Unit 408, DAMAC Majestine: what it sold for and what it is worth now

Unit 408 at DAMAC Majestine is a studio of 716 sq ft. It last sold for AED 1,027,000 on 26 Oct 2021. At AED 1,506 per sq ft, from 4 sales of units ending 08 (same position in the tower), it is worth about AED 1,078,000 today.

Value todayAED 1,078,000AED 1,069,000 to AED 1,102,000
Last saleAED 1,027,00026 Oct 2021 · Resale
Change since last sale+5.0%Building trend alone: AED 1,149,909
Rent (median asking, studio)AED 60,000Gross yield 5.6%
Bedroomsstudio
Size716 sq ft
Floor4 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingDAMAC Majestine by DAMAC Properties, handed over 2018
Registered sales of this unit1

Every registered sale of unit 408

DatePriceSizeAED/sq ftType
26 Oct 2021AED 1,027,000716 sq ft1,434Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
170820 Nov 2025AED 1,330,000890 sq ft1,494Resale
80824 Sep 2025AED 1,350,000890 sq ft1,517Resale
180826 Dec 2024AED 1,320,000887 sq ft1,488Resale
12081 Oct 2024AED 1,430,000890 sq ft1,607Resale
5086 Nov 2023AED 1,633,000890 sq ft1,835Resale
70824 Apr 2023AED 1,604,260890 sq ft1,803Resale
100822 Mar 2023AED 1,642,000889 sq ft1,847Resale
18082 Feb 2023AED 1,575,840887 sq ft1,777Resale

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 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,506). We multiplied it by the size of this unit (716 sq ft). The range uses the middle half of those sales (AED 1,493 to AED 1,539 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,149,909. 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 408 at DAMAC Majestine worth?

About AED 1,078,000 (range AED 1,069,000 to AED 1,102,000), based on AED 1,506 per sq ft from registered sales up to 15 Sep 2026.

When did unit 408 last sell?

26 Oct 2021, for AED 1,027,000 (resale). It has 1 registered sale.

What rent can unit 408 make?

A studio in DAMAC Majestine rents for about AED 60,000 a year (median asking rent). That is a gross yield of 5.6% on the estimate.

Sales alert for DAMAC MajestineAll sales in DAMAC Majestine

Unit 407 · Unit 409