& Premium · DLD Waiver

The internal scoring framework rates this unit at 62 overall, reflecting a modest location score (63) and a relatively attractive price point – the listing price per sqft (AED 1,391) is roughly 5% under the inferred district median of AED 1,464. The gross yield estimate of 8.3% is above the market average for similar assets, suggesting strong cash‑flow potential, though investors should discount 1–2 points for service charges, vacancy and management to arrive at a realistic net yield around 6.5‑7.5%. However, the property is off‑plan, with zero days on market, which introduces construction‑phase uncertainty and potential delays. The developer, “First & Top Real Estate,” is not a widely recognized brand in the dataset, adding a modest developer‑credit risk. The risk index of 45 signals a balanced risk profile, but the lack of concrete comparable transaction volume (sampleSize = 0) reduces confidence in the pricing advantage. Overall, the deal balances an appealing discount and yield against off‑plan execution risk.

Anchor the price negotiation on the 5% discount to the inferred Majan median of AED 1,464/sqft (listing at AED 1,391/sqft) and the fact that the unit has been on market for 0 days, indicating a motivated seller. Request verification of the DLD transaction register to confirm the developer’s actual pricing history before finalizing the offer.

With no recent listings captured, market signals are weak and any direction is unclear. Investors should monitor upcoming off‑plan launches and macro‑economic trends before forming a view. Caution is advised given the current data gap.