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Studio · 376 sqftMajestique Residence 1, Dubai South · 2nd floor · completed 2021

201, Majestique Residence 1

Sold prices and rental history: sold once, by the developer in October 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 485K10 October 2024
Current rentAED 48K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 201, Majestique Residence 1

What is 201 worth today?

Last sold for AED 485,000 in 2024

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1 Oct 2025RentedNew contract
AED 48,000/yr12 months · AED 128 per sqft
29 Nov 2024RentedNew contract
AED 48,000/yr12 months · AED 128 per sqft
10 Oct 2024Sold by developerReady
AED 485,000AED 1,290 per sqft
27 Oct 2022RentedNew contract
AED 48,380/yr24 months · AED 128 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
Studio apartment
Size
376 sqft
Floor
2nd of 4
Parking
G-55 0
Developer
Credo Investments
Completed
2021
Service charge
AED 6,900 /yr
Last sold
AED 485K · October 2024
Building
Majestique Residence 1

About 201, Majestique Residence 1

201 is a studio of 376 sqft on the 2nd floor of Majestique Residence 1, a 4-storey tower in Dubai South completed in 2021 by Credo Investments. The developer sold it on 10 October 2024 for AED 485,000, or AED 1,290 per sqft, 3% above the AED 1,247 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 October 2025, is AED 48,000 a year: a gross yield of 9.9% on the 2024 price, before the service charge of about AED 6,900 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical studio in Majestique Residence 1
460K480K500K20232024202520262027Typical sale price by year: 2023 AED 461,000; 2024 AED 487,500; 2025 AED 490,000; 2026 AED 500,000Sold by developer, October 2024: AED 485,000 (AED 1,290 per sqft)

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

Rents
Unit 201, each contractTypical studio in Majestique Residence 1
30K40K50K202220242026Typical rent by year: 2022 AED 33,500; 2023 AED 31,000; 2024 AED 39,251; 2025 AED 40,500; 2026 AED 40,000New contract, October 2022: AED 48,380 a yearNew contract, November 2024: AED 48,000 a yearNew contract, October 2025: AED 48,000 a year

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 201 sits

All 48 studios →

201 last sold in October 2024 at AED 1,290 per sqft, 3% above what studios in Majestique Residence 1 were fetching at the time (AED 1,247). 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. 201's AED 48,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 2026500,000
1 Sep 2026427,120
18 Aug 2026434,625
28 Jul 2026500,000
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 2nd floor

All 121 units in Majestique Residence 1
Value
2022-bedAED 1.07M · Nov 2025
2032-bedAED 987K · Jan 2025
2042-bedAED 1.3M · Feb 2026
2052-bedAED 1.05M · Oct 2025
2062-bedAED 970K · Oct 2024
207StudioAED 441K · Oct 2022
2082-bedAED 1.1M · Sep 2026
1–7 of 29

201, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 10 October 2024 for AED 485,000, or AED 1,290 per sqft.
  • Rented since October 2022 on 3 Ejari contracts, from AED 48,380 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2024 price is 9.9%, before a service charge of about AED 6,900 a year (AED 18.45 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 October 2025.

Questions about 201, Majestique Residence 1

What did unit 201 last sell for?

AED 485,000 on 10 October 2024, sold by the developer: AED 1,290 per sqft for 376 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 48,000 a year on the contract signed on 1 October 2025. The previous contract, from November 2024, was AED 48,000; the unit has been rented since October 2022.

How big is unit 201?

376 sqft (34.9 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2021.

What is unit 201 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 201, Majestique Residence 1

Starts from the last sale price (AED 485K, 10 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 485,000
Deposit, UAE resident (20%)
AED 97,000
Deposit, non-resident (40%)
AED 194,000
Monthly over 25 years at 3.7%
AED 1,984

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