Majestine Launch Prices
Off-plan in Business Bay · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
295 developer launch sales registered at Majestine between Aug 2014 and Oct 2018: 100% apartments, most commonly studio units, typically around 809 sqft.
Bed mix: Studio 64% · 1-bed 21% · 2-bed 11% · 3-bed 4%.
Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.
Launch Price by Quarter
Median registered launch price per square foot at Majestine, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2014 Q3 | 28 | AED 1,958 |
| 2014 Q4 | 55 | AED 2,112 |
| 2015 Q1 | 25 | AED 2,112 |
| 2015 Q2 | 10 | AED 2,021 |
| 2015 Q3 | 17 | AED 1,023 |
| 2015 Q4 | 60 | AED 1,995 |
| 2016 Q1 | 38 | AED 1,953 |
| 2016 Q2 | 1 | AED 1,891 |
| 2016 Q3 | 15 | AED 1,968 |
| 2016 Q4 | 1 | AED 2,235 |
| 2017 Q1 | 2 | AED 2,034 |
| 2017 Q2 | 9 | AED 2,180 |
| 2017 Q3 | 2 | AED 2,193 |
| 2017 Q4 | 4 | AED 2,094 |
| 2018 Q1 | 8 | AED 1,742 |
| 2018 Q2 | 7 | AED 1,855 |
| 2018 Q3 | 7 | AED 1,766 |
| 2018 Q4 | 6 | AED 1,734 |
Launch vs Resale
Majestine also has 191 ready-market resales registered with the DLD, the first on 19 February 2019 - 54 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in Business Bay
Off-plan in Business Bay
Compare this project with every other off-plan launch registered in Business Bay, or see the community's resale market.
All Business Bay projects