AED 2,395,000

A well-maintained three-bedroom apartment in Damac Majestine, Business Bay, offered as a ready investment with an active tenancy in place. The unit sits on a mid floor and presents a clean community view, making it a practical acquisition for investors seeking immediate rental income without a void period.

The existing lease running to May 2027 removes the common friction of tenant sourcing and allows a buyer to step into a stabilised income stream from day one. Business Bay’s sustained occupancy rates make this a straightforward hold for mid-term investors and long-term portfolio builders alike.

Unit Features:

– Three-bedroom apartment
– Four bathrooms
– 1,420 ft² / 132 m²
– Mid-floor position
– Community view
– Currently tenanted
– Lease expires May 2027
– Unfurnished

Complex Amenities:

– Swimming pool
– Fully equipped gymnasium
– Concierge services
– Covered parking
– Lobby with hotel-style reception
– Retail at podium level

Architecture & Concept:

Majestine is a high-rise residential tower developed by Damac Properties, designed around a sleek contemporary facade with full-height glazing and refined interior finishes. The building follows Damac’s signature approach of blending functionality with upscale detailing. Floor plans are efficiently laid out to maximise usable living area across all unit types.

About the Developer:

Damac Properties is one of the UAE’s most established luxury residential developers, with a portfolio spanning Dubai, the wider Middle East, and international markets.

Location & Benefits:

– Business Bay, central Dubai
– Five minutes to Downtown Dubai and Dubai Mall
– Ten minutes to DIFC
– Direct access to Sheikh Zayed Road and Al Khail Road
– Walking distance to the Dubai Canal waterfront
– Bay Avenue retail and dining within the district
– Metro connectivity via Business Bay station

Investment Appeal:

– Active tenancy delivers immediate rental income
– Business Bay commands consistent tenant demand year-round
– Central location supports strong resale liquidity
– Competitive entry point relative to comparable three-bedroom stock in the district
– Proximity to DIFC and Downtown underpins long-term capital value

Frequently Asked Questions:

Q: Is the unit currently occupied?
A: Yes, it is tenanted until May 2027, providing rental income from the date of transfer.

Q: What view does the unit have?
A: The apartment faces the community and sits on a mid floor within the tower.

Q: Is the property suitable for end-users as well as investors?
A: End-users can plan an owner-occupier move aligned with the lease expiry in May 2027, while investors benefit from the existing income in the interim.

To find out more or to arrange further details, please use the enquiry form on this page.