How does the "Rental Triangulation" method prove that Siora could reach a 6 million AED valuation?

The full explanation

To validate a property's future value, one can "triangulate" using current rental data from comparable beachfront icons. One-bedroom units in Blue Waters or Palm Jumeirah currently rent for approximately AED 300,000 per year. If we apply a standard market yield of 5%, a property yielding 300k in rent implies an asset value of AED 6 million. Currently, a one-bedroom in Siora can be acquired for roughly AED 3.6 million. Because waterfront and beachfront stock together contribute only 6% to Dubai's total inventory, the scarcity premium is immense. As Dubai Islands matures and the infrastructure (like the Shindagha Corridor) eliminates the "far away" perception, Siora's rental potential is expected to converge with the Palm and Blue Waters, naturally dragging the asset value toward the 6 million mark.