Waterfront - Forest Community · High Capital Growth
Dubai Maritime City· Verified Network· Ref RS-L-12066755
Listing data verified in the last few hours
Off‑plan 2‑bedroom apartment in Dubai Maritime City priced well below market with a strong gross yield but carries typical new‑development risks.
AI Investor Narrative
Why this listing scores the way it does
The unit is offered at AED 3.885 million, translating to AED 2,685 per sqft – roughly 60% below the inferred district median of AED 6,713 per sqft (priceVsMarket 40%). This pricing gap drives the internal overall score of 44 despite a solid location score of 68 for Dubai Maritime City, a zone earmarked for gradual waterfront development. The internal estimated gross yield of 7.3% is attractive relative to market averages, but investors should discount 1–2 points for service charges, vacancy and management to gauge net returns. The off‑plan status means the buyer faces construction‑delay risk and limited secondary‑market liquidity, which is reflected in the moderate risk index (43).
Deal signals
- underpriced80/100
price_per_sqft_AED 2,685 is ~60% below district median (~6,713 AED) based on internal priceVsMarket_percent 40
- high yield70/100
internal_estimated_yield 7.3% gross indicates a strong yield for the asset class
Risk flags
- construction delaymedium
off‑plan status may encounter schedule overruns
- developer creditmedium
developer Elite Prime Real Estate lacks a widely recognized track record
- liquiditylow
zero days on market but off‑plan units have limited resale liquidity
Comparables
Negotiation playbook
Given the 60% price‑per‑sqft discount and the fact the unit has been on the market for 0 days, anchor your offer around the district median of AED 6,713/sqft. Request the DLD transaction register to confirm the actual sale price and verify construction timelines before committing.
Verdict
Yield forecast
3-year appreciation
Market pulse · Dubai Maritime City
Sentiment +0 · stable
Given the absence of recent transaction data for the area, the market outlook remains uncertain. No clear price or demand trends can be identified, so investors should watch upcoming supply and broader market conditions.
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SELECTED PROPERTY
Waterfront - Forest Community · High Capital Growth
Intel Score: 44/100
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