Project · Transactions · 2024

Majestique Residence 1 Property Transactions 2024

50 property sales worth ⃃ 38.5M were registered in Majestique Residence 1 in 2024, 72.4% higher than 2023 by number of sales. The median sale price was ⃃ 841,000 and the median price per square foot ⃃ 1,097 (−4.2% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 50 salesUpdated: 18 Oct 2026
Property sales
50
+72.4% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 38.5M
+105.7% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 841,000
+76.1% vs 2023
50 sales
Median price per sq ft
⃃ 1,097
−4.2% vs 2023
50 sales

What types of property sold in Majestique Residence 1 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments50100%⃃ 38.5M⃃ 841,000⃃ 1,097

How were 2024 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)4794%⃃ 35.92M⃃ 800,000⃃ 1,097
Resale (secondary)36%⃃ 2.58M⃃ 1,043,450⃃ 1,111
Ready50100%⃃ 38.5M⃃ 841,000⃃ 1,097

How many rental contracts were registered in Majestique Residence 1 in 2024?

51 rental contracts (new and renewed) were registered in Majestique Residence 1 in 2024, at a median annual rent of ⃃ 42,000 (+29.2% on 2023). Rental yields in Majestique Residence 1

What were the most expensive property sales in Majestique Residence 1 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
02/05/2024Majestique Residence 12 beds · Apartment1,095 sq ft⃃ 1,182,000Primary · Ready
02/05/2024Majestique Residence 12 beds · Apartment1,095 sq ft⃃ 1,177,000Primary · Ready
11/09/2024Majestique Residence 12 beds · Apartment1,095 sq ft⃃ 1,100,000Resale · Ready
01/05/2024Majestique Residence 12 beds · Apartment997 sq ft⃃ 1,062,000Primary · Ready
30/09/2024Majestique Residence 12 beds · Apartment1,095 sq ft⃃ 1,061,530Primary · Ready
01/05/2024Majestique Residence 12 beds · Apartment989 sq ft⃃ 1,053,000Primary · Ready
28/03/2024Majestique Residence 12 beds · Apartment991 sq ft⃃ 1,045,888Primary · Ready
28/11/2024Majestique Residence 12 beds · Apartment934 sq ft⃃ 1,043,450Resale · Ready
03/06/2024Majestique Residence 12 beds · Apartment990 sq ft⃃ 1,037,000Primary · Ready
06/09/2024Majestique Residence 12 beds · Apartment934 sq ft⃃ 1,030,303Primary · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
25/12/2024Majestique Residence 11 bed · Apartment710 sq ft⃃ 800,000Primary · Ready
24/12/2024Majestique Residence 11 bed · Apartment788 sq ft⃃ 882,000Primary · Ready
16/12/2024Majestique Residence 1Studio · Apartment396 sq ft⃃ 440,000Resale · Ready
28/11/2024Majestique Residence 12 beds · Apartment934 sq ft⃃ 1,043,450Resale · Ready
26/11/2024Majestique Residence 12 beds · Apartment923 sq ft⃃ 993,570Primary · Ready
26/11/2024Majestique Residence 12 beds · Apartment923 sq ft⃃ 993,570Primary · Ready
25/11/2024Majestique Residence 1Studio · Apartment380 sq ft⃃ 480,000Primary · Ready
06/11/2024Majestique Residence 12 beds · Apartment935 sq ft⃃ 975,810Primary · Ready
18/10/2024Majestique Residence 12 beds · Apartment991 sq ft⃃ 970,140Primary · Ready
15/10/2024Majestique Residence 11 bed · Apartment686 sq ft⃃ 753,000Primary · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2024 with the whole of 2023.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/majestique-residence-1/2024
Majestique Residence 1 Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/majestique-residence-1/2024

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Majestique Residence 1 in 2024?
50 property sales worth ⃃ 38,501,771 were registered in Majestique Residence 1 in 2024. That is 72.4% higher than 2023.
What was the median property price in Majestique Residence 1 in 2024?
The median sale price was ⃃ 841,000 and the median price per square foot ⃃ 1,097 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Majestique Residence 1 were off-plan or from developers?
Developer (primary) sales were 94% of the 50 sales and resales 6%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/majestique-residence-1/2024