Unit 517, DAMAC Majestine: what it sold for and what it is worth now

Unit 517 at DAMAC Majestine is a studio of 481 sq ft. It last sold for AED 730,000 on 28 Jul 2023. At AED 1,705 per sq ft, from 3 sales of units ending 17 (same position in the tower), it is worth about AED 820,000 today.

Value todayAED 820,000AED 815,000 to AED 912,000
Last saleAED 730,00028 Jul 2023 · Resale
Change since last sale+12.3%Building trend alone: AED 682,358
Rent (median asking, studio)AED 60,000Gross yield 7.3%
Bedroomsstudio
Size481 sq ft
Floor5 (from the unit number)
Position in the towerStack 17: units ending 17 share the same layout and view
BuildingDAMAC Majestine by DAMAC Properties, handed over 2018
Registered sales of this unit2

Every registered sale of unit 517

DatePriceSizeAED/sq ftType
28 Jul 2023AED 730,000481 sq ft1,518Resale
15 Nov 2020AED 480,000481 sq ft998Resale

Units ending 17 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
15177 Apr 2026AED 820,000481 sq ft1,705Resale
101727 Feb 2026AED 1,000,000479 sq ft2,088Resale
81721 Oct 2024AED 810,000481 sq ft1,684Resale
171724 Jul 2024AED 800,000481 sq ft1,663Resale
121712 Jul 2024AED 930,600481 sq ft1,935Resale
61712 Jun 2024AED 830,000481 sq ft1,726Resale
111726 Dec 2023AED 840,000481 sq ft1,746Resale
91723 Nov 2023AED 830,000481 sq ft1,726Resale

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 3 resale sales of units ending 17 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,705). We multiplied it by the size of this unit (481 sq ft). The range uses the middle half of those sales (AED 1,694 to AED 1,896 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 682,358. 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 517 at DAMAC Majestine worth?

About AED 820,000 (range AED 815,000 to AED 912,000), based on AED 1,705 per sq ft from registered sales up to 15 Sep 2026.

When did unit 517 last sell?

28 Jul 2023, for AED 730,000 (resale). It has 2 registered sales.

What rent can unit 517 make?

A studio in DAMAC Majestine rents for about AED 60,000 a year (median asking rent). That is a gross yield of 7.3% on the estimate.

Sales alert for DAMAC MajestineAll sales in DAMAC Majestine

Unit 516A · Unit 519