officially Wadi Al Safa 3 · also covers Living Legends
Median per sqft
AED 1,456/sqft
Change / 206mo
+24.4%
Annualised pace
+1%
Sold off-plan
79%
Gross rental yield
4.9%
Mortgages per 100 resales
64
A typical residential sale here is AED 1,050,000 for about 847 sqft, from 17,141 recorded sales.
Prices here have moved +24.4% across the 206 months (Jun 2009 – Aug 2026) of Land Department records we hold — a pace of +1% a year if it continued.
That is the whole 206 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.
Off-plan and ready are different markets
Comparing a launch price against a resale price without separating them is the most common way Dubai price-per-square-foot figures mislead.
79%
Sold off-plan
of 17,141 sales
Off-plan
AED 1,489/sqft
13,553 recorded sales
Ready
AED 993/sqft
3,588 recorded sales
Off-plan trades 50% above completed homes here. A single blended figure would sit between the two and describe neither.
What each size costs in Wadi Al Safa 3
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.
Rent is matched by size here, not bedroom count, so the column is what homes of that sizeactually let for — the question behind the question, answered from real contracts. Ejari does also carry a bedroom count on most tenancies, and the rent-by-bedroom figures on this page read that field directly.
Size
Typical home
Typical price
Per sqft
Typical rent
Sales
Studio
410 sqft
AED 688,999
AED 1,638/sqft
AED 44,000/yr
437 tenancies
5,724
1 bed
812 sqft
AED 1,067,559
AED 1,287/sqft
AED 65,943/yr
822 tenancies
4,766
2 beds
1,307 sqft
AED 1,429,650
What exists here, and who may own it
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 Wadi Al Safa 3, from the Land Department's register of flats.
Freehold
100%
Every unit in Wadi Al Safa 3 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
1 B/R11,096
Studio7,570
2 B/R6,122
3 B/R
Rental market
From 4,099 tenancy contracts registered with Ejari in the last 12 months — agreed rents, not advertised ones.
Typical annual rent
AED 66,000/yr
for ~928 sqft
Rent per sqft
AED 72/sqft
per year
Renewals
43%
of contracts
Contracts
4,099
last 12 months
What it costs to rent here
Median annual rent, by size of home.
StudioAED 44,000/yr
1 bedAED 65,943/yr
2 beds
What it returns
A year’s rent against what that size of home actually sold for in Majan over the same twelve months — both from registered records.
Size
Costs now
Rents for
Gross yield
Sales behind it
Studio
AED 694K
AED 44,000/yrby bedroom · 437 new lets
6.3%
3,493
1 bed
AED 1.12M
AED 65,943/yrby bedroom · 822 new lets
5.9%
2,156
2 beds
AED 1.57M
AED 90,000/yrby bedroom · 561 new lets
5.7%
1,056
3 beds
AED 2.21M
AED 150,000/yrby bedroom · 108 new lets
6.8%
390
4 beds
AED 4.51M
AED 190,000/yrby bedroom · 327 new lets
Common questions about Majan
How much is rent in Majan?
a studio rents for a median AED 44,000/yr, a 1-bedroom for AED 65,943/yr, a 2-bedroom for AED 90,000/yr, a 3-bedroom for AED 150,000/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. This table matches rent to homes by floor area, which every Ejari contract records. Ejari carries a bedroom count on most contracts too, and the rent-by-bedroom figures on this page read that field rather than inferring it from size.
How much do properties cost in Majan?
Median price per sqft trend
Areas at a similar price
Closest to Wadi Al Safa 3 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.
Apartments, stacked townhouses and commercial units. Villas are not in this dataset.
AED 90,000/yr
3 bedsAED 150,000/yr
4 bedsAED 190,000/yr
5 bedsAED 760,479/yr
6 bedsAED 760,479/yr
Matched to tenancies by floor area, so this is what homes of each size actually let for. Ejari does also record a bedroom count on most contracts — the rent-by-bedroom table below reads that field directly. Renewing tenants pay about 18% less per sqft than someone signing a new lease here.
4.2%
262
5 beds
AED 13.58M
AED 760,479/yrby bedroom · 71 new lets
5.6%
91
The best gross yield here is on a 3 beds at 6.8%. 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 2 beds here reads 6.3% instead of 5.7%, because it prices the home at AED 1.43M — the median across every sale on record — rather than the AED 1.57M it costs today. Every figure above uses the same twelve months on both sides.
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 13/sqft across 3 buildings, most recently filed for 2023. Charges have risen since then and the filing is matched to this page by name, 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 5,333
AED 38,667
6.3%
5.6%
1 bed
AED 10,562
AED 55,381
5.9%
4.9%
2 beds
AED 16,985
AED 73,015
5.7%
4.7%
3 beds
AED 24,365
AED 125,635
6.8%
5.7%
4 beds
AED 26,247
AED 163,753
4.2%
3.6%
5 beds
AED 63,272
AED 697,207
5.6%
5.1%
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.
The median residential sale price in Majan is AED 1,456/sqft, which works out at about AED 1.05M for a typical 847 sqft home. That is a median of 17,141 sales actually registered with the Dubai Land Department, not of asking prices.
What rental yield does Majan give?
Gross yields in Majan run about 6.3% on a studio, 5.9% on a 1-bedroom, 5.7% on a 2-bedroom, 6.8% on a 3-bedroom, dividing a year of registered rent by what 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.
Is Majan freehold?
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.
Is Majan mostly off-plan or completed homes?
79% of the 17,141 registered sales in Majan 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.
