Project general facts DAMAC Majestine is a luxury residential development located in the heart of Business Bay, one of Dubai’s most prominent mixed-use districts. The project offers a collection of furnished studios as well as one-, two-, and three-bedroom apartments, designed to combine contemporary elegance with the convenience of urban living. Positioned close to Downtown Dubai and key business destinations, DAMAC Majestine provides residents with a prestigious address and easy access to the city’s commercial, retail, and entertainment hubs. The development is designed to deliver a premium lifestyle experience supported by a range of resident-focused amenities and services. Residents can enjoy facilities such as swimming pools, fitness areas, landscaped spaces, and concierge services, all contributing to a comfortable and well-rounded living environment. The project also places a strong emphasis on privacy, security, and convenience, making it suitable for both end-users and investors seeking a high-quality residential offering in a central location. The interiors feature thoughtfully planned layouts with expertly designed living spaces finished to a high standard. Residences
| Milestone | Share | On AED 2.48M |
|---|---|---|
| On booking | 100% | AED 2.48M |
| Milestone | When | Amount |
|---|---|---|
| Downpayment (100%) | On booking | AED 2,477,000 |
| DLD fee (4%) | On booking | AED 99,080 |
| Admin / Oqood (est.) | On booking | AED 5,250 |

DAMAC Properties is part of DAMAC Group that has been shaping the Middle East's luxury real estate market since 1982, delivering iconic residential, commercial and leisure properties across the region and beyond. Since the early days of DAMAC Properties, the organisation has continually received recognition and…
Latest published inspection ratings, KHDA (Dubai) and ADEK (Abu Dhabi). Drive times approximate. Full school checker →
DAMAC Majestine starts from AED 2.48M, across 1 bedroom, 1 bedroom, 1 bedroom, 1 bedroom. Prices move with each release; the pack carries the current list.
100% on booking, worked in dirhams on AED 2.48M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
DAMAC lists handover for Q2 2018, with the project currently completed. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
In Business Bay, Dubai: City School Holdings International 5 min, South Ridge Park 5 min, Souk Al Bahar Dubaï Mall 6 min. The Business Bay community guide on this site has the registered prices, rents and schools around it.
Yes, units from AED 2M qualify for the 10-year Golden Visa, including off-plan with a payment plan in progress. We handle the application as part of the purchase.
Yes, escrow account 0204955384009. Payments release to the developer only against certified construction progress.
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.