by MERAKI REAL ESTATE DEVELOPMENT L.L.C·MAJANResidentialFreeholdOff-plan Heavy
Development & Handover Profile
✓ Handover CompleteConstruction Progress100.0%
Project Start
Mar 1, 2023
Expected Handover
N/A
Official Status
FINISHED
Total Units
326
Avg Unit Size
758 sqft
Freehold Ratio
100%
Escrow Agent
Dubai Islamic Bank PJSC
Median Price
AED 846K
PSF
AED 1,155/sqft
Sales 12M
42
vs Area
+1.4%
Asset Turnover
ⓘ
12.9%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
326
Avg Unit Size
758 sqft
Studio
30.7%NA
1.2%3BR
0.6%2BR
19.6%1BR
47.9%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 1BR | 156 | 47.9% |
| Studio | 100 | 30.7% |
| 2BR | 64 | 19.6% |
| NA | 4 | 1.2% |
| 3BR | 2 | 0.6% |
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 |
|---|---|---|---|---|
| 1BR | 48.4% 156 units | 45.9% 39 sold | 0.95 | ✓ BALANCED |
| Studio | 31.1% 100 units | 35.3% 30 sold | 1.14 | ✓ BALANCED |
| 2BR | 19.9% 64 units | 18.8% 16 sold | 0.94 | ✓ BALANCED |
| 3BR | 0.6% 2 units | 0.0% 0 sold | — | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
9 Oct 2026 Published 12 Oct 2026 | MAJAN | 1BR | AED 960K | AED 1,298/sqft | Ready | Freehold | |
2 Oct 2026 Published 5 Oct 2026 | MAJAN | Studio | AED 770K | AED 1,664/sqft | Ready | Freehold | |
1 Oct 2026 | MAJAN | NA | AED 2.50M | AED 2,355/sqft | Ready | Freehold | |
24 Sep 2026 | MAJAN | Studio | AED 796K | AED 1,648/sqft | Ready | Freehold | |
23 Sep 2026 | MAJAN | 1BR | AED 1.05M | AED 1,319/sqft | Ready | Freehold | |
8 Sep 2026 | MAJAN | 1BR | AED 1.15M | AED 1,554/sqft | Ready | Freehold | |
2 Sep 2026 | MAJAN | Studio | AED 730K | AED 1,591/sqft | Ready | Freehold | |
27 Aug 2026 | MAJAN | 2BR | AED 1.55M | AED 1,545/sqft | Ready | Freehold | |
25 Aug 2026 | MAJAN | Studio | AED 735K | AED 1,602/sqft | Ready | Freehold | |
21 Aug 2026 | MAJAN | 1BR | AED 1.13M | AED 1,547/sqft | Ready | Freehold | |
10 Aug 2026 | MAJAN | Studio | AED 750K | AED 1,553/sqft | Ready | Freehold | |
7 Aug 2026 | MAJAN | 1BR | AED 1.17M | AED 1,600/sqft | Ready | Freehold | |
17 Jul 2026 | MAJAN | 1BR | AED 950K | AED 1,250/sqft | Ready | Freehold | |
25 Jun 2026 | MAJAN | 1BR | AED 970K | AED 1,311/sqft | Ready | Freehold | |
11 Jun 2026 | MAJAN | 1BR | AED 1.15M | AED 1,572/sqft | Ready | Freehold | |
5 Jun 2026 Published 8 Jun 2026 | MAJAN | 2BR | AED 1.25M | AED 1,254/sqft | Ready | Freehold | |
2 Jun 2026 | MAJAN | Studio | AED 770K | AED 1,339/sqft | Ready | Freehold | |
22 May 2026 | MAJAN | 2BR | AED 1.27M | AED 1,278/sqft | Ready | Freehold | |
21 May 2026 | MAJAN | 1BR | AED 890K | AED 1,218/sqft | Ready | Freehold | |
6 May 2026 | MAJAN | Studio | AED 575K | AED 1,242/sqft | Ready | Freehold | |
29 Apr 2026 | MAJAN | 1BR | AED 890K | AED 1,217/sqft | Ready | Freehold | |
20 Apr 2026 | MAJAN | 1BR | AED 1.15M | AED 1,574/sqft | Ready | Freehold | |
31 Mar 2026 | MAJAN | 2BR | AED 1.45M | AED 1,447/sqft | Ready | Freehold | |
10 Mar 2026 | MAJAN | Studio | AED 750K | AED 1,623/sqft | Ready | Freehold | |
9 Mar 2026 | MAJAN | 2BR | AED 1.40M | AED 1,405/sqft | Ready | Freehold | |
6 Mar 2026 | MAJAN | 1BR | AED 1.12M | AED 1,532/sqft | Ready | Freehold | |
5 Mar 2026 | MAJAN | 1BR | AED 1.13M | AED 1,545/sqft | Ready | Freehold | |
27 Feb 2026 Published 2 Mar 2026 | MAJAN | 1BR | AED 980K | AED 1,289/sqft | Ready | Freehold | |
26 Feb 2026 | MAJAN | 1BR | AED 1.10M | AED 1,444/sqft | Ready | Freehold | |
24 Feb 2026 | MAJAN | 1BR | AED 1.10M | AED 1,480/sqft | Ready | Freehold |