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884 sqftMajestique Residence 1, Dubai South · 2nd floor · completed 2021

228, Majestique Residence 1

Sold prices and rental history: sold once, by the developer in August 2025, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 228 · DLD and Ejari recordsUpdated 28 August 2025
Last soldAED 1.02M28 August 2025
Current rentAED 48K /yr27 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 228, Majestique Residence 1

What is 228 worth today?

Last sold for AED 1,021,450 in 2025

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28 Aug 2025Sold by developerReady
AED 1,021,450AED 1,155 per sqft
27 Oct 2022RentedNew contract
AED 48,380/yr24 months · AED 55 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2025.

Key facts

Type
Apartment
Size
884 sqft
Floor
2nd of 4
Parking
G-43 0
Developer
Credo Investments
Completed
2021
Service charge
AED 16,300 /yr
Last sold
AED 1.02M · August 2025
Building
Majestique Residence 1

About 228, Majestique Residence 1

228 is an apartment of 884 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 28 August 2025 for AED 1,021,450, or AED 1,155 per sqft.

One Ejari contract is registered, from 27 October 2022. The current contract, signed on 27 October 2022, is AED 48,380 a year: a gross yield of 4.7% on the 2025 price, before the service charge of about AED 16,300 a year.

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
2092-bedAED 1.06M · Sep 2024
1–7 of 21

228, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 28 August 2025 for AED 1,021,450, or AED 1,155 per sqft.
  • Rented since October 2022 on one Ejari contract, at AED 48,380 a year.
  • At AED 48,380 a year the gross yield on the 2025 price is 4.7%, before a service charge of about AED 16,300 a year (AED 18.45 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2025.

Questions about 228, Majestique Residence 1

What did unit 228 last sell for?

AED 1,021,450 on 28 August 2025, sold by the developer: AED 1,155 per sqft for 884 sqft. It is the only registered sale of the unit.

What is the rent for unit 228?

AED 48,380 a year on the contract signed on 27 October 2022.

How big is unit 228?

884 sqft (82.1 sqm): an apartment on the 2nd floor of a 4-storey tower completed in 2021.

What is unit 228 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 228, Majestique Residence 1

Starts from the last sale price (AED 1.02M, 28 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,021,450
Deposit, UAE resident (20%)
AED 204,290
Deposit, non-resident (40%)
AED 408,580
Monthly over 25 years at 3.7%
AED 4,179

Plus AED 47,911 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →