DAMAC Majestine – Boutique Luxury Apartments in Business Bay, Dubai
DAMAC Majestine is a refined boutique residential tower by DAMAC Properties located in the heart of Business Bay, Dubai. Offering fully‑furnished apartments within a premium serviced‑residence format, Majestine caters to discerning buyers and investors seeking centrality, convenience and value in Dubai’s core urban zone.
Lifestyle Overview
Majestine presents a hotel‑style living experience in a high‑amenity tower, situated within a vibrant city address. Residents enjoy:
- Fully furnished studios, 1‑, 2‑ and 3‑bedroom apartments finished to hotel‑resort standards
- Panoramic views of the Dubai Canal, Burj Khalifa and Business Bay skyline
- On‑site wellness facilities including a fitness centre, swimming pool, spa and valet/concierge services
- Immediate access to restaurants, cafés, shopping, lakeside promenade and Business Bay’s vibrant lifestyle scene
This offering is ideal for urban professionals, executive tenants and investors who require a turn‑key residence with immediate lifestyle appeal.
Investment Profile & ROI
From the investment perspective, Majestine offers attractive positioning in a core location with strong rental and resale fundamentals:
- Entry pricing for apartments has been recorded from around AED 2.48 million for 1‑bed units in ready‑to‑move condition
- Apartment listings currently range from AED 800,000 for studio units to AED 2.4 million+ for 2–3 bed units, indicating a wide investor spectrum
- Gross rental yields in the Business Bay serviced‑apartment segment typically fall around 7–9%, with higher yields possible for smaller furnished units
- Capital growth potential remains in the region of 15–20%+, supported by central‑Dubai scarcity, strong international demand and premium asset category
Residences & Unit Mix
The tower offers a well‑curated mix of apartment types:
- Studios – from approx. 430‑500 sq ft, pricing from around AED 800,000
- 1‑Bedroom Apartments – approx. 890‑950 sq ft, pricing from approx. AED 1.4 million
- 2‑Bedroom Apartments – approx. 1,300‑1,600 sq ft, pricing from approx. AED 2.0 million
- Rare 3‑Bedroom units available, sizing up to approx. 1,700 sq ft, pricing from AED 3.0 million+
All units are furnished, ready to rent or move in, and designed with premium fixtures, views and hotel‑style finishes.
Payment Plan & Cashflow
As a completed or nearly completed tower, Majestine offers strong cash‑flow potential for investors:
| Stage |
Percentage |
Milestone |
| Booking Deposit |
30‑50% (varies) |
On reservation |
| During Construction |
0‑40% (varies) |
Depends on unit & hand‑over |
| On Completion |
Remainder |
Immediately or on hand‑over |
| Many units are “ready‑to‑move” which means investors can commence rental income almost immediately. |
|
|
Location & Connectivity
Majestine is located on Al Abraj Street in Business Bay, placing it within the “Platinum Square Kilometre” of Burj‑adjacent Dubai. Key connectivity highlights:
- 5‑10 minutes to Dubai Mall and Burj Khalifa
- 10 minutes to Dubai International Airport (DXB)
- Excellent access to Sheikh Zayed Road, Business Bay metro and the Dubai Canal promenade
This central location ensures consistent demand from professionals, international tenants and short‑stay guests.
Why DAMAC Majestine?
- Boutique furnished tower in one of Dubai’s strongest rental corridors
- Entry pricing from under AED 1 million (for studio) meeting investor affordability
- Ready‑to‑move status offers immediate rental income potential
- Developed by DAMAC – recognised for quality and delivery
- Freehold ownership, tax‑free rental income, strong appeal for international investors
Summary
DAMAC Majestine offers a compelling blend of urban luxury living and investor‑ready asset structure. Whether you’re seeking a furnished city apartment for relocation or a high‑yield rental unit in an elite location, Majestine provides both lifestyle credentials and investment performance in equal measure.
Key Features
- Boutique furnished apartments in Business Bay
- Studios, 1‑, 2‑ & 3‑Bedroom units
- Prices from AED 800,000 (studio) and AED 2.48 million+ (1‑bed)
- Rental yields estimated at 7–9%, capital growth potential 15–20%+
- Prime Downtown/Canal views, serviced‑residence amenities, hotel finish
- Freehold title & tax‑free income
- Ideal for end‑users, executive tenants and yield‑focused investors