1 BR High Floor · Furnished · Smart Home
Majan· Verified Network· Ref RS-L-12106832
Listing data verified in the last few hours
A 1‑bedroom off‑plan apartment in Majan priced about 16% below market with a gross yield near 8%.
AI Investor Narrative
Why this listing scores the way it does
The unit is priced at AED 962,000, translating to AED 1,295 per sqft, which internal metrics flag as roughly 16% under the district median. This price advantage drives the internal overall score of 49 despite a modest location score of 63. The internal estimated gross yield of 7.8% is attractive for a Dubai off‑plan asset, but investors should temper expectations as net yields will be lower after service charges, vacancy and management fees (typically 1–2 points). The off‑plan status introduces construction‑completion risk, and the developer, First & Top Real Estate, lacks a widely recognised credit profile, adding a layer of developer risk. Liquidity may also be constrained given the absence of comparable transaction volume in Majan.
Deal signals
- underpriced70/100
internal_priceVsMarket_percent 16 indicates price ~16% below market
- high yield65/100
internal_estimated_yield 7.8% gross
- off plan discount50/100
status Off-Plan
Risk flags
- construction delayhigh
Off‑plan projects may face delivery delays
- developer creditmedium
First & Top Real Estate is not a marquee developer
- liquiditymedium
No comparable transaction data for Majan, thin market
Comparables
Negotiation playbook
Given the 16% price‑per‑sqft discount to the inferred Majan median and the fact the unit has been on the market for 0 days, the buyer can anchor negotiations on securing a further concession, citing the internal_priceVsMarket_percent metric. Verify the unit’s official price and ownership details against the Dubai Land Department transaction register before finalising any offer.
Verdict
Yield forecast
3-year appreciation
Market pulse · Majan
Sentiment +0 · stable
With no recent listings, market signals are muted. The residential segment in Majan remains data‑scarce, suggesting a neutral stance. Investors should watch for any new supply or policy shifts before forming a view.
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SELECTED PROPERTY
1 BR High Floor · Furnished · Smart Home
Intel Score: 49/100
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