
officially Wadi Al Safa 3 · also covers Living Legends
AED 1,456/sqft
August 2026 · 384 sales
+26.7%
+2%
82%
Last 12 months · 7,320 sales
7.3%
Ready homes, last 12 months · 1,306 sales · 2,288 tenancy contracts, new lets and renewals
64
Registered DLD sales · medians, not estimates · how we compute this
A typical residential sale here is AED 849,000 for about 704 sqft in the last 12 months (7,320 sales); across all 17,125 recorded sales the median is AED 1,050,000.
Ready-home prices here have moved +26.7% across the 150 months (Feb 2014 – Aug 2026) of Land Department records we hold — a pace of +2% a year if it continued.
That is the whole 150 months of records for this area, expressed as an annual pace. It averages across every cycle in that period, so it describes the long run rather than the market today. Treat it as history, not a forecast.
Comparing a launch price against a resale price without separating them is the most common way Dubai price-per-square-foot figures mislead.
Off-plan
AED 1,490/sqft
13,545 recorded sales
Ready
AED 993/sqft
3,580 recorded sales
Off-plan trades 50% above completed homes here. A single blended figure would sit between the two and describe neither.
Median size and price for every bedroom count with at least 15 recorded sales. Dubai Land Department records a room count on nearly every sale, so this is a breakdown of real transactions rather than an estimate. The headline price is the last 12 months; the median across every sale on record sits under it.
Rent is matched to homes by bedroom count where Ejari records one, which most contracts do, and by floor area where it does not — each row says which. Every figure is the median of registered new lets: a renewal is capped under Decree 43 of 2013 and sits below what the same home lets for today.
| Size | Typical home | Price, last 12 months · ready and off-plan | Per sqft, all years | Typical rent | Sales, all years |
|---|---|---|---|---|---|
| Studio | 410 sqft | AED 693,999 3,450 sales all years AED 688,999 | AED 1,639/sqft | AED 44,000/yr 437 tenancies | 5,709 |
| 1 bed | 812 sqft | AED 1,120,000 2,103 sales all years AED 1,067,418 | AED 1,288/sqft | AED 65,886/yr 821 tenancies | 4,759 |
| 2 beds | 1,304 sqft | AED 1,569,952 1,027 sales all years AED 1,425,865 | AED 1,148/sqft | AED 90,000/yr 555 tenancies | 3,077 |
| 3 beds | 1,853 sqft | AED 2,181,888 221 sales all years AED 1,800,000 | AED 943/sqft | AED 127,500/yr 66 tenancies | 638 |
| 4 beds | 4,005 sqft | AED 2,766,600 21 sales all years AED 2,851,865 | AED 837/sqft | — | 66 |
| Size | Typical home | Price, last 12 months · ready and off-plan | Per sqft, all years | Typical rent | Sales, all years |
|---|---|---|---|---|---|
| 2 beds | 1,614 sqft | fewer than 10 sales in 12 months all years AED 1,979,330 | AED 1,239/sqft | — | 20 |
| 3 beds | 1,998 sqft | AED 2,366,970 160 sales all years AED 2,340,000 | AED 1,647/sqft | AED 160,000/yr 42 tenancies | 539 |
| 4 beds | 2,018 sqft | AED 4,600,000 235 sales all years AED 4,011,660 | AED 1,708/sqft | AED 190,000/yr 326 tenancies | 1,935 |
| 5 beds | 4,872 sqft | AED 13.58M 87 sales all years AED 13M | AED 2,522/sqft | AED 760,479/yr 71 tenancies | 317 |
| 6 beds | 8,833 sqft | fewer than 10 sales in 12 months all years AED 30.18M | AED 2,832/sqft | AED 760,479/yr 71 tenancies | 46 |
Every other figure on this page is about homes that sold. This is the standing stock, from the Land Department’s unit register.
Registered units
26,603
In Majan, from the Land Department's register of flats.
Freehold
100%
Every unit in Majan with a recorded type is freehold, so foreign ownership is permitted throughout.
Typical size
808 sqft
Median of the 26,603 units that record one.
By size of home
Apartments, stacked townhouses and commercial units. Villas are not in this dataset.
From 4,043 tenancy contracts registered with Ejari in the last 12 months — agreed rents, not advertised ones.
