DAMAC Majestine

DAMAC Majestine is a completed residential tower by DAMAC Properties, situated in Business Bay, Dubai. The building delivers furnished apartments across a single tower, completed in Q2 2018, with a small number of units currently available on the secondary market.

# The tower and its position in Business Bay

Business Bay occupies the southern edge of Downtown Dubai, separated from it by little more than a few hundred metres and a stretch of the Dubai Water Canal. The district has matured considerably since its early development years, shifting from a predominantly commercial address into a mixed neighbourhood where residential towers sit alongside hotel brands, restaurants and canal-facing promenades.

Majestine slots into this landscape as a mid-scale luxury building. It is a single tower, fully completed and operational, which matters to buyers wary of construction timelines. The 100 per cent readiness progress means service charges, building management and communal facilities are established facts, not projections.

# Residences, layouts and specification

The available units are all one-bedroom apartments, ranging from 886 sq ft to 1,620 sq ft. That upper figure is substantial for a one-bedroom configuration in this district, and the spread suggests meaningful variation in layout rather than a uniform floor plate repeated across the building.

All residences are furnished. Kitchens are fitted and equipped. The interiors carry the specification level DAMAC has applied across its Business Bay portfolio: appointed finishes, premium fittings and a turnkey ready condition that suits both owner-occupiers relocating to Dubai and investors purchasing for immediate rental income.

Pricing runs from AED 1,670,000 to AED 2,515,000 for the current inventory. The service charge is 17.65 AED per sq ft annually.

# Amenities on site

The building's facilities cover the expected range for a completed luxury tower of this vintage. There is a swimming pool with a dedicated children's pool, a gymnasium, steam rooms and sauna, a children's play area, and landscaped gardens at ground level.

These are not extensive by the standards of newer large-scale master communities, but they are sufficient for a building of this size, and the proximity of Business Bay's wider infrastructure reduces the dependency on in-building provision.

# Downtown access and daily connections

The address places residents close to a dense cluster of destinations. Downtown Dubai is 1.3 km away, a six-minute drive. Souk Al Bahar and The Dubai Mall are reachable in roughly the same time. South Ridge Park, one of the more pleasant green spaces in the central city, sits 1.7 km to the north.

Dubai International Airport is 14.2 km out, averaging 17 minutes by car under normal traffic conditions. Mercato Beach on Jumeirah Beach Road is 6.6 km, a journey of around 17 minutes.

City School Holdings International, an established schooling option, is approximately 2 km away, a five-minute drive.

# Who this building suits, and where it sits in the market

Majestine is a practical entry point into Business Bay ownership at a price band below the district's newer launches. For a buyer seeking a furnished, income-generating asset in a completed building with a central Dubai address, the proposition is straightforward.

The larger one-bedroom formats, particularly those approaching 1,578–1,620 sq ft, function closer to a two-bedroom in usable space, which broadens the rental pool. Investors focused on yield rather than capital appreciation from off-plan speculation will find the fundamentals here more legible than in a pre-delivery project. The building is operating, the service charge is known, and the location's long-term demand drivers, proximity to Downtown, the canal, and major transport links, are not contingent on future development.