The Vault by Imtiaz at Majan Dubai

• 2022: Launched Westwood by Imtiaz in Al Furjan, a building of 188 units.
• 2023: Appointed NEB for an upcoming community project in Dubailand.
• 2024: Won the Rising Star Developer of the Year award and launched Cove Edition 2 in Dubailand.
• 2025: Handed over Hyde Walk in Jumeirah Garden City, entered Meydan and signed Zaha Hadid Architects to design The Symphony.
• 2026: Handed over Beach Walk, its first homes on Dubai Islands, bought a plot in Downtown Jebel Ali and launched Raw District, which was reported sold out on launch day.

Majan was launched in November 2006 by Mizin, the property arm of Tatweer, and was promoted as the Downtown of Dubailand. Building work in Majan slowed after the 2008 financial crisis, and the master plan was later changed so that smaller plots could be sold. Today, Majan has finished buildings standing next to new launches from many different developers.

DLD sale records from 26 August 2026 give a quick snapshot of Majan prices. Ready 1 bedroom flats sold at about AED 1,400 per sq ft, and a ready studio sold at about AED 1,450 per sq ft. Off-plan studios in Majan were registered on 26 August 2026 at between AED 1,779 and AED 2,115 per sq ft.

• Dunecrest American School and GEMS Winchester School are the 2 closest schools to Majan.
• Global Village and IMG Worlds of Adventure are among the nearest family attractions.
• Pet owners have 4 vet clinics and 4 pet shops inside the community.

• Majan has no metro station, so most residents need a car or taxi.
• There is no hospital inside Majan, so hospital visits mean driving out of the community.
• There is no golf course inside Majan, and the closest are the Dubai Hills and Arabian Ranches golf clubs.

Property records for 4 recent Imtiaz Developments projects in Jumeirah Village Circle show that all 4 were finished on or before their estimated handover date. Construction on each of these 4 projects took about 2 years. Westwood by Imtiaz in Al Furjan took much longer, with work starting in February 2018 and finishing in November 2023.

Majan has 161 building developments on record. Between January 2025 and January 2026, at least 6 new residential launches in Majan were announced by different developers. More homes bring more shops and services to Majan, but more homes also mean more competition for owners who rent out or resell. When Imtiaz announces a handover date for The Vault, compare that date with the completion dates of nearby Majan projects.

Imtiaz has not released prices for The Vault, so this cost example uses an assumed purchase price of AED 800,000. The DLD registration fee is 4% of the price, which adds AED 32,000 and brings the total to AED 832,000 before small admin charges. After handover, add the yearly service charge, and add furnishing costs if the unit is not sold furnished. Replace the assumed price with the real one when Imtiaz releases its price list.

An AED 832,000 purchase at The Vault by Imtiaz, including the 4% DLD fee, equals about INR 2.17 crore at the rate of AED 1 to INR 26.13 on 16 September 2026. Resident Indians can send up to USD 250,000 per person each financial year under the Liberalised Remittance Scheme. Banks collect 20% TCS on overseas investment remittances over INR 10 lakh a year, and the TCS amount can be adjusted against your income tax.

The UAE does not charge personal income tax, but resident Indians must pay tax in India on rent and sale profits from a Dubai home and declare the property in Schedule FA of their tax return. NRIs are not taxed in India on rent or sale profits from a Dubai home. Speak to a chartered accountant before you send funds.