950k · Resort-Inspired · Prime Address
Majan· Verified Network· Ref RS-L-12085003
Listing data verified in the last few hours
Off‑plan 1‑bedroom apartment in Majan offers a high gross yield but carries typical new‑development risks.
AI Investor Narrative
Why this listing scores the way it does
The unit is priced at AED 1,033,000 for 721 sqft, equating to AED 1,433 per sqft. Internally, the property scores 49 on overall attractiveness, with a location score of 63 and a risk index of 45, indicating a moderate risk‑adjusted profile. The internal estimated gross yield of 7.8% is attractive for Dubai rentals, though net yields will be lower after service charges, vacancy and management fees (typically 1–2 percentage points). The off‑plan status adds upside potential if the developer delivers on time and the market remains supportive, but also introduces construction‑delay and developer‑credit risk. Without comparable district data, we cannot confirm whether the price per sqft is truly below market, but the internal price‑vs‑market metric suggests the listing may be priced at or slightly above typical levels. The zero days on market indicates the unit is brand‑new to the market, limiting negotiation leverage from market‑time pressure but allowing the buyer to set terms based on off‑plan discount expectations. Overall, the investment hinges on confirming the developer’s credibility and the eventual rental performance.
Deal signals
- high yield75/100
internal_estimated_yield 7.8% gross indicates strong rental return
- off plan discount60/100
status Off-Plan suggests potential price discount versus completed units
Risk flags
- construction delaymedium
Off‑plan unit; delivery timeline uncertain
- developer creditmedium
City Edge Real Estate not widely tracked; credit profile unclear
- liquiditylow
Off‑plan units have limited secondary market liquidity
Comparables
Negotiation playbook
Verify the transaction details against the Dubai Land Department register before committing. Anchor your offer to the AED 1,433 per sqft price, which, in the absence of district comps, can be positioned against typical off‑plan premiums. With zero days on market, you can request a discount of 5‑10% to reflect the off‑plan risk and to bring the effective price per sqft closer to market expectations.
Verdict
Yield forecast
3-year appreciation
Market pulse · Majan
Sentiment +0 · stable
No recent transaction data is available for Majan, making short‑term forecasts uncertain. Investors should watch broader Dubai residential trends and any new supply announcements for signals of future direction.
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SELECTED PROPERTY
950k · Resort-Inspired · Prime Address
Intel Score: 49/100
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