- Market News
- Markets
- Projects
- Business Bay
- Majestine Allure
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
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | AED 1,418 |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | AED 1,798 |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | AED 1,564 |
| Jul 25 | AED 1,621 |
| Jun 25 | — |
| May 25 | AED 1,353 |
| Apr 25 | — |
| Mar 25 | AED 1,614 |
| Feb 25 | AED 1,717 |
| Jan 25 | — |
| Dec 24 | AED 1,432 |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 2 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 6 |
| Mar 26 | 0 | 0 | 4 |
| Feb 26 | 0 | 0 | 3 |
| Jan 26 | 0 | 0 | 5 |
| Dec 25 | 0 | 0 | 2 |
| Nov 25 | 0 | 0 | 4 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 0 | — | AED 0 | — | — |
| Last 3 months | 1 | down 66.7% | AED 740K | — | — |
| Last 6 months | 4 | down 84.0% | AED 3.60M | — | — |
| Last 12 months | 29 | down 43.1% | AED 31.2M | 1,564 | down 4.9% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 29 | 100% | AED 900K | 1,564 | down 4.9% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 18 | 62% | AED 823K | 1,728 | up 1.6% |
| 1 bedroom | 9 | 31% | AED 1.33M | 1,465 | down 3.5% |
| 3 bedrooms | 2 | 7% | — | — | — |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 25 | 86% | AED 860K | 1,522 | down 6.6% |
| Hotel apartments | 4 | 14% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 28 | 97% | AED 894K | 1,543 | down 6.2% |
| AED 2M–10M | 1 | 3% | — | — | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 66K |
| Sept 26 | AED 60K |
| Aug 26 | AED 60K |
| Jul 26 | AED 55K |
| Jun 26 | AED 62K |
| May 26 | AED 70K |
| Apr 26 | AED 72K |
| Mar 26 | AED 95K |
| Feb 26 | AED 95K |
| Jan 26 | AED 89K |
| Dec 25 | AED 96K |
| Nov 25 | AED 85K |
| Oct 25 | AED 69K |
| Sept 25 | AED 68K |
| Aug 25 | AED 62K |
| Jul 25 | AED 70K |
| Jun 25 | AED 70K |
| May 25 | AED 68K |
| Apr 25 | AED 81K |
| Mar 25 | AED 74K |
| Feb 25 | AED 80K |
| Jan 25 | AED 87K |
| Dec 24 | AED 70K |
| Nov 24 | AED 70K |
- Leases (12M)
- 417
- New leases
- 69.8%
- Median rent 3M
- AED 60K
- Rent/sqft 3M
- AED 109
| Studio apartments | AED 60K / AED 823K | 7.3% |
|---|---|---|
| 1 BR apartments | AED 95K / AED 1.33M | 7.1% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 186 | AED 60K | AED 60K | 123 |
| 1 BR | 98 | AED 95K | AED 95K | 102 |
| 2 BR | 42 | AED 130K | AED 125K | 102 |
Competing projects in Business Bay
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bugatti ResidencesBinghatti | 26 | 5,436 | — |
| DWTN Residences - Downtown ResidencesDeyaar Development | 294 | 2,773 | — |
| Al Habtoor TowerAl Habtoor Group | 177 | 2,661 | — |
| One by BinghattiBinghatti | 172 | 2,205 | up 2.7% |
| Tiger Sky TowerTiger Properties - Tiger Real Estate | 156 | 2,350 | — |
| Volante 2Xtreme Vision | 12 | 3,491 | — |
| Burj Binghatti by Jacob & CoBinghatti | 27 | 3,523 | — |
| Avarra - Business Bay Palace ResidencesEmaar Properties | 59 | 3,460 | — |
| One River PointEllington Properties Development | 79 | 2,714 | — |
| Bayz 102 By DanubeDanube Properties | 93 | 2,955 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 740K | Studio Apartment · 430 sqftMajestine Allure · Business Bay | 20 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.
BT AI Market Desk
Get every brief in your inbox
Create a free BT AI account to receive the daily, weekly and monthly reports by email, and search every Dubai Land Department sale and rental behind them.