Studio · 430 sqftMajestine Allure, Business Bay · 17th floor · completed 2018

1716, 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 twice, last in December 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1716 · DLD and Ejari recordsUpdated 27 July 2025

Last soldAED 700K13 December 2022

Current rentAED 70K /yr27 July 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1716, Majestine Allure

Today

What is 1716 worth today?

Last sold for AED 700,000 in 2022

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27 Jul 2025

27 Jul 2025RentedNew contract

AED 70,000/yr12 months · AED 163 per sqft

25 Sep 2023

25 Sep 2023RentedRenewal

AED 75,000/yr12 months · AED 174 per sqft

13 Dec 2022

13 Dec 2022SoldReady

AED 700,000AED 1,628 per sqft

25 Sep 2022

25 Sep 2022RentedNew contract

AED 72,000/yr12 months · AED 167 per sqft

28 Nov 2019

28 Nov 2019RentedNew contract

AED 52,000/yr12 months · AED 121 per sqft

6 Dec 2015

6 Dec 2015Sold by developerOff-plan

AED 918,650AED 2,137 per sqft

Source: Dubai Land Department. Updated 27 July 2025.

Key facts

Type: Studio apartment
Size: 430 sqft
Floor: 17th of 19
Parking: P3-87
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 700K · December 2022
Building: Majestine Allure

About 1716, Majestine Allure

1716 is a studio of 430 sqft on the 17th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 13 December 2022 for AED 700,000, or AED 1,628 per sqft, 20% above the AED 1,360 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 27 July 2025, is AED 70,000 a year: a gross yield of 10.0% on the 2022 price.

Sales and rents for 1716 over time

Sales

Unit 1716, each saleTypical studio in Majestine Allure

1716 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 1716, 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 1716 sits

All 283 studios →

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

1716 last sold in December 2022 at AED 1,628 per sqft, 20% above what studios in Majestine Allure were fetching at the time (AED 1,360). 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. 1716's AED 70,000 is in the upper half of that range.

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 17th floor

All 497 units in Majestine Allure


1701	Studio	499 sqft	AED 1.1MAED 1,102,950 · Aug 2015August 2015	53,000 /yr
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
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

1–7 of 34

1716, Majestine Allure in numbers

Sold twice: first on 6 December 2015 for AED 918,650, last on 13 December 2022 for AED 700,000 (AED 1,628 per sqft).
Rented since November 2019 on 4 Ejari contracts, from AED 52,000 to AED 70,000 a year.
At AED 70,000 a year the gross yield on the 2022 price is 10.0%.
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 27 July 2025.

Questions about 1716, Majestine Allure

What did unit 1716 last sell for?

AED 700,000 on 13 December 2022: AED 1,628 per sqft for 430 sqft. The unit has 2 registered sales; the first was AED 918,650 in December 2015.

What is the rent for unit 1716?

AED 70,000 a year on the contract signed on 27 July 2025. The previous contract, from September 2023, was AED 75,000; the unit has been rented since November 2019.

How big is unit 1716?

430 sqft (39.9 sqm): a studio on the 17th floor of a 19-storey tower completed in 2018.

What is unit 1716 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 1716, Majestine Allure

Starts from the last sale price (AED 700K, 13 December 2022). Switch to today's estimate once you have unlocked it.

Price: AED 700,000
Deposit, UAE resident (20%): AED 140,000
Deposit, non-resident (40%): AED 280,000
Monthly over 25 years at 3.7%: AED 2,864

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