Studio · 461 sqftMajestine Allure, Business Bay · 17th floor · completed 2018

1711A, Majestine Allure

Sold prices and rental history: sold once, by the developer in July 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1711A · DLD and Ejari recordsUpdated 31 July 2016
Last soldAED 1.03M31 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1711A, Majestine Allure

What is 1711A worth today?

Last sold for AED 1,025,145 in 2016

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31 Jul 2016Sold by developerOff-plan
AED 1,025,145AED 2,225 per sqft

Source: Dubai Land Department. Updated 31 July 2016.

Key facts

Type
Studio apartment
Size
461 sqft
Floor
17th of 19
Parking
P3-80
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.03M · July 2016

About 1711A, Majestine Allure

1711A is a studio of 461 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 31 July 2016 for AED 1,025,145, or AED 2,225 per sqft, 4% above the AED 2,149 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1711A over time

Sales
Unit 1711A, each saleTypical studio in Majestine Allure
500K1M2014201820222026Typical sale price by year: 2014 AED 1,012,700; 2015 AED 1,008,900; 2016 AED 1,021,725; 2017 AED 1,051,475; 2018 AED 975,051; 2019 AED 931,000; 2020 AED 490,000; 2021 AED 630,000; 2022 AED 650,000; 2023 AED 770,000; 2024 AED 820,000; 2025 AED 830,000; 2026 AED 825,000Sold by developer, July 2016: AED 1,025,145 (AED 2,225 per sqft)

1711A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1711A, each contractTypical studio in Majestine Allure
40K60K20192021202320252027Typical rent by year: 2019 AED 50,000; 2020 AED 40,000; 2021 AED 40,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 65,000; 2025 AED 65,000; 2026 AED 57,000

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 1711A sits

All 283 studios →

1711A last sold in July 2016 at AED 2,225 per sqft, 4% above what studios in Majestine Allure were fetching at the time (AED 2,149). 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 salesUnit no.Price (AED)Summary
15 Sep 2026740,000
20 Aug 2026740,000
25 Jun 2026750,000
9 Jun 2026830,000
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 17th floor

All 497 units in Majestine Allure
Value
1701StudioAED 1.1M · Aug 2015
1702StudioAED 1M · Oct 2015
1703StudioAED 862K · Jan 2023
1704StudioAED 1.1M · Nov 2018
1705StudioAED 690K · Apr 2023
1706StudioAED 1.03M · Jul 2017
17071-bedAED 1.28M · Mar 2023
1–7 of 34

1711A, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 31 July 2016 for AED 1,025,145, or AED 2,225 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 31 July 2016.

Questions about 1711A, Majestine Allure

What did unit 1711A last sell for?

AED 1,025,145 on 31 July 2016, sold by the developer: AED 2,225 per sqft for 461 sqft. It is the only registered sale of the unit.

How big is unit 1711A?

461 sqft (42.8 sqm): a studio on the 17th floor of a 19-storey tower completed in 2018.

What is unit 1711A 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 1711A, Majestine Allure

Starts from the last sale price (AED 1.03M, 31 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,145
Deposit, UAE resident (20%)
AED 205,029
Deposit, non-resident (40%)
AED 410,058
Monthly over 25 years at 3.7%
AED 4,194

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