
Sold Prices · DLD Data
Madinat Al Mataar, Dubai · Dubai South Residential District
AED 1,216
Avg Price / sqft
AED 953K
Avg Sale Price
18
DLD Sales Recorded
6.2%
Est. Gross Yield
Market snapshot
Majestique Residence 1 is a residential building in Madinat Al Mataar, Dubai with approximately 124 units. Dubai Land Department records show 18 sales in the building, at an average price of AED 953K — around AED 1,216 per square foot.
Since January 2026, 13 sales completed in Majestique Residence 1, with the average price per square foot moving from AED 1,209 to AED 1,096 (-9.3%). That softening can open negotiating room for buyers.
Benchmarked against average residential rents in Madinat Al Mataar, a typical unit in Majestique Residence 1 returns an estimated 6.2% gross rental yield before service charges — a useful starting point for investors comparing towers across Madinat Al Mataar.
Figures are from Dubai Land Department transaction records for Majestique Residence 1; individual units vary by floor, view and finish. Gross yield is estimated against average Madinat Al Mataar residential rents, before service charges.
Price trend
Average sale price per sqft by month since January 2026 (single-sale months excluded)-9.3%
Unit types
Studio
AED 485K
AED 1,235/sqft
5 sales · last 12 months
2 Bed
AED 1.1M
AED 1,208/sqft
13 sales · last 12 months
Transactions
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 09 Oct 2026 | Sales | 0 | 380 | AED 500K | AED 1,316 |
| 01 Sept 2026 | Sales | 2 | 989 | AED 1.1M | AED 1,114 |
| 01 Sept 2026 | Sales | 0 | 396 | AED 427K | AED 1,078 |
| 18 Aug 2026 | Sales | 0 | 396 | AED 435K | AED 1,097 |
| 18 Aug 2026 | Sales | 2 | 987 | AED 957K | AED 969 |
| 28 Jul 2026 | Sales | 0 | 399 | AED 500K | AED 1,253 |
| 29 Jun 2026 | Sales | 2 | 934 | AED 1.2M | AED 1,322 |
| 22 May 2026 | Sales | 2 | 942 | AED 1.1M | AED 1,221 |
| 13 Mar 2026 | Sales | 0 | 395 | AED 565K | AED 1,429 |
| 23 Feb 2026 | Sales | 2 | 995 | AED 1.3M | AED 1,304 |
| 12 Feb 2026 | Sales | 2 | 945 | AED 1.2M | AED 1,270 |
| 05 Feb 2026 | Sales | 2 | 924 | AED 1.2M | AED 1,254 |
| 30 Jan 2026 | Sales | 2 | 929 | AED 1.1M | AED 1,210 |
| 27 Jan 2026 | Sales | 2 | 936 | AED 1.1M | AED 1,176 |
| 27 Jan 2026 | Sales | 2 | 883 | AED 1.1M | AED 1,220 |
| 15 Jan 2026 | Sales | 2 | 922 | AED 1.1M | AED 1,193 |
| 15 Jan 2026 | Sales | 2 | 883 | AED 1.1M | AED 1,200 |
| 08 Jan 2026 | Sales | 2 | 925 | AED 1.2M | AED 1,254 |
About the area
Dubai South is an emerging urban development that aims to create a dynamic environment for residents and businesses alike. Spanning 145 square kilometers, this master-planned community is developed by Dubai South and is ideally situated near Al Maktoum International Airport, providing seamless access to major transport routes.
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FAQ
The average recorded sale price in Majestique Residence 1, Madinat Al Mataar is AED 953K, around AED 1,216 per square foot, based on Dubai Land Department transaction data.
Average sale prices in Majestique Residence 1 have eased -9.3% per square foot since January 2026, across 13 DLD-recorded sales.
Based on average Madinat Al Mataar residential rents against sale prices in the building, a typical unit in Majestique Residence 1 yields roughly 6.2% gross per year, before service charges and fees.
18 sales have been recorded in Majestique Residence 1 according to DLD data, across approximately 124 units.
Get honest, DLD-backed guidance on pricing, yields and availability in Madinat Al Mataar from Binayah's advisors — no pressure, just the numbers.