Resale Offplan · Unique and
Palm Jumeirah· Verified Network· Ref RS-L-12188145
Listing data verified in the last few hours
Palm Jumeirah off‑plan 3‑bedroom apartment appears priced well below market, offering a solid gross yield in a premium location.
AI Investor Narrative
Why this listing scores the way it does
The property sits in Palm Jumeirah, scoring 97 on our internal location metric, reflecting the district’s premium status and limited supply. Its price per square foot of AED 5,579 is 28% below the internal median for the area, driving an internal overall score of 50 and suggesting a pricing advantage. The internal gross yield estimate of 4.9% is above the typical Dubai residential benchmark, reinforcing the income potential, though net yields will be lower after service charges and vacancy. However, the unit is off‑plan, which introduces construction‑related risk and may affect liquidity, especially given the high absolute price of AED 35 million.
Deal signals
- underpriced70/100
internal_priceVsMarket_percent 28 indicates price 28% below district median
- off plan discount60/100
status Off-Plan and days_on_market 0 suggests fresh off‑plan pricing
- high yield55/100
internal_estimated_yield 4.9% gross exceeds typical Dubai residential yields
Risk flags
- construction delaymedium
Off‑plan unit may face delivery delays common in new projects
- liquiditylow
High price and off‑plan status may limit secondary market activity
- developer creditlow
Driven Properties lacks publicly disclosed track record
Comparables
Negotiation playbook
Anchor the offer to the 28% price‑per‑sqft discount versus the Palm Jumeirah median (AED ~7,749/sqft). With zero days on market, the seller may be motivated to close quickly. Verify the unit’s details against the Dubai Land Department transaction register before committing, and use the price gap as a primary bargaining lever.
Verdict
Yield forecast
3-year appreciation
Market pulse · Palm Jumeirah
Sentiment +0 · stable
Palm Jumeirah remains a niche ultra-luxury market with structural supply constraints that support pricing resilience, but absence of recent transaction data prevents directional conviction. Investor appetite remains tied to global wealth flows and AED stability rather than local market dynamics.
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SELECTED PROPERTY
Resale Offplan · Unique and
Intel Score: 50/100
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