Unit 1503B, DAMAC Majestine: what it sold for and what it is worth now

Unit 1503B at DAMAC Majestine is a 1 bed of 820 sq ft. It last sold for AED 1,237,740 on 4 Feb 2022. At AED 1,465 per sq ft, from 11 sales in the building in the last 12 months (1 bed), it is worth about AED 1,202,000 today.

Value todayAED 1,202,000AED 1,117,000 to AED 1,238,000
Last saleAED 1,237,7404 Feb 2022 · Resale
Change since last sale-2.9%Building trend alone: AED 1,407,816
Rent (median asking, 1 bed)AED 87,500Gross yield 7.3%
Bedrooms1 bed
Size820 sq ft
BuildingDAMAC Majestine by DAMAC Properties, handed over 2018
Registered sales of this unit1

Every registered sale of unit 1503B

DatePriceSizeAED/sq ftType
4 Feb 2022AED 1,237,740820 sq ft1,509Resale

Latest 1 bed sales in DAMAC Majestine

UnitDatePriceSizeAED/sq ftType
181318 Aug 2026AED 1,250,0001,006 sq ft1,243Resale
40720 Jul 2026AED 1,282,931956 sq ft1,342Resale
1104A23 Apr 2026AED 1,433,8161,034 sq ft1,387Resale
18196 Apr 2026AED 1,305,000944 sq ft1,382Resale
1513A30 Mar 2026AED 1,350,000894 sq ft1,510Resale
1803A12 Mar 2026AED 1,280,000963 sq ft1,329Resale
1102A27 Feb 2026AED 1,430,000853 sq ft1,676Resale
913A16 Jan 2026AED 1,350,000894 sq ft1,510Resale

How we worked out the value

We took the 11 sales in DAMAC Majestine in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,465). We multiplied it by the size of this unit (820 sq ft). The range uses the middle half of those sales (AED 1,362 to AED 1,510 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,407,816. 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 1503B at DAMAC Majestine worth?

About AED 1,202,000 (range AED 1,117,000 to AED 1,238,000), based on AED 1,465 per sq ft from registered sales up to 15 Sep 2026.

When did unit 1503B last sell?

4 Feb 2022, for AED 1,237,740 (resale). It has 1 registered sale.

What rent can unit 1503B make?

A 1 bed in DAMAC Majestine rents for about AED 87,500 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

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