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Studio · 399 sqftMajestique Residence 1, Dubai South · 3rd floor · completed 2021

321, Majestique Residence 1

Sold prices and rental history: sold twice, last in July 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 321 · DLD and Ejari recordsUpdated 28 July 2026
Last soldAED 500K28 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 321, Majestique Residence 1

What is 321 worth today?

Last sold for AED 500,000 in 2026

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28 Jul 2026SoldReady
AED 500,000AED 1,253 per sqft
22 Aug 2023Sold by developerReady
AED 457,300AED 1,146 per sqft

Source: Dubai Land Department. Updated 28 July 2026.

Key facts

Type
Studio apartment
Size
399 sqft
Floor
3rd of 4
Parking
G-80
Developer
Credo Investments
Completed
2021
Service charge
AED 7,400 /yr
Last sold
AED 500K · July 2026
Building
Majestique Residence 1

About 321, Majestique Residence 1

321 is a studio of 399 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 28 July 2026 for AED 500,000, or AED 1,253 per sqft, in line with the AED 1,265 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 321 over time

Sales
Unit 321, each saleTypical studio in Majestique Residence 1
460K480K500K202320252027Typical sale price by year: 2023 AED 461,000; 2024 AED 487,500; 2025 AED 490,000; 2026 AED 500,000Sold by developer, August 2023: AED 457,300 (AED 1,146 per sqft)Sold, July 2026: AED 500,000 (AED 1,253 per sqft)

321 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 321, 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 321 sits

All 48 studios →

321 last sold in July 2026 at AED 1,253 per sqft, in line with what studios in Majestique Residence 1 were fetching at the time (AED 1,265). 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
13 Mar 2026565,000
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
307StudioAED 480K · Sep 2021
1–7 of 30

321, Majestique Residence 1 in numbers

  • Sold twice: first on 22 August 2023 for AED 457,300, last on 28 July 2026 for AED 500,000 (AED 1,253 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 28 July 2026.

Questions about 321, Majestique Residence 1

What did unit 321 last sell for?

AED 500,000 on 28 July 2026: AED 1,253 per sqft for 399 sqft. The unit has 2 registered sales; the first was AED 457,300 in August 2023.

How big is unit 321?

399 sqft (37.1 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2021.

What is unit 321 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 321, Majestique Residence 1

Starts from the last sale price (AED 500K, 28 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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