Unit 311, Majestique Residence 1: what it sold for and what it is worth now

Unit 311 at Majestique Residence 1 is a 1 bed of 788 sq ft. It last sold for AED 910,000 on 14 Mar 2023. At AED 1,119 per sq ft, from 3 sales of units ending 11 (same position in the tower), it is worth about AED 882,000 today.

Value todayAED 882,000AED 873,000 to AED 887,000
Last saleAED 910,00014 Mar 2023 · Resale
Change since last sale-3.1%Building trend alone: AED 970,700
Rent (median asking, 1 bed)AED 62,500Gross yield 7.1%
Bedrooms1 bed
Size788 sq ft
Floor3 (from the unit number)
Position in the towerStack 11: units ending 11 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 311

DatePriceSizeAED/sq ftType
14 Mar 2023AED 910,000788 sq ft1,155Resale

Units ending 11 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
4119 Jul 2025AED 890,820787 sq ft1,132Resale
21110 Jun 2025AED 865,000788 sq ft1,098Resale
11124 Dec 2024AED 882,000788 sq ft1,119Resale

Latest 1 bed sales in Majestique Residence 1

UnitDatePriceSizeAED/sq ftType
4119 Jul 2025AED 890,820787 sq ft1,132Resale
21110 Jun 2025AED 865,000788 sq ft1,098Resale
12327 Jan 2025AED 798,000713 sq ft1,119Resale
22325 Dec 2024AED 800,000710 sq ft1,127Resale
11124 Dec 2024AED 882,000788 sq ft1,119Resale
41015 Oct 2024AED 753,000686 sq ft1,098Resale
11029 Aug 2024AED 764,190690 sq ft1,108Resale
31018 Dec 2023AED 737,500687 sq ft1,074Resale

How we worked out the value

We took the 3 resale sales of units ending 11 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,119). We multiplied it by the size of this unit (788 sq ft). The range uses the middle half of those sales (AED 1,109 to AED 1,126 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 970,700. 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 311 at Majestique Residence 1 worth?

About AED 882,000 (range AED 873,000 to AED 887,000), based on AED 1,119 per sq ft from registered sales up to 9 Oct 2026.

When did unit 311 last sell?

14 Mar 2023, for AED 910,000 (resale). It has 1 registered sale.

What rent can unit 311 make?

A 1 bed in Majestique Residence 1 rents for about AED 62,500 a year (median asking rent). That is a gross yield of 7.1% on the estimate.

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

Unit 310 · Unit 312