High Floor · Furnished Studio · Post Handover Plan

The unit is a 419 sqft furnished studio offered at AED 1.24 million, translating to AED 2,959 per sqft. Internal pricing data suggests the asking price is roughly 40% of comparable market levels, indicating a substantial discount. The location score of 80 reflects Jumeirah Lake Towers’ established infrastructure and proximity to key business corridors, supporting demand for rental units. However, the overall internal score of 46 and a risk index of 38 point to moderate concerns around liquidity and potential oversupply in the tower cluster, especially for studio inventory. The gross yield estimate of 5.7% is attractive, but investors should expect net yields 1–2 points lower after service charges, vacancy and management fees. The off‑plan status adds construction‑completion risk, and the developer, Pradhan Real Estate, lacks a publicly known track record, warranting additional due‑diligence.

Given the 60% discount implied by the internal price‑vs‑market metric and a zero‑day market exposure, anchor the offer around AED 2,200‑2,400 per sqft (roughly 20‑30% below the listed AED 2,959). Verify the unit’s DLD transaction history and request a price‑adjustment clause tied to the final handover date to mitigate construction‑delay risk.

With no recent transaction data, market activity appears muted. Broad Dubai trends suggest demand will stay steady and supply growth is limited, so JLT is likely to remain stable over the next year, though any new off‑plan launches could shift sentiment.