Unit 427, Majestique Residence 1: what it sold for and what it is worth now

Unit 427 at Majestique Residence 1 is a studio of 380 sq ft. It last sold for AED 480,000 on 25 Nov 2024. At AED 1,276 per sq ft, from 3 sales of units ending 27 (same position in the tower), it is worth about AED 485,000 today.

Value todayAED 485,000AED 483,000 to AED 493,000
Last saleAED 480,00025 Nov 2024 · Resale
Change since last sale+1.0%Building trend alone: AED 521,370
Rent (median asking, studio)AED 43,495Gross yield 9.0%
Bedroomsstudio
Size380 sq ft
Floor4 (from the unit number)
Position in the towerStack 27: units ending 27 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 427

DatePriceSizeAED/sq ftType
25 Nov 2024AED 480,000380 sq ft1,263Resale

Units ending 27 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
1279 Oct 2026AED 500,000380 sq ft1,316Resale
22720 Oct 2025AED 485,000380 sq ft1,276Resale
3279 Mar 2023AED 428,622380 sq ft1,128Resale
2277 Feb 2023AED 429,240380 sq ft1,130Resale
12719 Sep 2021AED 474,999380 sq ft1,250Off-plan

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 3 resale sales of units ending 27 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,276). We multiplied it by the size of this unit (380 sq ft). The range uses the middle half of those sales (AED 1,270 to AED 1,296 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 521,370. 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 427 at Majestique Residence 1 worth?

About AED 485,000 (range AED 483,000 to AED 493,000), based on AED 1,276 per sq ft from registered sales up to 9 Oct 2026.

When did unit 427 last sell?

25 Nov 2024, for AED 480,000 (resale). It has 1 registered sale.

What rent can unit 427 make?

A studio in Majestique Residence 1 rents for about AED 43,495 a year (median asking rent). That is a gross yield of 9.0% on the estimate.

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

Unit 426 · Unit 428