Majestine in Business Bay - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Majestine

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	43	18,009	775,000

Rents in Majestine

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	47	1,470	68,778
1	85	1,195	101,556
2	119	1,134	135,000

The cap rate (rental yield) of investments into Majestine project is 7.0% on average.

The price of an apartment in Majestine is 18,009 AED/sqm on average.

The long term rent of an apartment in Majestine is 1,256 AED/sqm/year on average.

Price for completed Studio apartment in Majestine is 775,000 AED or 18,009 AED/sqm.

Rent for Studio apartment in Majestine is 68,778 AED or 1,470 AED/sqm.
Rent for 1 bedroom apartment in Majestine is 101,556 AED or 1,195 AED/sqm.
Rent for 2 bedroom apartment in Majestine is 135,000 AED or 1,134 AED/sqm.

About Majestine

'Majestine' in 'Business Bay' area project description

Majestine is a luxurious residential project located in the heart of Dubai, UAE. The project is developed by Majestine Real Estate, a leading real estate developer in the region. The project offers a range of luxurious residential units, ranging from one, two, three and four bedroom apartments to duplexes and penthouses.
Majestine project is located in the heart of Dubai, close to the iconic Burj Khalifa and the world-famous Dubai Mall. The project offers easy access to the city’s major attractions, including the Dubai International Airport, the Dubai Marina, the Dubai Creek and the Palm Jumeirah. The project is also close to the city’s major business hubs, such as the Dubai International Financial Centre and the Dubai World Trade Centre.
The project offers a range of luxurious amenities, including a state-of-the-art gymnasium, a swimming pool, a spa, a sauna, a steam room, a Jacuzzi, a kids’ play area, a business centre, a library, a lounge, a restaurant and a cafe. The project also offers a range of high-end security features, including 24-hour security, CCTV surveillance and access control systems.
Majestine project is designed to provide its residents with a luxurious lifestyle. The project offers a range of modern amenities and features, including high-speed internet access, a fully-equipped kitchen, a laundry room, a private balcony, a terrace, a private garden and a private pool. The project also offers a range of recreational activities, such as tennis, squash, basketball and volleyball courts, a golf course and a jogging track.
Majestine project is a luxurious residential project that offers its residents a luxurious lifestyle in the heart of Dubai. The project offers a range of modern amenities and features, as well as a range of recreational activities, making it an ideal choice for those looking for a luxurious lifestyle in the city.

Q&A on Majestine

What are the advantages of 'Majestine' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Majestine is located in the heart of Dubai, providing easy access to the city’s major attractions, including the Dubai Mall, Burj Khalifa, and other popular destinations.

2. Luxury Amenities: Majestine offers a range of luxury amenities, including a private beach, swimming pools, fitness centers, and a spa.

3. High-End Finishes: Majestine features high-end finishes, including marble flooring, granite countertops, and custom cabinetry.

4. Affordable Prices: Majestine offers competitive prices for luxury real estate in Dubai, making it an attractive option for buyers.

5. Flexible Payment Plans: Majestine offers flexible payment plans, allowing buyers to pay in installments over time.

What projects are better than 'Majestine' project in Dubai which are located close by, and why?

1. The Opus by Omniyat:
- Designed by the renowned architect Zaha Hadid.
- Unique architecture with a futuristic design.
- High-end retail and fine dining options within the structure.
- Connectivity with both commercial and residential spaces.

2. The Atria:
- Twin residential and hotel apartment towers.
- Managed by the luxury hospitality brand Millennium Hotels.
- Quality amenities including a luxury spa and rooftop infinity pool.
- Proximity to key locations like the Burj Khalifa and Dubai Mall.

3. Executive Towers:
- Mixed-use development comprising 12 towers.
- Wide range of retail options in Bay Avenue Mall.
- Large community space with parks, walkways, and children’s play areas.
- Direct access to Sheikh Zayed Road and Business Bay metro station.

4. The Pad:
- Distinctive design inspired by the iPod, making it an iconic structure.
- Smart home technologies integrated within apartments.
- High-end finishes and modern interiors.
- Close proximity to Dubai Canal.

5. JW Marriott Marquis:
- Twin-tower hotel development with luxurious serviced apartments.
- World-class dining and entertainment options.
- Home to one of the world’s tallest hotel towers.
- Comprehensive business and conference facilities.

6. DAMAC Towers by Paramount:
- Four-tower development offering serviced hotel apartments.
- Hollywood-themed design and décor.
- Managed by Paramount Hotels & Resorts.
- Excellent amenities including luxury spas, gyms, and pools.

7. Bay Square:
- Low-rise mixed-use project featuring commercial, residential, and retail spaces.
- Walkable community feel with landscaped plazas and water features.
- Excellent connectivity to major road networks.
- Numerous F&B outlets and services within the development.

8. Westburry Square:
- Twin-tower project offering residential, commercial, and retail spaces.
- Modern design with high-quality finishings.
- Abundant amenities like a gym, pool, and landscaped gardens.
- Close to the upcoming Dubai Water Canal development.

Each of these projects offers unique advantages ranging from iconic architectural design and luxury finishes to strategic location and a range of high-end amenities that surpass the offerings of "Majestine" in terms of overall value, lifestyle, and investment potential.