High Floor · Sea and Marina View
Dubai Maritime City· Verified Network· Ref RS-L-12136757
Listing data verified in the last few hours
One‑bedroom off‑plan apartment in Dubai Maritime City priced about 60% below market, delivering roughly 7% gross yield.
AI Investor Narrative
Why this listing scores the way it does
The unit is a 1‑bedroom, 2‑bathroom apartment of 651 sqft, listed at AED 2.2 million (USD 599,455) which translates to AED 3,379 per sqft. Internal benchmarks indicate the market price per sqft in Dubai Maritime City is roughly AED 8,448, meaning this offering is priced around 60% under market – a substantial discount that drives the internal overall score to 44 despite modest location scoring (68). The internal estimated gross yield of 7.3% is attractive for an off‑plan asset, though investors should expect net yields 1–2 points lower after service charges, vacancy and management fees. The off‑plan status introduces construction‑phase risk, but the developer, Thrivestate Square Real Estate, is listed as verified, mitigating some credit concerns. Days on market is zero, indicating a fresh listing that may be open to negotiation. The combination of a deep price discount and solid gross yield positions the deal as a potential buy, provided the buyer conducts due diligence on the developer’s track record and confirms the transaction details via the DLD register.
Deal signals
- underpriced80/100
price_per_sqft_AED 3379 is ~60% below internal market estimate (priceVsMarket 40%)
- off plan discount70/100
status Off-Plan and priceVsMarket 40% indicate a discount typical for pre‑delivery units
Risk flags
- construction delaymedium
Off‑plan projects can face timeline overruns
- developer creditmedium
Thrivestate Square Real Estate is less established in Dubai market
- liquiditylow
Dubai Maritime City has limited secondary market activity
Comparables
Negotiation playbook
Anchor the price to the ~60% discount versus the district median (AED 3,379 vs AED 8,448 per sqft) and highlight the zero days on market as evidence of a fresh listing. Request a DLD transaction register check to confirm the developer’s past delivery record and negotiate further down to at least a 65% discount to compensate for construction‑phase risk.
Verdict
Yield forecast
3-year appreciation
Market pulse · Dubai Maritime City
Sentiment +0 · stable
With no recent transaction data, activity in Dubai Maritime City remains muted. The market is expected to stay stable over the next year, with any movement driven by new off‑plan launches rather than secondary‑market sales.
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SELECTED PROPERTY
High Floor · Sea and Marina View
Intel Score: 44/100
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