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Studio · 376 sqftMajestique Residence 1, Dubai South · 3rd floor · completed 2021

301, Majestique Residence 1

Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 403K16 January 2023
Current rentAED 32K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 301, Majestique Residence 1

What is 301 worth today?

Last sold for AED 402,800 in 2023

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1 Dec 2025RentedRenewal
AED 31,500/yr12 months · AED 84 per sqft
1 Dec 2024RentedNew contract
AED 30,000/yr12 months · AED 80 per sqft
1 Mar 2024RentedRenewal
AED 27,000/yr12 months · AED 72 per sqft
1 Mar 2023RentedNew contract
AED 27,000/yr12 months · AED 72 per sqft
16 Jan 2023Sold by developerReady
AED 402,800AED 1,071 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
Studio apartment
Size
376 sqft
Floor
3rd of 4
Parking
G-116
Developer
Credo Investments
Completed
2021
Service charge
AED 6,900 /yr
Last sold
AED 403K · January 2023
Building
Majestique Residence 1

About 301, Majestique Residence 1

301 is a studio of 376 sqft on the 3rd floor of Majestique Residence 1, a 4-storey tower in Dubai South completed in 2021 by Credo Investments. The developer sold it on 16 January 2023 for AED 402,800, or AED 1,071 per sqft, in line with the AED 1,071 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 31,500 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 6,900 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical studio in Majestique Residence 1
400K450K500K20232024202520262027Typical sale price by year: 2023 AED 461,000; 2024 AED 487,500; 2025 AED 490,000; 2026 AED 500,000Sold by developer, January 2023: AED 402,800 (AED 1,071 per sqft)

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

Rents
Unit 301, each contractTypical studio in Majestique Residence 1
30K40K202220242026Typical rent by year: 2022 AED 33,500; 2023 AED 31,000; 2024 AED 39,251; 2025 AED 40,500; 2026 AED 40,000New contract, March 2023: AED 27,000 a yearRenewal, March 2024: AED 27,000 a yearNew contract, December 2024: AED 30,000 a yearRenewal, December 2025: AED 31,500 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 301 sits

All 48 studios →

301 last sold in January 2023 at AED 1,071 per sqft, in line with what studios in Majestique Residence 1 were fetching at the time (AED 1,071). 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. 301's AED 31,500 is in the lower 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 3rd floor

All 121 units in Majestique Residence 1
Value
3022-bedAED 878K · Jul 2023
3032-bedAED 994K · Nov 2024
3042-bedAED 975K · Oct 2023
3052-bedAED 994K · Sep 2024
3062-bedAED 1.05M · Mar 2024
307StudioAED 480K · Sep 2021
3082-bedAED 1.02M · Feb 2023
1–7 of 30

301, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 16 January 2023 for AED 402,800, or AED 1,071 per sqft.
  • Rented since March 2023 on 4 Ejari contracts, from AED 27,000 to AED 31,500 a year.
  • At AED 31,500 a year the gross yield on the 2023 price is 7.8%, 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 December 2025.

Questions about 301, Majestique Residence 1

What did unit 301 last sell for?

AED 402,800 on 16 January 2023, sold by the developer: AED 1,071 per sqft for 376 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 31,500 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 30,000; the unit has been rented since March 2023.

How big is unit 301?

376 sqft (34.9 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2021.

What is unit 301 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 301, Majestique Residence 1

Starts from the last sale price (AED 403K, 16 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 402,800
Deposit, UAE resident (20%)
AED 80,560
Deposit, non-resident (40%)
AED 161,120
Monthly over 25 years at 3.7%
AED 1,648

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