Studio · 481 sqftMajestine Allure, Business Bay · 16th floor · completed 2018

1617, Majestine Allure

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in August 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1617 · DLD and Ejari recordsUpdated 12 August 2015

Last soldAED 1.02M12 August 2015

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Today's valuefree after one verification

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Property timeline for 1617, Majestine Allure

Today

What is 1617 worth today?

Last sold for AED 1,018,400 in 2015

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12 Aug 2015

12 Aug 2015Sold by developerOff-plan

AED 1,018,400AED 2,118 per sqft

Source: Dubai Land Department. Updated 12 August 2015.

Key facts

Type: Studio apartment
Size: 481 sqft
Floor: 16th of 19
Parking: P3-57
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 1.02M · August 2015
Building: Majestine Allure

About 1617, Majestine Allure

1617 is a studio of 481 sqft on the 16th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 12 August 2015 for AED 1,018,400, or AED 2,118 per sqft, in line with the AED 2,169 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1617 over time

Sales

Unit 1617, each saleTypical studio in Majestine Allure

1617 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 1617, each contractTypical studio in Majestine Allure

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Majestine Allure, and where 1617 sits

All 283 studios →

Studios in Majestine Allure · last 12 months1,718 /sqft Majestine Allure · all types1,539 /sqft

1617 last sold in August 2015 at AED 2,118 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,169). Over the last 12 months studios sold for AED 695,000 to 1,000,000, around AED 1,718 per sqft, and rent for AED 40,000 to 96,000 a year.

Recent studio sales	Size	Price (AED)	Per sqft
15 Sep 202615 September 2026	475 sqft	740,000	1,557
20 Aug 202620 August 2026	430 sqft	740,000	1,721
25 Jun 202625 June 2026	493 sqft	750,000	1,521
9 Jun 20269 June 2026	617 sqft	830,000	1,346

18 studio sales in the last 12 months

Majestine Allure

Building

497 apartments, studios to 3-bed over 19 floors in Business Bay, completed in 2018 by Business Tower Investment. 30 sold in the last 12 months.

Typical price per sqft: AED 1,539 Down 7.3%
Typical sale: AED 894K
Typical rent: AED 70K /yr
Typical yield: 7.3%

Majestine Allure, Business Bay: prices, sales and rents →

Other units on the 16th floor

All 497 units in Majestine Allure


1601	Studio	499 sqft	AED 650KAED 650,000 · Sep 2022September 2022	66,000 /yr
1602	Studio	474 sqft	AED 1.03MAED 1,032,650 · Feb 2015February 2015	60,000 /yr
1603	Studio	459 sqft	AED 1MAED 1,000,000 · Aug 2015August 2015	70,350 /yr
1604	Studio	572 sqft	AED 1.26MAED 1,259,000 · Nov 2017November 2017	70,000 /yr
1605	Studio	489 sqft	AED 800KAED 800,000 · Feb 2022February 2022	62,000 /yr
1606	2-bed	1,357 sqft	AED 2.99MAED 2,991,550 · Aug 2015August 2015	115,000 /yr
1607	1-bed	978 sqft	AED 1.98MAED 1,978,850 · Jan 2015January 2015	90,000 /yr
1608	1-bed	890 sqft	AED 1.55MAED 1,553,310 · Aug 2018August 2018	92,000 /yr
1609	Studio	612 sqft	AED 887KAED 887,316 · Apr 2026April 2026	70,000 /yr
1610	2-bed	1,247 sqft	AED 2.46MAED 2,461,450 · Dec 2014December 2014	105,000 /yr
1611	Studio	461 sqft	AED 1.01MAED 1,009,850 · Oct 2015October 2015	50,000 /yr
1612	Studio	475 sqft	AED 1.05MAED 1,047,850 · Jan 2015January 2015	61,000 /yr
1613	Studio	447 sqft	AED 600KAED 600,000 · Nov 2019November 2019	63,000 /yr
1614	2-bed	1,068 sqft	AED 2.16MAED 2,160,300 · Aug 2015August 2015	127,000 /yr
1615	3-bed	1,420 sqft	AED 2.34MAED 2,337,390 · Jul 2018July 2018	160,000 /yr
1616	Studio	430 sqft	AED 650KAED 650,000 · Feb 2023February 2023	65,000 /yr
1618	Studio	480 sqft	AED 1.01MAED 1,012,700 · Jan 2015January 2015	60,000 /yr
1619	Studio	479 sqft	AED 835KAED 835,000 · Mar 2025March 2025	60,000 /yr
1620	1-bed	897 sqft	AED 1.73MAED 1,730,900 · Jun 2015June 2015	85,000 /yr
1601A	Studio	497 sqft	AED 735KAED 735,000 · Mar 2023March 2023	44,000 /yr
1602A	1-bed	853 sqft	AED 1.62MAED 1,621,650 · Dec 2014December 2014	95,000 /yr
1603A	Studio	453 sqft	AED 849KAED 848,680 · Sep 2022September 2022
1603B	1-bed	820 sqft	AED 1.43MAED 1,426,880 · Oct 2018October 2018	100,000 /yr
1604A	1-bed	1,034 sqft	AED 1.84MAED 1,837,000 · Dec 2018December 2018	82,000 /yr
1605A	1-bed	1,003 sqft	AED 1.73MAED 1,732,640 · Jan 2019January 2019	70,000 /yr
1611A	Studio	461 sqft	AED 1.06MAED 1,058,300 · Apr 2015April 2015	60,000 /yr
1612A	Studio	457 sqft	AED 900KAED 900,000 · Aug 2024August 2024	85,000 /yr
1613A	1-bed	894 sqft	AED 1.72MAED 1,719,000 · Aug 2016August 2016	80,000 /yr
1613B	Studio	456 sqft	AED 620KAED 620,000 · Jun 2022June 2022	38,000 /yr
1616A	Studio	479 sqft	AED 1.02MAED 1,018,400 · Sep 2015September 2015
1617A	Studio	478 sqft	AED 1.01MAED 1,012,700 · Dec 2014December 2014	65,000 /yr
1618A	Studio	479 sqft	AED 1.02MAED 1,018,400 · Jul 2015July 2015	50,000 /yr
1619A	Studio	467 sqft	AED 630KAED 630,000 · Apr 2019April 2019	65,000 /yr

1–7 of 33

1617, Majestine Allure in numbers

Sold once: by Business Tower Investment on 12 August 2015 for AED 1,018,400, or AED 2,118 per sqft.
Studios in Majestine Allure sold for AED 695,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,539 per sqft.

Source: Dubai Land Department. Updated 12 August 2015.

Questions about 1617, Majestine Allure

What did unit 1617 last sell for?

AED 1,018,400 on 12 August 2015, sold by the developer: AED 2,118 per sqft for 481 sqft. It is the only registered sale of the unit.

How big is unit 1617?

481 sqft (44.7 sqm): a studio on the 16th floor of a 19-storey tower completed in 2018.

What is unit 1617 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Majestine Allure sold for AED 695,000 to 1,000,000 in the last 12 months, around AED 1,718 per sqft.

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Mortgage on 1617, Majestine Allure

Starts from the last sale price (AED 1.02M, 12 August 2015). Switch to today's estimate once you have unlocked it.

Price: AED 1,018,400
Deposit, UAE resident (20%): AED 203,680
Deposit, non-resident (40%): AED 407,360
Monthly over 25 years at 3.7%: AED 4,167

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →