Genesis by Meraki

Completed|200 units · 1 building

Genesis by Meraki is a completed development by MERAKI REAL ESTATE DEVELOPMENT L.L.C in Arjan, comprising 200 registered units. 328 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,123 per sqft. At AED 1,123 per sqft, Genesis by Meraki prices 10% below the Arjan median of AED 1,245 per sqft on registered sales.

PIX© price · ↓1.7% YoY

858KAED

Typical

1,123AED

PSF

Gross yield

7.9%

PIX© rent ÷ PIX© price

Sale records

328

DLD · all time

Rent contracts

779

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationArjan

Drive times · typical

Downtown Dubai21 min · 19.2 km

DXB Airport25 min · 35.3 km

DIFC26 min · 23.2 km

Dubai Marina18 min · 18.5 km

Palm Jumeirah21 min · 17.7 km

Nearby · straight-line

Metro stationMall of the Emirates7.5 km

MallCity Centre Al Barsha0.4 km

SchoolSafa Community School0.7 km

HospitalMediclinic Parkview0.4 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 2

…

2 Bed on Floor 2, Genesis by Meraki

Size
Record: Oct 2020 to May 2025
Owners: 4
Tenants: 4
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
4Owner 4	14 May 2025		18 mo	Current owner Transferred without a registered sale Mortgage
4Tenant 4	10 Oct 2024		4 mo	Ended early Owner 3
3Tenant 3	10 Oct 2023		12 mo	Owner 3
3Owner 3	23 Aug 2023		21 mo	Sold with tenant in place
2Tenant 2	30 Oct 2022		11 mo	Renewal · Ended early Owner 2
2Tenant 2	15 Oct 2021		12 mo	Renewal Owner 2
2Tenant 2	15 Oct 2020		12 mo	Owner 2
1Tenant 1	15 Oct 2020		12 mo	Owner 2
2Owner 2	4 Oct 2020		2.9 yrs
Owner 1 · Undisclosed		—		Acquisition date and price not on record

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

2 Bed · Floor 2 · Genesis by Meraki

Nightly rateAED

Occupancy (237 nights)

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Genesis by Meraki1,123AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	PIX© Rent /yr	Yield
PIX© Core Project-Wide 392 - 1,246 sqft	200	858K	1,123	↓1.7%	67K	7.9%
Residential
Studio · Apartment 466 - 699 sqft	40
1 Bed · Apartment 699 - 940 sqft	87
2 Bed · Apartment 1,015 - 1,246 sqft	70
Commercial
Shop 392 - 894 sqft	3	-	-	-

Sales - Project-Wide328 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
26 Aug 2026	1 Bed	Genesis by Meraki · Floor 3	702	810,000	1,153	+63.6%	Standard	Standard Sale
19 Aug 2026	2 Bed	Genesis by Meraki · Floor 10	1,018	1,090,000	1,071	+8.9%	Entry Level	Standard Sale
13 Aug 2026	Studio	Genesis by Meraki · Floor 9	494	550,000	1,114	+7.0%	Standard	Standard Sale

Rentals - Project-Wide779 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
8 Nov 2026	Studio	Genesis by Meraki · Floor 7	466	42,000	90	-	Entry Level	CERTIFICATE
1 Nov 2026	1 Bed	Genesis by Meraki · Floor 3	703	60,000	85	-	Entry Level	CONTRACT
29 Oct 2026	2 Bed	Genesis by Meraki · Floor 3	1,017	102,280	101	-	Premium	CONTRACT

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Genesis by Meraki

Compared with

Siraj Tower

PIX© PSF

1,128

Rank

#34 of 50

#33 of 50

Typical price

888K

Yield

8.0%

Units

200

374

Sales

101

271

Rents

443

847

Developer

MERAKI REAL ESTATE DEVELOPMENT L.L.C

AL MADAR INVESTMENT (L.L.C)

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Samana Hills SAMANA IFD HOLDING LIMITED · Completed	202					79	567
	Uniestate Supreme Residence UNIESTATE PROPERTIES L.L.C · Completed	138					15	239
	2020 Marquis MARQUIS POINT REAL ESTATE L.L.C · Completed	150					49	311
	Burj View Residence AL MADAR INVESTMENT (L.L.C) · Completed	123					238	323
	Siraj Tower AL MADAR INVESTMENT (L.L.C) · Completed	374					271	847
34	Genesis by Meraki MERAKI REAL ESTATE DEVELOPMENT L.L.C · Completed	200	1,128	Subject	888K	8.0%	101	443
	Resortz Block 3 DANUBE PROPERTIES DEVELOPMENT L.L.C · Completed	153					64	394
	The Wings ALMIZAN PROPERTY DEVELOPER L.L.C · Completed	242					47	639
	The Wings Block B ALMIZAN PROPERTY DEVELOPER L.L.C · Completed	80					43	169
	Resortz Block 2 DANUBE PROPERTIES DEVELOPMENT L.L.C · Completed	127					54	321
	Syann Park 1 SYANN PARK 1 LIMITED · Completed	165					169	518

Community median 1,245 AED/sqft. Showing the closest-ranked peers of 50 ranked projects in the community. 7 community projects excluded for insufficient recorded sales. 34 excluded for trading only in the off-plan market. 10 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Arjan

The closest-priced registered projects in Arjan.

Resortz Block 3AED 1,114/sqft
The WingsAED 1,098/sqft
The Wings Block BAED 1,098/sqft
Resortz Block 2AED 1,080/sqft
Siraj TowerAED 1,177/sqft
Syann Park 1AED 1,061/sqft

Common questions about Genesis by Meraki

Answered from Dubai Land Department registered transactions.

How much does a property in Genesis by Meraki cost?

Property in Genesis by Meraki sells at a current PIX© price of AED 1,123 per sqft, or about AED 858,339 for a typical unit, based on 328 sales registered with the Dubai Land Department.

Is Genesis by Meraki completed?

Yes. Genesis by Meraki is recorded as completed in the Dubai Land Department project register.

Who is the developer of Genesis by Meraki?

Genesis by Meraki is developed by MERAKI REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Genesis by Meraki?

Genesis by Meraki yields 7.9% gross, calculated from current PIX© rent against current PIX© sale price, across 779 registered Ejari contracts.

How many units are in Genesis by Meraki?

Genesis by Meraki holds 200 registered units, per the Dubai Land Department unit register.

Have prices in Genesis by Meraki gone up or down?

Price per sqft has fallen -1.7% over the last 12 months, to AED 1,123, across 328 registered sales.