Full Park Views · Unique Layout · All Ensuite

The unit is a 2‑bedroom, 3‑bathroom off‑plan apartment in Bur Dubai, 1,140 sq ft, listed at AED 2,300,000 (≈AED 2,018 / sq ft). Internal scoring assigns an overall score of 54, a location score of 67, and a price‑vs‑market premium of +10%, while the internal model estimates a gross yield of 7.9%.\n\nAt roughly 10% above the internal district median price per square foot (≈AED 1,835 / sq ft), the price premium depresses the overall valuation despite the attractive gross yield. Net yield will be materially lower after accounting for service charges, vacancy and management fees—typically 1.0–2.0 percentage points less—placing the realistic net return in the 5.9%–6.9% range.\n\nThe off‑plan status introduces construction‑delay risk and thin liquidity, as there is no transaction history and the property has been on the market for 0 days. The developer, Driven Properties, lacks an internal credit rating, so verification of its delivery track record is essential.\n\nGiven the moderate overall score, the high gross yield, and the price premium coupled with off‑plan uncertainties, the property merits a BUY recommendation, provided the buyer negotiates a price correction and conducts thorough due‑diligence.

Lead with conditions, not price. Ask for service-charge clarity, payment-plan flexibility and any developer cash incentives before discussing a discount.

Given the absence of recent transaction data for Bur Dubai, market direction remains unclear. Investors should monitor upcoming supply and macro trends, but short‑term volatility is possible.