DAMAC Majestine

Completed|506 units · 1 tower

DAMAC Majestine is a completed development by DAMAC in Business Bay, comprising 506 registered units. 693 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,544 per sqft. At AED 1,544 per sqft, DAMAC Majestine prices 18% below the Business Bay median of AED 1,876 per sqft on registered sales.

PIX© price · ↓2.1% YoY

1.09MAED

Typical

1,544AED

PSF

Gross yield

6.8%

PIX© rent ÷ PIX© price

Sale records

693

DLD · all time

Rent contracts

2,618

Ejari · all time

SATELLITE

LocationBusiness Bay

Drive times · typical

Downtown Dubai6 min · 1.2 km

DXB Airport15 min · 15.8 km

DIFC14 min · 5.1 km

Dubai Marina25 min · 22.8 km

Palm Jumeirah26 min · 25.1 km

Nearest · straight-line

Metro stationBurj Khalifa/ Dubai Mall Metro Station2.1 km

MallBay Square by Dubai Retail0.2 km

SchoolSwimsafe Swimming Private Instructor Lesson0.1 km

HospitalRB0.1 km

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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 5

…

Studio on Floor 5, DAMAC Majestine

Size
Record: Sep 2015 to Aug 2026
Owners: 4
Tenants: 6
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
6Tenant 6	8 Aug 2026		Owner 4
5Tenant 5	29 May 2025	12 mo	Owner 4
4Tenant 4	15 Mar 2024	14 mo	Owner 4
3Tenant 3	25 Sep 2023	5 mo	Renewal · Ended early Owner 4
4Owner 4	31 Jul 2023	3.1 yrs	Current owner Sold with tenant in place
3Tenant 3	25 Sep 2022	12 mo	Renewal Owner 3
3Tenant 3	25 Sep 2021	12 mo	Owner 3
3Owner 3	15 Nov 2020	2.7 yrs	Sold with tenant in place
2Tenant 2	24 Jul 2020	12 mo	Owner 2
1Tenant 1	1 Jul 2019	13 mo	Owner 2
2Owner 2	8 Apr 2019	19 mo
1Owner 1	7 Sep 2015	3.6 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 5 · DAMAC Majestine

Nightly rateAED

Occupancy (237 nights)

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DAMAC Majestine1,544AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 429 - 2,042 sqft	506	1.09M	1,544	↓2.1%		75K	6.8%
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-Wide693 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
20 Aug 2026	Studio	DAMAC Majestine · Floor 7	430	740,000	1,722	-19.3%	Standard	Standard Sale
18 Aug 2026	1 Bed	DAMAC Majestine · Floor 18	1,006	1,250,000	1,243	-36.3%	Entry Level	Standard Sale
20 Jul 2026	1 Bed	DAMAC Majestine · Floor 4	956	1,282,931	1,342	-31.9%	Standard	Standard Sale

Rentals - Project-Wide2,618 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
10 Sep 2027	Studio	DAMAC Majestine · Floor 13	475	61,831	130	-	Standard	CONTRACT
1 Oct 2026	2 Bed	DAMAC Majestine · Floor 13	1,356	130,000	96	-	Standard	CONTRACT
1 Oct 2026	2 Bed	DAMAC Majestine · Floor 13	1,356	130,000	96	-	Standard	CONTRACT

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

DAMAC Majestine

Compared with

Damac Maison Cour Jardin

PIX© PSF

1,588

Rank

#28 of 37

#27 of 37

Typical price

1.04M

Yield

7.5%

Units

506

368

Sales

147

141

Rents

1,424

921

Developer

DAMAC

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Millennium Binghatti Residences BINGHATTI DEVELOPERS FZE · Completed	246					93	418
	Waters Edge DAMAC · Completed	222					91	404
	Executive Bay A DAMAC · Completed	176					80	432
	J ONE Tower A RKM DURAR PROPERTIES L.L.C · Completed	271					90	222
	Damac Maison Cour Jardin DAMAC · Completed	368					141	921
28	DAMAC Majestine DAMAC · Completed	506	1,588	Subject	1.04M	7.5%	147	1,424
	Elite Business Bay Residence TRIPLANET RANGE 2 INVESTMENTS LIMITED · Completed	540					214	1,436
	Damac Maison The Vogue DAMAC · Completed	199					87	460
	Bay Square Building 9 EMAAR · Completed	179					224	416
	Capital Bay Tower A DAMAC · Completed	176					92	484
	AG Tower ARABIAN GULF PROPERTIES · Completed	596					100	1,184

Community median 1,876 AED/sqft. Showing the closest-ranked peers of 37 ranked projects in the community. 13 community projects excluded for insufficient recorded sales. 57 excluded for trading only in the off-plan market. 23 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Capital Bay Tower AAED 1,540/sqft
Bay Square Building 9AED 1,568/sqft
AG TowerAED 1,520/sqft
Damac Maison The VogueAED 1,569/sqft
Elite Business Bay ResidenceAED 1,578/sqft
Damac Maison Cour JardinAED 1,625/sqft

Common questions about DAMAC Majestine

Answered from Dubai Land Department registered transactions.

How much does a property in DAMAC Majestine cost?

Property in DAMAC Majestine sells at a current PIX© price of AED 1,544 per sqft, or about AED 1,089,119 for a typical unit, based on 693 sales registered with the Dubai Land Department.

Is DAMAC Majestine completed?

Yes. DAMAC Majestine is recorded as completed in the Dubai Land Department project register.

Who is the developer of DAMAC Majestine?

DAMAC Majestine is developed by DAMAC, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in DAMAC Majestine?

DAMAC Majestine yields 6.8% gross, calculated from current PIX© rent against current PIX© sale price, across 2,618 registered Ejari contracts.

How many units are in DAMAC Majestine?

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

Have prices in DAMAC Majestine gone up or down?

Price per sqft has fallen -2.1% over the last 12 months, to AED 1,544, across 693 registered sales.