Beachfront Elegance · Prime Address · Original Price Only

The listing is a 2‑bedroom, 3‑bathroom apartment of 1,294 sqft on Fahid Island, priced AED 3,867,984 (USD 1,053,947) which translates to AED 2,989 per sqft. Internal benchmarks show this price is only 40% of the market level, implying a roughly 60% discount to the district median of about AED 7,473 per sqft. The location score of 65 suggests moderate demand growth, and the beachfront setting adds a premium appeal. Internal data estimates a gross yield of 7.3%, which is attractive in the current Dubai market. As a fiduciary note, net yield will be materially lower after accounting for service charges, vacancy and management fees—typically 1.0–2.0 percentage points less—so investors should expect a net return in the 5.3%–6.3% range. The off‑plan status and zero days on market indicate the developer is seeking early buyers, which aligns with the observed price discount. However, the overall internal score of 43 and risk index of 44 flag moderate concerns. The developer, Open Home Properties, lacks a widely recognised track record, raising credit risk. Off‑plan projects also carry construction‑delay risk, and the absence of comparable transaction data (sample size 0) limits liquidity assessment. These factors temper the attractiveness despite the price advantage.

Lead with conditions, not price. Ask for service-charge clarity, payment-plan flexibility and any developer cash incentives before discussing a discount.

Given the absence of recent transaction data for Fahid Island, market signals are limited. The outlook remains uncertain, with potential for stability if broader Dubai trends persist. Investors should monitor upcoming supply and macroeconomic cues.