ReadyReady building · DAMAC
Majestine, Business Bay
Highlights
Majestine at a glance
About Majestine
Majestine is a mixed-use building in Business Bay, Dubai, developed by DAMAC. It holds about 506 units: studios, 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.
The building was completed in 2018 and has been in use for about 8 years. 30 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,516 per sq ft.
Majestine is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.
In a nutshell
- A mixed-use ready building
- Located in Business Bay, Dubai
- Developed by DAMAC
- Completed in Q3 2018
- Unit types: Studio, 1 Bed, 2 Beds, 3 Beds, Commercial
- Sizes from 270 to 2,420 sq ft
- Views: Community
- Features: Concierge, Gated Community, Seafront, Shared Spa, Vastu-compliant
- Service charge from AED 21.08 per sq ft
- Burj Khalifa/Dubai Mall metro station 2.1 km away
- Status
- Ready
- Developer
- DAMAC
- Location
- Business Bay, Dubai
- Completed
- Q3 2018
- Unit types
- Studio, 1 Bed, 2 Beds, 3 Beds, Commercial
- Prices from
- AED 665.0K
- Median price per sq ft
- AED 1,516
- Median gross yield
- 7.3%
- Service charge
- AED 28.77 per sq ft (2026)
- Nearest metro
- District 1 near High Speed Rail line, 1.1 km
Photos of Majestine
Building details
Inside Majestine
Facilities in Majestine
Majestine lists 5 features and facilities for its residents.
- Concierge
- Gated Community
- Seafront
- Shared Spa
- Vastu-compliant
Properties in Majestine
Studios in Majestine
There are about 283 of these in Majestine, from 430 to 920 sq ft. They have recently sold for a median of AED 820.0K, or AED 1,720 per sq ft. Owners who resold made a median 6% over what they paid.
1-bedroom apartments in Majestine
There are about 149 of these in Majestine, from 780 to 1,620 sq ft. They have recently sold for a median of AED 1.3M, or AED 1,430 per sq ft.
2-bedroom apartments in Majestine
There are about 45 of these in Majestine, from 1,070 to 1,610 sq ft. None has sold recently enough to quote a price.
3-bedroom apartments in Majestine
There are about 22 of these in Majestine, from 1,420 to 2,040 sq ft. They have recently sold for a median of AED 2.1M, or AED 1,500 per sq ft.
Commercial units in Majestine
There are about 7 of these in Majestine, from 270 to 2,420 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 283 | 430 sqft39.9 sqmt – 920 sqft85.5 sqmt | AED 820K | AED 55K |
| 1 Bed | 149 | 780 sqft72.5 sqmt – 1,620 sqft150.5 sqmt | AED 1.3M | AED 90.5K |
| 2 Beds | 45 | 1,070 sqft99.4 sqmt – 1,610 sqft149.6 sqmt | No recent sales | AED 107.5K |
| 3 Beds | 22 | 1,420 sqft131.9 sqmt – 2,040 sqft189.5 sqmt | AED 2.1M | AED 147K |
| Commercial | 7 | 270 sqft25.1 sqmt – 2,420 sqft224.8 sqmt | No recent sales | – |
Sale trends in Majestine
Median sale price
AED 893.7K
Median per sq ft
AED 1,516
Median gross yield
7.3%
Price ranges from the most recent registered sales, by unit type:
- Studios: AED 695.0K to AED 1.0M (430 to 617 sq ft), across 12 sales
- 1-bedroom apartments: AED 1.3M to AED 1.4M (853 to 1,034 sq ft), across 7 sales
- 3-bedroom apartments: one sale at AED 1.9M (1,420 sq ft)
Rental trends in Majestine
Studio homes in Majestine were let for AED 50.0K to AED 82.0K a year across 14 recent contracts, with a median of AED 55.0K.
