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2-bed · 883 sqftMajestique Residence 1, Dubai South · 4th floor · completed 2021

402, Majestique Residence 1

Sold prices and rental history: sold once, by the developer in August 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 4 August 2025
Last soldAED 1.04M4 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, Majestique Residence 1

What is 402 worth today?

Last sold for AED 1,037,500 in 2025

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4 Aug 2025Sold by developerReady
AED 1,037,500AED 1,175 per sqft

Source: Dubai Land Department. Updated 4 August 2025.

Key facts

Type
2-bed apartment
Size
883 sqft
Floor
4th of 4
Parking
G-14 0
Developer
Credo Investments
Completed
2021
Service charge
AED 16,300 /yr
Last sold
AED 1.04M · August 2025
Building
Majestique Residence 1

About 402, Majestique Residence 1

402 is a two-bedroom apartment of 883 sqft on the 4th floor of Majestique Residence 1, a 4-storey tower in Dubai South completed in 2021 by Credo Investments. The developer sold it on 4 August 2025 for AED 1,037,500, or AED 1,175 per sqft, 9% above the AED 1,076 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in Majestique Residence 1
1M1.05M1.1M20232024202520262027Typical 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, August 2025: AED 1,037,500 (AED 1,175 per sqft)

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

Rents
Unit 402, 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 75,000

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 402 sits

All 61 2-beds →

402 last sold in August 2025 at AED 1,175 per sqft, 9% above what two-beds in Majestique Residence 1 were fetching at the time (AED 1,076). 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 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 4th floor

All 121 units in Majestique Residence 1
Value
401StudioAED 472K · Aug 2024
4032-bedAED 988K · Sep 2024
4042-bedAED 1.06M · May 2024
4052-bedAED 960K · Jul 2023
4062-bedAED 1.04M · Nov 2024
407StudioAED 459K · May 2024
4082-bedAED 1.05M · May 2024
1–7 of 30

402, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 4 August 2025 for AED 1,037,500, or AED 1,175 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 4 August 2025.

Questions about 402, Majestique Residence 1

What did unit 402 last sell for?

AED 1,037,500 on 4 August 2025, sold by the developer: AED 1,175 per sqft for 883 sqft. It is the only registered sale of the unit.

How big is unit 402?

883 sqft (82.0 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2021.

What is unit 402 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 402, Majestique Residence 1

Starts from the last sale price (AED 1.04M, 4 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,037,500
Deposit, UAE resident (20%)
AED 207,500
Deposit, non-resident (40%)
AED 415,000
Monthly over 25 years at 3.7%
AED 4,245

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