Unit 516 at DAMAC Majestine is a studio of 430 sq ft. It last sold for AED 770,000 on 3 Apr 2024. At AED 1,719 per sq ft, from 22 sales in the building in the last 12 months (studio), it is worth about AED 739,000 today.
| Bedrooms | studio |
|---|---|
| Size | 430 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 16: units ending 16 share the same layout and view |
| Building | DAMAC Majestine by DAMAC Properties, handed over 2018 |
| Registered sales of this unit | 3 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 3 Apr 2024 | AED 770,000 | 430 sq ft | 1,791 | Resale |
| 13 Feb 2023 | AED 715,000 | 430 sq ft | 1,663 | Resale |
| 10 Mar 2022 | AED 588,966 | 430 sq ft | 1,370 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 716 | 20 Aug 2026 | AED 740,000 | 430 sq ft | 1,721 | Resale |
| 616 | 23 Aug 2023 | AED 650,000 | 430 sq ft | 1,512 | Resale |
| 1516 | 30 Mar 2023 | AED 1,666,000 | 904 sq ft | 1,843 | Resale |
| 1616 | 6 Feb 2023 | AED 650,000 | 430 sq ft | 1,512 | Resale |
| 416 | 19 Jan 2023 | AED 1,393,000 | 921 sq ft | 1,512 | Resale |
| 1716 | 13 Dec 2022 | AED 700,000 | 430 sq ft | 1,628 | Resale |
| 1416 | 4 May 2021 | AED 510,000 | 430 sq ft | 1,186 | 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 (430 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 695,178. 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 739,000 (range AED 658,000 to AED 772,000), based on AED 1,719 per sq ft from registered sales up to 15 Sep 2026.
3 Apr 2024, for AED 770,000 (resale). It has 3 registered sales.
A studio in DAMAC Majestine rents for about AED 60,000 a year (median asking rent). That is a gross yield of 8.1% on the estimate.