About Majestine
Majestine is a hotel tower by Business Tower Investment, in Business Bay, Dubai. It rises 20 storeys (a ground floor, 3 podium levels, 16 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 506 homes.
Key information
Developer
Business Tower Investment
- Handover
- Q3 2018
- Status
- Handed over
- Location
- Business Bay, Dubai
- Master project
- Business Bay
- Construction started
- 2014
- Number of buildings
- 1
- Number of units
- 506
- Registered with DLD
- 19 May 2014
- Escrow bank
- Emirates NBD
- Escrow account no.
- 0204955384009
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2014
- Handed overQ3 2018
Construction progress
92 inspection photos from the Dubai Land Department. Latest 25 Jul 2018 at 100% complete.
Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
8 Elevators
17 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
696
Median price
AED 1.0M
Median price / sqft
AED 2K-24%
Off-plan share
50%
Priced 5% above than the Business Bay median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 419 | 602 sqft | AED 929K | AED 2K |
| 1 Bed | 188 | 915 sqft | AED 1.6M | AED 2K |
| 2 Bed | 61 | 1,270 sqft | AED 2.2M | AED 2K |
| 3 Bed | 28 | 1,560 sqft | AED 2.6M | AED 2K |
Price per sqft by year
-24% since 2014AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 20 Aug 2026 | Resale | 430 sqft | AED 740K | AED 2K |
| 19 Aug 2026 | Resale | 1,006 sqft | AED 1.3M | AED 1K |
| 20 Jul 2026 | Resale | 956 sqft | AED 1.3M | AED 1K |
| 25 Jun 2026 | Resale | 493 sqft | AED 750K | AED 2K |
| 09 Jun 2026 | Resale | 617 sqft | AED 830K | AED 1K |
| 23 Apr 2026 | Resale | 1,034 sqft | AED 1.4M | AED 1K |
| 21 Apr 2026 | Resale | 612 sqft | AED 887K | AED 1K |
| 07 Apr 2026 | Resale | 944 sqft | AED 1.3M | AED 1K |
Unit mix
506 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Shop | 7 | - |
| Studio | 31 | 430 - 616 sqft |
| 1 B/R | 14 | 820 - 1,003 sqft |
| 2 B/R | 5 | 1,068 - 1,352 sqft |
| 3 B/R | 1 | 1,420 sqft |
| Studio | 252 | 430 - 616 sqft |
| 1 B/R | 135 | 820 - 1,003 sqft |
| 2 B/R | 40 | 1,068 - 1,352 sqft |
| 3 B/R | 21 | 1,420 sqft |
Payment plan
Payment plans are set by Business Tower and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Business Bay, Dubai.
Business Bay
Dubai, United Arab Emirates
Frequently asked questions
Majestine has already been handed over (Q3 2018), according to Dubai Land Department records.
