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Majestine

A studio in Majestine costs a median AED 827,500, rents long-let for AED 65,000/yr (8.67% gross), and returns 12.08% short-let at the assumed 80% occupancy — +1.0 pts vs Business Bay's 7.62% and +1.7 pts vs Dubai's 6.97% — from 50 sales and 258 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
24 in 12 months
Rental contracts · Studio
131 in 12 months
Buy
827,500AED
AED 1,706/sqft
Long-let
8.67%
AED 65,000/yr
Short-let
12.08%
AED 438/night · 0.91/sqft

Price per sqft: Median of 9 registered sales of ready units in the last 6 months, most recent August 2026.

Priced off 3 sales in the last 3 months.

Yield spread
+1.0 pts
vs the Business Bay median for this unit type
Turnover upside
+2.9%
new tenants pay more than sitting ones — 103 renewals
AED/yr/sqft
AED 135
Sales
50
Rental contracts
258
Renewal rent
AED 63,170/yr
12 months
-1.0%
3 years
+6.5%+2.1%/yr
5 years
+31.2%+5.6%/yr

Based on 50 sales and 258 rental contracts in the last 24 months.

Majestine is an apartment building in Business Bay, Dubai. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2015 to 2026, 1,210 registered sales in all — the 50 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 827,50017208.67%
+1.0 pts
-1.0%50
1 bedAED 1.32M14917.28%
+0.1 pts
-0.9%26
2 bedAED 1.79M13297.28%
+0.6 pts
—5
3 bedAED 2.41M15706.67%
-0.1 pts
-5.3%6

Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.
  • 2 bed: Priced off the last 5 sales — most recent June 2025.

Short-let rates around Majestine

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio500m4380.91AED 100,001AED 65,0001.5×12.08%5+
1 bed5320.60AED 116,242AED 95,0001.2×8.77%6+
2 bed7370.55AED 159,304AED 130,0001.2×8.92%3+
3 bed500m2,1601.40AED 507,047AED 160,0003.2×21.00%3+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.55 AED/night/sqft; latest Sep 2027, 0.39 AED/night/sqft; peak Nov 2026, 0.82 AED/night/sqft. 2 bed: first Oct 2026, 0.59 AED/night/sqft; latest Sep 2027, 0.37 AED/night/sqft; peak Nov 2026, 0.75 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Majestine itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Majestine between 2014 and 2018 went for a median of AED 2,006/sqft (AED 1.05M). The same building resells today at AED 1,668/sqft (AED 953,000) — an uplift of -9.1%.

Based on 345 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

38 resales in the last 12 months, against 52 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
20 Aug 2026Studio430AED 740,0001,722
19 Aug 20261 bed1,006AED 1,250,0001,243
20 Jul 20261 bed956AED 1,282,9311,342
25 Jun 2026Studio493AED 750,0001,522
9 Jun 2026Studio617AED 830,0001,346

5 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Oct 20262 bed1,356AED 130,00096New
1 Oct 20262 bed1,356AED 130,00096New
16 Sept 20262 bed1,491AED 135,00091Renewal
4 Sept 2026Studio479AED 52,000109New
1 Sept 20261 bed1,034AED 80,00077New
1 Sept 2026Studio497AED 60,000121New
28 Aug 2026Studio497AED 58,125117New
24 Aug 2026Studio489AED 57,600118Renewal
22 Aug 2026Studio456AED 50,000110New
20 Aug 20261 bed853AED 110,000129New
19 Aug 20261 bed897AED 84,00094New
18 Aug 20261 bed978AED 88,20090New
15 Aug 20261 bed978AED 70,00072New
15 Aug 2026Studio479AED 60,000125New
13 Aug 20261 bed886AED 76,00086New
13 Aug 2026Studio479AED 50,000104Renewal
10 Aug 2026Studio886AED 63,00071New
10 Aug 20261 bed956AED 90,00094Renewal
8 Aug 2026Studio481AED 50,000104New
7 Aug 20261 bed896AED 75,00084New
5 Aug 2026Studio479AED 50,000104New
4 Aug 2026Studio480AED 52,000108New
4 Aug 2026Studio461AED 60,000130Renewal
1 Aug 20263 bed1,420AED 135,00095Renewal
1 Aug 2026Studio479AED 55,000115Renewal
1 Aug 2026Studio479AED 55,000115New
31 Jul 2026Studio499AED 55,000110New
27 Jul 2026Studio453AED 45,00099New
27 Jul 2026Studio457AED 48,000105New
25 Jul 20261 bed823AED 78,00095New
20 Jul 2026Studio499AED 52,000104New
19 Jul 20261 bed978AED 80,00082New
18 Jul 2026Studio430AED 55,000128New
17 Jul 2026Studio643AED 55,00086New
16 Jul 20261 bed1,007AED 79,00078New
15 Jul 2026Studio459AED 45,00098New
11 Jul 2026Studio617AED 60,00097New
11 Jul 2026Studio453AED 48,000106New
10 Jul 2026Studio479AED 52,000108New
10 Jul 20262 bed1,247AED 105,00084New
10 Jul 20261 bed978AED 100,000102Renewal
10 Jul 20261 bed1,034AED 80,00077Renewal
10 Jul 2026Studio499AED 49,00098New
9 Jul 2026Studio481AED 59,000123New
9 Jul 2026Studio472AED 46,00097New
7 Jul 2026Studio474AED 55,000116New
5 Jul 2026Studio497AED 55,000111New
5 Jul 20261 bed1,000AED 85,00085New
3 Jul 2026Studio478AED 53,000111New
1 Jul 2026Studio447AED 60,000134Renewal
1 Jul 2026Studio457AED 55,000120New
1 Jul 2026Studio479AED 55,000115New
1 Jul 2026Studio474AED 55,000116New
1 Jul 20261 bed1,034AED 80,00077New
1 Jul 2026Studio479AED 55,000115New
30 Jun 20261 bed944AED 80,00085New
29 Jun 2026Studio472AED 48,000102New
25 Jun 2026Studio430AED 53,000123New
24 Jun 20263 bed1,849AED 150,00081New
22 Jun 2026Studio479AED 54,848114New

Showing the 60 most recent of 82 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
17
Lifts
8
Parking bays
457
Swimming pools
1

Nearby

Metro
Burj Khalifa / Dubai Mall Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Business Bay, on the same figures over the same window.

Common questions

What is the rental yield in Majestine?
Majestine returns 8.67% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 258 rental contracts registered in the last 24 months.
How much does a studio in Majestine cost?
The median registered sale price is AED 827,500 (1,720 AED/sqft), from 50 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Majestine selling for right now?
Registered sales of ready units in Majestine over the last 6 months have a median of 1,706 AED/sqft, across 9 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Majestine risen or fallen?
Median price per square foot moved -1.0% over the last 12 months against the 12 before it, on 50 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Majestine compare with Business Bay?
Its 8.67% gross yield sits +1.0 pts against the Business Bay median of 7.62%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Majestine sale record

Record type
Building-level property market record
Data date
Evidence base
50 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/sale/apartments/dubai/business-bay/majestine
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Majestine sale prices and yield.” Business Bay, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/majestine.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.