Last Waterfront Tower · New Downtown
Dubai Creek Harbour· Verified Network· Ref RS-L-12056834
Listing data verified in the last few hours
Off‑plan 1‑bedroom apartment in Dubai Creek Harbour is priced modestly below market with a solid gross yield but carries typical construction and liquidity risks.
AI Investor Narrative
Why this listing scores the way it does
The unit offers 737 sqft at AED 1,800,000 (USD 490,463) translating to AED 2,442 per sqft. Internal metrics show a location score of 83 and an overall score of 65, while the price is 3% under the internal market benchmark, suggesting a modest discount. The internal gross yield estimate of 6.6% is attractive for Dubai off‑plan assets, though investors should expect net yields 1–2 points lower after service charges, vacancy and management fees. Dubai Creek Harbour remains a high‑growth corridor, supported by infrastructure and proximity to the new downtown core, which underpins the location premium reflected in the internal scores. The price‑per‑sqft gap of roughly AED 77 below the inferred district median (≈AED 2,519) provides a tangible bargaining point. Risks stem from the off‑plan status, which introduces construction‑delay exposure, and the developer, First & Top Real Estate, whose limited public track record raises a moderate credit concern. Liquidity is also limited until completion, as indicated by zero days on market. Investors should factor these risks and adjust expectations for net yield accordingly.
Deal signals
- underpriced60/100
priceVsMarket -3% indicates listing is 3% below market median.
- off plan discount55/100
status Off-Plan and price per sqft 2,442 AED is below district median (~2,519 AED).
- growth corridor70/100
district Dubai Creek Harbour has internal locationScore 83, indicating strong growth prospects.
- high yield50/100
internal_estimated_yield 6.6% gross exceeds typical Dubai off‑plan yields.
Risk flags
- construction delaymedium
Off‑Plan status carries risk of construction delays.
- developer creditmedium
Developer First & Top Real Estate has limited public track record.
- liquiditylow
Zero days on market and off‑plan nature may limit immediate resale liquidity.
Comparables
Negotiation playbook
Lead with conditions, not price. Ask for service-charge clarity, payment-plan flexibility and any developer cash incentives before discussing a discount.
Seller-intent signals
Signal strength: 84/100 · 1 indicator
Verdict
Yield forecast
3-year appreciation
Market pulse · Dubai Creek Harbour
Sentiment +0 · stable
Due to the lack of reliable data, the outlook for Dubai Creek Harbour's residential market remains uncertain. Without recent listings or sales data, it's challenging to predict future trends. As more information becomes available, a clearer picture of the market's direction will emerge.
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SELECTED PROPERTY
Last Waterfront Tower · New Downtown
Intel Score: 65/100
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