Genesis Residences

P1 — Delivered Ready Secondary
Developer Meraki Developers
Community Arjan
Property type Apartment
Data updated Feb 13, 2026

Genesis Residences is a Delivered development by Meraki Developers in Arjan. 197 units across 1 Bedroom (44%), 2 Bedroom (36%), Studio (20%). Over the trailing 12 months, 327 sales at a median of AED 932,500.

Key Metrics
Median Price
Value
AED 932,500
Change
16.6% YoY
Transactions
Value
327
Change
28 in period
Price / sqft
Value
AED 1,172
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 932,500
↑ 16.6% YoY
Transactions
327
↑ 28 in period
Price / sqft
AED 1,172
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
4.0%
Holding Period
Value
3.0 yrs
Liquidity
Value
14.2%
Price Dispersion
Value
10.7%
Ready Market Mix
Value
0.0%
Rental Activity
Value
41.6%
Capital Return
4.0%
Holding Period
3.0 yrs
Liquidity
14.2%
Price Dispersion
10.7%
Ready Market Mix
0.0%
Rental Activity
41.6%

Rental Performance

Rental Volume
Value
701
Avg Annual Rent
Value
AED 55,329
New Leases
Value
63.9%
Renewals
Value
36.1%
Rental Volume
701
Avg Annual Rent
AED 55,329
New Leases
63.9%
Renewals
36.1%

Unit Mix

By bedroom type
Studio 40 units · 20%
1 Bedroom 87 units · 44%
2 Bedroom 70 units · 36%

Transaction Breakdown

All time — 327 transactions
Off-Plan Primary
103
Off-Plan Secondary
1
Ready Primary
94
Ready Secondary
129

Price History

Median Price — Genesis Residences

Median prices in Genesis Residences have remained broadly stable over the past 11 months, hovering around AED 1.2M.

Recent Transactions

Showing last 10 of 327
Date Type Price (AED) Size (sqft) AED/sqft
Feb 13, 2026 RP Secondary 1,230,000 1,016 1,209
Jan 14, 2026 RP Secondary 1,170,000 1,052 1,112
Jan 13, 2026 RP Secondary 1,130,000 1,015 1,113
Jan 09, 2026 RP Secondary 1,185,000 1,052 1,126
Jan 08, 2026 RP Secondary 930,000 800 1,162
Dec 08, 2025 RP Secondary 630,000 488 1,288
Dec 04, 2025 RP Secondary 1,200,000 1,014 1,182
Nov 28, 2025 RP Secondary 1,080,000 1,059 1,018
Nov 27, 2025 RP Secondary 900,000 822 1,094
Nov 11, 2025 RP Secondary 1,110,000 1,014 1,093

This project is in Arjan

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