Distress −13%
Al Meydan
MBR City · Meydan (area 412)
18×1BR · 12×2BR · 2 retail · NSA 37 612 sqft
Already bargained — floor price
Hard-negotiated whole package. The seller will not move further.
Package offer
13%
AED 60.0M
68.7M
piece-by-piece
02
Why it's in distress
Sold one by one at district median prices, the 32 units are worth 68.7M. The whole building is offered for 60M — 13% below liquidation value.
Two valuation bases. Entry priced by liquidation (68.7M — a floor); exit by income. Both above the 60M offer.
03
Asset income — rent
Net yield on offer
6.84%
net 4.10M ÷ offer 60.0M · verified vs Ejari
NET rent by year
base +3%
04
Full entry — all costs
05
Exit in 3 years
Profit after exit · base
+23.5M
Exit 2029 · three scenarios
8 of 9 stress cases clear 8%
Only the double-hit (0% growth + market drop) dips to 5.6%. Each factor on its own holds.
06
Resilience — stress test
Admin only
Working block — not for investors
Closing offer
Reserve at the floor price
60.0M — 13% below breakup, 11.6% IRR, 37% ROI over 3 years.
Your contacts
Semyon
Fund manager · Behomes
+971 56 133 4883
Andrei Sviridenko
Broker · Behomes
+971 54 388 3224