment to align with the district median price per sqft, and factoring in the modest upside risk from potential oversupply in the broader Creek Harbour market.

Verify the unit's transaction history against the DLD register and use the 2,482 AED per sqft price as a baseline. With the internal market benchmark indicating the unit is about 3% above the district median, request a price reduction of roughly that amount. The short 12‑day market exposure also supports a tighter negotiation stance.

Due to insufficient recent listing data, the outlook for Dubai Creek Harbour remains uncertain. Investors should exercise caution and await more comprehensive market data before making informed decisions. The current lack of transparency hinders accurate forecasting.