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Project · #1855 by 12M value

Majestine Allure

Business Bay · Damac Properties

Median price per sqft · last 3 months

— /sqft

3M like-for-like
—
vs 1 year ago
—
Sales 30D
0

Market bulletin · Thu, 22 Oct 2026

Majestine Allure: 0 sales worth AED 0 in 30 days

Majestine Allure recorded 0 sales worth AED 0 in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.

By market over 12 months: secondary (ready) sales 100%.

In Business Bay, Majestine Allure ranked #11 of 11 leading projects by 12-month sales value; it is developed by Damac Properties.

Leases registered in the last three months had a median annual rent of AED 60K. The best gross yield is on Studio apartments at about 7.3%.

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26—
Sept 26—
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26AED 1,418
Mar 26—
Feb 26—
Jan 26AED 1,798
Dec 25—
Nov 25—
Oct 25—
Sept 25—
Aug 25AED 1,564
Jul 25AED 1,621
Jun 25—
May 25AED 1,353
Apr 25—
Mar 25AED 1,614
Feb 25AED 1,717
Jan 25—
Dec 24AED 1,432
Nov 24—

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26000
Sept 26000
Aug 26001
Jul 26001
Jun 26002
May 26000
Apr 26006
Mar 26004
Feb 26003
Jan 26005
Dec 25002
Nov 25004

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
WindowSalesvs priorValueAED/sqftvs prior
Last 1 month0—AED 0——
Last 3 months1down 66.7%AED 740K——
Last 6 months4down 84.0%AED 3.60M——
Last 12 months29down 43.1%AED 31.2M1,564down 4.9%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Secondary (ready)29100%AED 900K1,564down 4.9%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
Studio1862%AED 823K1,728up 1.6%
1 bedroom931%AED 1.33M1,465down 3.5%
3 bedrooms27%———
By property type (12M)
TypeSalesShareMedian priceAED/sqft1Y
Apartments2586%AED 860K1,522down 6.6%
Hotel apartments414%———
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
Under AED 2M2897%AED 894K1,543down 6.2%
AED 2M–10M13%———

Rents & yields

Leases registered with Ejari / DLD.

Median annual rent

Monthly median of registered leases (new and renewed)

View data table
Median annual rent
DateAnnual rent
Oct 26AED 66K
Sept 26AED 60K
Aug 26AED 60K
Jul 26AED 55K
Jun 26AED 62K
May 26AED 70K
Apr 26AED 72K
Mar 26AED 95K
Feb 26AED 95K
Jan 26AED 89K
Dec 25AED 96K
Nov 25AED 85K
Oct 25AED 69K
Sept 25AED 68K
Aug 25AED 62K
Jul 25AED 70K
Jun 25AED 70K
May 25AED 68K
Apr 25AED 81K
Mar 25AED 74K
Feb 25AED 80K
Jan 25AED 87K
Dec 24AED 70K
Nov 24AED 70K
Leases (12M)
417
New leases
69.8%
Median rent 3M
AED 60K
Rent/sqft 3M
AED 109
Gross yield
Studio apartmentsAED 60K / AED 823K7.3%
1 BR apartmentsAED 95K / AED 1.33M7.1%
Rent by bedrooms (12M)
BedroomsLeasesMedian rentNew leasesAED/sqft/yr
Studio186AED 60KAED 60K123
1 BR98AED 95KAED 95K102
2 BR42AED 130KAED 125K102

Competing projects in Business Bay

Compare

Other projects trading in the same community

Peers
NameSales 12MAED/sqft3M
Bugatti ResidencesBinghatti265,436—
DWTN Residences - Downtown ResidencesDeyaar Development2942,773—
Al Habtoor TowerAl Habtoor Group1772,661—
One by BinghattiBinghatti1722,205up 2.7%
Tiger Sky TowerTiger Properties - Tiger Real Estate1562,350—
Volante 2Xtreme Vision123,491—
Burj Binghatti by Jacob & CoBinghatti273,523—
Avarra - Business Bay Palace ResidencesEmaar Properties593,460—
One River PointEllington Properties Development792,714—
Bayz 102 By DanubeDanube Properties932,955—

Biggest sales, last 3 months

Biggest sales in Majestine Allure
PricePropertyDate
AED 740KStudio Apartment · 430 sqftMajestine Allure · Business Bay20 Aug

Questions about Majestine Allure

How many properties were sold in Majestine Allure in the last year?

29 sales worth AED 31.2M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.

What is the average rent in Majestine Allure?

The median annual rent on leases registered in the last three months was AED 60K, and the best gross rental yield is about 7.3%.

Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.

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