Smart Home · Resort-Style Living · Pool View

The property is a 1‑bedroom, 2‑bathroom off‑plan apartment in Majan, priced at AED 1,102,999 (≈USD 300,545) with a price per sqft of AED 1,491. Internal scoring places the location at 63/100 and the overall attractiveness at 57/100, reflecting a decent but not premium position. The internal price‑vs‑market metric shows the asking price is about 3% above the district median price per sqft, suggesting limited immediate upside on price unless a discount can be negotiated. However, the internal estimated gross yield of 8% is relatively high for Dubai, indicating strong cash‑flow potential if the unit can be let at market rents. The off‑plan status introduces construction‑delay risk and adds a layer of developer credit exposure, especially given Square Yards Real Estate's mixed track record in the region. Liquidity may also be constrained as the unit has been on the market for zero days, implying limited transaction history. Investors should therefore factor in service‑charge, vacancy and management costs, which typically erode 1–2 percentage points from the gross yield, leaving a realistic net yield in the 6–7% range. The modest location score and slight price premium temper the attractiveness, but the high gross yield and potential for price negotiation keep the deal appealing for yield‑focused buyers.

Given the unit trades about 3% above the Majan median price per sqft and has been listed for zero days, anchor negotiations on closing the price‑per‑sqft gap to at least the district median (≈AED 1,448/sqft). Request a price reduction to bring the total price to around AED 1,050,000, which aligns with market levels and improves the yield profile. Verify the unit's registration and recent DLD transaction data before finalising any offer.

With no recent transaction data, the Majan residential market lacks clear signals. Activity appears muted, and price trends are indeterminate. Investors should watch for any new supply or policy changes before committing.