MAJESTIQUE RESIDENCE 1
ReadyDeveloperCREDO INVESTMENTS F Z E
CommunityDubai South Residential District
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%
GrowthCurrent:AED 1,203/sqft
Last 12M:AED 1,172/sqft
Momentum: Last 12Mvs Prior Year
Rising+7%
GrowthLast 12M:AED 1,172/sqft
Prior Year:AED 1,097/sqft
Community Compare: Last 90DDubai South Residential District
At Market+2%
Above AvgProject:AED 1,174/sqft
Community:AED 1,154/sqft
Liquidity: Last 12MExit Speed
Moderate19%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
3 sold45 left
6%
Velocity
1 Bedroom
12 units
2 sold10 left
17%
Velocity
2 Bedrooms
64 units
18 sold46 left
28%
Velocity
Layouts & Units (124)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
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