Closed Kitchen · Smart Home System
Al Furjan· Verified Network· Ref RS-L-12118859
Listing data verified in the last few hours
A 2‑bed, 3‑bath ready apartment in Al Furjan priced about 3% below market, offering a solid 7.3% gross yield with low risk indicators.
AI Investor Narrative
Why this listing scores the way it does
The unit sits in Al Furjan, a mid‑tier residential district with an internal location score of 70. At 984 sqft and a price of 1,550,000 AED, the price per sqft (1,575 AED) is roughly 3% under the inferred district median of ~1,622 AED, giving the property a modest price advantage. The internal overall score of 62 reflects a balanced mix of location, condition (ready), and developer reputation, while the internal estimated gross yield of 7.3% is attractive for a ready‑to‑rent asset. Net yields will be lower after service charges, vacancy and management fees, typically 1–2 points, putting realistic net returns in the 5.3‑6.3% range. Risk is muted: the internal risk index is 32 (low) and the developer, Stage Properties, has no flagged credit concerns in the data. However, the comparable transaction sample is absent (sampleSize 0), creating liquidity uncertainty for future resale. The short market exposure of only 7 days suggests the seller may be motivated to close quickly, but the lack of broader market data tempers confidence. Overall, the price discount and yield combine to make the asset a compelling buy, provided the buyer validates the transaction details with the DLD register.
Deal signals
- underpriced70/100
price is 3% below market (price_per_sqft_AED 1,575 AED vs district median ~1,622 AED)
- high yield65/100
gross yield estimated at 7.3% by internal model
Risk flags
- liquiditylow
no comparable transaction sample (sampleSize 0) makes resale timing uncertain
Comparables
Negotiation playbook
Confirm the unit’s transaction history on the Dubai Land Department register before committing. Use the 3% price‑per‑sqft discount and the 7‑day market exposure as leverage to request a further 2‑3% reduction or favorable payment terms, citing the thin comparable data as a justification for a tighter price.
Seller-intent signals
Signal strength: 70/100 · 1 indicator
Verdict
Yield forecast
3-year appreciation
Market pulse · Al Furjan
Sentiment +0 · stable
With no recent transaction data, market direction is unclear. The sub‑market is expected to remain stable, supported by ongoing community projects, but investors should monitor supply of new units and broader Dubai trends.
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SELECTED PROPERTY
Closed Kitchen · Smart Home System
Intel Score: 62/100
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