Is this a good buy?
Buy / Watch / Skip verdict scored against similar homes.
BUY 76/100 conviction
OFF-PLANDEVELOPER OFF-PLAN
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Wolfie Verdict
BUY76 / 100 conviction
DAMAC Majestine by DAMAC is a Developer Off-Plan launch in Business Bay, handover 2018-Q2. Entry pricing starts at From AED 1.81M.
Business Bay averages 7.5% annual appreciation and 6.8% area rent return once handed over. Wolfie projects a 43.6% value uplift over 5 years on these community fundamentals.
Investment Summary
Numbers at a glance
| Entry price | From AED 1.81M |
| Handover | 2018-Q2 |
| Payment plan | Payment Plan |
| Area average rent return | 6.8% |
| Annual appreciation | +7.5% |
| Y5 projected value | AED 2.59M |
| Golden Visa eligible | No |
| Developer | DAMAC |
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Location & Investment Impact
Location Analyzer
Schools (1) Healthcare (1) Shopping (1) Transport (2)
Business Bay, Business Bay, Dubai, United Arab Emirates
What’s nearby
Metro station
Business Bay Metro
5min
Major road
Al Khail Road
4min
Shopping centre
Bay Avenue Mall
4min
School
Jumeirah International Nurseries
7min
Hospital
Aster Clinic Business Bay
6min
Business hub
DIFC
6min
What this location means for your investment
Homes in Business Bay command around a 10% rental premium over the central-Dubai average, driven by Dubai Water Canal frontage and a walk to Downtown.
Corporate tenants from DIFC and Downtown Dubai, both under 7 minutes away, keep demand steady year round.
A dense commercial core and constant tenant churn support steady rental growth.
Property description
About DAMAC Majestine
Project Summary
DAMAC Majestine is a completed luxury residential development by DAMAC in Business Bay, delivered in Q2 2018. The building comprises 6 furnished units including studios and one-, two-, and three-bedroom apartments, with prices ranging from 1,807,000 AED to 2,515,000 AED. The service charge is 17.65 AED per square foot. All residences are delivered fully furnished with premium-quality finishes, refined fittings, and elegant furnishings. Kitchens come equipped with modern appliances, and layouts are designed to combine sophistication with practicality. The development offers swimming pools, fitness areas, landscaped spaces, and concierge services. Located in Business Bay, the project sits minutes from Downtown Dubai and Burj Khalifa, with direct access to Sheikh Zayed Road and Al Khail Road. The district is a central business and residential hub with high-rise towers, luxury hotels, modern office spaces, and views of the Dubai Canal.
Features & Amenities
Beautiful Landscaped Gardens
State Of The Art Gymnasium
Steam Rooms And Sauna
Children’S Play Area
Luxurious Swimming Pool For Adults With Children’S Pool
Payment Plan
Payment Plan
Floor Plans
Available units
| Type | Bedrooms | Size | Price | |
|---|---|---|---|---|
| 1-Bedroom | 1 | 905–905 | AED 1.71M | |
| 1-Bedroom | 1 | 1620–1620 | AED 2.52M | |
| 1-Bedroom | 1 | 1578.42–1578.42 | AED 2.48M |
Full Wolfie Report
Want the complete Wolfie analysis for this property?
We’ll generate a full PDF report, Wolfie Verdict, exit-strategy scenarios, capital appreciation, rental yield, and the investor brief, and an advisor will follow up to walk you through it.