Home
Dubai prices
About
Research
2-bed · 998 sqftMajestique Residence 1, Dubai South · 3rd floor · completed 2021

304, Majestique Residence 1

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

Unit 304 · DLD and Ejari recordsUpdated 21 November 2025
Last soldAED 975K31 October 2023
Current rentAED 79K /yr21 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 304

Property timeline for 304, Majestique Residence 1

What is 304 worth today?

Last sold for AED 975,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Nov 2025RentedNew contract
AED 79,000/yr12 months · AED 79 per sqft
18 Oct 2024RentedNew contract
AED 80,000/yr12 months · AED 80 per sqft
31 Oct 2023Sold by developerReady
AED 975,000AED 976 per sqft
20 Jul 2023RentedNew contract
AED 58,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 21 November 2025.

Key facts

Type
2-bed apartment
Size
998 sqft
Floor
3rd of 4
Parking
G-119
Developer
Credo Investments
Completed
2021
Service charge
AED 18,400 /yr
Last sold
AED 975K · October 2023
Building
Majestique Residence 1

About 304, Majestique Residence 1

304 is a two-bedroom apartment of 998 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 31 October 2023 for AED 975,000, or AED 976 per sqft, 4% below the AED 1,017 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 21 November 2025, is AED 79,000 a year: a gross yield of 8.1% on the 2023 price, before the service charge of about AED 18,400 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, October 2023: AED 975,000 (AED 976 per sqft)

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

Rents
Unit 304, 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, July 2023: AED 58,000 a yearNew contract, October 2024: AED 80,000 a yearNew contract, November 2025: AED 79,000 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 304 sits

All 61 2-beds →

304 last sold in October 2023 at AED 976 per sqft, 4% below what two-beds in Majestique Residence 1 were fetching at the time (AED 1,017). 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. 304's AED 79,000 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 3rd floor

All 121 units in Majestique Residence 1
Value
301StudioAED 403K · Jan 2023
3022-bedAED 878K · Jul 2023
3032-bedAED 994K · Nov 2024
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

304, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 31 October 2023 for AED 975,000, or AED 976 per sqft.
  • Rented since July 2023 on 3 Ejari contracts, from AED 58,000 to AED 79,000 a year.
  • At AED 79,000 a year the gross yield on the 2023 price is 8.1%, before a service charge of about AED 18,400 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 21 November 2025.

Questions about 304, Majestique Residence 1

What did unit 304 last sell for?

AED 975,000 on 31 October 2023, sold by the developer: AED 976 per sqft for 998 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 79,000 a year on the contract signed on 21 November 2025. The previous contract, from October 2024, was AED 80,000; the unit has been rented since July 2023.

How big is unit 304?

998 sqft (92.7 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2021.

What is unit 304 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.

Selling 304? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 304, Majestique Residence 1

Starts from the last sale price (AED 975K, 31 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

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