408, Majestique Residence 2
Sold prices and rental history: sold once, by the developer in September 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Majestique Residence 2
What is 408 worth today?
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Source: Dubai Land Department. Updated 10 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 988 sqft
- Floor
- 4th of 4
- Parking
- G-41
- Developer
- Credo Investments
- Completed
- 2021
- Last sold
- AED 1.25M · September 2026
- Building
- Majestique Residence 2
About 408, Majestique Residence 2
408 is a two-bedroom apartment of 988 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 10 September 2026 for AED 1,250,000, or AED 1,265 per sqft, in line with 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 408 over time
408 has sold once; the dashed line is the two-bed median of each year in the building.
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 408 sits
All 20 2-beds →408 last sold in September 2026 at AED 1,265 per sqft, in line with 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Aug 202625 August 2026 | 940 sqft | 1,217,700 | 1,295 | ||
| 7 Aug 20267 August 2026 | 1,018 sqft | 1,350,000 | 1,326 | ||
| 9 Jul 20269 July 2026 | 1,032 sqft | 1,237,920 | 1,199 | ||
| 25 Mar 202625 March 2026 | 972 sqft | 1,279,000 | 1,316 |
Majestique Residence 2
Building48 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%
Other units on the 4th floor
All 48 units in Majestique Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 405 sqft | AED 603KAED 603,000 · Jan 2026January 2026 | 48,000 /yr | |
| 402 | 2-bed | 972 sqft | AED 1.28MAED 1,279,000 · Mar 2026March 2026 | ||
| 404 | 2-bed | 876 sqft | AED 1.19MAED 1,190,000 · Mar 2026March 2026 | 79,000 /yr | |
| 405 | 2-bed | 1,009 sqft | AED 1.33MAED 1,330,000 · Jan 2026January 2026 | 72,000 /yr | |
| 407 | 2-bed | 1,018 sqft | AED 1.35MAED 1,350,000 · Aug 2026August 2026 | ||
| 409 | Studio | 364 sqft | AED 558KAED 558,000 · Dec 2025December 2025 | 50,000 /yr | |
| 411 | Studio | 374 sqft | AED 574KAED 574,000 · Jan 2026January 2026 | 50,000 /yr | |
| 412 | Studio | 377 sqft | AED 572KAED 572,000 · Jan 2026January 2026 | ||
| 413 | Studio | 377 sqft | AED 578KAED 578,000 · Feb 2026February 2026 | 50,000 /yr | |
| 414 | Studio | 374 sqft | AED 574KAED 574,000 · Feb 2026February 2026 | 48,000 /yr | |
| 415 | Studio | 460 sqft | AED 647KAED 646,570 · Jan 2026January 2026 | 48,000 /yr |
408, Majestique Residence 2 in numbers
- Sold once: by Credo Investments on 10 September 2026 for AED 1,250,000, or AED 1,265 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 10 September 2026.
Questions about 408, Majestique Residence 2
What did unit 408 last sell for?
AED 1,250,000 on 10 September 2026, sold by the developer: AED 1,265 per sqft for 988 sqft. It is the only registered sale of the unit.
How big is unit 408?
988 sqft (91.8 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2021.
What is unit 408 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 408, Majestique Residence 2
Starts from the last sale price (AED 1.25M, 10 September 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →