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Studio · 380 sqftMajestique Residence 1, Dubai South · 3rd floor · completed 2021

327, Majestique Residence 1

Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from February 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 327 · DLD and Ejari recordsUpdated 15 February 2025
Last soldAED 429K9 March 2023
Current rentAED 39K /yr15 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 327, Majestique Residence 1

What is 327 worth today?

Last sold for AED 428,622 in 2023

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15 Feb 2025RentedRenewal
AED 39,000/yr12 months · AED 103 per sqft
9 Mar 2023Sold by developerReady
AED 428,622AED 1,128 per sqft

Source: Dubai Land Department. Updated 15 February 2025.

Key facts

Type
Studio apartment
Size
380 sqft
Floor
3rd of 4
Parking
G-97
Developer
Credo Investments
Completed
2021
Service charge
AED 7,000 /yr
Last sold
AED 429K · March 2023
Building
Majestique Residence 1

About 327, Majestique Residence 1

327 is a studio of 380 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 9 March 2023 for AED 428,622, or AED 1,128 per sqft, in line with the AED 1,128 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 February 2025. The current contract, renewed on 15 February 2025, is AED 39,000 a year: a gross yield of 9.1% on the 2023 price, before the service charge of about AED 7,000 a year.

Sales and rents for 327 over time

Sales
Unit 327, each saleTypical studio in Majestique Residence 1
450K500K20232024202520262027Typical sale price by year: 2023 AED 461,000; 2024 AED 487,500; 2025 AED 490,000; 2026 AED 500,000Sold by developer, March 2023: AED 428,622 (AED 1,128 per sqft)

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

Rents
Unit 327, 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 40,000Renewal, February 2025: AED 39,000 a year

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 327 sits

All 48 studios →

327 last sold in March 2023 at AED 1,128 per sqft, in line with what studios in Majestique Residence 1 were fetching at the time (AED 1,128). 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. 327's AED 39,000 is in the lower half of that range.

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
307StudioAED 480K · Sep 2021
1–7 of 30

327, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 9 March 2023 for AED 428,622, or AED 1,128 per sqft.
  • Rented since February 2025 on one Ejari contract, at AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2023 price is 9.1%, before a service charge of about AED 7,000 a year (AED 18.45 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 15 February 2025.

Questions about 327, Majestique Residence 1

What did unit 327 last sell for?

AED 428,622 on 9 March 2023, sold by the developer: AED 1,128 per sqft for 380 sqft. It is the only registered sale of the unit.

What is the rent for unit 327?

AED 39,000 a year on the contract renewed on 15 February 2025.

How big is unit 327?

380 sqft (35.3 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2021.

What is unit 327 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 327, Majestique Residence 1

Starts from the last sale price (AED 429K, 9 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 428,622
Deposit, UAE resident (20%)
AED 85,724
Deposit, non-resident (40%)
AED 171,449
Monthly over 25 years at 3.7%
AED 1,754

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