High Floor · Large Layout · Payment Plan

The unit sits in Majan, a developing sub‑district of Dubai, and is offered by Metropolitan Premium Properties. At 1,245 sqft and AED 1,690,000 the price per square foot (AED 1,357) aligns with the internal market baseline, yielding a gross rental return of roughly 8.1% according to our internal estimate. This gross figure is attractive for a secondary‑market asset, but investors should discount 1–2 points for service charges, vacancy and management fees, implying a net yield in the 6–7% band. The off‑plan status introduces construction‑phase risk. With zero days on market the listing is fresh, offering limited bargaining power, yet the developer’s track record is not verified in our data set, raising a moderate credit concern. The internal overall score of 59 reflects a balanced view: decent location score (63) but a risk index of 45, indicating exposure to construction delay and liquidity constraints typical of new projects. Given the gross yield and the absence of clear price discounts, the primary investment thesis rests on the yield premium rather than a price bargain. Investors should treat the asset as a medium‑term income play, pending confirmation of the developer’s delivery schedule and a review of comparable transactions in Majan to validate the price per square foot.

Request the DLD transaction register for the building to confirm the AED 1,357/sqft price against actual recent sales. With zero days on market the seller has limited urgency, but the off‑plan nature may allow you to negotiate construction‑phase incentives or a modest price‑per‑sqft concession if comparable data shows a lower district median.

Due to insufficient data, the outlook for Majan's residential sub-market remains uncertain. No recent listings are available to inform a sentiment score or trend direction. As a result, it is not possible to provide a meaningful twelve-month outlook at this time.