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Studio · 479 sqftMajestine Allure, Business Bay · 17th floor · completed 2018

1718A, Majestine Allure

Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1718A · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 730K4 January 2023
Current rentAED 55K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1718A, Majestine Allure

What is 1718A worth today?

Last sold for AED 730,000 in 2023

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1 Jul 2026RentedNew contract
AED 55,000/yr12 months · AED 115 per sqft
5 Jul 2025RentedNew contract
AED 65,000/yr12 months · AED 136 per sqft
5 Jul 2025RentedNew contract
AED 65,000/yr12 months · AED 136 per sqft
20 Aug 2024RentedNew contract
AED 65,000/yr12 months · AED 134 per sqft
1 Mar 2024RentedNew contract
AED 70,000/yr12 months · AED 145 per sqft
4 Jan 2023SoldReady
AED 730,000AED 1,522 per sqft
4 Jan 2023RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
11 Dec 2022RentedNew contract
AED 39,100/yr9 months · AED 81 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
479 sqft
Floor
17th of 19
Parking
P3-92
Developer
Business Tower Investment
Completed
2018
Last sold
AED 730K · January 2023
Building
Majestine Allure

About 1718A, Majestine Allure

1718A is a studio of 479 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 4 January 2023 for AED 730,000, or AED 1,522 per sqft, 12% above the AED 1,353 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, signed on 1 July 2026, is AED 55,000 a year: a gross yield of 7.5% on the 2023 price.

Sales and rents for 1718A over time

Sales
Unit 1718A, 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, October 2015: AED 1,004,000 (AED 2,094 per sqft)Sold, July 2022: AED 400,000 (AED 834 per sqft)Sold, January 2023: AED 730,000 (AED 1,522 per sqft)

1718A has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1718A, each contractTypical studio in Majestine Allure
40K60K201920222025Typical 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, September 2019: AED 48,000 a yearNew contract, December 2020: AED 32,000 a yearRenewal, December 2021: AED 34,000 a yearNew contract, December 2022: AED 39,100 a yearNew contract, January 2023: AED 60,000 a yearNew contract, March 2024: AED 70,000 a yearNew contract, August 2024: AED 65,000 a yearNew contract, July 2025: AED 65,000 a yearNew contract, July 2025: AED 65,000 a yearNew contract, July 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 1718A sits

All 283 studios →

1718A last sold in January 2023 at AED 1,522 per sqft, 12% above what studios in Majestine Allure were fetching at the time (AED 1,353). 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. 1718A'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

1718A, Majestine Allure in numbers

  • Sold 3 times: first on 29 October 2015 for AED 1,004,000, last on 4 January 2023 for AED 730,000 (AED 1,522 per sqft).
  • Rented since September 2019 on 10 Ejari contracts. The rent fell from AED 48,000 to AED 32,000 in 2020 and recovered to AED 55,000 by July 2026.
  • At AED 55,000 a year the gross yield on the 2023 price is 7.5%.
  • 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 1 July 2026.

Questions about 1718A, Majestine Allure

What did unit 1718A last sell for?

AED 730,000 on 4 January 2023: AED 1,522 per sqft for 479 sqft. The unit has 3 registered sales; the first was AED 1,004,000 in October 2015.

What is the rent for unit 1718A?

AED 55,000 a year on the contract signed on 1 July 2026. The previous contract, from July 2025, was AED 65,000; the unit has been rented since September 2019.

How big is unit 1718A?

479 sqft (44.5 sqm): a studio on the 17th floor of a 19-storey tower completed in 2018.

What is unit 1718A 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 1718A, Majestine Allure

Starts from the last sale price (AED 730K, 4 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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