PropertyIndex

Majestique Residence 1

Completed · Q4 2021|124 units · 1 building

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Majestique Residence 1 is a completed apartment development by CREDO INVESTMENTS F Z E in Dubai South, Madinat Al Mataar, comprising 124 registered units. 127 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,288 per sqft. At AED 1,288 per sqft, Majestique Residence 1 prices 18% below the Dubai South average of AED 1,569 per sqft on registered sales.

PIX© price · 11.8% YoY
919KAED
Typical
1,288AED
PSF
Gross yield
6.5%
PIX© rent ÷ PIX© price
Sale records
127
DLD · all time
Rent contracts
248
Ejari · all time
Majestique Residence 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
376 – 1,095 sqft
124919K1,28811.8%60K6.5%
Studio · Apartment
376 – 498 sqft
48
1 Bed · Apartment
686 – 788 sqft
12
2 Bed · Apartment
883 – 1,095 sqft
64
Sales — Project-Wide127 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
28 Jul 2026StudioFloor 3399500,0001,253+9.3%StandardStandard Sale
29 Jun 20262 BedFloor 49341,235,0001,322+18.4%PremiumStandard Sale
22 May 20262 BedFloor 29421,150,0001,221StandardStandard Sale
Rentals — Project-Wide248 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 133 rentals
Floor 1 · 38 rentals
Floors 2-3 · 56 rentals
Floor 4 · 39 rentals
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
17 Aug 2026Floor 499780,00080+3.9%Standardnew
15 Aug 2026Floor 399078,00079-2.5%Standardnew
5 Aug 2026Floor 393480,00086+6.7%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai South

The closest-priced registered projects in Dubai South.

Common questions about Majestique Residence 1

Answered from Dubai Land Department registered transactions.

How much does a property in Majestique Residence 1 cost?

Property in Majestique Residence 1 sells at a current PIX© price of AED 1,288 per sqft, or about AED 919,228 for a typical unit, based on 127 sales registered with the Dubai Land Department.

Is Majestique Residence 1 completed?

Yes. Majestique Residence 1 is recorded as completed in the Dubai Land Department project register (completed q4 2021).

Who is the developer of Majestique Residence 1?

Majestique Residence 1 is developed by CREDO INVESTMENTS F Z E, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Majestique Residence 1?

Majestique Residence 1 yields 6.5% gross, calculated from current PIX© rent against current PIX© sale price, across 248 registered Ejari contracts.

How many units are in Majestique Residence 1?

Majestique Residence 1 holds 124 registered units, per the Dubai Land Department unit register.

Have prices in Majestique Residence 1 gone up or down?

Price per sqft has risen +11.8% over the last 12 months, to AED 1,288, across 127 registered sales.