DLD project no. 2137Completed124 units
Majestique Residence 1 ماجيستك رزيدنس 1 Completed 31 December 2021 (DLD) · DLD end date Dec 2021 · DLD register as of 1 November 2026 DLD register as of 1 November 2026. Dates are the ones registered with DLD.
Completed projects cannot be added to My units.
CompletionDLD readings of % built, beside the share of the planned period gone
% built
28 October 2026| Date | % built | Source |
|---|---|---|
| 12 April 2022 | 100% | DLD inspection |
| 14 December 2021 | 93.1% | DLD inspection |
| 14 July 2021 | 73.7% | DLD inspection |
| 22 February 2021 | 57.2% | DLD inspection |
| 17 March 2020 | 45.8% | DLD inspection |
| 2 September 2019 | 24.8% | DLD inspection |
| 12 March 2019 | 11.6% | DLD inspection |
Source: Dubai Land Department projects register, as of 1 November 2026. Earlier readings: archived DLD projects exports of 5 August 2022, 12 May 2024. Source: Dubai Land Department, Project Status inspections (dates and % only), collected on 7 November 2026. DLD Project Status ↗
Site timeline
± 6 monthsEach date is ± 6 months. This is our reading, not DLD's; no image is shown. Read from imagery dated 7 July 2016 to 15 March 2025; method imagery-v1.
Registered period and actual build
Source: DLD projects register. Build time: our calculation from DLD’s start and completion dates.
Changes in the DLD register
No change to the end date, status or % built across the register exports we hold.
Source: DLD projects register exports, compared by CraneScore. Planned dates against DLD's completion date. In 69% of completed projects in the register the completion date and the DLD end date are the same day, which suggests DLD sets the end date at completion, so this comparison can show no gap where there was one.
DLD registration
DLD services ↗Counts from DLD's units register; villas from its buildings register. Sizes: the middle half of the homes' registered areas (25th to 75th percentile), villas by built-up area. Source: Dubai Land Department open data (units and buildings registers, export of 5 November 2026), under the Dubai Data Open Data Licence.
Description in the DLD register: 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.
DLD's own services for this project, including the Dubai REST app: dubailand.gov.ae
Price historyRegistered sale prices for this project, in AED per sq ft, with the number of sales in each figure.
AED · sqft
Fewer than 5 sales with a size were registered in the first 90 days, so no launch price is shown.
Prices are over apartments, the type most sales in this project are.
| Bedrooms | Sales, 24 months | Latest median AED/sqft | Latest sales |
|---|---|---|---|
| Studio | 12 | 1,253 (5) | Nov 2025 – Nov 2026 |
| 1 BR | 5 | — | — |
| 2 BR | 36 | 1,200 (20) | Nov 2025 – Nov 2026 |
Launch price: median AED/sqft of the project's off-plan home sales in the 90 days from its first one, for a first sale on or after 1 March 2020; Skyline Index uses the same rule. Latest: home sales of the last 12 months after the launch window, ready and off-plan; the change compares the same home types. The bedroom table compares the launch window with the last 6 months (12 when 6 have fewer than 5 sales). Off-plan registrations include developer sales and resales; DLD open data does not tell them apart. Sales more than 4 times off the median are left out.
Median AED/sqft by quarter
2020-Q3 → 2026-Q4| Quarter | Registered sales | Median AED/sqft | DLD area Madinat Al Mataar |
|---|---|---|---|
| 2020-Q3 | 1 (off-plan 1, ready 0) | — | 646 |
| 2021-Q3 | 4 (off-plan 4, ready 0) | — | 702 |
| 2022-Q4 | 3 (off-plan 0, ready 3) | — | 692 |
| 2023-Q1 | 6 (off-plan 0, ready 6) | 1,071 | 707 |
| 2023-Q2 | 5 (off-plan 0, ready 5) | 1,174 | 716 |
| 2023-Q3 | 9 (off-plan 0, ready 9) | 1,113 | 830 |
| 2023-Q4 | 9 (off-plan 0, ready 9) | 1,156 | 780 |
| 2024-Q1 | 2 (off-plan 0, ready 2) | — | 790 |
| 2024-Q2 | 10 (off-plan 0, ready 10) | 1,065 | 825 |
| 2024-Q3 | 22 (off-plan 0, ready 22) | 1,103 | 845 |
| 2024-Q4 | 16 (off-plan 0, ready 16) | 1,111 | 934 |
| 2025-Q1 | 5 (off-plan 0, ready 5) | 1,096 | 1,003 |
| 2025-Q2 | 5 (off-plan 0, ready 5) | 1,143 | 1,017 |
| 2025-Q3 | 7 (off-plan 0, ready 7) | 1,175 | 1,037 |
| 2025-Q4 | 10 (off-plan 0, ready 10) | 1,152 | 1,002 |
| 2026-Q1 | 10 (off-plan 0, ready 10) | 1,220 | 1,131 |
| 2026-Q2 | 2 (off-plan 0, ready 2) | — | 1,075 |
| 2026-Q3 | 5 (off-plan 0, ready 5) | 1,098 | 1,087 |
| 2026-Q4 | 1 (off-plan 0, ready 1) | — | 1,016 |
Median AED/sqft of registered sales per quarter (apartments). Source: DLD. Grey dashed line: DLD area Madinat Al Mataar, median AED/sqft of ready sales of apartments by quarter. A quarter with fewer than 5 sales is left as a gap. The last quarter runs to 5 November 2026.