Typical annual rent
AED 66,000/yr
for ~926 sqft
Rent per sqft
AED 72/sqft
per year
Renewals
43%
of contracts
Contracts
4,043
last 12 months
What it costs to rent here
Median annual rent, by size of home.
Matched to tenancies by bedroom count where Ejari records one — most contracts do — and by floor area where it does not; the table below says which for each row. Renewing tenants pay about 18% less per sqft than someone signing a new lease here.
A year’s rent against what completed homes of that size actually sold for in Majan over the same twelve months — both from registered records. Off-plan sales are left out of the price, because rent is paid on built homes and off-plan sells at a premium.
| Size | Costs now, ready | Rents for | Gross yield | Ready sales, 12m |
|---|---|---|---|---|
| Studio | AED 519.45K | AED 44,000/yrby bedroom · 437 new lets | 8.5% | 284 |
| 1 bed | AED 852.73K | AED 65,886/yrby bedroom · 821 new lets | 7.7% | 505 |
| 2 beds | AED 1.26M | AED 90,000/yrby bedroom · 555 new lets | 7.1% | 304 |
| 3 beds | AED 1.74M | AED 127,500/yrby bedroom · 66 new lets | 7.3% | 39 |
| Size | Costs now, ready | Rents for | Gross yield | Ready sales, 12m |
|---|---|---|---|---|
| 3 beds | AED 3.25M | AED 160,000/yrby bedroom · 42 new lets | 4.9% | 20 |
| 4 beds | AED 4.1M | AED 190,000/yrby bedroom · 326 new lets | 4.6% | 147 |
The best gross yield here is on a studio at 8.5%. Smaller homes almost always yield more than larger ones — they cost proportionally less and rent for proportionally more.
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 3 beds here reads 6.8% instead of 4.9%, because it prices the home at AED 2.34M — the median across every sale on record — rather than the AED 3.25M a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 15/sqft across 4 buildings, most recently filed for 2023. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| Studio | AED 6,144 | AED 37,856 | 8.5% | 7.3% |
| 1 bed | AED 12,187 | AED 53,699 | 7.7% | 6.3% |
| 2 beds | AED 19,564 | AED 70,436 | 7.1% | 5.6% |
| 3 beds | AED 27,791 | AED 99,709 | 7.3% | 5.7% |
| 3 beds | AED 29,967 | AED 130,033 | 4.9% | 4.0% |
| 4 beds | AED 30,267 | AED 159,733 | 4.6% | 3.9% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
a studio rents for a median AED 44,000/yr, a 1-bedroom for AED 65,886/yr, a 2-bedroom for AED 90,000/yr, a 3-bedroom for AED 127,500/yr. These are medians of tenancy contracts registered with Ejari in Majan over the last twelve months — what tenants agreed to pay, not advertised asking rents. Rent is matched to homes by bedroom count where Ejari records one — most contracts do — and by floor area where it does not; each row on this page says which.
The median residential sale price in Majan was AED 1,456/sqft in August 2026, from 384 sales registered that month. Over the last 12 months a typical home here sold for about AED 849K and measured about 704 sqft (7,320 sales). These are medians of sales actually registered with the Dubai Land Department, not of asking prices.
Gross yields on ready homes in Majan run about 8.5% on a studio apartment, 7.7% on a 1-bedroom apartment, 7.1% on a 2-bedroom apartment, 7.3% on a 3-bedroom apartment, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Smaller homes yield more. These are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Yes. Every unit in Majan whose tenure is recorded in the Land Department's register is freehold, so foreign nationals may own property here outright. The register holds 26,603 units for the area.
Ready homes in Majan sold for a median AED 1,382/sqft in Q2 2026 (138 sales), against AED 1,002/sqft in Q3 2024 (218 sales): +37.9% across those quarters. By quarter, the ready-home median was AED 1,002/sqft in Q3 2024, AED 1,035/sqft in Q4 2024, AED 1,183/sqft in Q1 2025, AED 1,140/sqft in Q2 2025, AED 835/sqft in Q3 2025, AED 1,088/sqft in Q4 2025, AED 893/sqft in Q1 2026, AED 1,382/sqft in Q2 2026. Off-plan registrations ran at AED 1,460/sqft in Q2 2026 (1,576 registrations) and are never pooled with ready homes here. These are medians of registered sales, not an index: a quarter's move against the one before it partly reflects which homes sold, and registrations for Q2 2026 are still being filed.
