Majestique Residence 1

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Credo Group
124
Total Units
121
Sold
AED 910,000
Median Price
AED 1,150
Median Price /sqft
Construction progress: 100%
Start: Dec, 2019Completion: Apr, 2022

Majestique Residence 1 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio48380 sqft - 500 sqftAED 0.5M (1,250 /sqft)AED 1,750 /sqft
-28.34
1 Bed12690 sqft - 790 sqftAED 1,580 /sqft
0
2 Beds64880 sqft - 1,100 sqftAED 1.1M (1,200 /sqft)AED 1,520 /sqft
-20.9

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
2Apartment, 10911,095 sqft22.11 sqft Check Availability
2Apartment, 1241993 sqft15.22 sqft Check Availability
2Apartment, 2262991 sqft16.37 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment788 sqft15.54 sqft 1AED 882,000AED 1,119 /sqft 24, Dec 2024
1Apartment713 sqft14.35 sqft 1AED 798,000AED 1,119 /sqft 27, Jan 2025
1Apartment690 sqft3.57 sqft 1AED 764,190AED 1,108 /sqft 29, Aug 2024
2Apartment945 sqft11.97 sqft 1AED 1,228,000AED 1,299 /sqft 03, Jul 2025
2Apartment945 sqft11.97 sqft 1AED 1,200,000AED 1,270 /sqft 12, Feb 2026
2Apartment925 sqft12.44 sqft 1AED 1,160,790AED 1,255 /sqft 08, Jan 2026
2Apartment924 sqft9.94 sqft 1AED 1,159,300AED 1,255 /sqft 05, Feb 2026
2Apartment924 sqft9.94 sqft 1AED 1,141,400AED 1,235 /sqft 04, Jul 2025
2Apartment933 sqft11.05 sqft 1AED 1,108,940AED 1,189 /sqft 10, Nov 2025
2Apartment936 sqft11.27 sqft 1AED 1,100,520AED 1,176 /sqft 27, Jan 2026
2Apartment922 sqft12.15 sqft 1AED 1,100,000AED 1,193 /sqft 15, Jan 2026
2Apartment883 sqft6.36 sqft 1AED 1,069,560AED 1,211 /sqft 29, Apr 2025
2Apartment928 sqft10.79 sqft 1AED 1,069,500AED 1,152 /sqft 10, Oct 2025
2Apartment921 sqft12.15 sqft 1AED 1,050,500AED 1,141 /sqft 04, Dec 2025
2Apartment993 sqft15.23 sqft 1AED 1,017,000AED 1,024 /sqft 01, Nov 2023

Majestique Residence 1 Real Estate Data – FAQ

  • What is the current property supply in Majestique Residence 1?

    Majestique Residence 1 has a total residential supply of approximately 48 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Majestique Residence 1?

    Majestique Residence 1 recorded 27 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in Majestique Residence 1?

    The median transaction price in Majestique Residence 1 is AED 1,200 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Majestique Residence 1?

    The gross rental yield in Majestique Residence 1 is approximately 7%, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Majestique Residence 1?

    Property prices in Majestique Residence 1 have shown a capital appreciation of 0% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in Majestique Residence 1?

    There are currently 0 active off-plan projects in Majestique Residence 1, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in Majestique Residence 1?

    The total off-plan pipeline in Majestique Residence 1 includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is Majestique Residence 1 a good area for property investment?

    Majestique Residence 1 is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Majestique Residence 1, this is %, indicating relatively strong income performance compared to global markets.

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