MAJESTIQUE RESIDENCE 2
MatureDeveloperCREDO INVESTMENTS F Z E
CommunityDubai South Residential District
Started
7 years 6 months ago01-07-2018
Handover
4 years 2 months ago21-11-2021
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF (G+4) RESIDENTIAL BUILDING LOCATED IN MADINAT AL MATAAR. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Sales Performance
Market Sales: Last 90Dvs Last 12M Baseline
Stable-2%Decline
Current:AED 1,313/sqft
Last 12M:AED 1,336/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DDubai South Residential District
Premium+12%Above Avg
Project:AED 1,317/sqft
Community:AED 1,180/sqft
Liquidity: Last 12MExit Speed
High33%Turnover
20Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,166/sqft
Range:AED 920 – AED 1K
Avg Unit:AED 55K/yr
Leasing Volume: L12MContracts Signed
Active19Total
New:19
Renew:0
Tenant RetentionRenewal Rate
Low0%renewals
100% new tenants0% renewals
Gross YieldAnnual Return
High Yield88.8%Yield
Rent:AED 1,166/sqft
Price:AED 1,313/sqft
Supply & Demand Matrix
MAJESTIQUE RESIDENCE 2 averaged 33% liquidity over the last 12 months, which is considered high. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
28 units
10 sold18 left
36%
Velocity
2 Bedrooms
32 units
10 sold22 left
31%
Velocity
Layouts & Units (60)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-4 | Inventory 28units 12 layouts · Typically 1 parking 5-8 sqm balcony | Size Range 364-460sqft | Price Range AED 486K - AED 653K | Avg PSF 1,420 | Sales 10 | Trend — | |
Asset Class 2 Bed FlatFloors 1-4 | Inventory 32units 21 layouts · Typically 1 parking 6-18 sqm balcony | Size Range 876-1,120sqft | Price Range AED 1.1M - AED 1.3M | Avg PSF 1,252 | Sales 10 | Trend — |
Grouped into 2 asset classes covering 60 units