Verdict No. VR-2026-04812Preview
Fair-price opinion
V
Filed 04 Feb 2026 · 15:42 GST
By Your name
Community
Dubai Marina
Project
ICONIC Tower
Unit
1 B/R · 807 sqft
Asking
AED 1.95M
Pricing signal
AED 1.77M
AED 2,193 · settled
9.2% under asking
Fair highAED 1.94Mupper band
128 similar sales selected; top 5 shown at AED 2,131 – AED 2,278. Asking is AED 2,415.
The fair band
128 similar sales · latest within 47d
Low AED 1,994Mid AED 2,193High AED 2,403
Ask P8164% same project
Why this result
High confidence
128 similar settled sales were ranked by location, bedroom count, size, recency and market type.
128 settled sales in the 365-day evidence pool.64% of weighted evidence is in the same project.
Confidence82 / 100
Selected128 sales
Project/tower82
FallbackNo
Evidence matrixSales signal · ranked by settled transactions
Activity
Price pressure
Similar sales
Confidence
Ask gap
Sales signal
settled sales
14
sales · last 90 days
Up
+1.8% vs prior 3 mo
128
similar sales selected
82 / 100
High confidence
Under
9.2% below fair
No matched building record yet. We can still use settled sales and rental contracts, but tower-level facts will improve once official unit/building identifiers are available.
Rental yieldStrong rental evidence
Gross yield
Annual rent
Rent / sqft
Rental sample
Latest rent
Rental signal
registered contracts
6.8%
6.1–7.6% · fair midpoint basis
AED 132K
AED 118K–AED 147K
AED 164
annual median
44
project size
04 Feb 2026
18 mo evidence window
Estimated buying costsEstimated · based on entered asking price
| Cost item | Basis | Estimate |
|---|---|---|
| Transfer fee | Estimated transfer and registration charges | AED 78K |
| Agency fee | Typical broker fee assumption | AED 41K |
| Other fees | Admin and smaller fixed costs | AED 5K |
| Total estimate | Buyer cost estimate, excluding financing | AED 124K |
Area guide
Nearest metro
DMCC Metro
350 m
Nearest mall
Dubai Marina Mall
500 m
Landmark
JBR Beach
900 m
Similar salesBased on 128 settled sales · showing top 5
Closest similar sale
LIV Marina · Tower A
22 Jan 2026 · 1 B/R · 786 sqft
AED 1.79M
AED 2,278 / sqft
| Date | Project · Unit | Size | Price | AED / sqft | Similarity |
|---|---|---|---|---|---|
| 22 Jan 2026 | LIV Marina · Tower A 1 B/R · Resale | 786 sqft | AED 1,790,000 | AED 2,278 | 0.92 -6% vs subj |
| 09 Jan 2026 | Marina Shores · T2 1 B/R · Resale | 818 sqft | AED 1,775,000 | AED 2,170 | 0.86 -10% vs subj |
| 28 Dec 2025 | Stella Maris · Main 1 B/R · Resale | 807 sqft | AED 1,720,000 | AED 2,131 | 0.81 -12% vs subj |
| 11 Dec 2025 | ICONIC Tower 1 B/R · Resale | 797 sqft | AED 1,810,000 | AED 2,272 | 0.78 -6% vs subj |
| 30 Nov 2025 | Marina Gate · Tower 2 1 B/R · Resale | 829 sqft | AED 1,860,000 | AED 2,244 | 0.73 -7% vs subj |
Twelve months · Dubai Marina · 1 B/R
YoY
+9.6%
Current AED / sqft
AED 2,193
12-month low
AED 2,001
Monthly median · AED / sqft
In plain English
128 similar 1 B/R sales support the band; top 5 shown settled at AED 1.72M – AED 1.86M. The asking price of AED 1.95M is 9.2% below the recorded midpoint.
Prepared bySample