MAJESTIQUE RESIDENCE 2
ReadyDeveloperCREDO 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
Momentum: Last 90Dvs Last 12M Baseline
Stable-1%
DeclineCurrent:AED 1,322/sqft
Last 12M:AED 1,336/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DDubai South Residential District
Premium+15%
Above AvgProject:AED 1,324/sqft
Community:AED 1,154/sqft
Liquidity: Last 12MExit Speed
High33%Turnover
20Sold (Last 12M)
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)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 3 units | Type Flat | Beds 2 B/R | Size 1,009 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold 7 days ago | Sales 2 |
Units 4 units | Type Flat | Beds Studio | Size 364 sqft | Avg Price AED 526K | Last Price AED 558K | Last Sold about 1 month ago | Sales 3 |
Units 2 units | Type Flat | Beds 2 B/R | Size 941 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold about 1 month ago | Sales 1 |
Units 4 units | Type Flat | Beds 2 B/R | Size 876 sqft | Avg Price AED 1.1M | Last Price AED 1.1M | Last Sold about 2 months ago | Sales 3 |
Units 306 | Type Flat | Beds 2 B/R | Size 933 sqft | Avg Price AED 1.1M | Last Price AED 1.1M | Last Sold about 2 months ago | Sales 1 |
Units 2 units | Type Flat | Beds 2 B/R | Size 963 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold about 2 months ago | Sales 1 |
Units 4 units | Type Flat | Beds Studio | Size 459 sqft | Avg Price AED 649K | Last Price AED 653K | Last Sold 3 months ago | Sales 2 |
Units 4 units | Type Flat | Beds 2 B/R | Size 972 sqft | Avg Price AED 1.1M | Last Price AED 1.1M | Last Sold 4 months ago | Sales 1 |
Units 3 units | Type Flat | Beds Studio | Size 405 sqft | Avg Price AED 567K | Last Price AED 570K | Last Sold 4 months ago | Sales 2 |
Units 14 units | Type Flat | Beds Studio | Size 377 sqft | Avg Price AED 539K | Last Price AED 557K | Last Sold 5 months ago | Sales 2 |
Units 201 | Type Flat | Beds Studio | Size 409 sqft | Avg Price AED 569K | Last Price AED 569K | Last Sold 5 months ago | Sales 1 |
Units 2 units | Type Flat | Beds 2 B/R | Size 889 sqft | Avg Price AED 1.1M | Last Price AED 1.1M | Last Sold 6 months ago | Sales 1 |
Units 5 units | Type Flat | Beds 2 B/R | Size 976 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 408 | Type Flat | Beds 2 B/R | Size 988 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Flat | Beds 2 B/R | Size 1,020 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Flat | Beds 2 B/R | Size 1,032 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4 units | Type Flat | Beds 2 B/R | Size 1,119 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Flat | Beds Studio | Size 378 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
18 unique layouts covering 60 units