Furnished 1BR Apartment · Lagoon & Park Views · Gate Eleven Building 4

The unit is listed at AED 1,756,478 for 910 sq ft, translating to AED 1,930 per sq ft. Internal benchmarking shows the district median is around AED 2,573 per sq ft, meaning the price is roughly 25% under market – a key driver of the internal overall score of 81. The developer’s off‑plan status adds a discount premium, while the internal estimated gross yield of 7.5% further supports the attractiveness, especially after accounting for typical net‑to‑gross adjustments of 1–2 percentage points. The location score of 81 reflects strong demand fundamentals in Mohammed Bin Rashid City, a corridor benefitting from ongoing infrastructure and mixed‑use projects, which underpins a modest appreciation outlook. However, the off‑plan nature introduces construction‑phase risk and limited liquidity, reflected in the internal risk index of 38. Overall, the pricing advantage and yield outweigh the moderate execution risk, positioning the asset as a buy for investors comfortable with off‑plan exposure.

Confirm the transaction details against the Dubai Land Department register and use the 25% price‑per‑sqft discount as a hard anchor. With zero days on market, the seller has little price pressure, but the under‑pricing gives you room to request a further 5‑10% reduction or favorable payment terms tied to construction milestones.

Insufficient data is available to determine the current market sentiment or trend in Mohammed Bin Rashid City. As a result, no definitive outlook can be provided. Further data collection is necessary to assess the residential sub-market's performance.