Full Canal View · 1BR Unit
Yas Island· Verified Network· Ref RS-L-12110942
Listing data verified in the last few hours
A 1‑bedroom off‑plan apartment on Yas Island priced 17% below market with a gross yield of 7.8% offers upside but carries construction and developer risk.
AI Investor Narrative
Why this listing scores the way it does
The unit is a 804 sqft off‑plan apartment on Yas Island listed at AED 1,500,000 (USD 408,719), translating to AED 1,866 per sqft. Internal benchmarks indicate this is roughly 17% under the district median price of about AED 2,250 per sqft, generating a strong gross yield signal of 7.8% according to the internal estimate. The location score of 65 reflects a solid but not premium position within Yas Island, while the overall score of 49 suggests the property is average on broader criteria such as amenities and market demand. The internal risk index of 44 points to moderate risk, primarily from construction timing and developer credit, which is typical for off‑plan projects. The price advantage and attractive gross yield are tempered by the off‑plan status, meaning completion risk and potential delays are material considerations. Net yields will be lower after accounting for service charges, vacancy and management fees—typically 1.0–2.0 percentage points below the gross figure—so investors should expect a net return in the 5.8%–6.8% range. Liquidity may also be limited given the nascent stage of the development and a sample size of zero for comparable sales, which adds uncertainty to resale prospects. Overall, the deal presents a compelling entry point if the buyer is comfortable with construction risk and conducts thorough due diligence.
Deal signals
- underpriced70/100
Price per sqft AED 1,866 is 17% below the internal market median of ~2,250 AED.
- high yield65/100
Internal estimated gross yield is 7.8%.
- off plan discount60/100
Listing is off‑plan, which typically carries a discount versus completed units.
Risk flags
- construction delaymedium
Off‑plan status introduces uncertainty on completion timing.
- developer creditmedium
Developer Urban City Property has no publicly verified track record in the data.
- liquiditylow
Zero days on market and no comparable transaction sample suggest limited secondary market activity.
Comparables
Negotiation playbook
Confirm the unit's registered price and size against the Dubai Land Department transaction register. Use the 17% price‑per‑sqft gap and the fact the listing has 0 days on market to propose an initial offer around AED 1,275,000 (approximately 15% below asking), citing the internal market median and off‑plan discount as justification.
Verdict
Yield forecast
3-year appreciation
Market pulse · Yas Island
Sentiment +0 · stable
With no recent transaction data, the sub‑market shows no clear directional bias. However, Dubai’s overall residential demand and the island’s tourism assets suggest a stable outlook over the next twelve months, with modest price pressure and inventory levels likely to remain constrained.
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SELECTED PROPERTY
Full Canal View · 1BR Unit
Intel Score: 49/100
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