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DAMAC Maison Majestine, Business Bay

DAMAC Maison Majestine, Business Bay

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Strengths

Luxurious Accommodations

Prime Location

Amenities and Services

Weakens

High Price Point

Parking Limitations

Noise from Surrounding Area

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Description

DAMAC Maison Majestine, Business Bay

Real Estate Overview

Building Overview

  • Located in the vibrant Business Bay area, DAMAC Maison Majestine offers a stunning view of the Dubai Canal.
  • The building stands out for its luxurious design and is surrounded by upscale restaurants, retail shops, and entertainment venues.
  • It is well-connected to major highways and public transport, making it convenient for both residents and visitors.
  • Other nearby landmarks include the Burj Khalifa, Dubai Mall, and various commercial establishments.

Properties Overview

  • DAMAC Maison Majestine features a range of properties, including one, two, and three-bedroom serviced apartments.
  • Rental prices typically range from AED 80,000 to AED 200,000 annually, depending on the unit size and view.
  • Purchasing options are also available, with property prices starting around AED 1.5 million.
  • The property is popular among expatriates and investors due to its prime location and luxury offerings.

Market Trends

  • Over the past year, rental prices in Business Bay have seen a moderate increase, reflecting a growing demand for upscale living.
  • Sales prices have remained stable, with a slight appreciation expected as more developments are completed in the area.
  • Investors can expect a reasonable ROI, estimated at around 6-7%, with a steady occupancy rate in the building.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to several grocery stores, including Spinneys and Carrefour, within a short walk.
  • Quality educational institutions and healthcare facilities are located nearby, providing excellent services for families.

Transportation and Accessibility

  • The building is easily accessible via Al Khail Road and Sheikh Zayed Road, ensuring smooth commuting.
  • Public transport options include the Dubai Metro and water taxis, making travel convenient to various parts of the city.

Lifestyle Amenities

  • Amenities within the building include a fully-equipped gym, infinity pool, spa, and dining options.
  • Outdoor spaces and leisure facilities offer residents a relaxing and engaging lifestyle.

Builing Facilities

  • DAMAC Maison Majestine features high-speed elevators, 24/7 security, and maintenance services.
  • Residents benefit from central air conditioning and modern, well-designed interiors.

Special Services

  • The building offers concierge services to assist residents with daily needs and arrangements.
  • Business centers and meeting rooms are available for professional requirements, adding to the building's appeal.

Planning Your Move or Investment

Floor Plans and Property Types

  • Units come in various layouts, providing flexibility for both renters and buyers to choose according to their needs.
  • Floor plans are designed to maximize space and comfort, catering to families and professionals alike.

Things to Consider

  • Potential tenants and buyers should consider factors like proximity to work, community amenities, and property maintenance.
  • It is advisable to review community guidelines and manage expectations regarding service availability.

Useful FAQs and Support

Events and Building Life

Building Events

  • The building hosts regular events, fostering a sense of community among residents.
  • Occasional social gatherings and networking meetups enhance the living experience, creating a lively environment.

Community Identity

  • DAMAC Maison Majestine is renowned for its sophisticated atmosphere and elegant architecture.
  • The blend of modern luxury with traditional hospitality makes the building a desirable place to live.

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Detailed Buiding Insights

1. Family Friendliness

The property features spacious family-oriented residences and an array of family-friendly amenities including a children's play area, making it an ideal choice for families.

Exceptionally Welcoming

2. Living Options

DAMAC Maison Majestine offers a variety of luxury apartments from studios to multiple-bedroom apartments, catering to a wide range of living preferences.

Broadly Diverse

3. Safety And Security

The property is equipped with state-of-the-art security systems and 24/7 surveillance, ensuring residents feel safe at all times.

Remarkably Secure

4. Transportation

Located in Business Bay, the area boasts excellent public transport links and easy access to major highways, facilitating effortless commutes to various parts of Dubai.

Highly Convenient

5. Amenities And Facilities

The building has a wealth of amenities including a swimming pool, fitness center, spa, and multiple dining options, providing residents with a luxurious lifestyle.

Richly Equipped

6. Cost Of Living

While living in Business Bay can be expensive compared to other neighborhoods, the amenities and location justify the costs, making it a reasonable option for many.

Relatively Balanced

7. Things To Do

Residents have a plethora of options for entertainment and leisure, with nearby attractions including the Dubai Mall, Dubai Fountain, and various cafes and restaurants.

Vibrantly Diverse

8. Noise Levels

Despite being located in a bustling area, DAMAC Maison Majestine maintains a serene atmosphere within the premises, offering a peaceful living experience.

Generally Peaceful

9. Pet Friendliness

Pets are allowed within the community with some restrictions, making it a feasible option for pet owners but not without some limitations.

Moderately Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Schools

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Local Information

Buy:

217.9K AED - 326.5K AED

Rent:

20.6K AED - 33.8K AED

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