Off-plan properties
1-r. new flat, 1582 ft²
in Damac Majestine
674 472 $
426 $/ft²
1582 ft²
4 / 20 floor
Dubai (United Arab Emirates), Business Bay
Damac Majestine
Delivered
Developer: Damac
Description
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1-Bedroom Apartment 1,582 sq. ft. (147 m²) in Damac Majestine, Business Bay, Dubai.
Investing in Dubai real estate is becoming increasingly attractive every year, and spacious residences in premium developments like Damac Majestine are not just homes, but assets with strong potential for capital growth and rental income. This 1,582 sq. ft. apartment combines the comfort of a five-star hotel with the functionality of a private residence.
Apartment features:
– Size: 1,582 sq. ft. (147 m²);
– Layout: 1 bedroom, living and dining area, open-plan kitchen, wardrobes, and bathrooms;
– Tower height: located in a 19-storey building;
– Finishes: contemporary interiors in soft golden tones with blue accents;
– Furnishing: fully furnished with high-quality furniture and appliances;
– View: panoramic Business Bay and Dubai Creek views.
Why it’s a great choice:
– Prime location in the heart of Dubai’s business district — Business Bay;
– Spacious layout suitable for both personal use and rental;
– Delivered premium project by DAMAC Properties;
– Five-star level of services and facilities;
– ROI potential above the district average thanks to strong rental demand.
Community amenities:
– Reception and elegant lobby;
– Swimming pool and lounge areas;
– Modern fitness center;
– SPA facilities with sauna and steam room;
– On-site restaurants and cafés;
– 24/7 security and parking.
Location and accessibility:
– Located in Business Bay, one of Dubai’s key districts;
– 7 minutes to Burj Khalifa and Dubai Mall;
– 10 minutes to DIFC;
– 12 minutes to Jumeirah Beach;
– 18 minutes to Dubai International Airport (DXB).
Developer:
Damac Properties is one of Dubai’s leading developers with a 20-year track record and dozens of premium projects delivered.
Payment plan:
Flexible terms: down payment from 20%, mortgage available through UAE banks.
Frequently Asked Questions:
Is this apartment suitable for rental?
– Yes, thanks to its location in Business Bay and hotel-style services, it is in high demand for both long- and short-term rentals.
Can non-residents buy with a mortgage?
– Yes, Dubai banks provide mortgages to foreigners with a minimum down payment of 20–25%.
Does the apartment have a balcony?
– Yes, it includes a spacious terrace with views of the city and Dubai Creek.
When can I move in?
– The project is complete, fully furnished, and ready for immediate occupancy after purchase.
What is the average ROI in Business Bay?
– Rental yields in the area typically range between 7–9% annually.
Contact me to get a consultation, updated prices, and a selection of layouts in Damac Majestine.
Characteristics
Property type
New flat
Building type
Monolith frame
Rooms
1
Restrooms
1
Area
1582 ft²
Floor
4 / 20
Ceiling height
2.20 m
Furniture
Exists
Finishing
Repair from Developer
Completion date
Delivered
House type
Monolith frame
Window view
Road, courtyard, river
Parking
Under ground
Apartments
Yes
Amenities
Balcony, closed area, freight elevator, passenger elevator, swimming pool
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Property typeNew flatBuilding typeMonolith frameRooms1Restrooms1Area1582 ft²Floor4 / 20Ceiling height2.20 mFurnitureExistsFinishingRepair from DeveloperCompletion dateDeliveredHouse typeMonolith frameWindow viewRoad, courtyard, riverParkingUnder groundApartmentsYesAmenitiesBalcony, closed area, freight elevator, passenger elevator, swimming pool
Purchase conditions
Installment
No
Encumbrance
No
Assignation
No
Proprietorship
Owner
Location
Developer
Damac
Address
Dubai (United Arab Emirates), Business Bay
674 472 $
426 $/ft²
1582 ft²
4 / 20 floor
Viktor Slepets
Object broker
Contact
information
information
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