Croesus Building, Majan
Croesus Building is a seven-storey residential building in Majan, Wadi Al Safa 3, DubaiLand, developed by Croesus Holding. Completed in 2020, it comprises 52 registered units, a mix of one- and two-bedroom apartments alongside a handful of ground-floor retail units. Royale Stays manages short-term rental listings across Dubai for a fee starting from 15%.
Developer
Croesus Holding
Area
Majan, DubaiLand
Unit mix
52 units: one- and two-bedroom apartments
Status
Complete (2020)
About Croesus Building
Croesus Building is a seven-storey residential building in Majan, Wadi Al Safa 3, DubaiLand, developed by Croesus Holding. Construction began in early 2018 and finished in 2020, with Dubai Land Department-linked records placing completion in May 2020. The building holds 52 registered units in total, per the Dubai Land Department’s own unit register: 48 residential apartments across one- and two-bedroom layouts, plus 4 ground-floor retail units.
The ground floor houses a small mix of street-level retail tenants, including a children’s nursery, a spa, a ladies’ salon and a trade office, giving the building a bit of everyday convenience beyond its own resident amenities.
Location & Nearby Landmarks
Croesus Building sits in Majan, part of DubaiLand, along the corridor near Sheikh Mohammed Bin Zayed Road. IMG Worlds of Adventure is around 1.5 km away, and Global Village is roughly 3.1 km away. Majan Active Park and Majan Active Park East both sit within about 0.4 km, and The Bay Al Barari is around 0.6 km away.
Families in the area are within reach of several schools, including Dunecrest American School (around 1.2 km away) and GEMS Winchester School, Dubai (around 2.0 km). Nearby developments include other Royale Stays Building Guide entries in the same Majan micro-area, such as Aras Residence and Sherena Residence.
Unit Types
Croesus Building offers one- and two-bedroom apartments only, with no studios or larger layouts on record. One-bedroom units run from around 875 to 888 sq ft, and two-bedroom units range from around 1,152 to 1,476 sq ft, with recorded Dubai Land Department transaction sizes commonly falling between 1,150 and 1,280 sq ft. A small number of ground-floor retail units round out the building’s 52 registered units.
Apartments feature open-plan living areas with large windows and private balconies, standard across the building’s residential stock.
Amenities
Amenities at Croesus Building include a rooftop temperature-controlled swimming pool, a gymnasium, steam and sauna rooms, a rooftop Jacuzzi and a children’s play area. Two basement levels provide covered parking for residents.
Transportation & Access
Majan has no on-site Metro station, so a car, taxi or ride-hailing app is the standard way to get around; the nearest Metro station is roughly 11 km away. From Croesus Building, Dubai International Airport is roughly 20 minutes’ drive and Al Maktoum International Airport is roughly 31 minutes’ drive. Dubai Mall is around 20 minutes away by car, Palm Jumeirah and Burj Al Arab are each around 21 minutes away, and The Walk JBR is around 24 minutes away.
Price Guide & Rental Trends
Dubai Land Department sale records show one-bedroom apartments at Croesus Building selling for roughly AED 850,000 to AED 875,000 in 2025 (around AED 970 to AED 1,000 per sq ft), and two-bedroom apartments selling for roughly AED 1,000,000 to AED 1,225,000 across 2024 to early 2026 (around AED 850 to AED 1,040 per sq ft). Independent DLD-sourced analytics put the building’s current price around AED 989 per sq ft project-wide, with a gross rental yield near 7%. Royale Stays has not independently verified a building-wide average price beyond these individually recorded transactions.
Owners weighing a specific unit’s earning potential can run their own numbers through Royale Stays’ Dubai property ROI calculator.
Airbnb Income Potential
Short-term letting anywhere in Dubai, including at Croesus Building, requires a DTCM holiday-home permit, along with confirming the building’s own short-term letting policy before listing a unit.
Majan is outside Royale Stays’ five core managed areas (Palm Jumeirah, Dubai Marina, Downtown Dubai, JBR and Business Bay), so no managed-portfolio earnings figures are published for this specific building. Royale Stays handles the full furnishing, photography, pricing, check-in and guest communications for owners across Dubai, from a management fee starting from 15%.
Croesus Holding is a private residential developer, not a hotel brand: there is no policy reason, unlike Vida, the site’s only confirmed prohibited brand, that apartments at Croesus Building can’t be run as licensed holiday homes. Owners ready to move forward can submit their property for a free earnings estimate.
Permit and STR framing reviewed by Chris Veinbaums, DTCM-licensed operator.
Questions