Studio · 376 sqftMajestique Residence 1, Dubai South · 4th floor · completed 2021

401, Majestique Residence 1

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

Unit 401 · DLD and Ejari recordsUpdated 21 August 2024
Last soldAED 472K21 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Majestique Residence 1

What is 401 worth today?

Last sold for AED 471,853 in 2024

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21 Aug 2024Sold by developerReady
AED 471,853AED 1,255 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 August 2024.

Key facts

Type
Studio apartment
Size
376 sqft
Floor
4th of 4
Parking
G-13
Developer
Credo Investments
Completed
2021
Service charge
AED 6,900 /yr
Last sold
AED 472K · August 2024

About 401, Majestique Residence 1

401 is a studio of 376 sqft on the 4th floor of Majestique Residence 1, a 4-storey tower in Dubai South completed in 2021 by Credo Investments. The developer sold it on 21 August 2024 for AED 471,853, or AED 1,255 per sqft, in line with the AED 1,231 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical studio in Majestique Residence 1
460K480K2023202420252026Typical sale price by year: 2023 AED 461,000; 2024 AED 487,500; 2025 AED 490,000Sold by developer, August 2024: AED 471,853 (AED 1,255 per sqft)

401 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 401, each contractTypical studio in Majestique Residence 1
30K35K40K202220242026Typical rent by year: 2022 AED 33,500; 2023 AED 31,000; 2024 AED 39,251; 2025 AED 40,000; 2026 AED 35,786

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 401 sits

All 46 studios →

401 last sold in August 2024 at AED 1,255 per sqft, in line with what studios in Majestique Residence 1 were fetching at the time (AED 1,231).

Recent studio salesUnit no.Price (AED)Summary
20 Oct 2025485,000
28 Jul 2025570,400
17 Apr 2025500,000
20 Jan 2025434,000
0 studio 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 4th floor

All 106 units in Majestique Residence 1
Value
402AED 1.04M · Aug 2025
4032-bedAED 988K · Sep 2024
4042-bedAED 1.06M · May 2024
4052-bedAED 960K · Jul 2023
4062-bedAED 1.04M · Nov 2024
407StudioAED 459K · May 2024
4082-bedAED 1.05M · May 2024
1–7 of 29

401, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 21 August 2024 for AED 471,853, or AED 1,255 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 21 August 2024.

Questions about 401, Majestique Residence 1

What did unit 401 last sell for?

AED 471,853 on 21 August 2024, sold by the developer: AED 1,255 per sqft for 376 sqft. It is the only registered sale of the unit.

How big is unit 401?

376 sqft (34.9 sqm): a studio on the 4th floor of a 4-storey tower completed in 2021.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 401, Majestique Residence 1

Starts from the last sale price (AED 472K, 21 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 471,853
Deposit, UAE resident (20%)
AED 94,371
Deposit, non-resident (40%)
AED 188,741
Monthly over 25 years at 3.7%
AED 1,930

Plus AED 22,728 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →