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Studio · 481 sqftMajestine Allure, Business Bay · 17th floor · completed 2018

1717, Majestine Allure

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1717 · DLD and Ejari recordsUpdated 10 June 2026
Last soldAED 800K24 July 2024
Current rentAED 55K /yr10 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1717, Majestine Allure

What is 1717 worth today?

Last sold for AED 800,000 in 2024

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10 Jun 2026RentedNew contract
AED 55,000/yr12 months · AED 114 per sqft
13 May 2025RentedNew contract
AED 70,000/yr12 months · AED 146 per sqft
24 Jul 2024SoldReady
AED 800,000AED 1,664 per sqft
7 Jul 2023RentedRenewal
AED 50,000/yr12 months · AED 103 per sqft
7 Jul 2022RentedNew contract
AED 41,400/yr12 months · AED 85 per sqft
5 Jul 2022RentedRenewal
AED 41,400/yr12 months · AED 85 per sqft
5 Jul 2021RentedNew contract
AED 36,000/yr12 months · AED 74 per sqft
11 Aug 2015Sold by developerOff-plan
AED 1,014,600AED 2,111 per sqft

Source: Dubai Land Department. Updated 10 June 2026.

Key facts

Type
Studio apartment
Size
481 sqft
Floor
17th of 19
Parking
P3-89
Developer
Business Tower Investment
Completed
2018
Last sold
AED 800K · July 2024
Building
Majestine Allure

About 1717, Majestine Allure

1717 is a studio of 481 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 24 July 2024 for AED 800,000, or AED 1,664 per sqft, 3% below the AED 1,724 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 10 June 2026, is AED 55,000 a year: a gross yield of 6.9% on the 2024 price.

Sales and rents for 1717 over time

Sales
Unit 1717, 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, August 2015: AED 1,014,600 (AED 2,111 per sqft)Sold, July 2024: AED 800,000 (AED 1,664 per sqft)

1717 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1717, 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 57,000New contract, July 2021: AED 36,000 a yearNew contract, July 2022: AED 41,400 a yearRenewal, July 2022: AED 41,400 a yearRenewal, July 2023: AED 50,000 a yearNew contract, May 2025: AED 70,000 a yearNew contract, June 2026: AED 55,000 a year

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 1717 sits

All 283 studios →

1717 last sold in July 2024 at AED 1,664 per sqft, 3% below what studios in Majestine Allure were fetching at the time (AED 1,724). 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. 1717's AED 55,000 is in the lower half of that range.

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

1717, Majestine Allure in numbers

  • Sold twice: first on 11 August 2015 for AED 1,014,600, last on 24 July 2024 for AED 800,000 (AED 1,664 per sqft).
  • Rented since July 2021 on 6 Ejari contracts, from AED 36,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 6.9%.
  • 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 10 June 2026.

Questions about 1717, Majestine Allure

What did unit 1717 last sell for?

AED 800,000 on 24 July 2024: AED 1,664 per sqft for 481 sqft. The unit has 2 registered sales; the first was AED 1,014,600 in August 2015.

What is the rent for unit 1717?

AED 55,000 a year on the contract signed on 10 June 2026. The previous contract, from May 2025, was AED 70,000; the unit has been rented since July 2021.

How big is unit 1717?

481 sqft (44.7 sqm): a studio on the 17th floor of a 19-storey tower completed in 2018.

What is unit 1717 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 1717, Majestine Allure

Starts from the last sale price (AED 800K, 24 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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