Majestine review: what buyers should check in 2026

Oliva is a RERA-licensed buyer-side brokerage (BRN 1573501) in Dubai. On off-plan purchases the developer pays Oliva's commission and the buyer pays nothing for representation. A 2% plus VAT buyer fee applies only to resale and secondary purchases.

The information below is based solely on verified figures supplied for this review. Buyers should treat absent details as items to confirm rather than assumptions.

The project is located in Business Bay, Dubai. the current listing dataset does not include a descriptive area profile, so buyers should independently verify access, public transport links, surrounding amenities, traffic patterns and any construction activity in the vicinity.

The only area-level figures provided are indicative averages across tracked inventory in Business Bay: an average sale price of AED 3,959,199 and an average rent of AED 17,989. These are area-wide averages, not project-specific figures, and should not be used to infer returns, appreciation or capital performance for any particular unit.

More projects in Business Bay are listed at projects in Business Bay.

The payment plan in the data is simple: 20% of the purchase price is due on booking, and the remaining 80% is due after booking. The milestone label After Booking does not specify exactly when that balance falls due, whether in one lump sum or in stages tied to construction.

Because handover is indicated for April 2028, the 80% balance represents the bulk of the cash commitment well before completion, unless the developer has a more detailed schedule not shown here. Buyers should obtain the full payment schedule and confirm the timing of the 80% payment, any milestone conditions and the consequences of delay or default.

The current pricing table includes four one-bedroom units. Prices in this sample start at AED 1,714,000 and go up to AED 2,515,000. The overall minimum and maximum prices for the dataset are the same: AED 1,714,000 and AED 2,515,000.

Floor areas for these one-bedroom units range from 893.62 sq ft to 1,620 sq ft. Three of the four priced units sit at or under the AED 2,500,000 threshold used in this review. The remaining unit is priced at AED 2,515,000, just above that threshold. No other bedroom types appear in the current unit price table.

This means the project currently offers a narrow band of one-bedroom inventory. Buyers looking for smaller or larger configurations would need to confirm whether additional unit types are planned or released later.

Escrow. Verify that the project has a registered escrow account with the Dubai Land Department under Dubai Law No. (8) of 2007. All payments should go to that project-specific escrow account, not a generic developer account.

Oqood registration. Confirm that the sale is registered through Oqood and that the unit is recorded in your name or the intended buyer's name with the DLD. Chase this after signing and after any payment.

Service charges. No service charge figure exists in the current dataset. Service charge budgets are approved by RERA and are typically published per building or community. Ask the developer for the projected service charge range and the RERA approval status.

Handover date. The data indicates a handover in April 2028. Confirm this date in the sale and purchase agreement, including any grace period and compensation for delay. Do not rely on marketing statements alone.

Payment plan enforceability. Ensure the 20% on booking and 80% after booking schedule is written into the SPA with clear definitions, including when the 80% becomes due and what happens if milestones change.

Majestine is best understood as a single-bedroom off-plan product in Business Bay with a concentrated payment structure. The current evidence shows only one-bedroom units, priced between AED 1,714,000 and AED 2,515,000, with three of the four priced units at or under AED 2,500,000. The plan asks for 20% at booking and 80% after booking, and handover is indicated for April 2028.

This profile may suit buyers who want a one-bedroom unit in Business Bay, are comfortable with a back-loaded payment plan, and can manage the long lead time to handover. It is less suited to those who need staged payments aligned with construction milestones or who are comparing wider configurations. Oliva offers a separate free underwriting report that delivers a buy or do-not-buy verdict on a specific unit, based on the unit's particulars, price and contract terms.