Unit 408, Maple 1: what it sold for and what it is worth now

Unit 408 at Maple 1 is a 2 bed of 1,929 sq ft. It last sold for AED 1,300,000 on 15 May 2024. At AED 744 per sq ft, from 4 sales in the building in the last 24 months (2 bed), it is worth about AED 1,435,000 today.

Value todayAED 1,435,000AED 1,268,000 to AED 1,694,000
Last saleAED 1,300,00015 May 2024 · Resale
Change since last sale+10.4%Building trend alone: AED 1,760,295
Rent (median asking, 2 bed)AED 94,998Gross yield 6.6%
Bedrooms2 bed
Size1,929 sq ft
Floor4 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingMaple 1 by DAMAC Properties, handed over 2012
Registered sales of this unit1

Every registered sale of unit 408

DatePriceSizeAED/sq ftType
15 May 2024AED 1,300,0001,929 sq ft674Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30811 Sep 2026AED 470,000563 sq ft835Resale
1088 Jul 2025AED 500,000557 sq ft898Resale

Latest 2 bed sales in Maple 1

UnitDatePriceSizeAED/sq ftType
40912 Mar 2026AED 1,310,0001,619 sq ft809Resale
20913 Nov 2025AED 1,711,0001,577 sq ft1,085Resale
2094 Mar 2025AED 1,070,0001,577 sq ft679Resale
40613 Sep 2024AED 1,250,0002,108 sq ft593Resale
40629 May 2023AED 985,9722,108 sq ft468Resale

How we worked out the value

We took the 4 sales in Maple 1 in the last 24 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 744). We multiplied it by the size of this unit (1,929 sq ft). The range uses the middle half of those sales (AED 657 to AED 878 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,760,295. Floor, view, condition and upgrades can move the price either way. Sales data to 11 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 408 at Maple 1 worth?

About AED 1,435,000 (range AED 1,268,000 to AED 1,694,000), based on AED 744 per sq ft from registered sales up to 11 Sep 2026.

When did unit 408 last sell?

15 May 2024, for AED 1,300,000 (resale). It has 1 registered sale.

What rent can unit 408 make?

A 2 bed in Maple 1 rents for about AED 94,998 a year (median asking rent). That is a gross yield of 6.6% on the estimate.

Sales alert for Maple 1All sales in Maple 1

Unit 406 · Unit 409