Burj View · High End

The unit offers 944 sqft at AED 1.62 million, translating to AED 1,716 per sqft – roughly 24% below the inferred Arjan district median of about AED 2,258 per sqft. This price gap drives the internal underpricing signal and underpins the attractive gross yield estimate of 7.6%. The location score of 64 reflects decent connectivity and amenities in Arjan, but the property has sat for 215 days, indicating modest buyer appetite and potential liquidity concerns. The developer, Hive Homes Real Estate, is not flagged for credit issues in the data, yet the long market exposure tempers confidence. Net yields will be lower than the gross 7.6% once service charges, vacancy and management fees (typically 1–2 pp) are deducted, suggesting a realistic net return in the 5.5‑6.5% band.

Anchor the offer on the 24% price‑per‑sqft discount versus the Arjan median and the 215‑day market exposure. Request the DLD transaction register to confirm the actual sale price and negotiate a further concession proportional to the long days on market, aiming for a final price around AED 1.5 million (≈AED 1,590 per sqft).

Given the absence of recent transaction data, the residential market in Arjan remains uncertain. Investors should monitor upcoming supply and broader macro trends, as no clear direction can be projected for the next twelve months.