Majestine, Business Bay: sale prices and transactions
Majestine is a project registered with the Dubai Land Department (project no. 1518) in Business Bay. Since August 2014, 632 residential sales have been registered there, the latest in September 2026. Over the last 12 months, 30 sales closed at a median AED 16,800 per m² (AED 1,561 per sq ft).
- AED 16,800median price per m²
- AED 1,561median price per sq ft
- 632sales since 2014
- 30sales in 12 months
- -5.6%change year on year
Its price per m² is 34.2% below the Business Bay median (AED 25,523/m²). Sales combine off-plan purchases (46.8%) and resales of completed homes.
Majestine prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 20 | AED 817,000 | 44 m² |
| Apartment · 1 bedroom | 8 | AED 1,293,966 | 88 m² |
Majestine price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 52 | AED 19,073 | AED 1,772 | — |
| 2020 | 6 | AED 12,257 | AED 1,139 | -35.7% |
| 2021 | 28 | AED 14,077 | AED 1,308 | +14.8% |
| 2022 | 56 | AED 14,700 | AED 1,366 | +4.4% |
| 2023 | 66 | AED 18,567 | AED 1,725 | +26.3% |
| 2024 | 37 | AED 18,327 | AED 1,703 | -1.3% |
| 2025 | 46 | AED 17,668 | AED 1,641 | -3.6% |
| 2026 (to mid-October) | 21 | AED 16,379 | AED 1,522 | -7.3% |
Majestine rents
313 Ejari contracts started in the project over the last 12 months. Indicative gross yield: studio 7.3%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 182 | AED 60,000 | 53,000 – 67,000 | AED 57,500 |
| Apartment · 1 bedroom | 90 | AED 95,000 | 80,000 – 100,000 | AED 88,200 |
| Apartment · 2 bedrooms | 32 | AED 130,000 | 115,000 – 136,500 | AED 122,500 |
| Apartment · 3 bedrooms | 9 | AED 160,000 | 142,500 – 162,500 | — |
Location
- Nearest metro: Buj Khalifa Dubai Mall Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Neighbouring projects in Business Bay
Same price per m² elsewhere in Dubai
- The Roof Residence, Nad Al Sheba Gardens — AED 16,784/m²
- High Best Tower, Mohammed Bin Rashid Al Maktoum District 11 — AED 16,814/m²
- Emirates Living - Springs 10, Emirates Living — AED 16,779/m²
- Elitz 3 By Danube, Jumeirah Village Circle — AED 16,829/m²
Other projects in Business Bay
- Merano Tower — AED 16,749/m²
- Hamilton Residency — AED 16,869/m²
- West Bay Tower — AED 16,452/m²
- The Atria — AED 16,427/m²
- The Cosmopolitan — AED 16,314/m²
- Churchill Tower — AED 16,270/m²
- West Wharef Tower — AED 16,251/m²
- The Court — AED 17,488/m²
Business Bay property prices · Business Bay rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Majestine?
Over the last 12 months the median is AED 1,561 per sq ft (AED 16,800 per m²) across 30 DLD sales.
How much is a studio at Majestine?
Median sale price AED 817,000 for a median 44 m², across 20 sales over the last 12 months.
How many sales have been registered at Majestine?
632 residential sales registered with the DLD between August 2014 and September 2026, 46.8% of them off-plan.
Where is Majestine?
In Business Bay, Dubai; nearest metro station per the DLD: Buj Khalifa Dubai Mall Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.