Is this a good buy?
Buy / Watch / Skip verdict scored against similar homes.
BUY 81/100 conviction
Modern Layout | Great Location | Serene Community is priced below the Mohammed Bin Rashid City community average at AED 2,191/sqft. Estimated net yield of 5.7% trails the community benchmark of 6.2%, and Wolfie projects a 5-year appreciation of 41.6% based on Mohammed Bin Rashid City's 7.2% annual growth rate.
Best exit path: Flip at Y1 — an estimated AED 207,546 profit if you sell in Year 1. Seller has dropped asking 7.2% since listing — negotiation room sits above market.
| Entry price | AED 1.65M |
| Price / sqft | AED 2,191 |
| Cheaper than area average | -4.7% |
| Net yield | 5.7% |
| Area average rent return | 6.2% |
| Annual appreciation | +7.2% |
| Y5 projected value | AED 2.34M |
| Service charge | AED 18/sqft |
| Golden Visa eligible | No |
| Days on market | 240 days |
| How long homes usually take to sell here | 90 days |
The seller has reduced the price twice and it has been listed for 240 days — longer than usual. You have room to negotiate.
Homes in Mohammed Bin Rashid City command around a 7% rental premium over the Dubai average, driven by its established address and community amenities.
Corporate tenants from JLT free zone and Dubai Internet City — both under 15 minutes away — keep demand steady year round.
Improving transport links and an active development pipeline support continued capital appreciation.