Majan area in Dubai - prices, rents and cap rates

Cap rates for projects in Majan area in Dubai

Data as of September 2024

Project	Sale price, AED/sqm	Rent, AED/sqm/ year	Cap rate
Zubaida Residency	8,957	882	9.9%
Sherena Residence	8,689	779	9.0%
Aras Residence	9,769	803	8.2%

Cap rate (rental yield) in Majan area in Dubai is from 8.2% to 9.9%.

The maximum cap rate in Majan is 9.9% at Zubaida Residency project. The minimum cap rate in Majan is 8.2% at Aras Residence project.

Sales prices for off-plan (pre registration and delayed sell) properties in Majan

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	91	10,178	925,000

Sales prices for completed properties in Majan

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	45	9,499	425,000
1	74	11,543	853,695
2	128	8,479	1,085,000

Rents in Majan

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	46	938	42,667
1	75	797	60,000
2	118	720	84,667

Price for off-plan 1 bedroom apartment in Majan is 925,000 AED or 10,178 AED/sqm.

Price for completed Studio apartment in Majan is 425,000 AED or 9,499 AED/sqm.
Price for completed 1 bedroom apartment in Majan is 853,695 AED or 11,543 AED/sqm.
Price for completed 2 bedroom apartment in Majan is 1,085,000 AED or 8,479 AED/sqm.

Rent in Majan is 8,479 AED/sqm/year on average for long term rent of an apartment.

Rent for Studio apartment in Majan is 42,667 AED or 938 AED/sqm.
Rent for 1 bedroom apartment in Majan is 60,000 AED or 797 AED/sqm.
Rent for 2 bedroom apartment in Majan is 84,667 AED or 720 AED/sqm.

Residential property projects in Majan

Off-plan	Ready
Barari Views (100%) Sherena Residence 2 (100%) The Haven (100%)	Aras Residence Barari Hills Residence Croesus Forum Residences Madison Columbus Sherena Residence Zubaida Residency Madison Astor *

Share of off-plan projects in sales in Majan is 19%

* - only rent transactions are available

Sales and rents in Majan in October 2024

Project name	Sale price, AED/sqm	Pre. reg sales	Delayed sales	Sales	Rent, AED/sqm/ year	Rent contracts
Sherena Residence	8,689			7	779	7
Barari Hills Residence	12,222			3
Croesus	9,354			1
Sherena Residence 2	10,536	1
Aras Residence	9,769		1		803	3
Forum Residences
The Haven
Madison Astor					965	2
Zubaida Residency					882	1
Madison Columbus
Barari Views
Al Rabia Tower

Area guide for property buyers in Majan

What are the advantages of 'Majan' area in Dubai for real estate buyers vs. other areas?

1. Proximity to Major Attractions: Majan is conveniently located close to some of Dubai’s most popular attractions, including the Dubai Mall, Dubai Marina, and Jumeirah Beach. This makes it an ideal location for real estate buyers who want to be close to the action.

2. Affordable Prices: Majan offers some of the most affordable real estate prices in Dubai, making it an attractive option for buyers on a budget.

3. Great Connectivity: Majan is well connected to the rest of Dubai via the Dubai Metro, making it easy to get around the city.

4. Growing Infrastructure: Majan is one of the fastest growing areas in Dubai, with new infrastructure projects being developed to meet the needs of its residents. This makes it an ideal location for real estate buyers who want to invest in an area with a bright future.

What areas are cheaper than 'Majan' area in Dubai but provide a similar quality of living?

1. Al Barsha
2. Al Quoz
3. Al Warqa
4. International City
5. Discovery Gardens
6. Jumeirah Village Circle
7. Al Khail
8. Al Furjan
9. Dubai Silicon Oasis
10. Dubai Investment Park

What schools are there in and around 'Majan' area in Dubai and what are their locations?

1. GEMS Our Own English High School, Majan, Dubai - Al Barsha South, Dubai

2. GEMS World Academy, Dubai - Al Barsha South, Dubai

3. GEMS Modern Academy, Majan, Dubai - Al Barsha South, Dubai

4. GEMS Royal Dubai School, Majan, Dubai - Al Barsha South, Dubai

5. GEMS Wellington Primary School, Majan, Dubai - Al Barsha South, Dubai

6. GEMS Wellington International School, Majan, Dubai - Al Barsha South, Dubai

7. GEMS United School, Majan, Dubai - Al Barsha South, Dubai

8. GEMS Al Khaleej National School, Majan, Dubai - Al Barsha South, Dubai

9. GEMS Metropole School, Majan, Dubai - Al Barsha South, Dubai

10. GEMS Founders School, Majan, Dubai - Al Barsha South, Dubai

Cap rate (or rental yield) - gross capitalization rate based on long term rentals, before taxes, fees and service charges and without accounting for delays between long term rentals. Shown average prices and rents.

(x%) shows share of off-plan properties in sales in the last complete month