Studio · 396 sqftMajestique Residence 1, Dubai South · 1st floor · completed 2021

115, Majestique Residence 1

Sold prices and rental history: sold once, by the developer in September 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 427K1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Majestique Residence 1

What is 115 worth today?

Last sold for AED 427,120 in 2026

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1 Sep 2026Sold by developerReady
AED 427,120AED 1,078 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
396 sqft
Floor
1st of 4
Parking
G-54
Developer
Credo Investments
Completed
2021
Service charge
AED 7,300 /yr
Last sold
AED 427K · September 2026

About 115, Majestique Residence 1

115 is a studio of 396 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 1 September 2026 for AED 427,120, or AED 1,078 per sqft, 14% below the AED 1,253 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical studio in Majestique Residence 1
450K500K202320252027Typical sale price by year: 2023 AED 461,000; 2024 AED 487,500; 2025 AED 490,000; 2026 AED 500,000Sold by developer, September 2026: AED 427,120 (AED 1,078 per sqft)

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

Rents
Unit 115, 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 40,500; 2026 AED 40,000

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 115 sits

All 48 studios →

115 last sold in September 2026 at AED 1,078 per sqft, 14% below what studios in Majestique Residence 1 were fetching at the time (AED 1,253). Over the last 12 months studios sold for AED 427,120 to 565,000, around AED 1,253 per sqft, and rent for AED 27,600 to 53,826 a year.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 2026500,000
18 Aug 2026434,625
28 Jul 2026500,000
13 Mar 2026565,000
5 studio 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
1032-bedAED 1.1M · Jan 2026
1042-bedAED 948K · Oct 2022
1052-bedAED 1.23M · Jul 2025
1062-bedAED 1.14M · Jul 2025
107StudioAED 483K · Aug 2024
1–7 of 28

115, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 1 September 2026 for AED 427,120, or AED 1,078 per sqft.
  • Studios in Majestique Residence 1 sold for AED 427,120–565,000 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 1 September 2026.

Questions about 115, Majestique Residence 1

What did unit 115 last sell for?

AED 427,120 on 1 September 2026, sold by the developer: AED 1,078 per sqft for 396 sqft. It is the only registered sale of the unit.

How big is unit 115?

396 sqft (36.8 sqm): a studio on the 1st floor of a 4-storey tower completed in 2021.

What is unit 115 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Majestique Residence 1 sold for AED 427,120 to 565,000 in the last 12 months, around AED 1,253 per sqft.

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Mortgage on 115, Majestique Residence 1

Starts from the last sale price (AED 427K, 1 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 427,120
Deposit, UAE resident (20%)
AED 85,424
Deposit, non-resident (40%)
AED 170,848
Monthly over 25 years at 3.7%
AED 1,747

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