Project · Transactions · 2018

Majestine Property Transactions 2018

65 property sales worth ⃃ 97.1M were registered in Majestine in 2018, 195.5% higher than 2017 by number of sales. The median sale price was ⃃ 1,510,950 and the median price per square foot ⃃ 1,756 (−19.2% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 65 salesUpdated: 12 Nov 2026
Property sales
65
+195.5% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 97.1M
+257.6% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 1,510,950
+41.6% vs 2017
65 sales
Median price per sq ft
⃃ 1,756
−19.2% vs 2017
65 sales

What types of property sold in Majestine in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments65100%⃃ 97.1M⃃ 1,510,950⃃ 1,756

How were 2018 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)6396.9%⃃ 95.71M⃃ 1,526,840⃃ 1,756
Resale (secondary)23.1%⃃ 1.39M⃃ 694,423⃃ 1,464
Off-plan2335.4%⃃ 33.74M⃃ 1,381,000⃃ 1,784
Ready4264.6%⃃ 63.35M⃃ 1,527,820⃃ 1,749

How many rental contracts were registered in Majestine in 2018?

3 rental contracts (new and renewed) were registered in Majestine in 2018, at a median annual rent of ⃃ 147,221. Rental yields in Majestine

What were the most expensive property sales in Majestine in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
11/04/2018Majestine3 beds · Apartment1,849 sq ft⃃ 3,225,600Primary · Off-plan
03/10/2018Majestine3 beds · Apartment1,730 sq ft⃃ 2,912,000Primary · Ready
14/11/2018Majestine3 beds · Apartment1,420 sq ft⃃ 2,353,000Primary · Ready
15/10/2018Majestine3 beds · Apartment1,420 sq ft⃃ 2,349,000Primary · Ready
20/11/2018Majestine3 beds · Apartment1,420 sq ft⃃ 2,338,380Primary · Ready
09/07/2018Majestine3 beds · Apartment1,420 sq ft⃃ 2,337,390Primary · Off-plan
17/10/2018Majestine2 beds · Apartment1,221 sq ft⃃ 2,181,900Primary · Ready
15/10/2018Majestine3 beds · Apartment1,420 sq ft⃃ 2,175,800Primary · Ready
07/03/2018Majestine2 beds · Apartment1,242 sq ft⃃ 2,172,000Primary · Off-plan
30/05/2018Majestine2 beds · Apartment1,068 sq ft⃃ 1,922,550Primary · Off-plan

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
25/12/2018MajestineStudio · Apartment461 sq ft⃃ 903,000Primary · Ready
25/12/2018MajestineStudio · Apartment807 sq ft⃃ 1,405,000Primary · Ready
25/12/2018MajestineStudio · Apartment461 sq ft⃃ 903,000Primary · Ready
24/12/2018Majestine1 bed · Apartment1,000 sq ft⃃ 1,756,000Primary · Ready
24/12/2018Majestine1 bed · Apartment1,034 sq ft⃃ 1,837,000Primary · Ready
19/12/2018MajestineStudio · Apartment612 sq ft⃃ 1,162,000Primary · Ready
18/12/2018Majestine1 bed · Apartment956 sq ft⃃ 1,663,060Primary · Ready
18/12/2018MajestineStudio · Apartment572 sq ft⃃ 1,102,500Primary · Ready
18/12/2018MajestineStudio · Apartment580 sq ft⃃ 1,062,000Primary · Ready
17/12/2018MajestineStudio · Apartment472 sq ft⃃ 1,000,000Primary · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2018 with the whole of 2017.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/majestine/2018
Majestine Property Transactions 2018. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/majestine/2018

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Majestine in 2018?
65 property sales worth ⃃ 97,097,268 were registered in Majestine in 2018. That is 195.5% higher than 2017.
What was the median property price in Majestine in 2018?
The median sale price was ⃃ 1,510,950 and the median price per square foot ⃃ 1,756 (1 Jan – 31 Dec 2018).
What share of 2018 sales in Majestine were off-plan or from developers?
Developer (primary) sales were 96.9% of the 65 sales and resales 3.1%. Off-plan units made up 35.4% and ready units 64.6%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/majestine/2018