Paradise View II
✓ Resale Available

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
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 39,543 / year
Cash-on-Cash
1.8%
Levered cashflow AED 9,301
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 59,566 / 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
Paradise View II launch basis1,018AED 916,402Current launch / asking basis
Majan ready-stock comps1,500AED 1.35MIndicative resale benchmark
Majan premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Paradise View II official render 1

Paradise View II official render 1

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Paradise View II official render 8

Astraterra Properties

Official Documents

Download official marketing materials from Dugasta.

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Payment Structure

40% down payment

Flexible Payment

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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

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
MajanMajanDubai, UAE

Developer Track Record

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

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