Studio for Sale · OST Tower 11 · Majan

The unit is a ready‑to‑move studio of 525 sqft in the OST Tower 11, Majan, listed at AED 750,000 (USD 204,360). At AED 1,429 per sqft it sits roughly 13% under the inferred district median price, suggesting a pricing advantage. The internal model estimates a gross yield of 7.8%, which is attractive for a studio in Dubai, though investors should expect net yields 1–2 points lower after service charges, vacancy and management fees. The internal scores show a modest location rating (63) and a low‑to‑moderate risk index (35), indicating the area is acceptable but not a premium growth corridor. Days on market (47) are not excessive, implying the seller may be open to negotiation but the property is not deeply distressed. The developer, The Inhouse Realty, lacks a widely recognised track record, adding a medium‑level developer‑credit risk. Liquidity risk is also medium because studio transactions in Majan are relatively thin, reflected by the absence of a robust comparable sample.

Confirm the transaction details against the Dubai Land Department register before committing. Use the 13% price‑per‑sqft discount as a bargaining chip and highlight the 47‑day market exposure to suggest the seller may be motivated to close quickly. Aim for a price reduction that brings the per‑sqft rate closer to the district median, ideally targeting AED 1,500‑1,550 per sqft.

With no recent listings, market signals are limited, making short‑term direction unclear. Investors should monitor upcoming supply and macro‑economic trends before committing.