Unit 511A, DAMAC Majestine: what it sold for and what it is worth now

Unit 511A at DAMAC Majestine is a studio of 461 sq ft. It last sold for AED 528,000 on 17 Mar 2022. At AED 1,719 per sq ft, from 22 sales in the building in the last 12 months (studio), it is worth about AED 793,000 today.

Value todayAED 793,000AED 706,000 to AED 828,000
Last saleAED 528,00017 Mar 2022 · Resale
Change since last sale+50.2%Building trend alone: AED 602,761
Rent (median asking, studio)AED 60,000Gross yield 7.6%
Bedroomsstudio
Size461 sq ft
BuildingDAMAC Majestine by DAMAC Properties, handed over 2018
Registered sales of this unit1

Every registered sale of unit 511A

DatePriceSizeAED/sq ftType
17 Mar 2022AED 528,000461 sq ft1,145Resale

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 (461 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 602,761. 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 511A at DAMAC Majestine worth?

About AED 793,000 (range AED 706,000 to AED 828,000), based on AED 1,719 per sq ft from registered sales up to 15 Sep 2026.

When did unit 511A last sell?

17 Mar 2022, for AED 528,000 (resale). It has 1 registered sale.

What rent can unit 511A make?

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.

Sales alert for DAMAC MajestineAll sales in DAMAC Majestine

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