2-bed · 991 sqftMajestique Residence 1, Dubai South · 3rd floor · completed 2021

326, Majestique Residence 1

Sold prices and rental history: sold once, by the developer in May 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 326 · DLD and Ejari recordsUpdated 14 June 2025
Last soldAED 1.02M10 May 2024
Current rentAED 75K /yr14 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 326, Majestique Residence 1

What is 326 worth today?

Last sold for AED 1,019,200 in 2024

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14 Jun 2025RentedRenewal
AED 75,000/yr12 months · AED 76 per sqft
14 Jun 2024RentedNew contract
AED 75,000/yr12 months · AED 76 per sqft
10 May 2024Sold by developerReady
AED 1,019,200AED 1,028 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 June 2025.

Key facts

Type
2-bed apartment
Size
991 sqft
Floor
3rd of 4
Parking
G-96
Developer
Credo Investments
Completed
2021
Service charge
AED 18,300 /yr
Last sold
AED 1.02M · May 2024

About 326, Majestique Residence 1

326 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 10 May 2024 for AED 1,019,200, or AED 1,028 per sqft, in line with the AED 1,028 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 14 June 2025, is AED 75,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 18,300 a year.

Sales and rents for 326 over time

Sales
Unit 326, 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, May 2024: AED 1,019,200 (AED 1,028 per sqft)

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

Rents
Unit 326, 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 80,000New contract, June 2024: AED 75,000 a yearRenewal, June 2025: AED 75,000 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 326 sits

All 41 2-beds →

326 last sold in May 2024 at AED 1,028 per sqft, in line with what two-beds in Majestique Residence 1 were fetching at the time (AED 1,028). 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. 326's AED 75,000 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
3042-bedAED 975K · Oct 2023
3052-bedAED 994K · Sep 2024
3062-bedAED 1.05M · Mar 2024
307StudioAED 480K · Sep 2021
1–7 of 29

326, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 10 May 2024 for AED 1,019,200, or AED 1,028 per sqft.
  • Rented since June 2024 on 2 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 18,300 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 14 June 2025.

Questions about 326, Majestique Residence 1

What did unit 326 last sell for?

AED 1,019,200 on 10 May 2024, sold by the developer: AED 1,028 per sqft for 991 sqft. It is the only registered sale of the unit.

What is the rent for unit 326?

AED 75,000 a year on the contract renewed on 14 June 2025. The previous contract, from June 2024, was AED 75,000.

How big is unit 326?

991 sqft (92.1 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2021.

What is unit 326 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 326, Majestique Residence 1

Starts from the last sale price (AED 1.02M, 10 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,019,200
Deposit, UAE resident (20%)
AED 203,840
Deposit, non-resident (40%)
AED 407,680
Monthly over 25 years at 3.7%
AED 4,170

Plus AED 47,816 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →