Unit 503 at DAMAC Majestine is a studio of 459 sq ft. It last sold for AED 765,000 on 27 Nov 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 789,000 today.
| Bedrooms | studio |
|---|---|
| Size | 459 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 03: units ending 03 share the same layout and view |
| Building | DAMAC Majestine by DAMAC Properties, handed over 2018 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 27 Nov 2023 | AED 765,000 | 459 sq ft | 1,667 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 603 | 8 Feb 2024 | AED 870,000 | 459 sq ft | 1,895 | Resale |
| 803 | 6 Mar 2023 | AED 765,000 | 459 sq ft | 1,667 | Resale |
| 1703 | 5 Jan 2023 | AED 862,400 | 459 sq ft | 1,879 | Resale |
| 603 | 16 Jun 2022 | AED 685,000 | 459 sq ft | 1,492 | Resale |
| 1503 | 16 Jun 2021 | AED 550,000 | 459 sq ft | 1,198 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 1412 | 15 Sep 2026 | AED 740,000 | 475 sq ft | 1,558 | Resale |
| 716 | 20 Aug 2026 | AED 740,000 | 430 sq ft | 1,721 | Resale |
| 1405 | 25 Jun 2026 | AED 750,000 | 493 sq ft | 1,521 | Resale |
| 709 | 9 Jun 2026 | AED 830,000 | 617 sq ft | 1,345 | Resale |
| 1609 | 21 Apr 2026 | AED 887,316 | 612 sq ft | 1,450 | Resale |
| 1517 | 7 Apr 2026 | AED 820,000 | 481 sq ft | 1,705 | Resale |
| 716A | 6 Apr 2026 | AED 695,000 | 479 sq ft | 1,451 | Resale |
| 1411A | 30 Mar 2026 | AED 825,000 | 461 sq ft | 1,790 | Resale |
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 (459 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 711,750. Floor, view, condition and upgrades can move the price either way. Sales data to 15 Sep 2026, from the Dubai Land Department register.
About AED 789,000 (range AED 702,000 to AED 824,000), based on AED 1,719 per sq ft from registered sales up to 15 Sep 2026.
27 Nov 2023, for AED 765,000 (resale). It has 1 registered sale.
A studio in DAMAC Majestine rents for about AED 60,000 a year (median asking rent). That is a gross yield of 7.6% on the estimate.