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2-bed · 998 sqftMajestique Residence 1, Dubai South · 3rd floor · completed 2021

304, Majestique Residence 1

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

Unit 304 · DLD and Ejari recordsUpdated 21 November 2025
Last soldAED 975K31 October 2023
Current rentAED 79K /yr21 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Majestique Residence 1

What is 304 worth today?

Last sold for AED 975,000 in 2023

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21 Nov 2025RentedNew contract
AED 79,000/yr12 months · AED 79 per sqft
18 Oct 2024RentedNew contract
AED 80,000/yr12 months · AED 80 per sqft
31 Oct 2023Sold by developerReady
AED 975,000AED 976 per sqft
20 Jul 2023RentedNew contract
AED 58,000/yr12 months · AED 58 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 November 2025.

Key facts

Type
2-bed apartment
Size
998 sqft
Floor
3rd of 4
Parking
G-119
Developer
Credo Investments
Completed
2021
Service charge
AED 18,400 /yr
Last sold
AED 975K · October 2023
Building
Majestique Residence 1

About 304, Majestique Residence 1

304 is a two-bedroom apartment of 998 sqft on the 3rd floor of Majestique Residence 1, a 4-storey tower in Dubai South completed in 2021 by Credo Investments. The developer sold it on 31 October 2023 for AED 975,000, or AED 976 per sqft, 4% below the AED 1,017 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 21 November 2025, is AED 79,000 a year: a gross yield of 8.1% on the 2023 price, before the service charge of about AED 18,400 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, October 2023: AED 975,000 (AED 976 per sqft)

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

Rents
Unit 304, 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 58,000 a yearNew contract, October 2024: AED 80,000 a yearNew contract, November 2025: AED 79,000 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 304 sits

All 41 2-beds →

304 last sold in October 2023 at AED 976 per sqft, 4% below what two-beds in Majestique Residence 1 were fetching at the time (AED 1,017). 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. 304's AED 79,000 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 3rd floor

All 106 units in Majestique Residence 1
Value
301StudioAED 403K · Jan 2023
3022-bedAED 878K · Jul 2023
3032-bedAED 994K · Nov 2024
3052-bedAED 994K · Sep 2024
3062-bedAED 1.05M · Mar 2024
307StudioAED 480K · Sep 2021
3082-bedAED 1.02M · Feb 2023
1–7 of 29

304, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 31 October 2023 for AED 975,000, or AED 976 per sqft.
  • Rented since July 2023 on 3 Ejari contracts, from AED 58,000 to AED 79,000 a year.
  • At AED 79,000 a year the gross yield on the 2023 price is 8.1%, before a service charge of about AED 18,400 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 21 November 2025.

Questions about 304, Majestique Residence 1

What did unit 304 last sell for?

AED 975,000 on 31 October 2023, sold by the developer: AED 976 per sqft for 998 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 79,000 a year on the contract signed on 21 November 2025. The previous contract, from October 2024, was AED 80,000; the unit has been rented since July 2023.

How big is unit 304?

998 sqft (92.7 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2021.

What is unit 304 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 304, Majestique Residence 1

Starts from the last sale price (AED 975K, 31 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

Plus AED 45,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →