Unit 404, Majestique Residence 1: what it sold for and what it is worth now

Unit 404 at Majestique Residence 1 is a 2 bed of 997 sq ft. It last sold for AED 1,062,000 on 1 May 2024. At AED 1,199 per sq ft, from 22 sales in the building in the last 12 months (2 bed), it is worth about AED 1,196,000 today.

Value todayAED 1,196,000AED 1,147,000 to AED 1,217,000
Last saleAED 1,062,0001 May 2024 · Resale
Change since last sale+12.6%Building trend alone: AED 1,165,968
Rent (median asking, 2 bed)AED 80,000Gross yield 6.7%
Bedrooms2 bed
Size997 sq ft
Floor4 (from the unit number)
Position in the towerStack 04: units ending 04 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 404

DatePriceSizeAED/sq ftType
1 May 2024AED 1,062,000997 sq ft1,065Resale

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20423 Feb 2026AED 1,298,000995 sq ft1,305Resale
30431 Oct 2023AED 975,000998 sq ft977Resale
10413 Oct 2022AED 947,599925 sq ft1,024Resale

Latest 2 bed sales in Majestique Residence 1

UnitDatePriceSizeAED/sq ftType
2081 Sep 2026AED 1,101,581989 sq ft1,114Resale
23018 Aug 2026AED 956,840987 sq ft969Resale
40629 Jun 2026AED 1,235,000934 sq ft1,322Resale
22922 May 2026AED 1,150,000942 sq ft1,221Resale
20423 Feb 2026AED 1,298,000995 sq ft1,305Resale
12912 Feb 2026AED 1,200,000945 sq ft1,270Resale
1265 Feb 2026AED 1,159,300924 sq ft1,255Resale
21230 Jan 2026AED 1,124,000929 sq ft1,210Resale

How we worked out the value

We took the 22 sales in Majestique Residence 1 in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 1,199). We multiplied it by the size of this unit (997 sq ft). The range uses the middle half of those sales (AED 1,150 to AED 1,221 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,165,968. 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 404 at Majestique Residence 1 worth?

About AED 1,196,000 (range AED 1,147,000 to AED 1,217,000), based on AED 1,199 per sq ft from registered sales up to 9 Oct 2026.

When did unit 404 last sell?

1 May 2024, for AED 1,062,000 (resale). It has 1 registered sale.

What rent can unit 404 make?

A 2 bed in Majestique Residence 1 rents for about AED 80,000 a year (median asking rent). That is a gross yield of 6.7% on the estimate.

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

Unit 403 · Unit 405