DLD Waiver

The listing is an off‑plan studio‑type apartment (1 bed, 2 bath) of 669 sqft priced at AED 1,330,000, which internal benchmarks flag as 13% under market. The internal overall score of 69 and location score of 65 suggest a respectable but not premium position within Al Jaddaf, a district that is benefitting from ongoing infrastructure upgrades and proximity to the Dubai Creek Harbour development. The internal estimated gross yield of 8.6% is attractive for a rental‑focused investor, though net yields will be materially lower after accounting for service charges, vacancy and management fees – typically 1–2 percentage points, implying a realistic net return of roughly 6.5%–7.5%. However, the off‑plan status introduces construction‑phase risk, and the developer "First & Top Real Estate" lacks a publicly known track record, raising a moderate construction‑delay and developer‑credit concern. Days on market is zero, indicating the unit is brand new to the market, which limits liquidity data. No comparable transaction data is available, so price positioning relies solely on the internal -13% price‑vs‑market metric. Overall, the price discount and yield potential outweigh the execution risks for a buyer comfortable with off‑plan exposure.

Confirm the DLD transaction register to verify the unit's official price and ownership details. Anchor the offer around the 13% market discount (price per sqft AED 1,988 vs district median) and highlight the zero days on market as a sign of fresh listing, using these data points to negotiate a further concession.

Given the absence of recent transaction data for Al Jaddaf, market activity appears limited. The outlook remains uncertain, with potential influence from broader Dubai residential trends.