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2-bed · 935 sqftMajestique Residence 1, Dubai South · 3rd floor · completed 2021

314, Majestique Residence 1

Sold prices and rental history: sold once, by the developer in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 314 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 976K6 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, Majestique Residence 1

What is 314 worth today?

Last sold for AED 975,810 in 2024

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6 Nov 2024Sold by developerReady
AED 975,810AED 1,044 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 November 2024.

Key facts

Type
2-bed apartment
Size
935 sqft
Floor
3rd of 4
Parking
G-73
Developer
Credo Investments
Completed
2021
Service charge
AED 17,200 /yr
Last sold
AED 976K · November 2024
Building
Majestique Residence 1

About 314, Majestique Residence 1

314 is a two-bedroom apartment of 935 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 6 November 2024 for AED 975,810, or AED 1,044 per sqft, in line with the AED 1,064 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 314 over time

Sales
Unit 314, 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, November 2024: AED 975,810 (AED 1,044 per sqft)

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

Rents
Unit 314, 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 80,000

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 314 sits

All 41 2-beds →

314 last sold in November 2024 at AED 1,044 per sqft, in line with what two-beds in Majestique Residence 1 were fetching at the time (AED 1,064). 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 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
3042-bedAED 975K · Oct 2023
3052-bedAED 994K · Sep 2024
3062-bedAED 1.05M · Mar 2024
307StudioAED 480K · Sep 2021
1–7 of 29

314, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 6 November 2024 for AED 975,810, or AED 1,044 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 6 November 2024.

Questions about 314, Majestique Residence 1

What did unit 314 last sell for?

AED 975,810 on 6 November 2024, sold by the developer: AED 1,044 per sqft for 935 sqft. It is the only registered sale of the unit.

How big is unit 314?

935 sqft (86.9 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2021.

What is unit 314 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 314, Majestique Residence 1

Starts from the last sale price (AED 976K, 6 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 975,810
Deposit, UAE resident (20%)
AED 195,162
Deposit, non-resident (40%)
AED 390,324
Monthly over 25 years at 3.7%
AED 3,992

Plus AED 45,994 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →