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2-bed · 923 sqftMajestique Residence 1, Dubai South · 2nd floor · completed 2021

203, Majestique Residence 1

Sold prices and rental history: sold once, by the developer in January 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 3 June 2026
Last soldAED 987K30 January 2025
Current rentAED 75K /yr3 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Majestique Residence 1

What is 203 worth today?

Last sold for AED 987,000 in 2025

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3 Jun 2026RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft
27 Feb 2025RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft
30 Jan 2025Sold by developerReady
AED 987,000AED 1,069 per sqft
27 Oct 2022RentedNew contract
AED 48,380/yr24 months · AED 52 per sqft

Source: Dubai Land Department. Updated 3 June 2026.

Key facts

Type
2-bed apartment
Size
923 sqft
Floor
2nd of 4
Parking
G-57 0
Developer
Credo Investments
Completed
2021
Service charge
AED 17,000 /yr
Last sold
AED 987K · January 2025
Building
Majestique Residence 1

About 203, Majestique Residence 1

203 is a two-bedroom apartment of 923 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 30 January 2025 for AED 987,000, or AED 1,069 per sqft, in line with the AED 1,065 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 3 June 2026, is AED 75,000 a year: a gross yield of 7.6% on the 2025 price, before the service charge of about AED 17,000 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Majestique Residence 1
1M1.1M20232024202520262027Typical 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 2025: AED 987,000 (AED 1,069 per sqft)

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

Rents
Unit 203, 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 yearNew contract, February 2025: AED 75,000 a yearNew contract, June 2026: AED 75,000 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 203 sits

All 61 2-beds →

203 last sold in January 2025 at AED 1,069 per sqft, in line with what two-beds in Majestique Residence 1 were fetching at the time (AED 1,065). 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. 203's AED 75,000 is in the lower half 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 2nd floor

All 121 units in Majestique Residence 1
Value
201StudioAED 485K · Oct 2024
2022-bedAED 1.07M · Nov 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

203, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 30 January 2025 for AED 987,000, or AED 1,069 per sqft.
  • Rented since October 2022 on 3 Ejari contracts, from AED 48,380 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2025 price is 7.6%, 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 3 June 2026.

Questions about 203, Majestique Residence 1

What did unit 203 last sell for?

AED 987,000 on 30 January 2025, sold by the developer: AED 1,069 per sqft for 923 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 75,000 a year on the contract signed on 3 June 2026. The previous contract, from February 2025, was AED 75,000; the unit has been rented since October 2022.

How big is unit 203?

923 sqft (85.7 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2021.

What is unit 203 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 203, Majestique Residence 1

Starts from the last sale price (AED 987K, 30 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 987,000
Deposit, UAE resident (20%)
AED 197,400
Deposit, non-resident (40%)
AED 394,800
Monthly over 25 years at 3.7%
AED 4,038

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