Business Bay·Developer: DAMAC
A fully paid, ready-to-transfer three-bedroom apartment in DAMAC Majestine — one of Business Bay's established residential towers — offering simultaneous outlooks across a landscaped park and a resort-style pool. The built-up area spans 1,420 sq ft, delivering a generous three-bedroom footprint that is well above the district's typical one- and two-bedroom stock.
The property is currently tenanted under a lease running through 19 May 2027, providing an investor with an immediate income position and no void period at acquisition. The listed indicative annual rent is AED 200,000. For a live picture of how Business Bay residential rents are moving, the Business Bay Community Guide covers leasing trends and sub-district pricing across the area.
Building amenities at DAMAC Majestine include an infinity pool, a fully equipped gym, sauna, spa, a kids' play area, and a staffed concierge — a breadth of facilities more commonly associated with larger mixed-use towers closer to Downtown Dubai. The apartment is available in two configurations: unfurnished at AED 2,425,000 or furnished at AED 2,455,000, both figures being the owner's stated asking price at the time of listing.
The property is fully paid with no remaining developer finance or post-handover obligations, which streamlines due diligence and accelerates the transfer process. This is a direct-owner listing. Buyers who want context on DAMAC's delivery record across Dubai can consult the honest review of DAMAC's off-plan project track record for an independent perspective on the developer.
Business Bay draws both end-users and yield-focused investors through its canal-edge positioning, walkable connection to Downtown Dubai, and a maturing retail and F&B landscape. Buyers interested in how Business Bay assets perform on a yield basis can read this Business Bay cap-rate case study, which examines income dynamics across asset classes in the district. Those still mapping out their broader Dubai property strategy may also find value in the 2026 buyer's shortlist of the best areas to buy property in Dubai.
Buyers comparing ready residential inventory across Dubai can browse the full live property listings for current available options.
Dubai's central business district with Dubai Canal and Downtown views.
Payment Plan: Fully Paid. Indicative Annual Rent: AED 200,000. Listing Source: Direct – Owner.
The owner's listed asking price is AED 2,425,000 for the unfurnished apartment and AED 2,455,000 for the furnished version. Both are the owner's indicative prices at the time of listing.
The apartment is a completed, ready property. It is currently tenanted and can be transferred to a new buyer without any construction waiting period.
The apartment is rented through 19 May 2027. The listed indicative annual rent is AED 200,000. An investor acquiring this unit during the tenancy period would receive the contracted rent for the remainder of that lease term.
DAMAC Majestine offers an infinity pool, fully equipped gym, sauna, spa, kids' play area, and staffed concierge service within the building.
The apartment overlooks a landscaped park and the building's pool, providing dual park and pool views.
No. The property is fully paid — there is no remaining developer finance, pending developer payment plan, or post-handover obligation attached to this unit.
The built-up area is approximately 1,420 sq ft, arranged across a three-bedroom layout.
This is a direct-owner listing, meaning the asking price the owner's position rather than a layered intermediary margin.