Majestique Residence 2
✓ Resale Available

Majestique Residence 2

From AED 1.20M·Completed Dec 2022·50% down payment Payment
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AED 1.20M
Starting Price
Dec 2022
Handover
50% down payment
Payment Plan
2 BR · Apartments
Type

Project Overview

Majestique Residence 2 is a five-storey residential building by Credo Investments FZE, located in Dubai South Residential City, Dubai. The project consists of two exquisitely designed buildings: Majestique Residence I and II. Both buildings have a ground floor dedicated to parking and 4 residential floors that offer fully furnished ultra-luxury designer apartments including studios and 1-2 bedroom residences. The complex is beautifully designed with great care and amenities. Life here is great, as there is access to a variety of entertainment and leisure activities in the heart of the city. Residents have access to such facilities and services as: covered parking, rooftop infinity pool, gym, children's playground, restaurants and retail outlets. The complex is under 24-hour security and video surveillance. Majestique Residence 2 offers major transportation routes just a short walk from the house. Various key attractions are located close to the property. Majestique Residence 2 is approximately a 37-minute drive from Dubai Mall, 33 minutes from Palm Jumeirah, 35 minutes from Burj Al Arab and 35 minutes from Walk JBR. Dubai International Airport (DXB) is about a 37 — minute drive away, while Al Maktoum International Airport is about an 18-minute drive away.

Project Specifications
DeveloperCredo Investments FZE
LocationDubai South
Unit Types2 BR, Apartments
AreaDubai South
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 51,780 / year
Cash-on-Cash
1.8%
Levered cashflow AED 12,180
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 78,000 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Majestique Residence 2 launch basis1,333AED 1.20MCurrent launch / asking basis
Dubai South ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai South premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

Majestique Residence 2 — View 2
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Majestique Residence 2 official render 1

Majestique Residence 2 official render 1

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Majestique Residence 2 official render 2

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Majestique Residence 2 official render 3

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Majestique Residence 2 official render 4

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Majestique Residence 2 official render 5

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Majestique Residence 2 official render 7

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Majestique Residence 2 official render 9

Majestique Residence 2 official render 10

Majestique Residence 2 official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Credo Investments FZE.

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Payment Structure

50% down payment

Flexible Payment

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Amenities & Lifestyle

Covered Parking
Dining outlets (coffee houses & restaurants)
Infinity pool
Kids Play Area
Leisure areas
Lift
Lobby
Lounge
Parking
Pool Deck
Pool Lounge
Recreational areas
Rooftop Pool
Security and CCTV
Shared gym & fitness
Sitting Area
Social zone

Location

Dubai South

Nearby Destinations

Al Maktoum International Airport — 8 mins
Expo City Dubai — 10 mins
Ibn Battuta Mall — 20 mins
Palm Jebel Ali — 15 mins
Dubai SouthDubai SouthDubai, UAE

Developer Track Record

01

Majestique Residence 2 by Credo Investments FZE

02

Located in Dubai South

03

Starting from AED 1,200,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Dec 2022

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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