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

231, Majestique Residence 1

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

Unit 231 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 1.11M12 December 2025
Current rentAED 85K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 231, Majestique Residence 1

What is 231 worth today?

Last sold for AED 1,105,800 in 2025

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1 Jan 2026RentedNew contract
AED 85,000/yr12 months · AED 92 per sqft
12 Dec 2025Sold by developerReady
AED 1,105,800AED 1,197 per sqft
2 Apr 2024RentedNew contract
AED 26,799/yr19 months · AED 29 per sqft
1 Apr 2024RentedNew contract
AED 73,698/yr7 months · AED 80 per sqft
19 Oct 2022RentedNew contract
AED 52,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
2-bed apartment
Size
923 sqft
Floor
2nd of 4
Parking
G-46 0
Developer
Credo Investments
Completed
2021
Service charge
AED 17,000 /yr
Last sold
AED 1.11M · December 2025
Building
Majestique Residence 1

About 231, Majestique Residence 1

231 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 12 December 2025 for AED 1,105,800, or AED 1,197 per sqft, in line with the AED 1,175 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 January 2026, is AED 85,000 a year: a gross yield of 7.7% on the 2025 price, before the service charge of about AED 17,000 a year.

Sales and rents for 231 over time

Sales
Unit 231, 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, December 2025: AED 1,105,800 (AED 1,197 per sqft)

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

Rents
Unit 231, each contractTypical two-bed in Majestique Residence 1
50K202220242026Typical 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 52,000 a yearNew contract, April 2024: AED 26,799 a yearNew contract, April 2024: AED 73,698 a yearNew contract, January 2026: AED 85,000 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 231 sits

All 61 2-beds →

231 last sold in December 2025 at AED 1,197 per sqft, in line with what two-beds in Majestique Residence 1 were fetching at the time (AED 1,175). 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. 231's AED 85,000 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
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

231, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 12 December 2025 for AED 1,105,800, or AED 1,197 per sqft.
  • Rented since October 2022 on 4 Ejari contracts. The rent fell from AED 52,000 to AED 26,799 in 2024 and recovered to AED 85,000 by January 2026.
  • At AED 85,000 a year the gross yield on the 2025 price is 7.7%, 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 1 January 2026.

Questions about 231, Majestique Residence 1

What did unit 231 last sell for?

AED 1,105,800 on 12 December 2025, sold by the developer: AED 1,197 per sqft for 923 sqft. It is the only registered sale of the unit.

What is the rent for unit 231?

AED 85,000 a year on the contract signed on 1 January 2026. The previous contract, from April 2024, was AED 26,799; the unit has been rented since October 2022.

How big is unit 231?

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

What is unit 231 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 231, Majestique Residence 1

Starts from the last sale price (AED 1.11M, 12 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,105,800
Deposit, UAE resident (20%)
AED 221,160
Deposit, non-resident (40%)
AED 442,320
Monthly over 25 years at 3.7%
AED 4,524

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