Home
Dubai prices
About
Research
2-bed · 997 sqftMajestique Residence 1, Dubai South · 4th floor · completed 2021

404, Majestique Residence 1

Sold prices and rental history: sold once, by the developer in May 2024, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 14 June 2025
Last soldAED 1.06M1 May 2024
Current rentAED 77K /yr14 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Majestique Residence 1

What is 404 worth today?

Last sold for AED 1,062,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Jun 2025RentedRenewal
AED 77,000/yr12 months · AED 77 per sqft
1 May 2024Sold by developerReady
AED 1,062,000AED 1,064 per sqft

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

Key facts

Type
2-bed apartment
Size
997 sqft
Floor
4th of 4
Parking
G-07
Developer
Credo Investments
Completed
2021
Service charge
AED 18,400 /yr
Last sold
AED 1.06M · May 2024
Building
Majestique Residence 1

About 404, Majestique Residence 1

404 is a two-bedroom apartment of 997 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 1 May 2024 for AED 1,062,000, or AED 1,064 per sqft, 4% above the AED 1,023 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 June 2025. The current contract, renewed on 14 June 2025, is AED 77,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 18,400 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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 1,062,000 (AED 1,064 per sqft)

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

Rents
Unit 404, 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 80,000Renewal, June 2025: AED 77,000 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 404 sits

All 41 2-beds →

404 last sold in May 2024 at AED 1,064 per sqft, 4% above what two-beds in Majestique Residence 1 were fetching at the time (AED 1,023). 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. 404's AED 77,000 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 4th floor

All 106 units in Majestique Residence 1
Value
401StudioAED 472K · Aug 2024
402AED 1.04M · Aug 2025
4032-bedAED 988K · Sep 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

404, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 1 May 2024 for AED 1,062,000, or AED 1,064 per sqft.
  • Rented since June 2025 on one Ejari contract, at AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 18,400 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 404, Majestique Residence 1

What did unit 404 last sell for?

AED 1,062,000 on 1 May 2024, sold by the developer: AED 1,064 per sqft for 997 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 77,000 a year on the contract renewed on 14 June 2025.

How big is unit 404?

997 sqft (92.6 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2021.

What is unit 404 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.

Selling 404? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 404, Majestique Residence 1

Starts from the last sale price (AED 1.06M, 1 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,062,000
Deposit, UAE resident (20%)
AED 212,400
Deposit, non-resident (40%)
AED 424,800
Monthly over 25 years at 3.7%
AED 4,345

Plus AED 49,614 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →