Unit 404, DAMAC Majestine: what it sold for and what it is worth now

Unit 404 at DAMAC Majestine is a studio of 486 sq ft. It last sold for AED 784,000 on 11 Apr 2022. At AED 1,600 per sq ft, from 4 sales of units ending 04 (same position in the tower), it is worth about AED 777,000 today.

Value todayAED 777,000AED 697,000 to AED 841,000
Last saleAED 784,00011 Apr 2022 · Resale
Change since last sale-0.9%Building trend alone: AED 918,352
Rent (median asking, studio)AED 60,000Gross yield 7.7%
Bedroomsstudio
Size486 sq ft
Floor4 (from the unit number)
Position in the towerStack 04: units ending 04 share the same layout and view
BuildingDAMAC Majestine by DAMAC Properties, handed over 2018
Registered sales of this unit1

Every registered sale of unit 404

DatePriceSizeAED/sq ftType
11 Apr 2022AED 784,000486 sq ft1,613Resale

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
110411 Sep 2025AED 880,000572 sq ft1,538Resale
90416 Jul 2025AED 1,111,000572 sq ft1,942Resale
7044 Jul 2025AED 950,000572 sq ft1,661Resale
100420 May 2025AED 1,800,0001,608 sq ft1,119Resale
80414 Aug 2023AED 2,959,0001,608 sq ft1,840Resale
150410 Apr 2023AED 2,864,6401,608 sq ft1,781Resale
120414 Nov 2022AED 1,115,000572 sq ft1,949Resale
60412 May 2022AED 640,000572 sq ft1,119Resale

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 4 resale sales of units ending 04 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,600). We multiplied it by the size of this unit (486 sq ft). The range uses the middle half of those sales (AED 1,434 to AED 1,731 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 918,352. 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 404 at DAMAC Majestine worth?

About AED 777,000 (range AED 697,000 to AED 841,000), based on AED 1,600 per sq ft from registered sales up to 15 Sep 2026.

When did unit 404 last sell?

11 Apr 2022, for AED 784,000 (resale). It has 1 registered sale.

What rent can unit 404 make?

A studio in DAMAC Majestine rents for about AED 60,000 a year (median asking rent). That is a gross yield of 7.7% on the estimate.

Sales alert for DAMAC MajestineAll sales in DAMAC Majestine

Unit 402A · Unit 407