Yearly rents from recent registered contracts, by unit type:
- Studios: AED 50.0K to AED 82.0K a year (430 to 740 sq ft), across 14 contracts
- 1-bedroom apartments: AED 79.0K to AED 102.0K a year (894 to 1,034 sq ft), across 2 contracts
- 2-bedroom apartments: AED 105.0K to AED 110.0K a year (1,068 sq ft), across 2 contracts
- 3-bedroom apartments: AED 147.0K a year (2,042 sq ft)
Recent transactions in Majestine
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Majestine, Business BayReadyApartment | AED 740,000AED 1,558 /sqftAED 16,770 /sqmt | 475 sqft44.1 sqmtStudio | Owner |
| Majestine, Business BayReadyApartment | AED 740,000AED 1,721 /sqftAED 18,525 /sqmt | 430 sqft39.9 sqmtStudio | Owner |
| Majestine, Business BayReadyApartment | AED 1,250,000AED 1,243 /sqftAED 13,380 /sqmt | 1,006 sqft93.5 sqmt1 Bed | Owner |
| Majestine, Business BayReadyApartment | AED 1,282,931AED 1,342 /sqftAED 14,445 /sqmt | 956 sqft88.8 sqmt1 Bed | Owner |
| Majestine, Business BayReadyApartment | AED 750,000AED 1,521 /sqftAED 16,372 /sqmt | 493 sqft45.8 sqmtStudio | Owner |
| Majestine, Business BayReadyApartment | AED 830,000AED 1,345 /sqftAED 14,477 /sqmt | 617 sqft57.3 sqmtStudio | Owner |
| Majestine, Business BayReadyApartment | AED 1,433,816AED 1,387 /sqftAED 14,930 /sqmt | 1,034 sqft96.1 sqmt1 Bed | Owner |
| Majestine, Business BayReadyApartment | AED 887,316AED 1,450 /sqftAED 15,608 /sqmt | 612 sqft56.9 sqmtStudio | Owner |
| Majestine, Business BayReadyApartment | AED 820,000AED 1,705 /sqftAED 18,352 /sqmt | 481 sqft44.7 sqmtStudio | Owner |
| Majestine, Business BayReadyApartment | AED 695,000AED 1,451 /sqftAED 15,618 /sqmt | 479 sqft44.5 sqmtStudio | Owner |
| Majestine, Business BayReadyApartment | AED 1,850,000AED 1,303 /sqftAED 14,025 /sqmt | 1,420 sqft131.9 sqmt3 Beds | Owner |
| Majestine, Business BayReadyApartment | AED 1,305,000AED 1,382 /sqftAED 14,876 /sqmt | 944 sqft87.7 sqmt1 Bed | Owner |
| Majestine, Business BayReadyApartment | AED 825,000AED 1,790 /sqftAED 19,267 /sqmt | 461 sqft42.8 sqmtStudio | Owner |
| Majestine, Business BayReadyApartment | AED 1,350,000AED 1,510 /sqftAED 16,254 /sqmt | 894 sqft83.1 sqmt1 Bed | Owner |
| Majestine, Business BayReadyApartment | AED 1,280,000AED 1,329 /sqftAED 14,305 /sqmt | 963 sqft89.5 sqmt1 Bed | Owner |
| Majestine, Business BayReadyApartment | AED 900,000AED 1,826 /sqftAED 19,655 /sqmt | 493 sqft45.8 sqmtStudio | Owner |
| Majestine, Business BayReadyApartment | AED 1,000,000AED 2,088 /sqftAED 22,475 /sqmt | 479 sqft44.5 sqmtStudio | Owner |
| Majestine, Business BayReadyApartment | AED 1,430,000AED 1,676 /sqftAED 18,040 /sqmt | 853 sqft79.2 sqmt1 Bed | Owner |
| Majestine, Business BayReadyApartment | AED 814,000AED 1,717 /sqftAED 18,482 /sqmt | 474 sqft44 sqmtStudio | Owner |
| Majestine, Business BayReadyApartment | AED 830,000AED 1,733 /sqftAED 18,654 /sqmt | 479 sqft44.5 sqmtStudio | Owner |
Majestine
Business Bay
AED 740K
AED 1,558 /sqftAED 16,770 /sqmt
ReadyApartment475 sqft44.1 sqmtStudioOwner15 Sept 2026Majestine
Business Bay
AED 740K
AED 1,721 /sqftAED 18,525 /sqmt
ReadyApartment430 sqft39.9 sqmtStudioOwner20 Aug 2026Majestine
Business Bay
AED 1.3M
AED 1,243 /sqftAED 13,380 /sqmt
ReadyApartment1,006 sqft93.5 sqmt1 BedOwner18 Aug 2026Majestine
Business Bay
AED 1.3M
AED 1,342 /sqftAED 14,445 /sqmt
