Smart homes I Payment plan 55/45 I Most competitive P/Sqft

The listing is an off‑plan 1‑bedroom, 2‑bathroom apartment of 782 sqft priced at AED 872,000 (≈AED 1,115 per sqft). The internal baseline flags the price as at‑market (priceVsMarket 0%) and assigns a gross yield of 8.1%, which is attractive for Dubai’s residential sector. However, the overall score of 58 and location score of 60 indicate a moderate‑quality development, and the developer Mahenti Real Estate does not have a publicly known track record, adding credit risk. The unit’s days‑on‑market is zero, suggesting it is newly listed and the seller may be motivated, but the off‑plan nature brings construction‑delay and title‑completion risks. Net yields will be lower than the gross 8.1% after service charges, vacancy and management fees, typically 1–2 percentage points, putting realistic net returns in the 6–7% range.

Confirm the unit’s actual transaction price against the Dubai Land Department register before committing. Use the zero days‑on‑market and the fact that the price per sqft matches the internal market benchmark to argue for a modest discount (e.g., 3‑5% off the listed AED 1,115/sqft). Emphasise the off‑plan risk and the developer’s limited pedigree to justify the price reduction.

Given the absence of recent transaction data, market direction is unclear. Investors should treat the sub‑market as neutral and watch for any new supply or policy signals. Caution is advised until more robust metrics emerge.