Registered sales per quarter
| Quarter | Registered sales | Median AED/sqft | DLD area Madinat Al Mataar |
|---|---|---|---|
| 2020-Q3 | 1 (off-plan 1, ready 0) | — | 646 |
| 2021-Q3 | 4 (off-plan 4, ready 0) | — | 702 |
| 2022-Q4 | 3 (off-plan 0, ready 3) | — | 692 |
| 2023-Q1 | 6 (off-plan 0, ready 6) | 1,071 | 707 |
| 2023-Q2 | 5 (off-plan 0, ready 5) | 1,174 | 716 |
| 2023-Q3 | 9 (off-plan 0, ready 9) | 1,113 | 830 |
| 2023-Q4 | 9 (off-plan 0, ready 9) | 1,156 | 780 |
| 2024-Q1 | 2 (off-plan 0, ready 2) | — | 790 |
| 2024-Q2 | 10 (off-plan 0, ready 10) | 1,065 | 825 |
| 2024-Q3 | 22 (off-plan 0, ready 22) | 1,103 | 845 |
| 2024-Q4 | 16 (off-plan 0, ready 16) | 1,111 | 934 |
| 2025-Q1 | 5 (off-plan 0, ready 5) | 1,096 | 1,003 |
| 2025-Q2 | 5 (off-plan 0, ready 5) | 1,143 | 1,017 |
| 2025-Q3 | 7 (off-plan 0, ready 7) | 1,175 | 1,037 |
| 2025-Q4 | 10 (off-plan 0, ready 10) | 1,152 | 1,002 |
| 2026-Q1 | 10 (off-plan 0, ready 10) | 1,220 | 1,131 |
| 2026-Q2 | 2 (off-plan 0, ready 2) | — | 1,075 |
| 2026-Q3 | 5 (off-plan 0, ready 5) | 1,098 | 1,087 |
| 2026-Q4 | 1 (off-plan 0, ready 1) | — | 1,016 |
Registered sales per quarter, off-plan and ready units. Source: DLD.
Rents and gross yield
New Ejari rent contracts for apartments in this project, 12 months to 5 November 2026, against the 12 months before. Gross yield: the median annual rent over the median registered ready sale price of the same bedroom count in this project over the same 12 months.
| Bedrooms | Median annual rent | New contracts | Change on a year earlier | Gross yield |
|---|---|---|---|---|
| Studio | AED 43,000 | 13 | +2.4% | — |
| 1 BR | AED 60,000 | 8 | 0% | — |
| 2 BR | AED 79,000 | 30 | -1.2% | 7.2% |
Gross yield is before service charges, other costs and empty months.
New single-unit contracts only; renewals and contracts over several units are left out. A bedroom count shows from 5 contracts, a change needs 5 in both years and a yield 10 ready sales.
Source: Dubai Land Department open data (Ejari rent contracts and registered sales), under the Dubai Data Open Data Licence.
Mortgage registrations
Home mortgages DLD has registered on units in this project, per quarter, in the 12 quarters to 5 November 2026.
| Quarter | Mortgage registrations |
|---|---|
| 2024-Q1 | 0 |
| 2024-Q2 | 0 |
| 2024-Q3 | 1 |
| 2024-Q4 | 1 |
| 2025-Q1 | 0 |
| 2025-Q2 | 1 |
| 2025-Q3 | 0 |
| 2025-Q4 | 3 |
| 2026-Q1 | 0 |
| 2026-Q2 | 1 |
| 2026-Q3 | 1 |
| 2026-Q4 | 0 |
Mortgage registrations on homes per quarter. Source: DLD.
Mortgage registrations in the last 4 quarters (2026-Q1 to 2026-Q4): 2; the amount shows from 5 registrations.
Since the first registration in 2024-Q3: 8 in all.
