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2-bed · 922 sqftMajestique Residence 1, Dubai South · 1st floor · completed 2021

103, Majestique Residence 1

Sold prices and rental history: sold once, by the developer in January 2026, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 1.1M15 January 2026
Current rentAED 48K /yr27 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 103, Majestique Residence 1

What is 103 worth today?

Last sold for AED 1,100,000 in 2026

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15 Jan 2026Sold by developerReady
AED 1,100,000AED 1,192 per sqft
27 Oct 2022RentedNew contract
AED 48,380/yr24 months · AED 52 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type
2-bed apartment
Size
922 sqft
Floor
1st of 4
Parking
G-113 0
Developer
Credo Investments
Completed
2021
Service charge
AED 17,000 /yr
Last sold
AED 1.1M · January 2026
Building
Majestique Residence 1

About 103, Majestique Residence 1

103 is a two-bedroom apartment of 922 sqft on the 1st floor of Majestique Residence 1, a 4-storey tower in Dubai South completed in 2021 by Credo Investments. The developer sold it on 15 January 2026 for AED 1,100,000, or AED 1,192 per sqft, in line with the AED 1,188 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 October 2022. The current contract, signed on 27 October 2022, is AED 48,380 a year: a gross yield of 4.4% on the 2026 price, before the service charge of about AED 17,000 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Majestique Residence 1
1M1.05M1.1M20232024202520262027Typical sale price by year: 2023 AED 1,010,000; 2024 AED 1,014,301; 2025 AED 1,069,650; 2026 AED 1,112,791Sold by developer, January 2026: AED 1,100,000 (AED 1,192 per sqft)

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

Rents
Unit 103, each contractTypical two-bed in Majestique Residence 1
60K80K202220242026Typical rent by year: 2022 AED 48,380; 2023 AED 57,750; 2024 AED 73,349; 2025 AED 80,000; 2026 AED 75,000New contract, October 2022: AED 48,380 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 103 sits

All 61 2-beds →

103 last sold in January 2026 at AED 1,192 per sqft, in line with what two-beds in Majestique Residence 1 were fetching at the time (AED 1,188). Over the last 12 months two-beds sold for AED 956,840 to 1,298,000, around AED 1,200 per sqft, and rent for AED 68,000 to 240,000 a year. 103's AED 48,380 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Sep 20261,101,581
18 Aug 2026956,840
22 May 20261,150,000
23 Feb 20261,298,000
19 2-bed sales in the last 12 months

Majestique Residence 1

Building

121 apartments, studios to 2-bed over 4 floors in Dubai South, completed in 2021 by Credo Investments. 24 sold in the last 12 months.

Typical price per sqft
AED 1,205 Up 6.5%
Typical sale
AED 1.09M
Typical rent
AED 68K /yr
Typical yield
7.2%
Majestique Residence 1, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 121 units in Majestique Residence 1
Value
101StudioAED 490K · Jan 2025
1022-bedAED 1.07M · Apr 2025
1042-bedAED 948K · Oct 2022
1052-bedAED 1.23M · Jul 2025
1062-bedAED 1.14M · Jul 2025
107StudioAED 483K · Aug 2024
1082-bedAED 1.02M · Nov 2023
1–7 of 28

103, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 15 January 2026 for AED 1,100,000, or AED 1,192 per sqft.
  • Rented since October 2022 on one Ejari contract, at AED 48,380 a year.
  • At AED 48,380 a year the gross yield on the 2026 price is 4.4%, before a service charge of about AED 17,000 a year (AED 18.45 per sqft).
  • Two-beds in Majestique Residence 1 sold for AED 956,840–1,298,000 in the 12 months to November 2026; the building's median across all types is AED 1,205 per sqft.

Source: Dubai Land Department. Updated 15 January 2026.

Questions about 103, Majestique Residence 1

What did unit 103 last sell for?

AED 1,100,000 on 15 January 2026, sold by the developer: AED 1,192 per sqft for 922 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 48,380 a year on the contract signed on 27 October 2022.

How big is unit 103?

922 sqft (85.7 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2021.

What is unit 103 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 956,840 to 1,298,000 in the last 12 months, around AED 1,200 per sqft.

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Mortgage on 103, Majestique Residence 1

Starts from the last sale price (AED 1.1M, 15 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →