This listing is asking AED 210,000 more than what comparable units have closed at — a +16% premium over the range of what buyers actually paid (Dubai Land Department records).
The unit has been listed for 67 days against an area average of 42. There is room to negotiate, and the evidence to do so.
| Unit | Price | Sqft | Gap | Date |
|---|---|---|---|---|
| Damac Heights — 1BR (24th floor) | AED 1,335,000 | 920 | −12.2% | Feb 2026 |
| Damac Heights — 1BR (18th floor) | AED 1,290,000 | 915 | −15.1% | Jan 2026 |
| Marina Gate T2 — 1BR (22nd floor) | AED 1,355,000 | 905 | −10.9% | Dec 2025 |
| Princess Tower — 1BR (28th floor) | AED 1,275,000 | 930 | −16.1% | Nov 2025 |
AED 1,250,000 – AED 1,380,000. A premium view and a high-floor position justify a modest uplift; the 16% gap remains well outside that adjustment band.
"Thanks for sending across the listing for [PROPERTY]. After running it against recent comparable transactions in the building and the immediate sub-market, the figures suggest the asking is meaningfully above where the last few units have closed."
"We would like to put forward an opening offer of [STRONG OFFER], with room to move toward [FAIR PRICE] subject to inspection and service-charge confirmation. Happy to share the comp set if helpful."
Unit faces an active construction plot. Noise and view exposure likely until estimated Q3 2027.
Service charges increased 8% year-on-year. Verify the 2026 budget with the OA before proceeding.
Tower 3 handover in H2 2026 may add 1BR supply to the immediate sub-market.
Built on verified Dubai property records and recent comparable resales. Analysis window: Nov 2025 – May 2026. The underlying pipeline is proprietary.
Informational analysis only. Not a valuation, recommendation, or financial advice. Final decisions remain the buyer's. Truemarq is not party to any transaction and accepts no liability for purchase decisions.