321, Majestique Residence 1
Sold prices and rental history: sold once, by the developer in August 2023, 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 321, Majestique Residence 1
What is 321 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 22 August 2023.
Key facts
- Type
- Studio apartment
- Size
- 399 sqft
- Floor
- 3rd of 4
- Parking
- G-80
- Developer
- Credo Investments
- Completed
- 2021
- Service charge
- AED 7,400 /yr
- Last sold
- AED 457K · August 2023
- Building
- Majestique Residence 1
About 321, Majestique Residence 1
321 is a studio of 399 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 22 August 2023 for AED 457,300, or AED 1,146 per sqft, in line with the AED 1,163 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 321 over time
321 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Majestique Residence 1, and where 321 sits
All 46 studios →321 last sold in August 2023 at AED 1,146 per sqft, in line with what studios in Majestique Residence 1 were fetching at the time (AED 1,163).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202520 October 2025 | 380 sqft | 485,000 | 1,276 | ||
| 28 Jul 202528 July 2025 | 498 sqft | 570,400 | 1,146 | ||
| 17 Apr 202517 April 2025 | 498 sqft | 500,000 | 1,005 | ||
| 20 Jan 202520 January 2025 | 396 sqft | 434,000 | 1,095 |
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 | ||
| 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 | ||
| 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 | ||
| 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 |
321, Majestique Residence 1 in numbers
- Sold once: by Credo Investments on 22 August 2023 for AED 457,300, or AED 1,146 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 22 August 2023.
Questions about 321, Majestique Residence 1
What did unit 321 last sell for?
AED 457,300 on 22 August 2023, sold by the developer: AED 1,146 per sqft for 399 sqft. It is the only registered sale of the unit.
How big is unit 321?
399 sqft (37.1 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2021.
What is unit 321 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 321? Put it on the OpenOffers board
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Mortgage on 321, Majestique Residence 1
Starts from the last sale price (AED 457K, 22 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 457,300
- Deposit, UAE resident (20%)
- AED 91,460
- Deposit, non-resident (40%)
- AED 182,920
- Monthly over 25 years at 3.7%
- AED 1,871
Plus AED 22,117 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →