2-bed · 1,018 sqftMajestique Residence 2, Dubai South · 4th floor · completed 2021

407, Majestique Residence 2

Sold prices and rental history: sold once, by the developer in August 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 7 August 2026
Last soldAED 1.35M7 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Majestique Residence 2

What is 407 worth today?

Last sold for AED 1,350,000 in 2026

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7 Aug 2026Sold by developerReady
AED 1,350,000AED 1,326 per sqft

Source: Dubai Land Department. Updated 7 August 2026.

Key facts

Type
2-bed apartment
Size
1,018 sqft
Floor
4th of 4
Parking
G-40 0
Developer
Credo Investments
Completed
2021
Last sold
AED 1.35M · August 2026

About 407, Majestique Residence 2

407 is a two-bedroom apartment of 1,018 sqft on the 4th floor of Majestique Residence 2, a 4-storey tower in Dubai South completed in 2021 by Credo Investments. The developer sold it on 7 August 2026 for AED 1,350,000, or AED 1,326 per sqft, 4% above the AED 1,274 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Majestique Residence 2
1.2M1.3M202520262027Typical sale price by year: 2025 AED 1,151,878; 2026 AED 1,264,500Sold by developer, August 2026: AED 1,350,000 (AED 1,326 per sqft)

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

Rents
Unit 407, each contractTypical two-bed in Majestique Residence 2
82K84K202520262027Typical rent by year: 2025 AED 85,000; 2026 AED 82,000

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 2, and where 407 sits

All 20 2-beds →

407 last sold in August 2026 at AED 1,326 per sqft, 4% above what two-beds in Majestique Residence 2 were fetching at the time (AED 1,274). Over the last 12 months two-beds sold for AED 1,100,000 to 1,350,000, around AED 1,274 per sqft, and rent for AED 71,000 to 93,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Sep 20261,250,000
25 Aug 20261,217,700
9 Jul 20261,237,920
25 Mar 20261,279,000
16 2-bed sales in the last 12 months

Majestique Residence 2

Building

48 apartments, studios to 2-bed over 4 floors in Dubai South, completed in 2021 by Credo Investments. 26 sold in the last 12 months.

Typical price per sqft
AED 1,317 Down 7.0%
Typical sale
AED 1.17M
Typical rent
AED 72K /yr
Typical yield
7.5%
Majestique Residence 2, Dubai South: prices, sales and rents →

Other units on the 4th floor

All 48 units in Majestique Residence 2
Value
401StudioAED 603K · Jan 2026
4022-bedAED 1.28M · Mar 2026
4042-bedAED 1.19M · Mar 2026
4052-bedAED 1.33M · Jan 2026
4082-bedAED 1.25M · Sep 2026
409StudioAED 558K · Dec 2025
411StudioAED 574K · Jan 2026
1–7 of 11

407, Majestique Residence 2 in numbers

  • Sold once: by Credo Investments on 7 August 2026 for AED 1,350,000, or AED 1,326 per sqft.
  • Two-beds in Majestique Residence 2 sold for AED 1,100,000–1,350,000 in the 12 months to November 2026; the building's median across all types is AED 1,317 per sqft.

Source: Dubai Land Department. Updated 7 August 2026.

Questions about 407, Majestique Residence 2

What did unit 407 last sell for?

AED 1,350,000 on 7 August 2026, sold by the developer: AED 1,326 per sqft for 1,018 sqft. It is the only registered sale of the unit.

How big is unit 407?

1,018 sqft (94.6 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2021.

What is unit 407 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 2 sold for AED 1,100,000 to 1,350,000 in the last 12 months, around AED 1,274 per sqft.

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Mortgage on 407, Majestique Residence 2

Starts from the last sale price (AED 1.35M, 7 August 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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