Boulevard View · Mid Floor · Middle Unit
Downtown Dubai· Verified Network· Ref RS-L-12246366
Listing data verified in the last few hours
A ready‑to‑move 2‑bedroom downtown Dubai apartment priced about 25% below market, delivering a solid 6.5% gross yield.
AI Investor Narrative
Why this listing scores the way it does
The subject unit is a mid‑floor, middle‑position apartment in Downtown Dubai, offering 1,412 sq ft of living space with two bedrooms and three bathrooms. Listed at AED 3,850,000 (≈USD 1,049,046) the price per square foot is AED 2,727, which is markedly lower than the district’s implied median of roughly AED 3,636. The internal scoring system rates the property highly – an overall score of 84, a location score of 94, and a gross yield estimate of 6.5%, well above the typical 4‑5% yields seen in comparable Dubai assets. The -25% price‑vs‑market differential is the primary driver of the strong investment case. At the current price the gross rental return translates to a net yield of roughly 5.0‑5.5% after accounting for service charges, vacancy and management fees (usually 1‑2 percentage points lower than gross). The downtown location benefits from sustained demand, premium infrastructure, and limited new supply, supporting both current cash flow and medium‑term capital appreciation. Risks are modest but not negligible. The comparable sample size is effectively unknown (sampleSize = 0), which introduces liquidity uncertainty should the investor need to exit quickly. The developer, Strada Real Estate, is not among the market’s most established players, implying a low‑to‑moderate developer‑credit risk. Service‑charge escalation and potential oversupply in the broader downtown segment remain standard considerations. Overall, the combination of a deep price discount, strong location fundamentals, and an attractive gross yield positions this asset as a compelling addition for income‑focused investors seeking exposure to Dubai’s premium core market.
Deal signals
- underpriced85/100
priceVsMarket_percent -25 indicates the unit is priced 25% below the district median
- high yield75/100
internal_estimated_yield 6.5% gross is above typical market yields
- motivated seller60/100
days_on_market 1 suggests the seller may be eager to close
Risk flags
- liquiditymedium
No comparable transaction sample (sampleSize=0) may limit resale speed
- developer creditlow
Strada Real Estate is not a top‑tier developer, implying modest credit risk
Comparables
Negotiation playbook
Verify the transaction against the Dubai Land Department register before committing. Use the 25% price‑vs‑market gap (AED 2,727 vs district median AED 3,636) and the fact the unit has been on market for only one day to anchor an offer around AED 3,200,000 (≈20% below asking), leaving room to adjust based on the seller’s response and any disclosed service‑charge history.
Verdict
Yield forecast
3-year appreciation
Market pulse · Downtown Dubai
Sentiment +0 · stable
No actionable market intelligence available. Zero recent listings in sample and all key metrics (price, velocity, off-plan mix) are unknown. Recommend sourcing primary transaction data from RERA or licensed brokers before forming investment thesis.
Connect with this listing
Leave your details and we'll forward your inquiry to the agent for this listing — and introduce a verified Dubai partner if you opt in. reaisale never charges buyers.
Connect — freeGet connected — free
Leave your details and we'll connect you with the agent for the listing you're interested in. You also get a personalised intelligence memo and a tracked reference code. reaisale never charges buyers — we're paid by the broker side.
SELECTED PROPERTY
Boulevard View · Mid Floor · Middle Unit
Intel Score: 84/100
Request Your Deal Passport
Free · takes 60 seconds · we never charge buyers.