ReadyApartment956 sqft88.8 sqmt1 BedOwner20 Jul 2026Majestine
Business Bay
AED 750K
AED 1,521 /sqftAED 16,372 /sqmt
ReadyApartment493 sqft45.8 sqmtStudioOwner25 Jun 2026Majestine
Business Bay
AED 830K
AED 1,345 /sqftAED 14,477 /sqmt
ReadyApartment617 sqft57.3 sqmtStudioOwner9 Jun 2026Majestine
Business Bay
AED 1.4M
AED 1,387 /sqftAED 14,930 /sqmt
ReadyApartment1,034 sqft96.1 sqmt1 BedOwner23 Apr 2026Majestine
Business Bay
AED 887.3K
AED 1,450 /sqftAED 15,608 /sqmt
ReadyApartment612 sqft56.9 sqmtStudioOwner21 Apr 2026Majestine
Business Bay
AED 820K
AED 1,705 /sqftAED 18,352 /sqmt
ReadyApartment481 sqft44.7 sqmtStudioOwner7 Apr 2026Majestine
Business Bay
AED 695K
AED 1,451 /sqftAED 15,618 /sqmt
ReadyApartment479 sqft44.5 sqmtStudioOwner6 Apr 2026Majestine
Business Bay
AED 1.9M
AED 1,303 /sqftAED 14,025 /sqmt
ReadyApartment1,420 sqft131.9 sqmt3 BedsOwner6 Apr 2026Majestine
Business Bay
AED 1.3M
AED 1,382 /sqftAED 14,876 /sqmt
ReadyApartment944 sqft87.7 sqmt1 BedOwner6 Apr 2026Majestine
Business Bay
AED 825K
AED 1,790 /sqftAED 19,267 /sqmt
ReadyApartment461 sqft42.8 sqmtStudioOwner30 Mar 2026Majestine
Business Bay
AED 1.4M
AED 1,510 /sqftAED 16,254 /sqmt
ReadyApartment894 sqft83.1 sqmt1 BedOwner30 Mar 2026Majestine
Business Bay
AED 1.3M
AED 1,329 /sqftAED 14,305 /sqmt
ReadyApartment963 sqft89.5 sqmt1 BedOwner12 Mar 2026Majestine
Business Bay
AED 900K
AED 1,826 /sqftAED 19,655 /sqmt
ReadyApartment493 sqft45.8 sqmtStudioOwner4 Mar 2026Majestine
Business Bay
AED 1M
AED 2,088 /sqftAED 22,475 /sqmt
ReadyApartment479 sqft44.5 sqmtStudioOwner27 Feb 2026Majestine
Business Bay
AED 1.4M
AED 1,676 /sqftAED 18,040 /sqmt
ReadyApartment853 sqft79.2 sqmt1 BedOwner27 Feb 2026Majestine
Business Bay
AED 814K
AED 1,717 /sqftAED 18,482 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner1 Feb 2026Majestine
Business Bay
AED 830K
AED 1,733 /sqftAED 18,654 /sqmt
ReadyApartment479 sqft44.5 sqmtStudioOwner29 Jan 2026
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| Majestine, Business BayApartmentRenewal | AED 55,000 | 466 sqft43.3 sqmtStudio | to |
| Majestine, Business BayApartmentRenewal | AED 15,627 | 480 sqft44.6 sqmtStudio | to |
| Majestine, Business BayApartmentNew contract | AED 60,000 | 474 sqft44 sqmtStudio | to |
| Majestine, Business BayApartmentNew contract | AED 110,000 | 1,068 sqft99.2 sqmt2 Beds | to |
| Majestine, Business BayApartmentNew contract | AED 50,000 | 430 sqft39.9 sqmtStudio | to |
| Majestine, Business BayApartmentRenewal | AED 60,000 | 459 sqft42.6 sqmtStudio | to |
| Majestine, Business BayApartmentNew contract | AED 50,000 | 461 sqft42.8 sqmtStudio | to |
| Majestine, Business BayApartmentNew contract | AED 57,000 | 486 sqft45.2 sqmtStudio | to |
| Majestine, Business BayApartmentNew contract | AED 147,000 | 2,042 sqft189.7 sqmt3 Beds | to |
| Majestine, Business BayApartmentNew contract | AED 60,000 | 456 sqft42.4 sqmtStudio | to |
| Majestine, Business BayApartmentNew contract | AED 55,000 | 740 sqft68.7 sqmtStudio | to |
| Majestine, Business BayApartmentNew contract | AED 79,000 | 894 sqft83.1 sqmt1 Bed | to |
| Majestine, Business BayApartmentRenewal | AED 82,000 | 480 sqft44.6 sqmtStudio | to |
| Majestine, Business BayApartmentNew contract | AED 57,000 | 497 sqft46.2 sqmtStudio | to |
| Majestine, Business BayApartmentRenewal | AED 55,000 | 617 sqft57.3 sqmtStudio | to |
