MAJESTIQUE RESIDENCE 1

Ready
Started
7 years 5 months ago01-08-2018
Handover
4 years ago31-12-2021
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
Rising
+3%
Growth
Current:AED 1,203/sqft
Last 12M:AED 1,172/sqft
Momentum: Last 12Mvs Prior Year
Rising
+7%
Growth
Last 12M:AED 1,172/sqft
Prior Year:AED 1,097/sqft
Community Compare: Last 90DDubai South Residential District
At Market
+2%
Above Avg
Project:AED 1,174/sqft
Community:AED 1,154/sqft
Liquidity: Last 12MExit Speed
Moderate
19%Turnover
23Sold (Last 12M)

Supply & Demand Matrix

MAJESTIQUE RESIDENCE 1 averaged 19% liquidity over the last 12 months, which is considered moderate. 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
48 units
6%
Velocity
1 Bedroom
12 units
17%
Velocity
2 Bedrooms
64 units
28%
Velocity

Layouts & Units (124)

Units
2 units
Type
Flat
Beds
2 B/R
Size
922 sqft
Avg Price
AED 1.1M
Last Price
AED 1.1M
Last Sold
7 days ago
Sales
2
Units
8 units
Type
Flat
Beds
2 B/R
Size
883 sqft
Avg Price
AED 1.1M
Last Price
AED 1.1M
Last Sold
8 days ago
Sales
5
Units
10 units
Type
Flat
Beds
2 B/R
Size
923 sqft
Avg Price
AED 1.1M
Last Price
AED 1.2M
Last Sold
14 days ago
Sales
5
Units
5 units
Type
Flat
Beds
2 B/R
Size
929 sqft
Avg Price
AED 1.1M
Last Price
AED 1.1M
Last Sold
about 1 month ago
Sales
3
Units
9 units
Type
Flat
Beds
2 B/R
Size
934 sqft
Avg Price
AED 1.0M
Last Price
AED 1.1M
Last Sold
2 months ago
Sales
5
Units
10 units
Type
Flat
Beds
Studio
Size
379 sqft
Avg Price
AED 468K
Last Price
AED 485K
Last Sold
3 months ago
Sales
3
Units
6 units
Type
Flat
Beds
2 B/R
Size
940 sqft
Avg Price
AED 1.0M
Last Price
AED 1.1M
Last Sold
3 months ago
Sales
3
Units
10 units
Type
Flat
Beds
2 B/R
Size
990 sqft
Avg Price
AED 1.1M
Last Price
AED 1.2M
Last Sold
6 months ago
Sales
3
Units
411
Type
Flat
Beds
1 B/R
Size
787 sqft
Avg Price
AED 891K
Last Price
AED 891K
Last Sold
7 months ago
Sales
1
Units
3 units
Type
Flat
Beds
1 B/R
Size
788 sqft
Avg Price
AED 865K
Last Price
AED 865K
Last Sold
8 months ago
Sales
1
Units
4 units
Type
Flat
Beds
Studio
Size
498 sqft
Avg Price
AED 500K
Last Price
AED 500K
Last Sold
9 months ago
Sales
1
Units
24 units
Type
Flat
Beds
Studio
Size
396 sqft
Avg Price
AED 450K
Last Price
AED 434K
Last Sold
about 1 year ago
Sales
6
Units
6 units
Type
Flat
Beds
Studio
Size
377 sqft
Avg Price
AED 490K
Last Price
AED 490K
Last Sold
about 1 year ago
Sales
1
Units
3 units
Type
Flat
Beds
1 B/R
Size
687 sqft
Avg Price
AED 753K
Last Price
AED 753K
Last Sold
over 1 year ago
Sales
1
Units
4 units
Type
Flat
Beds
Studio
Size
399 sqft
Avg Price
AED 459K
Last Price
AED 490K
Last Sold
over 1 year ago
Sales
2
Units
4 units
Type
Flat
Beds
2 B/R
Size
1,095 sqft
Avg Price
AED 1.1M
Last Price
AED 1.1M
Last Sold
over 1 year ago
Sales
1
Units
304
Type
Flat
Beds
2 B/R
Size
998 sqft
Avg Price
AED 975K
Last Price
AED 975K
Last Sold
about 2 years ago
Sales
1
Units
110
Type
Flat
Beds
1 B/R
Size
690 sqft
Avg Price
Last Price
Last Sold
Sales
Units
3 units
Type
Flat
Beds
1 B/R
Size
710 sqft
Avg Price
Last Price
Last Sold
Sales
Units
123
Type
Flat
Beds
1 B/R
Size
713 sqft
Avg Price
Last Price
Last Sold
Sales
Units
2 units
Type
Flat
Beds
2 B/R
Size
945 sqft
Avg Price
Last Price
Last Sold
Sales
Units
230
Type
Flat
Beds
2 B/R
Size
987 sqft
Avg Price
Last Price
Last Sold
Sales
Units
5 units
Type
Flat
Beds
2 B/R
Size
997 sqft
Avg Price
Last Price
Last Sold
Sales
Units
430
Type
Flat
Beds
2 B/R
Size
1,004 sqft
Avg Price
Last Price
Last Sold
Sales

24 unique layouts covering 124 units