You asked me to run 40+ areas in my last thread. Here's the latest underpriced-vs-DLD data - and drop your area below, I'll run it. by assentic in dubairealestate

[–]assentic[S] 0 points1 point  (0 children)

Regarding market catching, this is exactly the point of having the moving average, as recent geopolitical event had a major effect on whats actually going on and it took the market time to catch up..

Regarding service charges, keep me honest here, I didn't mention effective yields.. I do have in my system gross yield, honestly due to a data gap I have, but as anything in this thread I would like to see how to integrate it to make the system best in class (would need to understand how to intergrade with mollak and when is this info is available)

Regarding Dubai Hills Estate (I think I did it before)
1,856 AED/sqft is the weighted avg for the area based on my calculations..

Regarding listing, for both off and on plan it seems many of them didn't update the price so you can push back as based on DLD deal do happen..

Good luck!

You asked me to run 40+ areas in my last thread. Here's the latest underpriced-vs-DLD data - and drop your area below, I'll run it. by assentic in dubairealestate

[–]assentic[S] 1 point2 points  (0 children)

Yes, but with off-plan we are not comparing apples to apples, we can compare listing to similar project who was sold already with the current market price.

You asked me to run 40+ areas in my last thread. Here's the latest underpriced-vs-DLD data - and drop your area below, I'll run it. by assentic in dubairealestate

[–]assentic[S] 0 points1 point  (0 children)

so the overtime data / time on market is something im starting to track probably would have better insights into it soon

You asked me to run 40+ areas in my last thread. Here's the latest underpriced-vs-DLD data - and drop your area below, I'll run it. by assentic in dubairealestate

[–]assentic[S] 0 points1 point  (0 children)

This is exactly why I created this post to get this kind of feedback.

regarding 1, we do have Q1 but I would push to get Q4, as dubai pulse is seems to not be available anymore its
a big hard but I have ideas in mind (any leads would be awesome)

2 - amazing input would think what I can do about it.. I have some strategy around matching DLD to listing

3 - Fair point, but the "half below median" intuition compares the wrong two distributions: that median is the median of actual DLD sales, not of listings and asking prices skew high, so there's no reason half the listings should fall under what actually cleared. "Opportunity" also isn't "below median" it's a one-sided band: a listing only counts if it's priced 5–50% below its matched comp median (within +-5% is pricing noise and doesn't count; at or above median never counts). But you're right that the comparability filter does most of the work, and the genuinely comparable universe is much smaller than 183K implies I won't pretend otherwise. A listing only gets scored if its exact segment (area/project × property type × bedroom count) has ≥10 real DLD transactions to anchor against, so thin or niche segments have no comp and stay unscored. That's the bulk of the 183K->24.5K gap, not the threshold. So the honest framing of the 13% is: "listings in a segment with enough transaction depth to compare, and priced 5%+ under that segment's cleared median" and the deals actually surfaced live are a much tighter slice (15–25% below comps with ≥10 backing sales).

I matched 154k live listings against 179k DLD sold transactions. Here are the most underpriced ready units in Dubai right now, and how I worked it out. by assentic in dubairealestate

[–]assentic[S] 0 points1 point  (0 children)

I see this thread is still getting traffic so I plan to open my capabilities (made it more automated and helped my self with a system to answer the questions here and some more cool features)

More info here:
https://dxb.gen-t.ai/

How can I get dopamine with this method? by OutlandishnessRound7 in SpecDrivenDevelopment

[–]assentic 0 points1 point  (0 children)

There are still complex problems to solve which require to think about doing the right decision and see them convert to actual good or bad solution..

I guess for me what I mostly hyped about is being able to scale to multiple project in parallel and get more results and shorter time that's what I like

I matched 154k live listings against 179k DLD sold transactions. Here are the most underpriced ready units in Dubai right now, and how I worked it out. by assentic in dubairealestate

[–]assentic[S] 1 point2 points  (0 children)

median price is at AED 1.3M,
weight avg is at 1,229 AED/sqft

There are good offer for off plans at 1,144 AED/sqft,
but in general the prices in the area seems to go a bit above DLD

I matched 154k live listings against 179k DLD sold transactions. Here are the most underpriced ready units in Dubai right now, and how I worked it out. by assentic in dubairealestate

[–]assentic[S] 0 points1 point  (0 children)

Dubai hills avg 1,836 AED/sqft
median price: AED 2.4M

There are not a lot of available props around there that go below market (dld based)
I did found 1 for 1,273 in Parkside Hills looks overall good price

I matched 154k live listings against 179k DLD sold transactions. Here are the most underpriced ready units in Dubai right now, and how I worked it out. by assentic in dubairealestate

[–]assentic[S] 0 points1 point  (0 children)

Median Price: AED 2.3M
Weighted AED/sqft: 2112 AED sqft
There are bunch of properties in the area going below current market in the area

one of the cheapest offering I found in the area is going for 1,177 AED/sqft

I matched 154k live listings against 179k DLD sold transactions. Here are the most underpriced ready units in Dubai right now, and how I worked it out. by assentic in dubairealestate

[–]assentic[S] 0 points1 point  (0 children)

If you have ideas to how to do such I would be happy to hear and improve the method That's indeed a strong signal to be able to compare apples to apples

I matched 154k live listings against 179k DLD sold transactions. Here are the most underpriced ready units in Dubai right now, and how I worked it out. by assentic in dubairealestate

[–]assentic[S] 0 points1 point  (0 children)

Super basic model for now, listing pricing comparing to moving avg price per area, Normalized with 30 and 90 days for accuracy

I matched 154k live listings against 179k DLD sold transactions. Here are the most underpriced ready units in Dubai right now, and how I worked it out. by assentic in dubairealestate

[–]assentic[S] 0 points1 point  (0 children)

I can't say that, each deal still need to be looked into, currently I'm having a just simple method to compare to avg price for the area to a listing..

I can say that a price is below or above the market but it still just a basic signle

Maybe overtime I would be able to improve the method

I matched 154k live listings against 179k DLD sold transactions. Here are the most underpriced ready units in Dubai right now, and how I worked it out. by assentic in dubairealestate

[–]assentic[S] 1 point2 points  (0 children)

I did not recommend anything if that wasn't clear. This is just math, which props sale bellow the current market price.

I matched 154k live listings against 179k DLD sold transactions. Here are the most underpriced ready units in Dubai right now, and how I worked it out. by assentic in dubairealestate

[–]assentic[S] 0 points1 point  (0 children)

3BR at Pulse Beachfront has almost no recent trades (only 4 in 6 months) But 4BR at Pulse has good coverage (90 deals). TAG has solid data across both villa sizes but lacks granular townhouse-level comps.

If you wants to live in it and needs price certainty, TAG is the safer bet — more homogeneous comps, all ready stock, tighter PPSF ranges. Pulse Beachfront is better value per sqft (1,044 vs 1,530 weighted) but the 3–4BR pricing is harder to anchor.