High rental yieldUAE-00028Majan: Studios and One Bedroom Apartments Around a Shallow Water Pool
Majan, Dubai
- 0–2beds
- 1–2baths
- 28–78 m²
Off-plan · 2027
Majan, Dubai
The address is Majan, a residential district off Dubai Al Ain Road with Sheikh Mohammed Bin Zayed Road on the other side, which is what makes the drive times work. Global Village is four minutes and Deep Dive Dubai six. The Meydan Hotel and Racecourse and the Autodrome are both nine, the Miracle and Butterfly Garden twelve, Burj Khalifa and Dubai Mall fifteen, the Ras Al Khor Wildlife Sanctuary fifteen, Burj Al Arab and Jumeirah Beach eighteen, the Museum of the Future, Topgolf, the Dubai Frame and Dubai Safari Park all twenty, Dubai International Airport twenty three and Expo City thirty. This is the larger of the two buildings, 1,378 homes and twenty nine ground floor shops. The mix runs 741 studios, 584 one bedrooms and 52 two bedrooms. The studio is about 28 to 30 square metres of internal area with one bathroom and a balcony of around nine and a half. The one bedroom runs from about 48 to 58 square metres with one bathroom and a balcony of fourteen to nineteen. The two bedroom is about 78 square metres with two bathrooms, and its terrace is the outlier in the building at thirty five square metres on the standard plan and far more on the plans that carry a plunge pool. The two buildings share one amenity programme. There is an adult pool and a separate children's pool, a shallow water pool, a children's play area, a basketball court, a gym, green areas and walkways, family seating and shaded benches. Some homes have their own plunge pool on the terrace. Every apartment is fitted with smart home controls, and the site runs twenty four hour monitoring with a dedicated security team and a concierge service. Ownership is freehold and open to all nationalities. The published payment plan is twenty percent on booking, fifty percent across the build and thirty percent on completion, with handover scheduled for 31 December 2027. Two things to weigh. Nothing in the released range clears the two million dirham threshold that the ten year residency visa is assessed against, so the visa is not the reason to buy here. And this is a very large release, more than two thousand homes across the two buildings, so on handover a lot of similar units reach the rental market at once, which is worth modelling into any yield the buyer is shown.
Reference: UAE-00027
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