Home
Dubai prices
About
Research
2-bed · 939 sqftMajestique Residence 1, Dubai South · 4th floor · completed 2021

429, Majestique Residence 1

Sold prices and rental history: sold once, by the developer in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 429 · DLD and Ejari recordsUpdated 3 June 2024
Last soldAED 984K3 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 429

Property timeline for 429, Majestique Residence 1

What is 429 worth today?

Last sold for AED 984,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 Jun 2024Sold by developerReady
AED 984,000AED 1,047 per sqft

Source: Dubai Land Department. Updated 3 June 2024.

Key facts

Type
2-bed apartment
Size
939 sqft
Floor
4th of 4
Parking
G-92
Developer
Credo Investments
Completed
2021
Service charge
AED 17,300 /yr
Last sold
AED 984K · June 2024
Building
Majestique Residence 1

About 429, Majestique Residence 1

429 is a two-bedroom apartment of 939 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 3 June 2024 for AED 984,000, or AED 1,047 per sqft, in line with the AED 1,037 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 429 over time

Sales
Unit 429, 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, June 2024: AED 984,000 (AED 1,047 per sqft)

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

Rents
Unit 429, 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 429 sits

All 61 2-beds →

429 last sold in June 2024 at AED 1,047 per sqft, in line with what two-beds in Majestique Residence 1 were fetching at the time (AED 1,037). 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
4022-bedAED 1.04M · Aug 2025
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
1–7 of 30

429, Majestique Residence 1 in numbers

  • Sold once: by Credo Investments on 3 June 2024 for AED 984,000, or AED 1,047 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 3 June 2024.

Questions about 429, Majestique Residence 1

What did unit 429 last sell for?

AED 984,000 on 3 June 2024, sold by the developer: AED 1,047 per sqft for 939 sqft. It is the only registered sale of the unit.

How big is unit 429?

939 sqft (87.2 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2021.

What is unit 429 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.

Selling 429? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 429, Majestique Residence 1

Starts from the last sale price (AED 984K, 3 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 984,000
Deposit, UAE resident (20%)
AED 196,800
Deposit, non-resident (40%)
AED 393,600
Monthly over 25 years at 3.7%
AED 4,026

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