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2-bed · 884 sqftMajestique Residence 1, Dubai South · 2nd floor · completed 2021

228, Majestique Residence 1

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

Unit 228 · DLD and Ejari recordsUpdated 28 August 2025
Last soldAED 1.02M28 August 2025
Current rentAED 48K /yr27 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 228, Majestique Residence 1

What is 228 worth today?

Last sold for AED 1,021,450 in 2025

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28 Aug 2025Sold by developerReady
AED 1,021,450AED 1,155 per sqft
27 Oct 2022RentedNew contract
AED 48,380/yr24 months · AED 55 per sqft

Source: Dubai Land Department. Updated 28 August 2025.

Key facts

Type
2-bed apartment
Size
884 sqft
Floor
2nd of 4
Parking
G-43 0
Developer
Credo Investments
Completed
2021
Service charge
AED 16,300 /yr
Last sold
AED 1.02M · August 2025
Building
Majestique Residence 1

About 228, Majestique Residence 1

228 is a two-bedroom apartment of 884 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 28 August 2025 for AED 1,021,450, or AED 1,155 per sqft, 7% above the AED 1,079 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 4.7% on the 2025 price, before the service charge of about AED 16,300 a year.

Sales and rents for 228 over time

Sales
Unit 228, 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, August 2025: AED 1,021,450 (AED 1,155 per sqft)

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

Rents
Unit 228, 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 228 sits

All 61 2-beds →

228 last sold in August 2025 at AED 1,155 per sqft, 7% above what two-beds in Majestique Residence 1 were fetching at the time (AED 1,079). 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. 228'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 2nd floor

All 121 units in Majestique Residence 1
Value
201StudioAED 485K · Oct 2024
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
1–7 of 29

228, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 28 August 2025 for AED 1,021,450, or AED 1,155 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 2025 price is 4.7%, before a service charge of about AED 16,300 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 28 August 2025.

Questions about 228, Majestique Residence 1

What did unit 228 last sell for?

AED 1,021,450 on 28 August 2025, sold by the developer: AED 1,155 per sqft for 884 sqft. It is the only registered sale of the unit.

What is the rent for unit 228?

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

How big is unit 228?

884 sqft (82.1 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2021.

What is unit 228 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 228, Majestique Residence 1

Starts from the last sale price (AED 1.02M, 28 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,021,450
Deposit, UAE resident (20%)
AED 204,290
Deposit, non-resident (40%)
AED 408,580
Monthly over 25 years at 3.7%
AED 4,179

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