Paradise View II — project image
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Paradise View II

From AED 916,402·Completed Sep 2019·40% down payment Payment
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AED 916,402
Starting Price
Sep 2019
Handover
40% down payment
Payment Plan
Studio · Retail
Type

Project Overview

Paradise View II is a residential development by Dugasta Properties Development, located in Majan, Wadi Al Safa 3. The project includes a basement level, a ground floor and twelve residential floors, with a technical roof located above them. The architecture features clean vertical lines, panoramic glazing and spacious balconies, emphasizing the expressive and dynamic silhouette of the project. The development offers studios, as well as one-, two- and three-bedroom apartments, with commercial spaces also included in the project. Residents have access to a swimming pool with a relaxation area, a children’s pool, a gym, a sauna, a steam room and covered parking. This set of amenities creates a well-balanced environment for leisure, fitness and everyday comfort. Thanks to its location in Majan, the project benefits from convenient transport connectivity and proximity to the area’s key infrastructure, making it attractive for both living and investment.

Project Specifications
DeveloperDugasta
LocationMajan
Unit TypesStudio, Retail, 1 BR, 2 BR, 3 BR, Apartments, Commerce
AreaMajan
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 39,543 / year
Cash-on-Cash
2.2%
Levered cashflow AED 9,301
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 421,545 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

Paradise View II — View 2
Paradise View II — View 3
Paradise View II — View 4
Paradise View II — View 5
Paradise View II — View 6
Paradise View II — View 7
Paradise View II — View 8

Astraterra Properties

Official Documents

Download official marketing materials from Dugasta.

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Payment Structure

40% down payment

Published payment summary

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Amenities & Lifestyle

Adults Pool
Children’s pool
Covered Parking
Leisure areas
Lift
Lobby
Pool Deck
Pool Lounge
Recreational areas
Resting Areas
Retail outlets
Sauna
Security and CCTV
Shared Pool
Shared gym
Sitting Area
Social zone
Steam

Location

Majan

Nearby Destinations

Majan

Developer and Project Facts

01

Paradise View II by Dugasta

02

Located in Majan

03

Starting from AED 916,402

04

Unit mix includes Studio, Retail, 1 BR, 2 BR

05

Expected handover: Sep 2019

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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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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