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2-bed · 923 sqftMajestique Residence 1, Dubai South · 4th floor · completed 2021

403, Majestique Residence 1

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

Unit 403 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 988K11 September 2024
Current rentAED 75K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 403, Majestique Residence 1

What is 403 worth today?

Last sold for AED 988,296 in 2024

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1 May 2026RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft
28 Apr 2025RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft
1 Nov 2024RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft
11 Sep 2024Sold by developerReady
AED 988,296AED 1,070 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
2-bed apartment
Size
923 sqft
Floor
4th of 4
Parking
G-06
Developer
Credo Investments
Completed
2021
Service charge
AED 17,000 /yr
Last sold
AED 988K · September 2024
Building
Majestique Residence 1

About 403, Majestique Residence 1

403 is a two-bedroom apartment of 923 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 11 September 2024 for AED 988,296, or AED 1,070 per sqft, in line with the AED 1,055 two-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 1 May 2026, is AED 75,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 17,000 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, September 2024: AED 988,296 (AED 1,070 per sqft)

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

Rents
Unit 403, 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, November 2024: AED 80,000 a yearNew contract, April 2025: AED 75,000 a yearNew contract, May 2026: AED 75,000 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 403 sits

All 61 2-beds →

403 last sold in September 2024 at AED 1,070 per sqft, in line with what two-beds in Majestique Residence 1 were fetching at the time (AED 1,055). 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. 403's AED 75,000 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 4th floor

All 121 units in Majestique Residence 1
Value
401StudioAED 472K · Aug 2024
4022-bedAED 1.04M · Aug 2025
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

403, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 11 September 2024 for AED 988,296, or AED 1,070 per sqft.
  • Rented since November 2024 on 3 Ejari contracts, from AED 80,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 7.6%, 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 May 2026.

Questions about 403, Majestique Residence 1

What did unit 403 last sell for?

AED 988,296 on 11 September 2024, sold by the developer: AED 1,070 per sqft for 923 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 75,000 a year on the contract signed on 1 May 2026. The previous contract, from April 2025, was AED 75,000; the unit has been rented since November 2024.

How big is unit 403?

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

What is unit 403 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 403, Majestique Residence 1

Starts from the last sale price (AED 988K, 11 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 988,296
Deposit, UAE resident (20%)
AED 197,659
Deposit, non-resident (40%)
AED 395,318
Monthly over 25 years at 3.7%
AED 4,043

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