82% of the 7,320 sales registered in Majan in the last 12 months were off-plan, and the rest were completed homes. The two trade at different prices, so a single blended price per square foot for the area would describe neither.
Median registered sale price per sqft in Majan, by calendar quarter of the transaction date, ready homes and off-plan registrations kept apart. Complete quarters only; a quarter's median prints on 60 or more sales.
| Quarter | Ready homes · median per sqft | vs a year earlier | Off-plan · median per sqft |
|---|---|---|---|
| Q3 2024 | AED 1,002/sqft218 sales | -21.3% | AED 1,393/sqft546 registrations |
| Q4 2024 | AED 1,035/sqft141 sales | +4.4% | AED 1,491/sqft468 registrations |
| Q1 2025 | AED 1,183/sqft146 sales | +4.6% | AED 1,565/sqft600 registrations |
| Q2 2025 | AED 1,140/sqft141 sales | +17.5% | AED 1,441/sqft751 registrations |
| Q3 2025 | AED 835/sqft280 sales | -16.7% | AED 1,496/sqft1,217 registrations |
| Q4 2025 | AED 1,088/sqft350 sales | +5.1% | AED 1,832/sqft2,120 registrations |
| Q1 2026 | AED 893/sqft652 sales | -24.5% | AED 1,830/sqft1,421 registrations |
| Q2 2026still registering | AED 1,382/sqft138 sales | +21.3% | AED 1,460/sqft1,576 registrations |
Ready-home median +37.9% from Q3 2024 (AED 1,002/sqft, 218 sales) to Q2 2026 (AED 1,382/sqft, 138 sales).
Q2 2026 holds 138 ready sales against about 427 in each of the three quarters before it: registrations for it are still being filed, and its median will settle in later months.
A median is not an index: it moves when the mix of what sold moves, and a single quarter's move against the one before it reverses the next quarter about half the time on this register. Read the level, its sample, and the change against the same quarter a year earlier.
Every registered residential sale in this area by month, ready homes and off-plan together, so this is the history of what sold rather than a rate. The newest month is still being registered and will move. The rates on this page read ready homes alone.
963 mortgage procedures were registered here in the last 12 months. These are registrations, not buyers: the register files a loan as its own entry and does not link it to a sale, so this cannot tell you what share of purchases were financed.
A modification is an existing borrower changing terms and a transfer is a loan moving between lenders; neither is a new purchase. Counted from the procedure the Land Department recorded on each registration.
Closest to Majan on median price per square foot. Areas with fewer than 10 recorded sales are left out, because a median drawn from a handful of deals is not worth comparing against.
Each has at least twenty sales on record, so its own median means something. Ordered by how much has traded.
Albarari Ixora Villas
AL BARARI IXORA REAL ESTATE L.L.C
Amethyst By Siroya
SIROYA VENTURES REALTY L.L.C
Amis & Gpd Presents Fleur De Jardin Villas
Amis Gpd Developer L.L.C
Aras Heights
A R A S REAL ESTATE DEVELOPMENT L.L.C
Aras Residence
A R A S REAL ESTATE DEVELOPMENT L.L.C
Art House Private Residences By Viva
Unknown developer
Bararigate By Ade
Unknown developer
Barari Palace
Unknown developer
Barari Parks By Bahat
Unknown developer
Barari Parkview By Al Mawared
ALMAWARED PROPERTIES L.L.C
Barari Views
P C I Real Estate Developers L.L.C
Binghatti Skyflame 1
Binghatti
Binghatti Skyflame 2
Binghatti
Binghatti Square 1
Binghatti Developers Fze
Binghatti Square 2
Binghatti Developers Fze
Binghatti Square 3
Binghatti Developers Fze
Binghatti Titania
Binghatti
Binghatti Vintage
Binghatti
Blossom 40
Unknown developer
Bottega Nove By Lalav
Unknown developer
Celia Heights
Abou Eid Real Estate Development L.L.C
Chorisia 2 Villas
AL BARARI CHORISIA REAL ESTATE L.L.C
Deansgate By Ade
A D E Properties L.L.C
Derby Heights
A M I S Signature Development L.L.C