Studio · 378 sqftMajestique Residence 1, Dubai South · 3rd floor · completed 2021

307, Majestique Residence 1

Sold prices and rental history: sold once, by the developer in September 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 26 September 2021
Last soldAED 480K26 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Majestique Residence 1

What is 307 worth today?

Last sold for AED 479,999 in 2021

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26 Sep 2021Sold by developerOff-plan
AED 479,999AED 1,270 per sqft

Source: Dubai Land Department. Updated 26 September 2021.

Key facts

Type
Studio apartment
Size
378 sqft
Floor
3rd of 4
Parking
G-122
Developer
Credo Investments
Completed
2021
Service charge
AED 7,000 /yr
Last sold
AED 480K · September 2021

About 307, Majestique Residence 1

307 is a studio of 378 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 26 September 2021 for AED 479,999, or AED 1,270 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical studio in Majestique Residence 1
460K480K500K2021202320252027Typical sale price by year: 2023 AED 461,000; 2024 AED 487,500; 2025 AED 490,000; 2026 AED 500,000Sold by developer, September 2021: AED 479,999 (AED 1,270 per sqft)

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

Rents
Unit 307, each contractTypical studio in Majestique Residence 1
30K35K40K202220242026Typical rent by year: 2022 AED 33,500; 2023 AED 31,000; 2024 AED 39,251; 2025 AED 40,500; 2026 AED 40,000

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 307 sits

All 48 studios →

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.

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
301StudioAED 403K · Jan 2023
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
3082-bedAED 1.02M · Feb 2023
1–7 of 30

307, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 26 September 2021 for AED 479,999, or AED 1,270 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 26 September 2021.

Questions about 307, Majestique Residence 1

What did unit 307 last sell for?

AED 479,999 on 26 September 2021, sold by the developer: AED 1,270 per sqft for 378 sqft. It is the only registered sale of the unit.

How big is unit 307?

378 sqft (35.1 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2021.

What is unit 307 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 307, Majestique Residence 1

Starts from the last sale price (AED 480K, 26 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 479,999
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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