Drake & Scull Makes Bold Real Estate Debut with Majan Commercial Project
This landmark effort illustrates how Dubai’s property landscape continues evolving, with leading construction firms now shaping the cityscape directly.
At Harpreet Real Estate LLC, we see this strategic expansion as a signal one that offers clients unique opportunities in purveying efficient, high-quality commercial real estate, backed by proven engineering expertise.
Why This Matters for Dubai’s Real Estate Sector
1. Full-Spectrum Build-to-Own Model
By acquiring land, designing, constructing, and developing the Majan project, DSI transitions from contractor to full-value developer enhancing quality control and project cohesion.
What it means for you: Access to properties built with precision from blueprint to finish.
2. Efficient, Cost-Aware Design
Leveraging its 135-year construction background, DSI can optimize costs without sacrificing design excellence.
Result: Premium commercial spaces rare in today’s market.
3. Strategic Plot in Majan
Majan, a central Dubai district, merges connectivity and future potential, making it a smart choice for workplace, trade, and investment.
Project Highlights: Majan’s Commercial Hub
Total Built-Up Area: 156,000 sq ft
Retail: ~10,000 sq ft ground-floor space
Office: 67,000 sq ft across nine floors
Parking: Three-tier podium structure
Design Partner: Bel‑Yoahah Architects & Engineering ensuring professional supervision and premium quality standards.
Timeline: Soils analysis done; construction expected to finish by end of 2026.
Who Will Benefit from This Development?
Investors seeking stable rental income from a well-specified commercial asset.
Business owners who want office and storefront space in a modern, well-managed environment.
Retail operators aiming to open in a professionally run commercial complex with strong infrastructure.
DSI’s hands-on approach ensures high caliber and lasting functionality key for long-term value and tenant retention.
Strategic Impacts for the Market
Raises the bar: With a contractor setting development standards, expect higher quality in efficiency, delivery, and design.
Shortens timelines: Vertical integration can speed up project delivery.
Enhances confidence: Investment backed by a credible contractor draws corporate tenants and lenders alike.
Signals sector shift: As engineering houses move into development, more built-to-sell and build-to-rent projects may follow.
How Harpreet Real Estate LLC Leverages This Trend
Early Access: We monitor contractor-led launches for exclusive opportunities.
Due Diligence: We verify program timelines, delivery guarantees, and leasing terms.
Marketing Edge: We present assets as built-to-hold income generators, backed by engineering legacy.
Strategic Placement: Majan’s connectivity aligns with profiles of retail tenants and office users we serve.
Boosting Returns Through Smart Leasing
With design-driven layout, top-tier MEP specs, and structured parking, Majan’s commercial units stand out in yield and lease potential.
Expected Performance: 7–9% rental yields with stable tenant demand, outperforming average Dubai commercial returns.
Final Thoughts
Drake & Scull’s entry into real estate is more than a milestone—it’s a paradigm shift. Their Majan project showcases how engineering prowess meets smart real estate, promising high-quality, efficient commercial offices and retail in a sought-after location.
Harpreet Real Estate LLC stands ready to guide investors, business owners, and tenants through these new offerings securing lease opportunities and investment benefits.
Ready to explore the opportunities?
Want a preview of Majan’s commercial units?
Need yield projections and leasing strategies?
Prefer insights into similar contractor-driven developments?
Contact Harpreet Real Estate LLC today for full access, comparisons, and transaction facilitation empowering you with innovation-led property options in a thriving market.
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