by DAMAC DEVELOPMENT(L L C)·MAJANResidentialFreehold
Development & Handover Profile
✓ Handover CompleteConstruction Progress100.0%
Project Start
Apr 1, 2010
Expected Handover
Sep 25, 2013
Official Status
FINISHED
Total Units
123
Avg Unit Size
618 sqft
Freehold Ratio
100%
Escrow Agent
Abu Dhabi Commercial Bank
Median Price
AED 563K
PSF
AED 986/sqft
Sales 12M
8
vs Area
-32.9%
Asset Turnover
ⓘ
6.5%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
123
Avg Unit Size
618 sqft
Studio
80.5%1BR
12.2%Retail
4.9%2BR
2.4%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| Studio | 99 | 80.5% |
| 1BR | 15 | 12.2% |
| Retail | 6 | 4.9% |
| 2BR | 3 | 2.4% |
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 |
|---|---|---|---|---|
| Studio | 84.6% 99 units | 100.0% 11 sold | 1.18 | ✓ BALANCED |
| 1BR | 12.8% 15 units | 0.0% 0 sold | — | ⚠️ STAGNANT |
| 2BR | 2.6% 3 units | 0.0% 0 sold | — | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
7 Jul 2026 | WADI AL SAFA 3 | Studio | AED 455K | AED 727/sqft | Ready | Freehold | |
30 Apr 2026 | WADI AL SAFA 3 | Studio | AED 418K | AED 781/sqft | Ready | Freehold | |
23 Apr 2026 | WADI AL SAFA 3 | Studio | AED 450K | AED 763/sqft | Ready | Freehold | |
13 Feb 2026 | WADI AL SAFA 3 | Studio | AED 460K | AED 899/sqft | Ready | Freehold | |
12 Nov 2025 | MAJAN | Studio | AED 430K | AED 840/sqft | Ready | Freehold | |
12 Nov 2025 | MAJAN | Studio | AED 430K | AED 840/sqft | Ready | Freehold | |
6 Nov 2025 | MAJAN | Studio | AED 485K | AED 947/sqft | Ready | Freehold | |
5 Nov 2025 | MAJAN | Studio | AED 400K | AED 789/sqft | Ready | Freehold | |
29 Oct 2025 | MAJAN | Studio | AED 510K | AED 855/sqft | Ready | Freehold | |
6 Oct 2025 | MAJAN | Retail | AED 700K | AED 1,074/sqft | Ready | Freehold | |
30 Sep 2025 | MAJAN | Studio | AED 550K | AED 922/sqft | Ready | Freehold | |
29 Aug 2025 | MAJAN | Studio | AED 550K | AED 844/sqft | Ready | Freehold | |
22 Aug 2025 | MAJAN | Studio | AED 480K | AED 805/sqft | Ready | Freehold | |
29 May 2025 | MAJAN | Studio | AED 460K | AED 735/sqft | Ready | Freehold | |
6 May 2025 | MAJAN | Studio | AED 470K | AED 928/sqft | Ready | Freehold | |
23 Jan 2025 | MAJAN | Studio | AED 400K | AED 671/sqft | Ready | Freehold | |
14 Jan 2025 | MAJAN | Studio | AED 548K | AED 841/sqft | Ready | Freehold | |
20 Nov 2024 | MAJAN | Studio | AED 463K | AED 914/sqft | Ready | Freehold | |
18 Nov 2024 | MAJAN | Studio | AED 390K | AED 654/sqft | Ready | Freehold | |
7 Nov 2024 | MAJAN | 1BR | AED 1.00M | AED 622/sqft | Ready | Freehold | |
24 May 2024 | MAJAN | Studio | AED 450K | AED 755/sqft | Ready | Freehold | |
22 Apr 2024 | MAJAN | 2BR | AED 780K | AED 613/sqft | Ready | Freehold | |
28 Mar 2024 | MAJAN | Studio | AED 370K | AED 792/sqft | Ready | Freehold | |
21 Mar 2024 | MAJAN | Studio | AED 370K | AED 730/sqft | Ready | Freehold | |
21 Mar 2024 | MAJAN | Studio | AED 370K | AED 723/sqft | Ready | Freehold | |
22 Feb 2024 | MAJAN | Studio | AED 460K | AED 780/sqft | Ready | Freehold | |
24 Jan 2024 | MAJAN | 1BR | AED 780K | AED 981/sqft | Ready | Freehold | |
10 Nov 2023 | MAJAN | 1BR | AED 530K | AED 667/sqft | Ready | Freehold | |
4 Oct 2023 | MAJAN | 1BR | AED 655K | AED 812/sqft | Ready | Freehold | |
2 Oct 2023 | MAJAN | Studio | AED 450K | AED 755/sqft | Ready | Freehold |