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2-bed · 925 sqftMajestique Residence 1, Dubai South · 1st floor · completed 2021

104, Majestique Residence 1

Sold prices and rental history: sold once, by the developer in October 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 23 July 2025
Last soldAED 948K13 October 2022
Current rentAED 80K /yr23 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Majestique Residence 1

What is 104 worth today?

Last sold for AED 947,599 in 2022

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23 Jul 2025RentedNew contract
AED 80,000/yr12 months · AED 87 per sqft
7 Jul 2023RentedNew contract
AED 55,000/yr12 months · AED 59 per sqft
13 Oct 2022Sold by developerReady
AED 947,599AED 1,024 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 July 2025.

Key facts

Type
2-bed apartment
Size
925 sqft
Floor
1st of 4
Parking
G-112
Developer
Credo Investments
Completed
2021
Service charge
AED 17,100 /yr
Last sold
AED 948K · October 2022
Building
Majestique Residence 1

About 104, Majestique Residence 1

104 is a two-bedroom apartment of 925 sqft on the 1st floor of Majestique Residence 1, a 4-storey tower in Dubai South completed in 2021 by Credo Investments. The developer sold it on 13 October 2022 for AED 947,599, or AED 1,024 per sqft.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 23 July 2025, is AED 80,000 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 17,100 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical two-bed in Majestique Residence 1
1M20222023202420252026Typical sale price by year: 2023 AED 1,010,000; 2024 AED 1,014,301; 2025 AED 1,069,780Sold by developer, October 2022: AED 947,599 (AED 1,024 per sqft)

104 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 104, each contractTypical two-bed in Majestique Residence 1
60K80K202220242026Typical rent by year: 2022 AED 48,380; 2023 AED 56,500; 2024 AED 75,000; 2025 AED 80,000New contract, July 2023: AED 55,000 a yearNew contract, July 2025: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Majestique Residence 1, and where 104 sits

All 41 2-beds →

Over the last 12 months two-beds sold for AED 1,050,500 to 1,100,520, around AED 1,157 per sqft, and rent for AED 79,000 to 85,000 a year. 104's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jan 20261,100,520
23 Dec 20251,070,000
15 Oct 20251,050,000
28 Jul 20251,238,738
4 2-bed sales in the last 12 months

Majestique Residence 1

Building

106 apartments, studios to 2-bed over 4 floors in Dubai South, completed in 2021 by Credo Investments. 4 sold in the last 12 months.

Typical price per sqft
AED 1,157
Typical sale
AED 1.07M
Typical rent
AED 63K /yr
Typical yield
7.8%
Majestique Residence 1, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 106 units in Majestique Residence 1
Value
101StudioAED 490K · Jan 2025
1022-bedAED 1.07M · Apr 2025
1052-bedAED 1.23M · Jul 2025
1062-bedAED 1.14M · Jul 2025
107StudioAED 483K · Aug 2024
1082-bedAED 1.02M · Nov 2023
1101-bedAED 764K · Aug 2024
1–7 of 23

104, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 13 October 2022 for AED 947,599, or AED 1,024 per sqft.
  • Rented since July 2023 on 2 Ejari contracts, from AED 55,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 8.4%, before a service charge of about AED 17,100 a year (AED 18.45 per sqft).
  • Two-beds in Majestique Residence 1 sold for AED 1,050,500–1,100,520 in the 12 months to November 2026; the building's median across all types is AED 1,157 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 23 July 2025.

Questions about 104, Majestique Residence 1

What did unit 104 last sell for?

AED 947,599 on 13 October 2022, sold by the developer: AED 1,024 per sqft for 925 sqft. It is the only registered sale of the unit.

What is the rent for unit 104?

AED 80,000 a year on the contract signed on 23 July 2025. The previous contract, from July 2023, was AED 55,000.

How big is unit 104?

925 sqft (85.9 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2021.

What is unit 104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Majestique Residence 1 sold for AED 1,050,500 to 1,100,520 in the last 12 months, around AED 1,157 per sqft.

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Mortgage on 104, Majestique Residence 1

Starts from the last sale price (AED 948K, 13 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 947,599
Deposit, UAE resident (20%)
AED 189,520
Deposit, non-resident (40%)
AED 379,040
Monthly over 25 years at 3.7%
AED 3,877

Plus AED 44,809 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →