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2-bed · 1,095 sqftMajestique Residence 1, Dubai South · 2nd floor · completed 2021

209, Majestique Residence 1

Sold prices and rental history: sold once, by the developer in September 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 23 June 2025
Last soldAED 1.06M30 September 2024
Current rentAED 80K /yr23 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Majestique Residence 1

What is 209 worth today?

Last sold for AED 1,061,530 in 2024

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23 Jun 2025RentedNew contract
AED 80,000/yr12 months · AED 73 per sqft
30 Sep 2024Sold by developerReady
AED 1,061,530AED 969 per sqft
23 Jun 2024RentedRenewal
AED 60,000/yr12 months · AED 55 per sqft
23 Jun 2023RentedNew contract
AED 55,000/yr12 months · AED 50 per sqft
3 Nov 2022RentedNew contract
AED 55,000/yr12 months · AED 50 per sqft

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

Key facts

Type
2-bed apartment
Size
1,095 sqft
Floor
2nd of 4
Parking
G-63
Developer
Credo Investments
Completed
2021
Service charge
AED 20,200 /yr
Last sold
AED 1.06M · September 2024
Building
Majestique Residence 1

About 209, Majestique Residence 1

209 is a two-bedroom apartment of 1,095 sqft on the 2nd floor of Majestique Residence 1, a 4-storey tower in Dubai South completed in 2021 by Credo Investments. The developer sold it on 30 September 2024 for AED 1,061,530, or AED 969 per sqft, 8% below the AED 1,055 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 23 June 2025, is AED 80,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 20,200 a year.

Sales and rents for 209 over time

Sales
Unit 209, 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, September 2024: AED 1,061,530 (AED 969 per sqft)

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

Rents
Unit 209, each contractTypical two-bed in Majestique Residence 1
60K80K20222023202420252026Typical rent by year: 2022 AED 48,380; 2023 AED 56,500; 2024 AED 75,000; 2025 AED 80,000New contract, November 2022: AED 55,000 a yearNew contract, June 2023: AED 55,000 a yearRenewal, June 2024: AED 60,000 a yearNew contract, June 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 209 sits

All 41 2-beds →

209 last sold in September 2024 at AED 969 per sqft, 8% below what two-beds in Majestique Residence 1 were fetching at the time (AED 1,055). 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. 209'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 2nd floor

All 106 units in Majestique Residence 1
Value
201StudioAED 485K · Oct 2024
202AED 1.07M · Nov 2025
2032-bedAED 987K · Jan 2025
2052-bedAED 1.05M · Oct 2025
2062-bedAED 970K · Oct 2024
207StudioAED 441K · Oct 2022
2101-bedAED 743K · Nov 2023
1–7 of 21

209, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 30 September 2024 for AED 1,061,530, or AED 969 per sqft.
  • Rented since November 2022 on 4 Ejari contracts, from AED 55,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 20,200 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 June 2025.

Questions about 209, Majestique Residence 1

What did unit 209 last sell for?

AED 1,061,530 on 30 September 2024, sold by the developer: AED 969 per sqft for 1,095 sqft. It is the only registered sale of the unit.

What is the rent for unit 209?

AED 80,000 a year on the contract signed on 23 June 2025. The previous contract, from June 2024, was AED 60,000; the unit has been rented since November 2022.

How big is unit 209?

1,095 sqft (101.7 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2021.

What is unit 209 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 209, Majestique Residence 1

Starts from the last sale price (AED 1.06M, 30 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,061,530
Deposit, UAE resident (20%)
AED 212,306
Deposit, non-resident (40%)
AED 424,612
Monthly over 25 years at 3.7%
AED 4,343

Plus AED 49,594 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →