427, 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.
Property timeline for 427, Majestique Residence 1
What is 427 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 380 sqft
- Floor
- 4th of 4
- Parking
- G-90 0
- Developer
- Credo Investments
- Completed
- 2021
- Service charge
- AED 7,000 /yr
- Last sold
- AED 480K · November 2024
- Building
- Majestique Residence 1
About 427, Majestique Residence 1
427 is a studio of 380 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 25 November 2024 for AED 480,000, or AED 1,263 per sqft, in line with the AED 1,249 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 427 over time
427 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 427 sits
All 46 studios →427 last sold in November 2024 at AED 1,263 per sqft, in line with what studios in Majestique Residence 1 were fetching at the time (AED 1,249).
| 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 4th floor
All 106 units in Majestique Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 376 sqft | AED 472KAED 471,853 · Aug 2024August 2024 | ||
| 402 | 883 sqft | AED 1.04MAED 1,037,500 · Aug 2025August 2025 | |||
| 403 | 2-bed | 923 sqft | AED 988KAED 988,296 · Sep 2024September 2024 | 80,000 /yr | |
| 404 | 2-bed | 997 sqft | AED 1.06MAED 1,062,000 · May 2024May 2024 | 77,000 /yr | |
| 405 | 2-bed | 940 sqft | AED 960KAED 960,000 · Jul 2023July 2023 | 80,000 /yr | |
| 406 | 2-bed | 934 sqft | AED 1.04MAED 1,043,450 · Nov 2024November 2024 | 85,000 /yr | |
| 407 | Studio | 378 sqft | AED 459KAED 459,000 · May 2024May 2024 | 40,000 /yr | |
| 408 | 2-bed | 989 sqft | AED 1.05MAED 1,053,000 · May 2024May 2024 | 78,000 /yr | |
| 409 | 2-bed | 1,095 sqft | AED 1.07MAED 1,070,000 · Dec 2025December 2025 | ||
| 410 | 1-bed | 686 sqft | AED 753KAED 753,000 · Oct 2024October 2024 | 65,000 /yr | |
| 411 | 1-bed | 787 sqft | AED 891KAED 890,820 · Jul 2025July 2025 | 55,714 /yr | |
| 412 | 2-bed | 928 sqft | AED 1.06MAED 1,061,000 · May 2025May 2025 | ||
| 413 | Studio | 396 sqft | AED 508KAED 508,217 · Sep 2024September 2024 | 41,000 /yr | |
| 414 | 2-bed | 935 sqft | AED 1.02MAED 1,015,000 · Jan 2025January 2025 | ||
| 415 | Studio | 396 sqft | AED 495KAED 495,000 · Jul 2024July 2024 | 42,000 /yr | |
| 416 | Studio | 396 sqft | AED 493KAED 492,940 · Sep 2024September 2024 | ||
| 417 | Studio | 396 sqft | AED 495KAED 495,000 · Jul 2024July 2024 | 40,000 /yr | |
| 418 | Studio | 396 sqft | AED 495KAED 495,000 · Jun 2024June 2024 | 60,000 /yr | |
| 419 | 2-bed | 939 sqft | AED 1.11MAED 1,108,444 · Apr 2025April 2025 | ||
| 420 | Studio | 396 sqft | AED 502KAED 502,000 · Aug 2024August 2024 | 44,000 /yr | |
| 421 | Studio | 399 sqft | AED 515KAED 515,000 · Oct 2024October 2024 | 45,000 /yr | |
| 422 | Studio | 498 sqft | AED 613KAED 612,719 · Jul 2024July 2024 | ||
| 423 | 1-bed | 710 sqft | AED 791KAED 790,575 · Aug 2023August 2023 | ||
| 424 | 2-bed | 990 sqft | AED 1.04MAED 1,037,000 · Jun 2024June 2024 | ||
| 425 | Studio | 378 sqft | AED 477KAED 477,076 · Aug 2024August 2024 | 38,000 /yr | |
| 426 | 2-bed | 934 sqft | AED 1.03MAED 1,030,303 · Sep 2024September 2024 | 70,000 /yr | |
| 429 | 2-bed | 939 sqft | AED 984KAED 984,000 · Jun 2024June 2024 | ||
| 430 | 2-bed | 1,004 sqft | AED 1.02MAED 1,023,000 · Aug 2023August 2023 | 120,000 /yr | |
| 431 | 2-bed | 923 sqft | AED 998KAED 998,279 · Sep 2024September 2024 | 84,000 /yr |
427, Majestique Residence 1 in numbers
- Sold once: by Credo Investments on 25 November 2024 for AED 480,000, or AED 1,263 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 25 November 2024.
Questions about 427, Majestique Residence 1
What did unit 427 last sell for?
AED 480,000 on 25 November 2024, sold by the developer: AED 1,263 per sqft for 380 sqft. It is the only registered sale of the unit.
How big is unit 427?
380 sqft (35.3 sqm): a studio on the 4th floor of a 4-storey tower completed in 2021.
What is unit 427 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 427, Majestique Residence 1
Starts from the last sale price (AED 480K, 25 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus AED 23,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →