Unit 701A, DAMAC Majestine: what it sold for and what it is worth now

Unit 701A at DAMAC Majestine is a studio of 497 sq ft. It last sold for AED 717,800 on 1 Nov 2021. At AED 1,719 per sq ft, from 22 sales in the building in the last 12 months (studio), it is worth about AED 854,000 today.

Value todayAED 854,000AED 761,000 to AED 893,000
Last saleAED 717,8001 Nov 2021 · Resale
Change since last sale+19.0%Building trend alone: AED 804,963
Rent (median asking, studio)AED 60,000Gross yield 7.0%
Bedroomsstudio
Size497 sq ft
BuildingDAMAC Majestine by DAMAC Properties, handed over 2018
Registered sales of this unit1

Every registered sale of unit 701A

DatePriceSizeAED/sq ftType
1 Nov 2021AED 717,800497 sq ft1,444Resale

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 (497 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 804,963. 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 701A at DAMAC Majestine worth?

About AED 854,000 (range AED 761,000 to AED 893,000), based on AED 1,719 per sq ft from registered sales up to 15 Sep 2026.

When did unit 701A last sell?

1 Nov 2021, for AED 717,800 (resale). It has 1 registered sale.

What rent can unit 701A make?

A studio in DAMAC Majestine rents for about AED 60,000 a year (median asking rent). That is a gross yield of 7.0% on the estimate.

Sales alert for DAMAC MajestineAll sales in DAMAC Majestine

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