Wellness-Inspired · Green Community · Smart Home

The unit is a 1‑bedroom, 2‑bathroom apartment of 802 sqft priced at AED 1,350,000 (≈USD 367,847), translating to AED 1,683 per sqft. Compared with the internal market benchmark, the price is about 5% below the district median, and the property has been on the market for 293 days, suggesting room for negotiation. Haven by Aldar, developed by Alhad Real Estate, is positioned as a wellness‑focused, smart‑home community, which adds a lifestyle premium but remains in the early development stage. Scoring reflects a balanced view: the internal overall score of 66 and location score of 65 indicate an average but acceptable market position. The -5% price‑vs‑market metric drives the under‑price signal, while the internal estimated gross yield of 8.3% lifts the high‑yield signal. However, the off‑plan status introduces construction‑delay and developer‑credit risk, tempering the overall rating. Yield analysis shows a gross return of 8.3%, which is attractive relative to typical Dubai residential yields of 5‑6%. After accounting for service charges, vacancy, and management fees (generally 1‑2 percentage points), the net yield is likely in the 6‑7% range. This net figure remains competitive but should be weighed against the liquidity and completion uncertainties inherent in off‑plan projects. Given the price discount, strong gross yield, and extended days on market, the investment appears appealing for a buyer comfortable with off‑plan risk and willing to conduct due diligence on the developer’s track record and the DLD transaction register before committing.

Leverage the 5% price gap to the district median (AED 1,683 vs AED 1,772 per sqft) and the 293 days the unit has lingered on market. Propose a price reduction that brings the per‑sqft rate to around AED 1,600, aligning with a 7‑8% discount, while requesting confirmation of the developer’s completion schedule and verification of the unit’s details in the DLD transaction register before finalising.

With no recent listings, short‑term direction is unclear. Market participants should watch for new supply from Aldar and broader Dubai trends. Outlook remains neutral pending data.