| Majestine, Business BayApartmentNew contract | AED 53,000 | 475 sqft44.1 sqmtStudio | to |
| Majestine, Business BayApartmentNew contract | AED 105,000 | 1,068 sqft99.2 sqmt2 Beds | to |
| Majestine, Business BayApartmentNew contract | AED 53,000 | 479 sqft44.5 sqmtStudio | to |
| Majestine, Business BayApartmentRenewal | AED 102,000 | 1,034 sqft96.1 sqmt1 Bed | to |
| Majestine, Business BayApartmentRenewal | AED 50,000 | 478 sqft44.4 sqmtStudio | to |
Majestine
Business Bay
AED 55K/yr
ApartmentRenewal466 sqft43.3 sqmtStudiotoMajestine
Business Bay
AED 15.6K/yr
ApartmentRenewal480 sqft44.6 sqmtStudiotoMajestine
Business Bay
AED 60K/yr
ApartmentNew contract474 sqft44 sqmtStudiotoMajestine
Business Bay
AED 110K/yr
ApartmentNew contract1,068 sqft99.2 sqmt2 BedstoMajestine
Business Bay
AED 50K/yr
ApartmentNew contract430 sqft39.9 sqmtStudiotoMajestine
Business Bay
AED 60K/yr
ApartmentRenewal459 sqft42.6 sqmtStudiotoMajestine
Business Bay
AED 50K/yr
ApartmentNew contract461 sqft42.8 sqmtStudiotoMajestine
Business Bay
AED 57K/yr
ApartmentNew contract486 sqft45.2 sqmtStudiotoMajestine
Business Bay
AED 147K/yr
ApartmentNew contract2,042 sqft189.7 sqmt3 BedstoMajestine
Business Bay
AED 60K/yr
ApartmentNew contract456 sqft42.4 sqmtStudiotoMajestine
Business Bay
AED 55K/yr
ApartmentNew contract740 sqft68.7 sqmtStudiotoMajestine
Business Bay
AED 79K/yr
ApartmentNew contract894 sqft83.1 sqmt1 BedtoMajestine
Business Bay
AED 82K/yr
ApartmentRenewal480 sqft44.6 sqmtStudiotoMajestine
Business Bay
AED 57K/yr
ApartmentNew contract497 sqft46.2 sqmtStudiotoMajestine
Business Bay
AED 55K/yr
ApartmentRenewal617 sqft57.3 sqmtStudiotoMajestine
Business Bay
AED 53K/yr
ApartmentNew contract475 sqft44.1 sqmtStudiotoMajestine
Business Bay
AED 105K/yr
ApartmentNew contract1,068 sqft99.2 sqmt2 BedstoMajestine
Business Bay
AED 53K/yr
ApartmentNew contract479 sqft44.5 sqmtStudiotoMajestine
Business Bay
AED 102K/yr
ApartmentRenewal1,034 sqft96.1 sqmt1 BedtoMajestine
Business Bay
AED 50K/yr
ApartmentRenewal478 sqft44.4 sqmtStudioto
Service charges in Majestine
The 2026 service charge in Majestine is AED 28.77 per sq ft for homes, AED 21.08 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department. Each parking space adds about AED 1,519 a year.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| 1 Bed Apartment (2026) | AED 28.77 | 780 sqft72.5 sqmt – 1,620 sqft150.5 sqmt | AED 22,441 – AED 46,607 |
| 2 Beds Apartment (2026) | AED 28.77 | 1,070 sqft99.4 sqmt – 1,610 sqft149.6 sqmt | AED 30,784 – AED 46,320 |
| 3 Beds Apartment (2026) | AED 28.77 | 1,420 sqft131.9 sqmt – 2,040 sqft189.5 sqmt | AED 40,853 – AED 58,691 |
| Retail (2026) | AED 21.08 | 270 sqft25.1 sqmt – 2,420 sqft224.8 sqmt | AED 5,692 – AED 51,014 |
| Studio Apartment (2026) | AED 28.77 | 430 sqft39.9 sqmt – 920 sqft85.5 sqmt | AED 12,371 – AED 26,468 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around Majestine
Transportation near Majestine
The nearest Dubai Metro station from Majestine is Burj Khalifa/Dubai Mall (red line, 2.1 km, about 6 min drive), then Business Bay (red line, 2.3 km, about 7 min drive). Stations planned on new lines nearby include District 1 near High Speed Rail line (golden line, 1.1 km, about 13 min walk) and Burj Khalifa Road (golden line, 1.1 km, about 13 min walk). Most residents will drive or take a taxi to the metro.
