Project · #2585 by 12M value
Majestique Residence 1
Market bulletin · Thu, 22 Oct 2026
Majestique Residence 1: 1 sales worth AED 500K in 30 days
Majestique Residence 1 recorded 1 sale worth AED 500K in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 1 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Dubai South Residential District, Majestique Residence 1 ranked #11 of 11 leading projects by 12-month sales value; it is developed by Credo Investments. Its first registered sale was on 10 October 2025.
Leases registered in the last three months had a median annual rent of AED 68K. The best gross yield is on 2 BR apartments at about 7.2%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | AED 1,205 |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 1 |
| Feb 26 | 0 | 0 | 1 |
| Jan 26 | 0 | 0 | 6 |
| Dec 25 | 0 | 0 | 4 |
| Nov 25 | 0 | 0 | 3 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | — | AED 500K | — | — |
| Last 3 months | 2 | — | AED 1.00M | — | — |
| Last 6 months | 2 | down 86.7% | AED 1.00M | — | — |
| Last 12 months | 17 | up 466.7% | AED 17.1M | 1,210 | — |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 17 | 100% | AED 1.08M | 1,210 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 3 | 18% | — | — | — |
| 2 bedrooms | 14 | 82% | AED 1.10M | 1,199 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 17 | 100% | AED 1.08M | 1,210 | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | AED 49K |
| Nov 25 | — |
| Oct 25 | — |
- Leases (12M)
- 79
- New leases
- 69.6%
- Median rent 3M
- AED 68K
- Rent/sqft 3M
- AED 84
| 2 BR apartments | AED 80K / AED 1.10M | 7.2% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 22 | AED 42K | AED 43K | 100 |
| 2 BR | 34 | AED 80K | AED 83K | 85 |
Competing projects in Dubai South Residential District
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| The Pulse Beachfront 3Dubai South Properties | 50 | 1,270 | — |
| Windsor House 2 Building AEllington Properties Development | 137 | 1,541 | — |
| Windsor House 2 Building BEllington Properties Development | 128 | 1,540 | — |
| South Square Building 1Dubai South Properties | 114 | 1,656 | — |
| The Pulse Beachfront 1Dubai South Properties | 39 | 1,301 | — |
| Avenew 888 LoomAvenew Real Estate Development | 117 | 1,664 | up 9.2% |
| South Square Building 3Dubai South Properties | 58 | 1,400 | — |
| The Pulse Beachfront 2Dubai South Properties | 21 | 1,357 | — |
| Enre Residence by ImtiazImtiaz Real Estate Investment And Development | 64 | 1,500 | up 2.5% |
| South Bay 6 PremiumDubai South Properties | 12 | 1,230 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 500K | Studio Apartment · 399 sqftMajestique Residence 1 · Dubai South Residential District | 28 Jul |
| AED 500K | Studio Apartment · 380 sqftMajestique Residence 1 · Dubai South Residential District | 9 Oct |
Questions about Majestique Residence 1
How many properties were sold in Majestique Residence 1 in the last year?
17 sales worth AED 17.1M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Majestique Residence 1?
The median annual rent on leases registered in the last three months was AED 68K, and the best gross rental yield is about 7.2%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
BT AI Market Desk
Get every brief in your inbox
Create a free BT AI account to receive the daily, weekly and monthly reports by email, and search every Dubai Land Department sale and rental behind them.