High End · Prime Area

This 1‑bedroom, 2‑bathroom apartment in Meydan is offered at AED 2,624,301, which translates to AED 2,601 per sqft – roughly 38% of the internal market benchmark for the district. The internal location score of 78 reflects strong demand fundamentals, while the overall score of 49 indicates a mixed risk‑return profile. The gross yield estimate of 6.4% is attractive for Dubai, but investors should expect net yields 1‑2 points lower after service charges, vacancy and management fees. The property has been on the market for 273 days, suggesting limited buyer interest and potential liquidity constraints. As an off‑plan unit, completion timing and construction quality remain uncertain, adding construction‑delay risk. The developer, Cresco Real Estate, lacks a widely recognized track record, which modestly elevates developer‑credit risk. Nonetheless, the sizeable price discount relative to market and the district’s growth outlook provide a compelling entry point for value‑seeking investors willing to manage the attendant risks.

Anchor the offer on the 62% discount to the district median price (AED 2,601 vs AED 6,845 per sqft) and the 273‑day market exposure. Request verification of the unit’s DLD transaction history and negotiate a further concession to reflect off‑plan uncertainty and liquidity risk.

Given the absence of recent listing data, market signals are limited. The outlook remains uncertain, with potential stability pending broader Dubai trends.