1701, Majestine Allure
Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1701, Majestine Allure
What is 1701 worth today?
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Source: Dubai Land Department. Updated 11 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 499 sqft
- Floor
- 17th of 19
- Parking
- P3-65
- Developer
- Business Tower Investment
- Completed
- 2018
- Last sold
- AED 1.1M · August 2015
- Building
- Majestine Allure
About 1701, Majestine Allure
1701 is a studio of 499 sqft on the 17th 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 1,102,950, or AED 2,211 per sqft, in line with the AED 2,169 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 11 May 2026, is AED 53,000 a year: a gross yield of 4.8% on the 2015 price.
Sales and rents for 1701 over time
1701 has sold once; the dashed line is the studio median of each year in the building.
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 1701 sits
All 283 studios →1701 last sold in August 2015 at AED 2,211 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. 1701's AED 53,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Majestine Allure
Building497 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%
Other units on the 17th floor
All 497 units in Majestine Allure| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1702 | Studio | 474 sqft | AED 1MAED 1,000,350 · Oct 2015October 2015 | 55,000 /yr | |
| 1703 | Studio | 459 sqft | AED 862KAED 862,400 · Jan 2023January 2023 | ||
| 1704 | Studio | 572 sqft | AED 1.1MAED 1,102,500 · Nov 2018November 2018 | 60,000 /yr | |
| 1705 | Studio | 489 sqft | AED 690KAED 690,000 · Apr 2023April 2023 | 73,000 /yr | |
| 1706 | Studio | 472 sqft | AED 1.03MAED 1,034,000 · Jul 2017July 2017 | 69,000 /yr | |
| 1707 | 1-bed | 978 sqft | AED 1.28MAED 1,275,000 · Mar 2023March 2023 | 70,000 /yr | |
| 1708 | 1-bed | 890 sqft | AED 1.33MAED 1,330,000 · Nov 2025November 2025 | ||
| 1709 | Studio | 607 sqft | AED 1.16MAED 1,156,000 · Mar 2019March 2019 | 72,000 /yr | |
| 1710 | 2-bed | 1,242 sqft | AED 2.17MAED 2,172,000 · Mar 2018March 2018 | ||
| 1711 | Studio | 461 sqft | AED 1.01MAED 1,009,850 · Jun 2015June 2015 | 55,000 /yr | |
| 1712 | Studio | 475 sqft | AED 930KAED 930,000 · Jan 2026January 2026 | ||
| 1713 | Studio | 447 sqft | AED 770KAED 770,000 · Aug 2025August 2025 | 52,941 /yr | |
| 1714 | 2-bed | 1,068 sqft | AED 2MAED 2,001,000 · Mar 2024March 2024 | 100,000 /yr | |
| 1715 | 3-bed | 1,420 sqft | AED 2.34MAED 2,338,380 · Nov 2018November 2018 | 160,000 /yr | |
| 1716 | Studio | 430 sqft | AED 700KAED 700,000 · Dec 2022December 2022 | 70,000 /yr | |
| 1717 | Studio | 481 sqft | AED 800KAED 800,000 · Jul 2024July 2024 | 55,000 /yr | |
| 1718 | Studio | 480 sqft | AED 1MAED 1,000,350 · Oct 2015October 2015 | 50,000 /yr | |
| 1719 | Studio | 479 sqft | AED 1MAED 1,004,000 · Aug 2015August 2015 | 37,000 /yr | |
| 1720 | 1-bed | 894 sqft | AED 1.73MAED 1,730,900 · Aug 2015August 2015 | 95,000 /yr | |
| 1701A | Studio | 497 sqft | AED 750KAED 750,000 · Feb 2023February 2023 | 50,000 /yr | |
| 1702A | 1-bed | 853 sqft | AED 1.18MAED 1,180,000 · Jul 2025July 2025 | 82,000 /yr | |
| 1703A | Studio | 453 sqft | AED 1MAED 1,001,300 · Oct 2015October 2015 | 45,000 /yr | |
| 1703B | 1-bed | 820 sqft | AED 1.55MAED 1,550,000 · Oct 2015October 2015 | 95,000 /yr | |
| 1704A | 1-bed | 1,034 sqft | AED 1.88MAED 1,880,050 · Jul 2023July 2023 | 102,000 /yr | |
| 1705A | 1-bed | 1,000 sqft | AED 1.75MAED 1,745,370 · Oct 2018October 2018 | 100,000 /yr | |
| 1706A | 1-bed | 886 sqft | AED 1.56MAED 1,557,000 · Nov 2019November 2019 | ||
| 1711A | Studio | 461 sqft | AED 1.03MAED 1,025,145 · Jul 2016July 2016 | ||
| 1712A | Studio | 457 sqft | AED 1.03MAED 1,033,600 · Jul 2016July 2016 | 55,000 /yr | |
| 1713A | 1-bed | 894 sqft | AED 1.72MAED 1,719,500 · Jan 2016January 2016 | 89,300 /yr | |
| 1713B | Studio | 456 sqft | AED 1.01MAED 1,008,900 · Sep 2015September 2015 | 60,000 /yr | |
| 1716A | Studio | 479 sqft | AED 1.01MAED 1,014,600 · Sep 2015September 2015 | 55,000 /yr | |
| 1717A | Studio | 478 sqft | AED 1.01MAED 1,010,800 · Aug 2015August 2015 | 65,000 /yr | |
| 1718A | Studio | 479 sqft | AED 730KAED 730,000 · Jan 2023January 2023 | 55,000 /yr | |
| 1719A | Studio | 467 sqft | AED 600KAED 600,000 · Jun 2022June 2022 | 68,000 /yr |
1701, Majestine Allure in numbers
- Sold once: by Business Tower Investment on 12 August 2015 for AED 1,102,950, or AED 2,211 per sqft.
- Rented since March 2021 on 6 Ejari contracts, from AED 36,000 to AED 53,000 a year.
- At AED 53,000 a year the gross yield on the 2015 price is 4.8%.
- 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 11 May 2026.
Questions about 1701, Majestine Allure
What did unit 1701 last sell for?
AED 1,102,950 on 12 August 2015, sold by the developer: AED 2,211 per sqft for 499 sqft. It is the only registered sale of the unit.
What is the rent for unit 1701?
AED 53,000 a year on the contract signed on 11 May 2026. The previous contract, from May 2026, was AED 53,000; the unit has been rented since March 2021.
How big is unit 1701?
499 sqft (46.4 sqm): a studio on the 17th floor of a 19-storey tower completed in 2018.
What is unit 1701 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 1701, Majestine Allure
Starts from the last sale price (AED 1.1M, 12 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,102,950
- Deposit, UAE resident (20%)
- AED 220,590
- Deposit, non-resident (40%)
- AED 441,180
- Monthly over 25 years at 3.7%
- AED 4,513
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →