Investor report
Mangrove Place
Al Reem IslandApartment3 BRLast registered sale 18/05/2026
Risk and reward do not line up today.
0 supporting, 2 risk
- No live listings for this cohort, so asking prices could not be compared with closed sales.
- Thin resale market: only 15 registered sales in 24 months — exit liquidity is a risk.
Limited evidenceNo live asking prices for this cohort, so the ask-side signals are missing and the verdict cannot reach Buy.
Recent median (12 mo)
AED 2.1M
1,179 AED/sqft · n=9
Asking median
—
No listing data
Ask vs recent
—
No listing data
Modelled gross yield
6.0%
about 10,500 AED/month · high confidence
24-month median
AED 2M1,178 AED/sqft
Drift (12 mo vs 24 mo)
+0.1%stable — the 24-month median is a sound anchor
Liquidity
Inventory
Asking prices arrive with a licensed listing feed. Until then this section stays empty — nothing here is modelled or estimated.
Registered rate, last 12 months
Median AED/sqft per month. A gap is a month with no registered sale.
Monthly median registered rate per square foot in Mangrove Place over the last twelve months.
Show data table
| Period | Mangrove Place |
|---|---|
| Oct 2025 | 1,178 |
| Nov 2025 | 955 |
| Dec 2025 | 1,179 |
| Jan 2026 | 1,425 |
| Feb 2026 | — |
| Mar 2026 | 596 |
| Apr 2026 | 1,402 |
| May 2026 | 1,294 |
| Jun 2026 | — |
| Jul 2026 | — |
| Aug 2026 | — |
| Sep 2026 | — |
Listings at least 5% below market
Asking prices arrive with a licensed listing feed. Until then this section stays empty — nothing here is modelled or estimated.
Yield, measured
6.0% gross — measured from 1,958 registered leases in 2026 Q2, about 10,500 AED a month.
Average annual rent 126,457 AED from 1,958 ADREC-registered leases (2026 Q2), over the recent median price of 2,100,000 AED.