2-bed · 1,095 sqftMajestique Residence 1, Dubai South · 3rd floor · completed 2021

309, Majestique Residence 1

Sold prices and rental history: sold twice, last in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 11 September 2024

Last soldAED 1.1M11 September 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 309, Majestique Residence 1

Today

What is 309 worth today?

Last sold for AED 1,100,000 in 2024

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11 Sep 2024

11 Sep 2024SoldReady

AED 1,100,000AED 1,004 per sqft

2 May 2024

2 May 2024Sold by developerReady

AED 1,177,000AED 1,074 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 September 2024.

Key facts

Type: 2-bed apartment
Size: 1,095 sqft
Floor: 3rd of 4
Parking: G-68
Developer: Credo Investments
Completed: 2021
Service charge: AED 20,200 /yr
Last sold: AED 1.1M · September 2024
Building: Majestique Residence 1

About 309, Majestique Residence 1

309 is a two-bedroom apartment of 1,095 sqft on the 3rd floor of Majestique Residence 1, a 4-storey tower in Dubai South completed in 2021 by Credo Investments. It last sold on 11 September 2024 for AED 1,100,000, or AED 1,004 per sqft, 5% below the AED 1,055 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 309 over time

Sales

Unit 309, each saleTypical two-bed in Majestique Residence 1

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

Rents

Unit 309, each contractTypical two-bed in Majestique Residence 1

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 309 sits

All 41 2-beds →

2-beds in Majestique Residence 1 · last 12 months1,157 /sqft Majestique Residence 1 · all types1,157 /sqft

309 last sold in September 2024 at AED 1,004 per sqft, 5% 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.

Recent 2-bed sales	Size	Price (AED)	Per sqft
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

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


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
306	2-bed	991 sqft	AED 1.05MAED 1,045,888 · Mar 2024March 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
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

1–7 of 29

309, Majestique Residence 1 in numbers

Sold twice: first on 2 May 2024 for AED 1,177,000, last on 11 September 2024 for AED 1,100,000 (AED 1,004 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 11 September 2024.

Questions about 309, Majestique Residence 1

What did unit 309 last sell for?

AED 1,100,000 on 11 September 2024: AED 1,004 per sqft for 1,095 sqft. The unit has 2 registered sales; the first was AED 1,177,000 in May 2024.

How big is unit 309?

1,095 sqft (101.7 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2021.

What is unit 309 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 309, Majestique Residence 1

Starts from the last sale price (AED 1.1M, 11 September 2024). Switch to today's estimate once you have unlocked it.

Price: AED 1,100,000
Deposit, UAE resident (20%): AED 220,000
Deposit, non-resident (40%): AED 440,000
Monthly over 25 years at 3.7%: AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →