DAMAC Majestine
- AVA001022DAMAC Majestine, Al Abraj Street, Business Bay, Dubai, United Arab Emirates
DAMAC Majestine
- AVA001022DAMAC Majestine, Al Abraj Street, Business Bay, Dubai, United Arab Emirates
MAJESTINE - 'Make Life Regal.' A DAMAC Properties development in the heart of Business Bay, DAMAC Majestine is a collection of ready-furnished serviced apartments designed with exceptional attention to detail. Immerse yourself in a vibrant urban lifestyle where the comforts of ready-furnished living await, with pleasing views of the Business Bay skyline and the Dubai Water Canal. Choose from a mix of studios, along with one, two and three-bedroom furnished apartments ready for you to move in today, each with a fitted kitchen, spacious bathrooms and premium fittings. Sitting at the beating heart of the city, Majestine offers a grand lifestyle experience: an elegant entrance lobby finished in pale gold tones and royal blue accents, a luxurious swimming pool for adults with a children's pool, a state-of-the-art gymnasium, steam rooms and sauna, a children's play area and beautiful landscaped gardens. The location places residents within a DAMAC domain of Business Bay: around 9 minutes to The Dubai Mall and Burj Khalifa, 9 minutes to Jumeirah Beach, 8 minutes to Dubai World Trade Centre, 10 minutes to Mall of the Emirates and roughly 13 minutes to Dubai International Airport. Now complete and delivered, Majestine combines the convenience of a central business address with the finest quality finishes and splendid furnishings.
Property Details
- Micro-market
- Business Bay / Dubai
- Configuration
- Apartment
- Property Type
- Apartment
- Built-up Area
- 821 sq ft
- Status
- Completed
Project Timeline
Key milestones for this project, updated as the developer confirms them.
Project announcement
Booking Started
Construction Started
Completion
Available Properties
Project variants for under-construction developments — unit types, sizes, starting prices and possession dates.
Inventory Type
| Variant | Size | Starting Price | Possession | CTA |
|---|---|---|---|---|
| Studio | — | AED 700K | Completed | |
| 1 BHK | — | AED 1.3M | Completed | |
| 2 BHK | — | AED 2.27M | Completed | |
| 3 BHK | — | AED 2.01M | Completed |
Property Information
- Community: Business Bay
- Project Name: DAMAC Majestine
- Listing Price: AED 1.3M
- List Date: Aug 26, 2026
- Days on Market: 0
- Listing ID: AVA001022
- Status: Completed
- Security: 24/7 security
- Parking: Ample parking
- Pool: Adults and children swimming pool
Legal Information
Indicative legal & tax information based on available documents; verify with your lawyer before transacting.
- RERA Applicable
- Yes
- Occupancy Certificate
- No
- Authority
- Dubai Land Department (RERA)
- Fire NOC
- No
Can you own this, and how?
Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.
I am buying as:
- Status
- Permitted, freehold anywhere in Dubai
- What you actually hold
- You hold freehold title registered with the Dubai Land Department. There is no area restriction on where you may own.
- Key rules and restrictions
- GCC nationals are treated on the same footing as UAE nationals for ownership purposes.
- A company owned wholly by GCC nationals gets the same treatment.
- Some master communities impose their own transfer conditions through the developer.
- Funds and process
- Pay through UAE banking channels. The transfer completes at a Dubai Land Department trustee office where the title deed is issued on the day.
- Taxes
- The Dubai Land Department transfer fee is 4% of the price, split 2% each in law but paid in full by the buyer in most deals, plus a trustee office fee and a title deed issuance fee. There is no annual property tax and no capital gains tax in the UAE.
- Verify before you buy
- Get a title deed copy and check it against the Dubai REST app.
- Ask for the developer no-objection certificate confirming service charges are clear.
Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in the UAE before you commit.
Investment Information
- Type: Completed DAMAC Business Bay tower; furnished apartments at promotional prices
- Capital Appreciation: 8%
- Property Tax Jurisdiction: UAE - 0% property tax on residential
Location
DAMAC Majestine, Al Abraj Street, Business Bay, Dubai, United Arab Emirates
- Airport: DXB International Airport - 15 km
- Metro: Business Bay Metro Station - 3 km
- Highway: Sheikh Zayed Road
- Hospital: Aster Clinic - 3 km
- Shopping: Bay Avenue Retail District - 3 km
Nearby Attractions
Fine-grained ratings and travel times for popular spots nearby.
| Rating | Attraction | Type | Best Time to Visit | Distance |
|---|---|---|---|---|
| — | Dubai Canal | Waterfront Promenade | Evening | 0 km |
| — | Fountains at Dubai Mall | Leisure Destination | Evening | 1.3 km |
| — | Burj Khalifa | Landmark | Sunset | 1.36 km |
| — | The Dubai Mall | Shopping Mall | — | 1.78 km |
| — | La Perle by Dragone | Theater | Evening | 4.8 km |
Investment Calculator
Calculate your EMI, returns and investment potential
₹8,448.259
per month
20 years • 8.5% interest • Fixed rate
₹8K
Monthly EMI
Investment Returns
8%
Expected ROI
0%
Rental Yield
Bank Interest Rates
Investment Summary
This calculator is for illustrative purposes only.
Rental Yield Calculator
Calculate potential returns on rental property investments
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Net Rental Yield
4.9%
Monthly Income
₹5K
Rental Breakdown
This calculator is for illustrative purposes only. Actual returns depend on market conditions, property management, and occupancy.
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