Land for sale in Basateen Al Surrah – Al Surrah
- Al Serra
- Studio
- 1,722 sq ft
Asking price
AED 240,000
Estimated confidence
Low
Asking price, against what it may be worth.
The asking price sits 1% above our estimated market value.
- AED 139 per sq ft asked
- AED 138 per sq ft area average
Market value is the median asking price of 10 similar listings, not completed sales. Asking prices usually sit above achieved prices.
Estimated confidence
A 0–100 score modelled from five signals. An estimate, not advice.
- Location
- 60 / 100
- Developer record
- 55 / 100
- Price gap
- 49 / 100
- Market demand
- 55 / 100
- Floor and view
- 70 / 100
Property details
- Property type
- Plots
- Status
- Ready
- Developer
- Not listed
- Bedrooms
- Studio
- Size
- 1,722 sq ft
- Floor
- Not listed
- View
- Not listed
- Building
- Al Serra
- Asking price per sq ft
- AED 139
- Area average per sq ft
- AED 138
- Service charge
- Not listed
- Emirate
- Umm Al Quwain
Cost breakdown
What it takes to close, fee by fee. Fees are estimated at standard rates.
- Asking price
- AED 240,000
- Broker fee (2%)
- AED 4,800
- UAQ transfer fee (4%)
- AED 9,600
- NOC fee
- AED 5,000
- Legal and miscellaneous
- AED 4,000
- Total fees
- AED 23,400
- Total investment required
- AED 263,400
After all costs, if sold at the estimated market value.
Things to check
Flags raised by this listing's own numbers. Worth a look before you move.
High transaction costs
Acquisition fees total AED 23,400 (~9.8% of the listed price) — factor this into your real entry cost.
Benchmark based on asking prices
The market value is the median asking price/sqft of 10 comparable active listings in Al Salam City, not completed sales — asking prices usually sit above achieved prices.
Moderate confidence score
AI confidence is 56/100 — below the 85+ "strong buy" band. Worth extra diligence before committing.
Comparable sales, Al Serra
No comparable sales to show for this building yet.
Price per sq ft in Al Salam City
Modelled monthly average over the last 18 months.
Estimated rental yield
Based on average rents in Al Salam City.
Estimated net yield
33.1%
Estimated gross yield
43.1%
- Estimated monthly rent
- AED 8,610
- Estimated annual rent
- AED 103,320
- Service charge per year
- AED 15,498
- Net annual income
- AED 79,556
Assumes 92% occupancy. Real income varies with condition, furnishing and the market.
Three ways out. Compared.
Each strategy is modelled on the estimated market value. Adjust the assumptions to match your view.
Quick flip
Sell within six months.
- Sale priceest.
- AED 237,636
- Total costs
- AED 23,400
- Net profit
- −AED 25,764
- Return
- −9.8%
- Time to exit
- about 6 months
Medium hold
Sell after 18 months.
- Sale priceest.
- AED 266,715
- Total costs
- AED 23,400
- Net profit
- +AED 3,315
- Return
- +1.3%
- Time to exit
- about 18 months
Hold and rent
Keep it. Let it earn.
- Annual rentest.
- AED 19,200
- Service chargeest.
- AED 4,080
- Gross yield
- 7.3%
- Payback period
- about 165 months
Appreciation plus gross rent over 18 months.
Projections are illustrative and depend on the assumptions above. Not financial advice.
Al Salam City, Umm Al Quwain
Approximate area location. The exact address is on the source listing.
Verify with UAQ.
FlipFinder surfaces opportunities. It does not confirm legal status. Check these first.
Registration
Confirm the unit and its ownership record with UAQ.
Title deed
Ask the seller for the title deed and check it matches the unit.
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.