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MAJESTIQUE RESIDENCE 1

Completed

Developed by CREDO INVESTMENTS F Z E. Located in Madinat Al Mataar.

Construction progress100%Expected 31 Dec 2021
Units1241 buildings · 0 villas
Registered sales12926 in the last 12 months
Median sale priceAED 910KMedian of registered salesAED 1,146/sqft

Registry record

Project number
2137
Name on the register
ماجيستك رزيدنس 1
Developer
CREDO INVESTMENTS F Z E
Master developer
مؤسسه مدينه دبى للطيران
Escrow agent
ABU DHABI COMMERCIAL BANK
Zoning authority
Dubai South
Master project
Dubai South Residential District
Start date
1 Aug 2018
Expected completion
31 Dec 2021
Actual completion
31 Dec 2021
Cancelled
Not recorded
Plots
0
Progress
100%

PROJECT CONSISTS OF (G+4) RESIDENTIAL BUILDING LOCATED IN MADINAT AL MATAAR. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Sales evidence

Median size
883 sqft
Median price per sqft
AED 1,146/sqft
Total value transacted
AED 103.32M
Off-plan vs ready
5 off-plan · 124 ready
First sale
16 Jul 2020
Latest sale
18 Aug 2026

Service charges (2023)

The owner-association charge approved by the Land Department, broken down by cost category. Totalling AED 16 per square foot per year — the recurring cost of ownership that an asking price never shows.

CategoryUsageManaged byAED/sqft
ServicesResidentialSTAR OWNERS ASSOCIATIONS MANAGEMENT3.00
Reserved FundResidentialSTAR OWNERS ASSOCIATIONS MANAGEMENT1.00
MaintenanceResidentialSTAR OWNERS ASSOCIATIONS MANAGEMENT3.00
Utilities ServicesResidentialSTAR OWNERS ASSOCIATIONS MANAGEMENT7.00
Management ServicesResidentialSTAR OWNERS ASSOCIATIONS MANAGEMENT1.00
InsuranceResidentialSTAR OWNERS ASSOCIATIONS MANAGEMENT0.00
Master CommunityResidentialSTAR OWNERS ASSOCIATIONS MANAGEMENT1.00

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
18 Aug 2026Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R987 sqftAED 969/sqftAED 956,840
18 Aug 2026Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting PropertiesStudio396 sqftAED 1,097/sqftAED 434,625
28 Jul 2026Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting PropertiesStudio399 sqftAED 1,253/sqftAED 500,000
29 Jun 2026Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R934 sqftAED 1,322/sqftAED 1,235,000
25 May 2026Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R942 sqftAED 1,221/sqftAED 1,150,000
16 Mar 2026Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting PropertiesStudio395 sqftAED 1,429/sqftAED 565,000
24 Feb 2026Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R995 sqftAED 1,304/sqftAED 1,298,000
12 Feb 2026Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R945 sqftAED 1,270/sqftAED 1,200,000
6 Feb 2026Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R924 sqftAED 1,254/sqftAED 1,159,300
30 Jan 2026Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R929 sqftAED 1,210/sqftAED 1,124,000
28 Jan 2026Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R883 sqftAED 1,220/sqftAED 1,077,000
28 Jan 2026Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R936 sqftAED 1,176/sqftAED 1,100,520
16 Jan 2026Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R922 sqftAED 1,193/sqftAED 1,100,000
15 Jan 2026Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R883 sqftAED 1,201/sqftAED 1,060,000
9 Jan 2026Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R925 sqftAED 1,254/sqftAED 1,160,790
23 Dec 2025Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R1,095 sqftAED 978/sqftAED 1,070,000
16 Dec 2025Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R931 sqftAED 1,210/sqftAED 1,125,950
15 Dec 2025Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R923 sqftAED 1,198/sqftAED 1,105,800
5 Dec 2025Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R922 sqftAED 1,140/sqftAED 1,050,500
21 Nov 2025Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R884 sqftAED 1,210/sqftAED 1,069,650
11 Nov 2025Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R935 sqftAED 1,149/sqftAED 1,075,000
10 Nov 2025Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R933 sqftAED 1,188/sqftAED 1,108,940
20 Oct 2025Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting PropertiesStudio380 sqftAED 1,277/sqftAED 485,000
15 Oct 2025Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R942 sqftAED 1,114/sqftAED 1,050,000
13 Oct 2025Madinat Al MataarMAJESTIQUE RESIDENCE 1Dubai South Residential DistrictFlatExisting Properties2 B/R928 sqftAED 1,152/sqftAED 1,069,500

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.