by A R A S REAL ESTATE DEVELOPMENT L.L.C·MAJANResidentialFreeholdOff-plan Heavy
Development & Handover Profile
⚠️ Past Expected DateConstruction Progress90.8%
Project Start
Apr 5, 2022
Expected Handover
Dec 31, 2023
Official Status
ACTIVE
Total Units
73
Avg Unit Size
1053 sqft
Freehold Ratio
100%
Escrow Agent
Arab Bank for Investment & Foreign Trade PJSC
Median Price
AED 1.24M
PSF
AED 1,019/sqft
Sales 12M
0
vs Area
+47.8%
Asset Turnover
ⓘ
0.0%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
73
Avg Unit Size
1053 sqft
Studio
21.9%3BR
1.4%2BR
54.8%1BR
21.9%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 2BR | 40 | 54.8% |
| Studio | 16 | 21.9% |
| 1BR | 16 | 21.9% |
| 3BR | 1 | 1.4% |
Price & Volume Trend
Unit Liquidity Matrix
Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.
| Unit Type | Inventory Share | Sales Share (12M) | Demand Index | Status |
|---|---|---|---|---|
| 2BR | 54.8% 40 units | 46.7% 7 sold | 0.85 | ✓ BALANCED |
| 1BR | 21.9% 16 units | 40.0% 6 sold | 1.83 | 🔥 HIGH DEMAND |
| Studio | 21.9% 16 units | 13.3% 2 sold | 0.61 | ⚠️ STAGNANT |
| 3BR | 1.4% 1 units | 0.0% 0 sold | — | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
15 Jul 2026 | MAJAN | Studio | AED 480K | AED 1,128/sqft | Ready | Freehold | |
3 Jul 2026 Published 6 Jul 2026 | MAJAN | 2BR | AED 1.30M | AED 997/sqft | Ready | Freehold | |
17 Jun 2026 | MAJAN | 1BR | AED 800K | AED 960/sqft | Ready | Freehold | |
5 Jun 2026 | MAJAN | 2BR | AED 1.48M | AED 997/sqft | Ready | Freehold | |
21 May 2026 | MAJAN | 2BR | AED 1.40M | AED 1,138/sqft | Ready | Freehold | |
14 May 2026 | MAJAN | 1BR | AED 1.10M | AED 1,116/sqft | Ready | Freehold | |
11 May 2026 | MAJAN | 2BR | AED 1.40M | AED 1,145/sqft | Ready | Freehold | |
13 Apr 2026 | MAJAN | 2BR | AED 1.40M | AED 1,145/sqft | Ready | Freehold | |
6 Apr 2026 | MAJAN | 1BR | AED 1.10M | AED 1,113/sqft | Off-plan | Freehold | |
26 Feb 2026 Published 27 Feb 2026 | MAJAN | 1BR | AED 875K | AED 885/sqft | Off-plan | Freehold | |
19 Feb 2026 | MAJAN | 1BR | AED 940K | AED 1,130/sqft | Off-plan | Freehold | |
12 Feb 2026 | MAJAN | 2BR | AED 1.40M | AED 1,046/sqft | Off-plan | Freehold | |
14 Jan 2026 | MAJAN | 1BR | AED 1.00M | AED 1,202/sqft | Off-plan | Freehold | |
12 Jan 2026 | MAJAN | 2BR | AED 1.40M | AED 946/sqft | Off-plan | Freehold | |
9 Jan 2026 | MAJAN | Studio | AED 690K | AED 1,628/sqft | Off-plan | Freehold | |
10 Jul 2025 | MAJAN | Studio | AED 490K | AED 1,156/sqft | Off-plan | Freehold | |
9 Dec 2024 | MAJAN | 1BR | AED 875K | AED 885/sqft | Off-plan | Freehold | |
9 Dec 2024 | MAJAN | 1BR | AED 885K | AED 896/sqft | Off-plan | Freehold | |
22 Nov 2024 | MAJAN | Studio | AED 550K | AED 1,298/sqft | Off-plan | Freehold | |
4 Nov 2024 | MAJAN | 2BR | AED 1.36M | AED 1,044/sqft | Off-plan | Freehold | |
18 Sep 2024 | MAJAN | 2BR | AED 1.38M | AED 1,029/sqft | Off-plan | Freehold | |
3 Sep 2024 | MAJAN | 2BR | AED 1.27M | AED 861/sqft | Off-plan | Freehold | |
29 Aug 2024 | MAJAN | 2BR | AED 1.29M | AED 990/sqft | Off-plan | Freehold | |
26 Aug 2024 | MAJAN | Studio | AED 535K | AED 1,262/sqft | Off-plan | Freehold | |
23 Aug 2024 | MAJAN | 2BR | AED 1.33M | AED 1,091/sqft | Off-plan | Freehold | |
20 Aug 2024 | MAJAN | 2BR | AED 1.30M | AED 880/sqft | Off-plan | Freehold | |
16 Aug 2024 | MAJAN | Studio | AED 679K | AED 1,343/sqft | Off-plan | Freehold | |
16 Aug 2024 | MAJAN | 2BR | AED 1.38M | AED 1,122/sqft | Off-plan | Freehold | |
6 Aug 2024 | MAJAN | 1BR | AED 940K | AED 1,130/sqft | Off-plan | Freehold | |
5 Aug 2024 | MAJAN | 2BR | AED 1.33M | AED 1,019/sqft | Off-plan | Freehold |