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2-bed · 1,095 sqftMajestique Residence 1, Dubai South · 3rd floor · completed 2021

309, Majestique Residence 1

Sold prices and rental history: sold twice, last in September 2024, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 7 October 2026
Last soldAED 1.1M11 September 2024
Current rentAED 77K /yr7 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 309, Majestique Residence 1

What is 309 worth today?

Last sold for AED 1,100,000 in 2024

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7 Oct 2026RentedNew contract
AED 77,000/yr12 months · AED 70 per sqft
11 Sep 2024SoldReady
AED 1,100,000AED 1,004 per sqft
2 May 2024Sold by developerReady
AED 1,177,000AED 1,074 per sqft

Source: Dubai Land Department. Updated 7 October 2026.

Key facts

Type
2-bed apartment
Size
1,095 sqft
Floor
3rd of 4
Parking
G-68
Developer
Credo Investments
Completed
2021
Service charge
AED 20,200 /yr
Last sold
AED 1.1M · September 2024
Building
Majestique Residence 1

About 309, Majestique Residence 1

309 is a two-bedroom apartment of 1,095 sqft on the 3rd floor of Majestique Residence 1, a 4-storey tower in Dubai South completed in 2021 by Credo Investments. It last sold on 11 September 2024 for AED 1,100,000, or AED 1,004 per sqft, 5% below the AED 1,055 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 October 2026. The current contract, signed on 7 October 2026, is AED 77,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 20,200 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical two-bed in Majestique Residence 1
1M1.1M1.2M20232024202520262027Typical 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, May 2024: AED 1,177,000 (AED 1,074 per sqft)Sold, September 2024: AED 1,100,000 (AED 1,004 per sqft)

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

Rents
Unit 309, 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 2026: AED 77,000 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 309 sits

All 61 2-beds →

309 last sold in September 2024 at AED 1,004 per sqft, 5% below what two-beds in Majestique Residence 1 were fetching at the time (AED 1,055). 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. 309's AED 77,000 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
3042-bedAED 975K · Oct 2023
3052-bedAED 994K · Sep 2024
3062-bedAED 1.05M · Mar 2024
307StudioAED 480K · Sep 2021
1–7 of 30

309, Majestique Residence 1 in numbers

  • Sold twice: first on 2 May 2024 for AED 1,177,000, last on 11 September 2024 for AED 1,100,000 (AED 1,004 per sqft).
  • Rented since October 2026 on one Ejari contract, at AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 20,200 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 7 October 2026.

Questions about 309, Majestique Residence 1

What did unit 309 last sell for?

AED 1,100,000 on 11 September 2024: AED 1,004 per sqft for 1,095 sqft. The unit has 2 registered sales; the first was AED 1,177,000 in May 2024.

What is the rent for unit 309?

AED 77,000 a year on the contract signed on 7 October 2026.

How big is unit 309?

1,095 sqft (101.7 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2021.

What is unit 309 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 309, Majestique Residence 1

Starts from the last sale price (AED 1.1M, 11 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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