Counts DLD's mortgage registrations on homes in this project, including pre-registrations on off-plan units and lease-to-own registrations; portfolio and developer mortgages are left out. Amounts are the values DLD registers, shown for 5 registrations or more. A registration says nothing about the lender or the terms.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence. DLD Transactions dataset · Licence
Registered sales
The newest sales DLD has registered in this project, as DLD publishes them.
| Date | Market | Type | Size (sqft) | Price (AED) | AED/sqft |
|---|---|---|---|---|---|
| 9 October 2026 | ready | Apartment · Studio | 380 | 500,000 | 1,316 |
| 2 September 2026 | ready | Apartment · 2 BR | 989 | 1,101,580 | 1,114 |
| 2 September 2026 | ready | Apartment · Studio | 396 | 427,120 | 1,079 |
| 18 August 2026 | ready | Apartment · 2 BR | 987 | 956,840 | 969 |
| 18 August 2026 | ready | Apartment · Studio | 396 | 434,625 | 1,098 |
| 28 July 2026 | ready | Apartment · Studio | 399 | 500,000 | 1,253 |
| 29 June 2026 | ready | Apartment · 2 BR | 934 | 1,235,000 | 1,322 |
| 25 May 2026 | ready | Apartment · 2 BR | 942 | 1,150,000 | 1,221 |
| 16 March 2026 | ready | Apartment · Studio | 395 | 565,000 | 1,430 |
| 24 February 2026 | ready | Apartment · 2 BR | 995 | 1,298,000 | 1,305 |
Each sale as DLD registers it. Off-plan registrations include developer sales and resales, which DLD open data does not tell apart. DLD publishes no buyer or seller names. Shown on this page only, not as a download.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence. DLD Transactions dataset · Licence
LocationMadinat Al Mataar · Dubai Municipality community
Places near the project
Straight-line distances from the project’s map pin, rounded to 10 m. The nearest place of each kind.
Dubai Municipality · Makani · © OpenStreetMap contributors · RTA
New homes within 1.5 km
Open projects within 1.5 km of the pin: 67, with 6,791 units and villas.
| DLD end year | Projects | Units and villas |
|---|---|---|
| 2019 | 1 | 108 |
| 2025 | 2 | 113 |
| 2026 | 10 | 575 |
| 2027 | 23 | 1,129 |
| 2028 | 17 | 2,121 |
| 2029 | 9 | 2,455 |
| 2030 | 1 | 290 |
| No end date | 4 | 0 |
Open projects within 1.5 km of the pin, by DLD end year Highlighted: this project’s DLD end year.
Open projects in Madinat Al Mataar: 168
Open projects in the same DLD area, by registered sales in 24 months.
| Project | Built | DLD end date | AED/sqft, 12 mo | Sales, 24 mo |
|---|---|---|---|---|
| Azizi Venice 14 | 30.3% | May 2026 | 1,649 | 2,546 |
| Azizi Venice 6 | 11.6% | Dec 2027 | 2,032 | 1,302 |
| Azizi Venice 7 | 29.2% | Jan 2026 | 1,849 | 1,180 |
| Terra Heights | 9.1% | Mar 2029 | 1,994 | 1,017 |
| Azizi Venice 15 | 0% | May 2027 | 1,715 | 904 |
| azizi venice 13 | 45.9% | Sep 2027 | 1,675 | 797 |
| Azizi Venice 10 | 36.3% | — | 1,707 | 776 |
| azizi venice 12 | 21.6% | Sep 2027 | 1,685 | 753 |
| Azizi Venice 11 | 25.9% | Aug 2027 | 1,667 | 696 |
| Terra Gardens | 0.1% | Oct 2029 | 2,127 | 544 |
| Terra Woods | 0% | Mar 2030 | 2,200 | 505 |
| South Square | 2.6% | Jun 2028 | 1,473 | 428 |
AED/sqft: median of the project’s registered home sales in the last 12 months, ready and off-plan; a dash with too few sales.
Developer in DLD data Credo Investments F Z E · DLD developer no. 356
Completed a month or more after their DLD end date: 0 of 5 completed projects with both dates. In 4 of them the completion date equals the DLD end date, which DLD may set at completion, so this count can understate the gap.
Source: DLD projects register, export of 1 November 2026. Medians: our calculation, 3 projects or more.
Other projects in Dubai South Residential District
DLD lists 119 projects in the master project Dubai South Residential District.
Questions about Majestique Residence 1
When was Majestique Residence 1 completed?
Majestique Residence 1 is recorded as completed on 31 December 2021 (DLD register of 1 November 2026).
Who is the developer of Majestique Residence 1?
Credo Investments F Z E, as registered with DLD.
What is the DLD project number of Majestique Residence 1?
2137.
Source: Dubai Land Department open data: projects register (export of 1 November 2026) and registered sales to 5 November 2026; Dubai Statistics Center price index. Methodology · Report a data error