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2-bed · 993 sqftMajestique Residence 1, Dubai South · 1st floor · completed 2021

108, Majestique Residence 1

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

Unit 108 · DLD and Ejari recordsUpdated 25 September 2025
Last soldAED 1.02M1 November 2023
Current rentAED 70K /yr25 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Majestique Residence 1

What is 108 worth today?

Last sold for AED 1,017,000 in 2023

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25 Sep 2025RentedRenewal
AED 70,000/yr12 months · AED 71 per sqft
25 Sep 2024RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft
1 Nov 2023Sold by developerReady
AED 1,017,000AED 1,024 per sqft
25 Sep 2023RentedNew contract
AED 61,000/yr12 months · AED 61 per sqft
26 Aug 2022RentedNew contract
AED 54,000/yr13 months · AED 55 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2025.

Key facts

Type
2-bed apartment
Size
993 sqft
Floor
1st of 4
Parking
G-108
Developer
Credo Investments
Completed
2021
Service charge
AED 18,300 /yr
Last sold
AED 1.02M · November 2023
Building
Majestique Residence 1

About 108, Majestique Residence 1

108 is a two-bedroom apartment of 993 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 1 November 2023 for AED 1,017,000, or AED 1,024 per sqft, in line with the AED 1,019 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 25 September 2025, is AED 70,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 18,300 a year.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical two-bed in Majestique Residence 1
1M1.05M2023202420252026Typical sale price by year: 2023 AED 1,010,000; 2024 AED 1,014,301; 2025 AED 1,069,780Sold by developer, November 2023: AED 1,017,000 (AED 1,024 per sqft)

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

Rents
Unit 108, 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, August 2022: AED 54,000 a yearNew contract, September 2023: AED 61,000 a yearNew contract, September 2024: AED 70,000 a yearRenewal, September 2025: AED 70,000 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 108 sits

All 41 2-beds →

108 last sold in November 2023 at AED 1,024 per sqft, in line with what two-beds in Majestique Residence 1 were fetching at the time (AED 1,019). 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. 108's AED 70,000 is at the bottom 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
1042-bedAED 948K · Oct 2022
1052-bedAED 1.23M · Jul 2025
1062-bedAED 1.14M · Jul 2025
107StudioAED 483K · Aug 2024
1101-bedAED 764K · Aug 2024
1–7 of 23

108, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 1 November 2023 for AED 1,017,000, or AED 1,024 per sqft.
  • Rented since August 2022 on 4 Ejari contracts, from AED 54,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 18,300 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 25 September 2025.

Questions about 108, Majestique Residence 1

What did unit 108 last sell for?

AED 1,017,000 on 1 November 2023, sold by the developer: AED 1,024 per sqft for 993 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 70,000 a year on the contract renewed on 25 September 2025. The previous contract, from September 2024, was AED 70,000; the unit has been rented since August 2022.

How big is unit 108?

993 sqft (92.3 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2021.

What is unit 108 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 108, Majestique Residence 1

Starts from the last sale price (AED 1.02M, 1 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,017,000
Deposit, UAE resident (20%)
AED 203,400
Deposit, non-resident (40%)
AED 406,800
Monthly over 25 years at 3.7%
AED 4,161

Plus AED 47,724 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →