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Flip Finder
Dubai Land Residence Complex (DLRC) · Dubai

10% Guaranteed ROI | Open Villa Views | Fully Furnished | 40% Post Handover | Wellness & Fitness Concept | Close to Metro

  • Kore by Imtiaz
  • Imtiaz Developments
  • Studio
  • 427 sq ft

Asking price

AED 653,000

0

Estimated confidence

Low

Opportunity breakdown

Asking price, against what it may be worth.

Asking priceAED 653,000
Estimated market valueAED 664,839
Potential price advantageAED 11,839

The asking price sits 2% below our estimated market value.

  • AED 1,529 per sq ft asked
  • AED 1,557 per sq ft area average

Market value is the median asking price of 12 similar listings, not completed sales. Asking prices usually sit above achieved prices.

Signal

Estimated confidence

A 0–100 score modelled from five signals. An estimate, not advice.

0
Location
60 / 100
Developer record
55 / 100
Price gap
57 / 100
Market demand
65 / 100
Floor and view
65 / 100
Overview

Property details

Property type
Apartments
Status
Off-plan
Developer
Imtiaz Developments
Bedrooms
Studio
Size
427 sq ft
Floor
Not listed
View
Not listed
Building
Kore by Imtiaz
Asking price per sq ft
AED 1,529
Area average per sq ft
AED 1,557
Service charge
Not listed
Emirate
Dubai
Economics

Cost breakdown

What it takes to close, fee by fee. Fees are estimated at standard rates.

Asking price
AED 653,000
DLD transfer fee (4%)
AED 26,120
NOC fee
AED 5,000
Legal and miscellaneous
AED 4,000
Total fees
AED 35,120
Total investment required
AED 688,120
Estimated net profit

After all costs, if sold at the estimated market value.

−AED 0−3.4% return
Due diligence

Things to check

Flags raised by this listing's own numbers. Worth a look before you move.

Auto-generated

  • Off-plan — handover & completion risk

    No rental income until handover, and returns depend on the developer delivering on time and to spec. Check the payment plan and completion date.

  • Benchmark based on asking prices

    The market value is the median asking price/sqft of 12 comparable active listings in Dubai Land Residence Complex (DLRC), not completed sales — asking prices usually sit above achieved prices.

  • Moderate confidence score

    AI confidence is 60/100 — below the 85+ "strong buy" band. Worth extra diligence before committing.

Comparables

Comparable sales, Kore by Imtiaz

Recent recorded sales for this building, used as comparables.

+7.7%
DatePrice (AED)Size (sq ft)AED per sq ft
2026-09-18Latest546,2494571,195
2026-07-20702,8886531,076
2026-05-12666,3936531,021
2026-04-23724,8886531,110
Average per sq ft across 4 salesAED 1,101
Area trend

Price per sq ft in Dubai Land Residence Complex (DLRC)

Modelled monthly average over the last 18 months.

+24.4%
Current area average AED 1,557Illustrative trend, not registry data.
Rental view

Estimated rental yield

Based on average rents in Dubai Land Residence Complex (DLRC).

Estimated net yield

3%

Estimated gross yield

3.9%

Estimated monthly rent
AED 2,135
Estimated annual rent
AED 25,620
Service charge per year
AED 3,843
Net annual income
AED 19,727

Assumes 92% occupancy. Real income varies with condition, furnishing and the market.

Exit scenarios · Off-plan

Three ways out. Compared.

Modelled on completion at handover. Rent begins once the unit is handed over.

Off-plan values tend to rise fastest as handover nears. We start from 12% annual appreciation here. Change it under Edit assumptions.

Pre-handover flip

Assign the contract before completion.

Sale priceest.
AED 664,839
Total costs
AED 35,120
Net profit
−AED 23,281
Return
−3.4%
Time to exit
about 6 months
Fastest return

Sell at handover

Hold through completion, 18 months.

Sale priceest.
AED 788,031
Total costs
AED 35,120
Net profit
+AED 99,911
Return
+14.5%
Time to exit
about 18 months
Completion uplift

Hold and rent

Rent it out after handover.

Annual rentest.
AED 52,236
Service chargeest.
AED 11,101
Gross yield
7.6%
Income starts
After handover
Steady income
Combined: hold and rent

Completion uplift plus the first year of rent after handover.

+AED 152,147+22.1% return

Projections are illustrative and depend on the assumptions above. Not financial advice.

Location

Dubai Land Residence Complex (DLRC), Dubai

Approximate area location. The exact address is on the source listing.

Before you commit

Verify with DLD.

FlipFinder surfaces opportunities. It does not confirm legal status. Check these first.

  • Registration

    Confirm the unit and its ownership record with DLD.

  • Title deed

    Issued on completion. Until then, check the sale agreement and its registration.

  • Ownership type

    Confirm whether the property is freehold or leasehold, and that you are eligible to buy.

  • The listing itself

    Open the source listing and check its permit number, price and availability are current.

AED 653,000

2% below market

Bayut