Cash Price - Fully Furnished - 2 Minutes to metro
Wasl Gate· Verified Network· Ref RS-L-12349323
Listing data verified in the last few hours
A 1‑bedroom off‑plan apartment in Wasl Gate is priced roughly 30% below market, offering a strong gross yield but carries typical off‑plan execution risks.
AI Investor Narrative
Why this listing scores the way it does
The listing scores 78 on our internal model, driven primarily by a substantial price discount (‑30% vs market) and an attractive gross yield estimate of 9.3%. The location score of 65 reflects Wasl Gate’s emerging appeal, while the one‑day market exposure suggests a motivated seller or a quick price adjustment. The developer, City Edge Real Estate, is not among the most established brands, which introduces a moderate construction‑delay and credit risk typical of off‑plan projects. Overall, the financial upside from the discount and yield outweighs the execution uncertainties for investors comfortable with off‑plan exposure.
Deal signals
- underpriced80/100
priceVsMarket_percent is -30, indicating the unit is 30% below comparable market prices
- high yield75/100
internal_estimated_yield is 9.3%, a high gross yield for a 1‑bedroom in Dubai
- off plan discount60/100
status is Off-Plan, which traditionally carries a discount relative to completed units
- motivated seller70/100
days_on_market is 1, suggesting the seller is eager to close quickly
Risk flags
- liquiditymedium
Off‑plan unit with limited resale history may be harder to liquidate
- construction delaymedium
Off‑plan status introduces risk of delivery delays
- developer creditmedium
City Edge Real Estate is not a top‑tier developer, raising credit concerns
Comparables
Negotiation playbook
Given the unit is listed at AED 1,250 per sqft—about 30% under the district median of roughly AED 1,786—use this gap as a primary bargaining chip. Emphasise the 1‑day market time as evidence of seller motivation, but request verification of the transaction price against the Dubai Land Department register before finalising any offer.
Seller-intent signals
Signal strength: 96/100 · 1 indicator
Verdict
Yield forecast
3-year appreciation
Market pulse · Wasl Gate
Sentiment +0 · stable
Insufficient data is available to determine the current market sentiment or trend direction for Wasl Gate. As a result, no outlook can be provided. Further data collection is necessary to assess the residential sub-market conditions.
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SELECTED PROPERTY
Cash Price - Fully Furnished - 2 Minutes to metro
Intel Score: 78/100
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