Condor Developers completed Condor Fortuna on 6 November 2026, delivering an AED120 million residential building in Majan, Dubailand. The completion adds 85 ready apartments to the market for buyers and tenants seeking new inventory. Across Dubai, buyers registered 132,867 sales year to date with a median price of AED 1.42M, while gross yield across the city stands at 7.0%.
What does the completion of Condor Fortuna include
The handover of Condor Fortuna brings 85 new apartments to Majan. This project represents an AED120 million investment by Condor Developers. Over the past two years, the developer has delivered nearly 500 apartments across three separate projects in Dubai. These figures represent completed developer deliveries rather than secondary market sales or tenant leasing absorption.
How the Majan handover affects Dubailand buyers and tenants
Fresh inventory gives end-users and investors immediate choices without construction waiting periods. Across the wider Dubai market, apartment prices averaged AED 1,680 per square foot over the last 3 months. Additional completed stock in suburban communities like Majan provides alternative options for residents looking for clear entry prices. Landlords entering the market with new units compete directly with existing ready supply across Dubailand.
What to evaluate before buying or renting in Majan
Developer completion metrics confirm physical building handovers, but secondary performance relies on financial clarity. We advise clients to review real transactional figures rather than marketing estimates before committing capital. You can track general market performance through our Crown Key DLD Valuation page to see how transactions register with the Dubai Land Department.
- Compare recent ready unit transaction prices in the exact cluster using official DLD records.
- Review the signed service charges per square foot to calculate true net returns.
- Check actual building occupancy rates and current tenant demand in nearby properties.
- Verify recent leased rates for similar unit sizes in Majan before setting rental asking figures.
How ready stock impacts broader Dubai returns
Yields remain steady across primary Dubai districts. DLD transaction data shows Business Bay gross yield at 7.0% with 5,261 sales year to date, while Jumeirah Village Circle recorded 8,382 sales year to date with an 8.0% gross yield. New handovers in Dubailand add to the 27,782 apartment sales recorded across Dubai in the last 3 months. Buyers evaluating properties for sale or owners planning to sell ready units must base their pricing on registered sales rather than listing portals.
What we would do
We recommend verifying DLD transaction data for your specific unit size and building before signing an agreement. If you own an apartment in Majan or plan to purchase ready stock in Dubailand, do not rely on asking prices. Request a free Crown Key DLD Valuation to receive a one-page report based on real registered sales sent the same day, or message Muhammad on WhatsApp via our contact page for direct advice.
Questions people ask
How many units were delivered at Condor Fortuna in Majan?
Condor Developers delivered 85 apartments at Condor Fortuna in Majan, Dubailand. The completed residential project has a value of AED120 million.
How many apartments has Condor Developers delivered overall?
Condor Developers has delivered nearly 500 apartments across three separate projects over a two-year period. These figures reflect physical developer handovers.
When was the completion of Condor Fortuna reported?
The completion of the AED120 million Condor Fortuna project in Majan was reported on 6 November 2026.
Sources: indexbox.io · indexbox.io · theemiratesgroup.com · Reuters
General information from Dubai Land Department data and public reports, not a forecast or advice on a specific transaction.