306, Majestique Residence 1
Sold prices and rental history: sold once, by the developer in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Majestique Residence 1
What is 306 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 28 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 991 sqft
- Floor
- 3rd of 4
- Parking
- G-121
- Developer
- Credo Investments
- Completed
- 2021
- Service charge
- AED 18,300 /yr
- Last sold
- AED 1.05M · March 2024
- Building
- Majestique Residence 1
About 306, Majestique Residence 1
306 is a two-bedroom apartment of 991 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 28 March 2024 for AED 1,045,888, or AED 1,055 per sqft, 3% above the AED 1,020 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 306 over time
306 has sold once; the dashed line is the two-bed median of each year in the building.
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 306 sits
All 41 2-beds →306 last sold in March 2024 at AED 1,055 per sqft, 3% above what two-beds in Majestique Residence 1 were fetching at the time (AED 1,020). 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.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 936 sqft | 1,100,520 | 1,175 | ||
| 23 Dec 202523 December 2025 | 1,095 sqft | 1,070,000 | 977 | ||
| 15 Oct 202515 October 2025 | 942 sqft | 1,050,000 | 1,114 | ||
| 28 Jul 202528 July 2025 | 990 sqft | 1,238,738 | 1,251 |
Majestique Residence 1
Building106 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%
Other units on the 3rd floor
All 106 units in Majestique Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | Studio | 376 sqft | AED 403KAED 402,800 · Jan 2023January 2023 | 31,500 /yr | |
| 302 | 2-bed | 883 sqft | AED 878KAED 877,800 · Jul 2023July 2023 | 72,000 /yr | |
| 303 | 2-bed | 923 sqft | AED 994KAED 993,570 · Nov 2024November 2024 | 85,000 /yr | |
| 304 | 2-bed | 998 sqft | AED 975KAED 975,000 · Oct 2023October 2023 | 79,000 /yr | |
| 305 | 2-bed | 934 sqft | AED 994KAED 994,025 · Sep 2024September 2024 | ||
| 307 | Studio | 378 sqft | AED 480KAED 479,999 · Sep 2021September 2021 | ||
| 308 | 2-bed | 989 sqft | AED 1.02MAED 1,024,048 · Feb 2023February 2023 | ||
| 309 | 2-bed | 1,095 sqft | AED 1.1MAED 1,100,000 · Sep 2024September 2024 | ||
| 310 | 1-bed | 688 sqft | AED 738KAED 737,500 · Dec 2023December 2023 | ||
| 311 | 1-bed | 788 sqft | AED 910KAED 910,000 · Mar 2023March 2023 | ||
| 312 | 2-bed | 928 sqft | AED 998KAED 998,386 · Oct 2024October 2024 | ||
| 313 | Studio | 395 sqft | AED 470KAED 469,999 · Jul 2020July 2020 | 40,000 /yr | |
| 314 | 2-bed | 935 sqft | AED 976KAED 975,810 · Nov 2024November 2024 | ||
| 315 | Studio | 396 sqft | AED 465KAED 465,000 · May 2023May 2023 | 33,000 /yr | |
| 316 | Studio | 396 sqft | AED 498KAED 498,066 · Jul 2023July 2023 | ||
| 317 | Studio | 396 sqft | AED 465KAED 465,000 · May 2023May 2023 | 42,000 /yr | |
| 318 | Studio | 396 sqft | AED 461KAED 461,000 · Jun 2023June 2023 | 25,000 /yr | |
| 319 | 2-bed | 939 sqft | AED 1.01MAED 1,010,381 · Oct 2024October 2024 | ||
| 320 | Studio | 396 sqft | AED 464KAED 463,798 · Aug 2023August 2023 | ||
| 321 | Studio | 399 sqft | AED 457KAED 457,300 · Aug 2023August 2023 | ||
| 322 | Studio | 498 sqft | AED 588KAED 588,154 · Dec 2023December 2023 | ||
| 323 | 1-bed | 710 sqft | AED 760KAED 760,000 · Jan 2023January 2023 | 50,000 /yr | |
| 324 | 2-bed | 990 sqft | AED 1.02MAED 1,018,220 · May 2024May 2024 | 80,000 /yr | |
| 325 | Studio | 378 sqft | AED 450KAED 450,000 · Apr 2023April 2023 | 40,000 /yr | |
| 326 | 2-bed | 991 sqft | AED 1.02MAED 1,019,200 · May 2024May 2024 | 75,000 /yr | |
| 327 | Studio | 380 sqft | AED 429KAED 428,622 · Mar 2023March 2023 | 39,000 /yr | |
| 329 | 2-bed | 934 sqft | AED 976KAED 975,888 · Mar 2024March 2024 | ||
| 330 | 2-bed | 995 sqft | AED 1.01MAED 1,010,000 · Aug 2023August 2023 | 240,000 /yr | |
| 331 | 2-bed | 923 sqft | AED 994KAED 993,570 · Nov 2024November 2024 |
306, Majestique Residence 1 in numbers
- Sold once: by Credo Investments on 28 March 2024 for AED 1,045,888, or AED 1,055 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 28 March 2024.
Questions about 306, Majestique Residence 1
What did unit 306 last sell for?
AED 1,045,888 on 28 March 2024, sold by the developer: AED 1,055 per sqft for 991 sqft. It is the only registered sale of the unit.
How big is unit 306?
991 sqft (92.1 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2021.
What is unit 306 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.
Selling 306? Put it on the OpenOffers board
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Mortgage on 306, Majestique Residence 1
Starts from the last sale price (AED 1.05M, 28 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,045,888
- Deposit, UAE resident (20%)
- AED 209,178
- Deposit, non-resident (40%)
- AED 418,355
- Monthly over 25 years at 3.7%
- AED 4,279
Plus AED 48,938 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →