Majestine Allure by Damac - Business Bay

Majestine Allure is a hotel serviced apartment project by Damac currently under-construction in Business Bay.

Master Community: Business Bay
Property Types Available: Hotel Serviced Apartments
Location: Sheikh Zayed Road, Al Khail Road
Status: Proposed
Year Launched: 2014
Estimated Completion Date: December 2017
Developer: Damac Properties
Hotel Operator: Damac Maison
Title Type: Freehold
Height Classification: Mid-rise
Life Cycle: Under Contruction
Special Classification: Hotel Serviced Apartments
Under Construction Buildings: 2
Floors: 20

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About Majestine Allure by Damac

General Guide

- Majestine Allure is a hotel serviced apartment project of Damac in Business Bay.

- Launched in 2014.

- As of June 2016, construction has commenced on site

- The project comprises of fully serviced 1, 2 and 3 bedroom apartments.

- The project will be managed by Damac's hospitality division - Maison Hotels & Resorts

- Majestine Allure had launch prices between AED 1900 - 2200 per sq. ft.

Project Completion Status (as per DLD): 60.15% (as of June 04, 2017)

Dubai Land Classification & Escrow Account Details:

Land Number: 19

Project Number: 1518

Real Estate Developer: BUSINESS TOWER INVESTMENT

Trust Account Number: 0204955384009

Account Trustee Name: EMIRATES NBD BANK

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

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