Project · Transactions · 2022

Majestique Residence 1 Property Transactions 2022

3 property sales worth ⃃ 1.9M were registered in Majestique Residence 1 in 2022, 25.0% lower than 2021 by number of sales. The median sale price was ⃃ 515,000 and the median price per square foot ⃃ 1,034 (−10.5% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 3 salesUpdated: 13 Nov 2026
Property sales
3
−25.0% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 1.9M
−35.1% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 515,000
−29.5% vs 2021
3 sales
Median price per sq ft
⃃ 1,034
−10.5% vs 2021
3 sales

What types of property sold in Majestique Residence 1 in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments3100%⃃ 1.9M⃃ 515,000⃃ 1,034

How were 2022 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)3100%⃃ 1.9M⃃ 515,000⃃ 1,034
Ready3100%⃃ 1.9M⃃ 515,000⃃ 1,034

How many rental contracts were registered in Majestique Residence 1 in 2022?

45 rental contracts (new and renewed) were registered in Majestique Residence 1 in 2022, at a median annual rent of ⃃ 52,008. Rental yields in Majestique Residence 1

What were the most expensive property sales in Majestique Residence 1 in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
13/10/2022Majestique Residence 12 beds · Apartment925 sq ft⃃ 947,599Primary · Ready
03/11/2022Majestique Residence 1Studio · Apartment498 sq ft⃃ 515,000Primary · Ready
13/10/2022Majestique Residence 1Studio · Apartment377 sq ft⃃ 440,999Primary · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
03/11/2022Majestique Residence 1Studio · Apartment498 sq ft⃃ 515,000Primary · Ready
13/10/2022Majestique Residence 1Studio · Apartment377 sq ft⃃ 440,999Primary · Ready
13/10/2022Majestique Residence 12 beds · Apartment925 sq ft⃃ 947,599Primary · 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 2022 with the whole of 2021.
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-1/2022
Majestique Residence 1 Property Transactions 2022. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/majestique-residence-1/2022

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 2022?
3 property sales worth ⃃ 1,903,598 were registered in Majestique Residence 1 in 2022. That is 25.0% lower than 2021.
What was the median property price in Majestique Residence 1 in 2022?
The median sale price was ⃃ 515,000 and the median price per square foot ⃃ 1,034 (1 Jan – 31 Dec 2022).

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/majestique-residence-1/2022