Unit 508, DAMAC Majestine: what it sold for and what it is worth now

Unit 508 at DAMAC Majestine is a 1 bed of 890 sq ft. It last sold for AED 1,633,000 on 6 Nov 2023. At AED 1,506 per sq ft, from 4 sales of units ending 08 (same position in the tower), it is worth about AED 1,340,000 today.

Value todayAED 1,340,000AED 1,329,000 to AED 1,370,000
Last saleAED 1,633,0006 Nov 2023 · Resale
Change since last sale-17.9%Building trend alone: AED 1,519,330
Rent (median asking, 1 bed)AED 87,500Gross yield 6.5%
Bedrooms1 bed
Size890 sq ft
Floor5 (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 508

DatePriceSizeAED/sq ftType
6 Nov 2023AED 1,633,000890 sq ft1,835Resale

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
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
170825 Jan 2023AED 1,608,260890 sq ft1,807Resale

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 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 (890 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 1,519,330. 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 508 at DAMAC Majestine worth?

About AED 1,340,000 (range AED 1,329,000 to AED 1,370,000), based on AED 1,506 per sq ft from registered sales up to 15 Sep 2026.

When did unit 508 last sell?

6 Nov 2023, for AED 1,633,000 (resale). It has 1 registered sale.

What rent can unit 508 make?

A 1 bed in DAMAC Majestine rents for about AED 87,500 a year (median asking rent). That is a gross yield of 6.5% on the estimate.

Sales alert for DAMAC MajestineAll sales in DAMAC Majestine

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