1BR Apartment · Binghatti Vintage Majan · Skyline & Marina Views

The listing is a 1‑bedroom, 2‑bathroom apartment of 893 sqft priced at AED 1,104,499, which translates to AED 1,237 per sqft. Internally the property scores 59 on an overall 0‑100 scale, with a location score of 63, indicating a decent but not premium position within Majan. The internal estimated gross yield of 8.1% is attractive for Dubai’s rental market, though investors should expect net yields to be 1‑2 points lower after accounting for service charges, vacancy and management fees. Being an off‑plan unit, the project is still under construction, introducing construction‑delay risk and uncertainty around the final finish quality. The developer, Jusur Properties, does not have a publicly quantified credit rating in our data, so a medium‑level developer‑credit risk is flagged. The property has been on the market for only 7 days, suggesting limited buyer activity and providing some leverage for price negotiation. No comparable transaction data is available for Majan, so price positioning relative to the market cannot be quantified beyond the internal baseline indicating a neutral price‑vs‑market stance (0% deviation). Consequently, while the gross yield is strong, the lack of market depth and off‑plan status temper the overall attractiveness. Investors should treat the gross yield as a starting point and model net returns conservatively.

Given the neutral price‑vs‑market indication and only 7 days on market, the buyer can request a price‑per‑sqft discount anchored to the listed AED 1,237 per sqft. Verify the transaction against the DLD register to confirm the unit’s exact price and any recent price adjustments before finalising the offer.

Due to the lack of reliable data, the outlook for Majan's residential sub-market remains uncertain. With no recent listings, it's challenging to determine the current market sentiment or trend. As more data becomes available, a more accurate assessment can be made.