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From a buyer’s perspective, I wouldn’t turn the observed 3.0% gap into an automatic offer of 3.0% below every asking price. A fresh, well-presented home may have less room than a stale listing needing work. Use the seller’s pricing history and the closest completed comparisons, then account...

Also plan for the answer to be no. Decide beforehand whether you would keep AED 8,050, negotiate, or accept departure. Without that decision, the tenant may feel the amount is arbitrary while you make the calculation in real time.

I partly disagree that rejected offers are automatically useful data. They only teach much if the properties were comparable or you learned why each offer failed. A seller choosing another buyer because of timing tells you something different from simply being outbid. Did you record the terms...