PropertyIndex

Majestine

Completed · Q3 2018|506 units · 1 tower

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Majestine is a completed apartment development by BUSINESS TOWER INVESTMENT L.L.C in Business Bay, comprising 506 registered units. 645 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,462 per sqft. At AED 1,462 per sqft, Majestine prices 40% below the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · 9.3% YoY
1.12MAED
Typical
1,462AED
PSF
Gross yield
6.6%
PIX© rent ÷ PIX© price
Sale records
645
DLD · all time
Rent contracts
2,586
Ejari · all time
Majestine

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
429 – 2,042 sqft
5061.12M1,4629.3%74K6.6%
Residential
Studio · Apartment
429 – 921 sqft
252
1 Bed · Apartment
779 – 1,620 sqft
135
2 Bed · Apartment
1,068 – 1,609 sqft
40
3 Bed · Apartment
1,420 – 2,042 sqft
21
Studio · Hotel Apartment
430 – 616 sqft
31
1 Bed · Hotel Apartment
820 – 1,003 sqft
14
2 Bed · Hotel Apartment
1,068 – 1,352 sqft
5
3 Bed · Hotel Apartment
1,420 sqft
1
Commercial
Shop
689 – 933 sqft
7
Sales — Project-Wide645 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
20 Jul 20261 BedFloor 49561,282,9311,342-31.9%Entry LevelStandard Sale
25 Jun 2026StudioFloor 14493750,0001,522-16.7%StandardStandard Sale
9 Jun 2026StudioFloor 7617830,0001,346-14.4%Entry LevelStandard Sale
Rentals — Project-Wide2,586 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 716 rentals
Floors 4-17 · 657 rentals
Floors 18-19 · 59 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
16 Sep 20262 Bed1,491135,00091Standardrenewal
24 Aug 2026Studio48957,600118Standardrenewal
15 Aug 20261 BedFloor 1797870,00072+1.4%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Common questions about Majestine

Answered from Dubai Land Department registered transactions.

How much does a property in Majestine cost?

Property in Majestine sells at a current PIX© price of AED 1,462 per sqft, or about AED 1,118,340 for a typical unit, based on 645 sales registered with the Dubai Land Department.

Is Majestine completed?

Yes. Majestine is recorded as completed in the Dubai Land Department project register (completed q3 2018).

Who is the developer of Majestine?

Majestine is developed by BUSINESS TOWER INVESTMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Majestine?

Majestine yields 6.6% gross, calculated from current PIX© rent against current PIX© sale price, across 2,586 registered Ejari contracts.

How many units are in Majestine?

Majestine holds 506 registered units, per the Dubai Land Department unit register.

Have prices in Majestine gone up or down?

Price per sqft has fallen -9.3% over the last 12 months, to AED 1,462, across 645 registered sales.