Unit 1318, DAMAC Majestine: what it sold for and what it is worth now

Unit 1318 at DAMAC Majestine is a studio of 480 sq ft. It last sold for AED 654,000 on 10 Feb 2023. At AED 1,719 per sq ft, from 22 sales in the building in the last 12 months (studio), it is worth about AED 825,000 today.

Value todayAED 825,000AED 735,000 to AED 862,000
Last saleAED 654,00010 Feb 2023 · Resale
Change since last sale+26.1%Building trend alone: AED 590,017
Rent (median asking, studio)AED 60,000Gross yield 7.3%
Bedroomsstudio
Size480 sq ft
Floor13 (from the unit number)
Position in the towerStack 18: units ending 18 share the same layout and view
BuildingDAMAC Majestine by DAMAC Properties, handed over 2018
Registered sales of this unit1

Every registered sale of unit 1318

DatePriceSizeAED/sq ftType
10 Feb 2023AED 654,000480 sq ft1,363Resale

Units ending 18 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
71829 Jan 2026AED 830,000479 sq ft1,733Resale
121830 Oct 2024AED 800,000480 sq ft1,667Resale
61829 Aug 2024AED 900,000480 sq ft1,875Resale
181813 Feb 2023AED 1,806,000953 sq ft1,895Resale
6185 Oct 2022AED 670,000480 sq ft1,396Resale
61826 Apr 2022AED 565,000480 sq ft1,177Resale
101821 Apr 2022AED 550,000479 sq ft1,148Resale

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 (480 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 590,017. 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 1318 at DAMAC Majestine worth?

About AED 825,000 (range AED 735,000 to AED 862,000), based on AED 1,719 per sq ft from registered sales up to 15 Sep 2026.

When did unit 1318 last sell?

10 Feb 2023, for AED 654,000 (resale). It has 1 registered sale.

What rent can unit 1318 make?

A studio in DAMAC Majestine rents for about AED 60,000 a year (median asking rent). That is a gross yield of 7.3% on the estimate.

Sales alert for DAMAC MajestineAll sales in DAMAC Majestine

Unit 1317A · Unit 1318A