312, Majestique Residence 1
Sold prices and rental history: sold once, by the developer in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 312, Majestique Residence 1
What is 312 worth today?
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Source: Dubai Land Department. Updated 13 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 928 sqft
- Floor
- 3rd of 4
- Parking
- G-71 0
- Developer
- Credo Investments
- Completed
- 2021
- Service charge
- AED 17,100 /yr
- Last sold
- AED 998K · October 2024
- Building
- Majestique Residence 1
About 312, Majestique Residence 1
312 is a two-bedroom apartment of 928 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 13 October 2024 for AED 998,386, or AED 1,076 per sqft, in line with the AED 1,060 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 312 over time
312 has sold once; the dashed line is the two-bed median of each year in the building.
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 312 sits
All 61 2-beds →312 last sold in October 2024 at AED 1,076 per sqft, in line with what two-beds in Majestique Residence 1 were fetching at the time (AED 1,060). 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.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 989 sqft | 1,101,581 | 1,113 | ||
| 18 Aug 202618 August 2026 | 987 sqft | 956,840 | 968 | ||
| 22 May 202622 May 2026 | 942 sqft | 1,150,000 | 1,221 | ||
| 23 Feb 202623 February 2026 | 995 sqft | 1,298,000 | 1,304 |
Majestique Residence 1
Building121 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%
Other units on the 3rd floor
All 121 units in Majestique Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | Studio | 376 sqft | AED 403KAED 402,800 · Jan 2023January 2023 | 31,500 /yr | |
| 302 | 2-bed | 883 sqft | AED 878KAED 877,800 · Jul 2023July 2023 | 72,000 /yr | |
| 303 | 2-bed | 923 sqft | AED 994KAED 993,570 · Nov 2024November 2024 | 75,000 /yr | |
| 304 | 2-bed | 998 sqft | AED 975KAED 975,000 · Oct 2023October 2023 | 79,000 /yr | |
| 305 | 2-bed | 934 sqft | AED 994KAED 994,025 · Sep 2024September 2024 | ||
| 306 | 2-bed | 991 sqft | AED 1.05MAED 1,045,888 · Mar 2024March 2024 | ||
| 307 | Studio | 378 sqft | AED 480KAED 479,999 · Sep 2021September 2021 | ||
| 308 | 2-bed | 989 sqft | AED 1.02MAED 1,024,048 · Feb 2023February 2023 | ||
| 309 | 2-bed | 1,095 sqft | AED 1.1MAED 1,100,000 · Sep 2024September 2024 | 77,000 /yr | |
| 310 | 1-bed | 688 sqft | AED 738KAED 737,500 · Dec 2023December 2023 | ||
| 311 | 1-bed | 788 sqft | AED 910KAED 910,000 · Mar 2023March 2023 | ||
| 313 | Studio | 395 sqft | AED 565KAED 565,000 · Mar 2026March 2026 | 43,500 /yr | |
| 314 | 2-bed | 935 sqft | AED 976KAED 975,810 · Nov 2024November 2024 | ||
| 315 | Studio | 396 sqft | AED 465KAED 465,000 · May 2023May 2023 | 33,000 /yr | |
| 316 | Studio | 396 sqft | AED 498KAED 498,066 · Jul 2023July 2023 | ||
| 317 | Studio | 396 sqft | AED 465KAED 465,000 · May 2023May 2023 | 42,000 /yr | |
| 318 | Studio | 396 sqft | AED 461KAED 461,000 · Jun 2023June 2023 | 25,000 /yr | |
| 319 | 2-bed | 939 sqft | AED 1.01MAED 1,010,381 · Oct 2024October 2024 | ||
| 320 | Studio | 396 sqft | AED 464KAED 463,798 · Aug 2023August 2023 | ||
| 321 | Studio | 399 sqft | AED 500KAED 500,000 · Jul 2026July 2026 | ||
| 322 | Studio | 498 sqft | AED 588KAED 588,154 · Dec 2023December 2023 | ||
| 323 | 1-bed | 710 sqft | AED 760KAED 760,000 · Jan 2023January 2023 | 50,000 /yr | |
| 324 | 2-bed | 990 sqft | AED 1.02MAED 1,018,220 · May 2024May 2024 | 78,000 /yr | |
| 325 | Studio | 378 sqft | AED 450KAED 450,000 · Apr 2023April 2023 | 27,600 /yr | |
| 326 | 2-bed | 991 sqft | AED 1.02MAED 1,019,200 · May 2024May 2024 | 75,000 /yr | |
| 327 | Studio | 380 sqft | AED 429KAED 428,622 · Mar 2023March 2023 | 39,000 /yr | |
| 328 | 2-bed | 883 sqft | AED 1.08MAED 1,077,000 · Jan 2026January 2026 | 90,000 /yr | |
| 329 | 2-bed | 934 sqft | AED 976KAED 975,888 · Mar 2024March 2024 | 80,000 /yr | |
| 330 | 2-bed | 995 sqft | AED 1.01MAED 1,010,000 · Aug 2023August 2023 | 120,000 /yr | |
| 331 | 2-bed | 923 sqft | AED 994KAED 993,570 · Nov 2024November 2024 | 83,000 /yr |
312, Majestique Residence 1 in numbers
- Sold once: by Credo Investments on 13 October 2024 for AED 998,386, or AED 1,076 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 13 October 2024.
Questions about 312, Majestique Residence 1
What did unit 312 last sell for?
AED 998,386 on 13 October 2024, sold by the developer: AED 1,076 per sqft for 928 sqft. It is the only registered sale of the unit.
How big is unit 312?
928 sqft (86.2 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2021.
What is unit 312 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 312, Majestique Residence 1
Starts from the last sale price (AED 998K, 13 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 998,386
- Deposit, UAE resident (20%)
- AED 199,677
- Deposit, non-resident (40%)
- AED 399,354
- Monthly over 25 years at 3.7%
- AED 4,085
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →