Unit 1616, DAMAC Majestine: what it sold for and what it is worth now

Unit 1616 at DAMAC Majestine is a studio of 430 sq ft. It last sold for AED 650,000 on 6 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 739,000 today.

Value todayAED 739,000AED 658,000 to AED 772,000
Last saleAED 650,0006 Feb 2023 · Resale
Change since last sale+13.7%Building trend alone: AED 584,971
Rent (median asking, studio)AED 60,000Gross yield 8.1%
Bedroomsstudio
Size430 sq ft
Floor16 (from the unit number)
Position in the towerStack 16: units ending 16 share the same layout and view
BuildingDAMAC Majestine by DAMAC Properties, handed over 2018
Registered sales of this unit1

Every registered sale of unit 1616

DatePriceSizeAED/sq ftType
6 Feb 2023AED 650,000430 sq ft1,512Resale

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
71620 Aug 2026AED 740,000430 sq ft1,721Resale
5163 Apr 2024AED 770,000430 sq ft1,791Resale
61623 Aug 2023AED 650,000430 sq ft1,512Resale
151630 Mar 2023AED 1,666,000904 sq ft1,843Resale
51613 Feb 2023AED 715,000430 sq ft1,663Resale
41619 Jan 2023AED 1,393,000921 sq ft1,512Resale
171613 Dec 2022AED 700,000430 sq ft1,628Resale
51610 Mar 2022AED 588,966430 sq ft1,370Resale

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 (430 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 584,971. 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 1616 at DAMAC Majestine worth?

About AED 739,000 (range AED 658,000 to AED 772,000), based on AED 1,719 per sq ft from registered sales up to 15 Sep 2026.

When did unit 1616 last sell?

6 Feb 2023, for AED 650,000 (resale). It has 1 registered sale.

What rent can unit 1616 make?

A studio in DAMAC Majestine rents for about AED 60,000 a year (median asking rent). That is a gross yield of 8.1% on the estimate.

Sales alert for DAMAC MajestineAll sales in DAMAC Majestine

Unit 1613B · Unit 1619