by MERAKI REAL ESTATE DEVELOPMENT L.L.C·MAJANResidentialFreeholdOff-plan Heavy
Development & Handover Profile
🏗️ Under ConstructionConstruction Progress3.8%
Project Start
Aug 1, 2024
Expected Handover
N/A
Official Status
ACTIVE
Total Units
216
Avg Unit Size
975 sqft
Freehold Ratio
100%
Escrow Agent
Dubai Islamic Bank PJSC
Median Price
AED 1.04M
PSF
AED 1,230/sqft
Sales 12M
25
vs Area
+24.5%
Asset Turnover
ⓘ
11.6%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
216
Avg Unit Size
975 sqft
3BR
3.5%Studio
11.9%NA
1.8%1BR
37.6%2BR
44.7%4BR+
0.4%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 2BR | 101 | 44.7% |
| 1BR | 85 | 37.6% |
| Studio | 27 | 11.9% |
| 3BR | 8 | 3.5% |
| NA | 4 | 1.8% |
| 4BR+ | 1 | 0.4% |
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 | 45.5% 101 units | 35.0% 21 sold | 0.77 | ⚠️ LOW DEMAND |
| 1BR | 38.3% 85 units | 55.0% 33 sold | 1.44 | 🔥 HIGH DEMAND |
| Studio | 12.2% 27 units | 6.7% 4 sold | 0.55 | ⚠️ LOW DEMAND |
| 3BR | 3.6% 8 units | 3.3% 2 sold | 0.92 | ⚠️ STAGNANT |
| 4BR+ | 0.5% 1 units | 0.0% 0 sold | — | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
19 Aug 2026 | MAJAN | 1BR | AED 935K | AED 1,193/sqft | Off-plan | Freehold | |
18 Aug 2026 | MAJAN | Studio | AED 681K | AED 1,366/sqft | Off-plan | Freehold | |
22 Jul 2026 Published 23 Jul 2026 | MAJAN | 1BR | AED 1.19M | AED 1,500/sqft | Off-plan | Freehold | |
14 May 2026 | MAJAN | 1BR | AED 990K | AED 1,260/sqft | Off-plan | Freehold | |
24 Apr 2026 Published 27 Apr 2026 | MAJAN | 2BR | AED 1.47M | AED 1,337/sqft | Off-plan | Freehold | |
10 Apr 2026 | MAJAN | 2BR | AED 1.40M | AED 1,240/sqft | Off-plan | Freehold | |
6 Apr 2026 | MAJAN | 1BR | AED 1.03M | AED 1,320/sqft | Off-plan | Freehold | |
3 Apr 2026 | MAJAN | 1BR | AED 987K | AED 1,260/sqft | Off-plan | Freehold | |
3 Apr 2026 | MAJAN | 1BR | AED 1.02M | AED 1,290/sqft | Off-plan | Freehold | |
26 Mar 2026 | MAJAN | Studio | AED 627K | AED 1,275/sqft | Off-plan | Freehold | |
16 Mar 2026 | MAJAN | 2BR | AED 1.71M | AED 1,349/sqft | Off-plan | Freehold | |
24 Feb 2026 | MAJAN | 3BR | AED 2.65M | AED 1,232/sqft | Off-plan | Freehold | |
11 Feb 2026 | MAJAN | 2BR | AED 1.36M | AED 1,251/sqft | Off-plan | Freehold | |
11 Feb 2026 | MAJAN | Studio | AED 680K | AED 1,363/sqft | Off-plan | Freehold | |
9 Feb 2026 | MAJAN | 1BR | AED 1.12M | AED 1,420/sqft | Off-plan | Freehold | |
26 Jan 2026 Published 27 Jan 2026 | MAJAN | 2BR | AED 1.40M | AED 1,240/sqft | Off-plan | Freehold | |
26 Jan 2026 | MAJAN | 1BR | AED 966K | AED 1,230/sqft | Off-plan | Freehold | |
26 Jan 2026 Published 27 Jan 2026 | MAJAN | 1BR | AED 985K | AED 1,251/sqft | Off-plan | Freehold | |
26 Jan 2026 | MAJAN | 2BR | AED 1.33M | AED 1,180/sqft | Off-plan | Freehold | |
26 Jan 2026 | MAJAN | 1BR | AED 974K | AED 1,230/sqft | Off-plan | Freehold | |
26 Jan 2026 | MAJAN | 1BR | AED 963K | AED 1,230/sqft | Off-plan | Freehold | |
26 Jan 2026 Published 27 Jan 2026 | MAJAN | 2BR | AED 674K | AED 1,357/sqft | Off-plan | Freehold | |
26 Jan 2026 Published 27 Jan 2026 | MAJAN | 2BR | AED 1.40M | AED 1,290/sqft | Off-plan | Freehold | |
26 Jan 2026 Published 27 Jan 2026 | MAJAN | 3BR | AED 2.50M | AED 1,173/sqft | Off-plan | Freehold | |
26 Jan 2026 | MAJAN | 1BR | AED 974K | AED 1,230/sqft | Off-plan | Freehold | |
26 Jan 2026 Published 27 Jan 2026 | MAJAN | 1BR | AED 961K | AED 1,222/sqft | Off-plan | Freehold | |
26 Jan 2026 Published 27 Jan 2026 | MAJAN | 1BR | AED 1.02M | AED 1,290/sqft | Off-plan | Freehold | |
26 Jan 2026 Published 27 Jan 2026 | MAJAN | 1BR | AED 1.02M | AED 1,290/sqft | Off-plan | Freehold | |
26 Jan 2026 | MAJAN | 1BR | AED 1.00M | AED 1,280/sqft | Off-plan | Freehold | |
26 Jan 2026 Published 27 Jan 2026 | MAJAN | 2BR | AED 1.40M | AED 1,240/sqft | Off-plan | Freehold |