- District 1 near High Speed Rail lineGolden line · 1.1 km · about 13 min walk
- Burj Khalifa RoadGolden line · 1.1 km · about 13 min walk
- Burj Khalifa/Dubai MallRed line · 2.1 km · about 6 min drive
- Business Bay InterchangeGolden line · 2.2 km · about 6 min drive
- Business BayRed line · 2.3 km · about 7 min drive
- Financial CentreRed line · 2.8 km · about 8 min drive
Shopping and groceries near Majestine
The closest is Spinneys / south bridge downtowne Dubai, 0.5 km from Majestine (about 6 min walk).
- Spinneys / south bridge downtowne DubaiSupermarket · 0.5 km · about 6 min walk
- Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 1.2 km · about 14 min walk
- Dubai MallShopping Mall · 1.3 km · about 5 min drive
- Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1.3 km · about 5 min drive
- Choitram, The Executive TowersSupermarket · 1.7 km · about 5 min drive
Restaurants and hotels near Majestine
The closest is Al Manzil Hotel, 0.7 km from Majestine (about 8 min walk).
- Al Manzil HotelHotel · 0.7 km · about 8 min walk
- Vida Hotels and ResortsHotel · 0.9 km · about 11 min walk
- The Address HotelHotel · 1 km · about 12 min walk
- Radisson Blu Hotel, Dubai DowntownHotel · 1.2 km · about 14 min walk
- Qamardeen HotelHotel · 1.2 km · about 14 min walk
Hospitals and clinics near Majestine
The closest is Al Amal Hospital, 3.1 km from Majestine (about 8 min drive).
- Al Amal HospitalHospital · 3.1 km · about 8 min drive
- Medcare HospitalHospital · 4 km · about 10 min drive
- Internationl Medical CenterHospital · 4.5 km · about 11 min drive
- Emirates HospitalHospital · 4.6 km · about 11 min drive
- Manchester ClinicHospital · 5 km · about 12 min drive
Parks and leisure near Majestine
The closest is Al Quoz Pond Park, 2.8 km from Majestine (about 8 min drive).
- Al Quoz Pond ParkPark · 2.8 km · about 8 min drive
- Dubai Bowling CentreSports Academy · 2.9 km · about 8 min drive
- Safa ParkPark · 3.6 km · about 9 min drive
- Meydan TheatreTheatre House · 3.8 km · about 10 min drive
- Meydan Grandstand and RacecourseStadium · 3.8 km · about 10 min drive
Schools near Majestine
The nearest is Jebel Ali School (Br of Taaleem Management (L L C)), 2.5 km away. Ratings are the KHDA's latest inspection grades.
- Jebel Ali School (Br of Taaleem Management (L L C))UK · KHDA: Very good · 2.5 km
- Hartland International School - FZUK - International Baccalaureate - UK/IB · KHDA: Very good · 2.6 km
- North London Collegiate School Middle East L.L.C - FZInternational Baccalaureate · KHDA: Very good · 2.6 km
- Dubai International Private School - BrAmerican · KHDA: Good · 2.7 km
- GEMS Our Own Indian SchoolIndian · KHDA: Very good · 2.7 km
- Global Indian International School L.L.CIndian · KHDA: Good · 2.8 km
Other buildings in Business Bay
Business Bay has 257 buildings. A few others to compare Majestine with:
- Ready
Ready- Ready
ReadyOff-plan
Ready
Things to consider about Majestine
In its favour
- An active resale market: 30 sales in the last year make it easier to price and to sell.
- Owners who resold have made money: a median gain of up to 6%.
- A median gross yield of 7.3% on recent sales.
- Ready to move into or let, with no construction risk.
- Several schools within 3 km.
Worth checking
- Service charges of up to AED 28.77 per sq ft are on the higher side for Dubai.
- The nearest running metro station is 2.1 km away, so a car helps.
Specialists
Brokers who know Majestine
These brokers handle sales and lettings in Majestine and can tell you what is available now.
Aniket Arun Tiwari
Property Advisor
Khalid Abdul-Hadi
Senior Property Advisor
Youssouf Ngouh Njikam
Property Advisor
Mishel Wehbe
Associate Director
Mahmoud Hamzeh
Property Advisor
Hafiz Muhammad Mudassir
Property Advisor
FAQs
Majestine: questions answered
Buying, selling or renting in Majestine?
A broker who works Business Bay will tell you what is available and what comparable homes went for.