Unit 1001, DAMAC Majestine: what it sold for and what it is worth now

Unit 1001 at DAMAC Majestine is a studio of 498 sq ft. It last sold for AED 820,000 on 24 Mar 2025. At AED 1,719 per sq ft, from 22 sales in the building in the last 12 months (studio), it is worth about AED 856,000 today.

Value todayAED 856,000AED 762,000 to AED 894,000
Last saleAED 820,00024 Mar 2025 · Resale
Change since last sale+4.4%Building trend alone: AED 766,484
Rent (median asking, studio)AED 60,000Gross yield 7.0%
Bedroomsstudio
Size498 sq ft
Floor10 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingDAMAC Majestine by DAMAC Properties, handed over 2018
Registered sales of this unit1

Every registered sale of unit 1001

DatePriceSizeAED/sq ftType
24 Mar 2025AED 820,000498 sq ft1,647Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
190130 Oct 2024AED 1,650,000969 sq ft1,703Resale
5019 Oct 2023AED 934,920499 sq ft1,874Resale
110118 May 2023AED 720,000499 sq ft1,443Resale
19019 Jan 2023AED 1,804,180969 sq ft1,862Resale
160128 Sep 2022AED 650,000499 sq ft1,303Resale
8015 Sep 2022AED 640,000499 sq ft1,283Resale
110116 Aug 2021AED 753,690499 sq ft1,510Resale

Latest studio sales in DAMAC Majestine

UnitDatePriceSizeAED/sq ftType
141215 Sep 2026AED 740,000475 sq ft1,558Resale
71620 Aug 2026AED 740,000430 sq ft1,721Resale
140525 Jun 2026AED 750,000493 sq ft1,521Resale
7099 Jun 2026AED 830,000617 sq ft1,345Resale
160921 Apr 2026AED 887,316612 sq ft1,450Resale
15177 Apr 2026AED 820,000481 sq ft1,705Resale
716A6 Apr 2026AED 695,000479 sq ft1,451Resale
1411A30 Mar 2026AED 825,000461 sq ft1,790Resale

How we worked out the value

We took the 22 sales in DAMAC Majestine in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,719). We multiplied it by the size of this unit (498 sq ft). The range uses the middle half of those sales (AED 1,530 to AED 1,796 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 766,484. Floor, view, condition and upgrades can move the price either way. Sales data to 15 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 1001 at DAMAC Majestine worth?

About AED 856,000 (range AED 762,000 to AED 894,000), based on AED 1,719 per sq ft from registered sales up to 15 Sep 2026.

When did unit 1001 last sell?

24 Mar 2025, for AED 820,000 (resale). It has 1 registered sale.

What rent can unit 1001 make?

A studio in DAMAC Majestine rents for about AED 60,000 a year (median asking rent). That is a gross yield of 7.0% on the estimate.

Sales alert for DAMAC MajestineAll sales in DAMAC Majestine

Unit 919 · Unit 1001A