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2-bed · 923 sqftMajestique Residence 1, Dubai South · 3rd floor · completed 2021

331, Majestique Residence 1

Sold prices and rental history: sold once, by the developer in November 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 331 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 994K26 November 2024
Current rentAED 83K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 331, Majestique Residence 1

What is 331 worth today?

Last sold for AED 993,570 in 2024

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1 Jul 2026RentedRenewal
AED 83,000/yr12 months · AED 90 per sqft
1 Jul 2025RentedNew contract
AED 83,000/yr12 months · AED 90 per sqft
26 Nov 2024Sold by developerReady
AED 993,570AED 1,076 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
923 sqft
Floor
3rd of 4
Parking
G-101 0
Developer
Credo Investments
Completed
2021
Service charge
AED 17,000 /yr
Last sold
AED 994K · November 2024
Building
Majestique Residence 1

About 331, Majestique Residence 1

331 is a two-bedroom apartment of 923 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 November 2024 for AED 993,570, or AED 1,076 per sqft, in line with the AED 1,064 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 83,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 17,000 a year.

Sales and rents for 331 over time

Sales
Unit 331, each saleTypical two-bed in Majestique Residence 1
1M1.1M20232024202520262027Typical 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, November 2024: AED 993,570 (AED 1,076 per sqft)

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

Rents
Unit 331, 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, July 2025: AED 83,000 a yearRenewal, July 2026: AED 83,000 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 331 sits

All 61 2-beds →

331 last sold in November 2024 at AED 1,076 per sqft, in line with what two-beds in Majestique Residence 1 were fetching at the time (AED 1,064). 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. 331's AED 83,000 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

331, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 26 November 2024 for AED 993,570, or AED 1,076 per sqft.
  • Rented since July 2025 on 2 Ejari contracts, at AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 17,000 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 1 July 2026.

Questions about 331, Majestique Residence 1

What did unit 331 last sell for?

AED 993,570 on 26 November 2024, sold by the developer: AED 1,076 per sqft for 923 sqft. It is the only registered sale of the unit.

What is the rent for unit 331?

AED 83,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 83,000.

How big is unit 331?

923 sqft (85.7 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2021.

What is unit 331 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 331, Majestique Residence 1

Starts from the last sale price (AED 994K, 26 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 993,570
Deposit, UAE resident (20%)
AED 198,714
Deposit, non-resident (40%)
AED 397,428
Monthly over 25 years at 3.7%
AED 4,065

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