Majestine Allure

P1 — Delivered Off-Plan Primary
Developer Damac Properties
Community Business Bay
Property type Apartment
Data updated Mar 30, 2026

Majestine Allure is a Delivered development by Damac Properties in Business Bay. 497 units across Studio (57%), 1 Bedroom (30%), 2 Bedroom (9%). Over the trailing 12 months, 704 sales at a median of AED 1,002,500.

Key Metrics
Median Price
Value
AED 1,002,500
Change
7.7% YoY
Transactions
Value
704
Change
44 in period
Price / sqft
Value
AED 1,668
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 1,002,500
↑ 7.7% YoY
Transactions
704
↑ 44 in period
Price / sqft
AED 1,668
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
1.9%
Holding Period
Value
3.2 yrs
Liquidity
Value
7.7%
Price Dispersion
Value
12.0%
Ready Market Mix
Value
0.0%
Rental Activity
Value
54.7%
Capital Return
1.9%
Holding Period
3.2 yrs
Liquidity
7.7%
Price Dispersion
12.0%
Ready Market Mix
0.0%
Rental Activity
54.7%

Rental Performance

Rental Volume
Value
2,418
Avg Annual Rent
Value
AED 69,436
New Leases
Value
71.9%
Renewals
Value
28.1%
Rental Volume
2,418
Avg Annual Rent
AED 69,436
New Leases
71.9%
Renewals
28.1%

Unit Mix

By bedroom type
Studio 283 units · 57%
1 Bedroom 147 units · 30%
2 Bedroom 45 units · 9%
3 Bedroom 22 units · 4%

Transaction Breakdown

All time — 704 transactions
Off-Plan Primary
345
Off-Plan Secondary
4
Ready Primary
152
Ready Secondary
203

Price History

Median Price — Majestine Allure

Median prices in Majestine Allure have risen sharply, up 33% from AED 820K to AED 1.1M over the past 12 months.

Recent Transactions

Showing last 10 of 704
Date Type Price (AED) Size (sqft) AED/sqft
Mar 30, 2026 RP Secondary 1,350,000 893 1,510
Mar 30, 2026 RP Secondary 825,000 460 1,790
Mar 12, 2026 RP Secondary 1,280,000 963 1,328
Mar 04, 2026 RP Secondary 900,000 492 1,825
Feb 27, 2026 RP Secondary 1,430,000 853 1,676
Feb 27, 2026 RP Secondary 1,000,000 479 2,086
Feb 01, 2026 RP Secondary 814,000 474 1,715
Jan 29, 2026 RP Secondary 830,000 478 1,733
Jan 27, 2026 RP Secondary 860,000 478 1,797
Jan 27, 2026 RP Secondary 820,000 455 1,799

This project is in Business Bay

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