Spacious 3BR

The property is a 3‑bedroom, 5‑bathroom townhouse on Al Hudayriat Island, offered at AED 4.45 million (USD 1.21 million) which translates to AED 1,572 per sqft. Internal benchmarking shows this price is roughly 29% under the district median, delivering a gross yield of 6.2%—well above the typical market range for similar assets. The internal overall score of 76 and location score of 75 reinforce the asset’s attractiveness in a high‑growth corridor of Dubai. However, the unit is off‑plan, introducing construction‑delay risk and uncertainty around the developer’s credit profile, which tempers the upside. The internal risk index of 40 suggests moderate exposure, primarily from liquidity and developer credit considerations. While the gross yield appears strong, investors should expect net yields to be 1–2 points lower after accounting for service charges, vacancy, and management fees, placing realistic net returns in the 4.2%–5.2% band. The zero days on market indicates the seller may be motivated, offering negotiation leverage. Overall, the price discount and yield potential outweigh the off‑plan uncertainties, supporting a BUY recommendation.

Confirm the transaction details against the Dubai Land Department register before proceeding. Use the 29% price‑per‑sqft discount versus the district median (AED ~2,216/sqft) and the fact the listing has been live for 0 days as leverage to request a further price reduction or favorable payment terms.

Given the absence of recent transaction data, market signals are limited. The area remains attractive due to its waterfront location and ongoing development, but price trends are unclear. Investors should monitor upcoming project launches and broader Dubai market dynamics.