Unit 307, Majestique Residence 1: what it sold for and what it is worth now

Unit 307 at Majestique Residence 1 is a studio of 378 sq ft. It last sold for AED 479,999 on 26 Sep 2021. At AED 1,265 per sq ft, from 6 sales in the building in the last 12 months (studio), it is worth about AED 478,000 today.

Value todayAED 478,000AED 430,000 to AED 494,000
Last saleAED 479,99926 Sep 2021 · Off-plan
Change since last sale-0.4% 
Rent (median asking, studio)AED 43,495Gross yield 9.1%
Bedroomsstudio
Size378 sq ft
Floor3 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingMajestique Residence 1 by Credo Investments, handed over 2021
Registered sales of this unit1

Every registered sale of unit 307

DatePriceSizeAED/sq ftType
26 Sep 2021AED 479,999378 sq ft1,270Off-plan

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
1077 Aug 2024AED 482,625379 sq ft1,273Resale
4071 May 2024AED 459,000378 sq ft1,214Resale
20713 Oct 2022AED 440,999377 sq ft1,170Resale

Latest studio sales in Majestique Residence 1

UnitDatePriceSizeAED/sq ftType
1279 Oct 2026AED 500,000380 sq ft1,316Resale
1151 Sep 2026AED 427,120396 sq ft1,079Resale
22018 Aug 2026AED 434,625396 sq ft1,098Resale
32128 Jul 2026AED 500,000399 sq ft1,253Resale
31313 Mar 2026AED 565,000395 sq ft1,430Resale
22720 Oct 2025AED 485,000380 sq ft1,276Resale
12228 Jul 2025AED 570,400498 sq ft1,145Resale
22217 Apr 2025AED 500,000498 sq ft1,004Resale

How we worked out the value

We took the 6 sales in Majestique Residence 1 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,265). We multiplied it by the size of this unit (378 sq ft). The range uses the middle half of those sales (AED 1,136 to AED 1,306 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 9 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 307 at Majestique Residence 1 worth?

About AED 478,000 (range AED 430,000 to AED 494,000), based on AED 1,265 per sq ft from registered sales up to 9 Oct 2026.

When did unit 307 last sell?

26 Sep 2021, for AED 479,999 (off-plan). It has 1 registered sale.

What rent can unit 307 make?

A studio in Majestique Residence 1 rents for about AED 43,495 a year (median asking rent). That is a gross yield of 9.1% on the estimate.

Sales alert for Majestique Residence 1All sales in Majestique Residence 1

Unit 306 · Unit 308