Majan in Dubai is a 1.5 million square meter district in the heart of Dubailand. Developed by Mizin Real Estate and Tameer Holdings, it started in 2006.
Majan is a versatile neighbourhood, with 32% dedicated to homes, 44% for retail and entertainment, and 24% for commercial spaces. Residential areas mainly feature mid-rise multi-apartment buildings. Amenities like swimming pools, gyms, and play areas are also available in some complexes.
Majan’s new district has many apartment options, suiting large capital owners and small private investors. One notable advantage is the opportunity to apply for a 3-year UAE residence visa upon purchasing properties worth 750,000 AED or more.
Investing in Majan properties can generate a return on investment of up to 6.34%, generally within the 4-9% range for the emirate. Majan’s infrastructure is comprehensive, featuring food stores, shopping malls, schools, business centers, restaurants, eateries, mosques, and other facilities. Apartment buildings typically include swimming pools, spa centers, gyms, recreation areas, and underground parking spaces.
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