Studio · 469 sqftMajestine Allure, Business Bay · 4th floor · completed 2018

405, Majestine Allure

Sold prices and rental history: sold once, by the developer in November 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 14 November 2018
Last soldAED 925K14 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Majestine Allure

What is 405 worth today?

Last sold for AED 925,000 in 2018

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14 Nov 2018Sold by developerReady
AED 925,000AED 1,971 per sqft

Source: Dubai Land Department. Updated 14 November 2018.

Key facts

Type
Studio apartment
Size
469 sqft
Floor
4th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 925K · November 2018

About 405, Majestine Allure

405 is a studio of 469 sqft on the 4th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 14 November 2018 for AED 925,000, or AED 1,971 per sqft, in line with the AED 1,972 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 405 over time

Sales
Unit 405, 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, November 2018: AED 925,000 (AED 1,971 per sqft)

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

Rents
Unit 405, 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 405 sits

All 283 studios →

405 last sold in November 2018 at AED 1,971 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 1,972). 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 4th floor

All 497 units in Majestine Allure
Value
401StudioAED 1.3M · Jan 2019
402StudioAED 1.09M · May 2025
403StudioAED 1.21M · Oct 2019
404StudioAED 784K · Apr 2022
4061-bedAED 1.72M · Jun 2019
4071-bedAED 1.28M · Jul 2026
408StudioAED 1.03M · Oct 2021
1–7 of 28

405, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 14 November 2018 for AED 925,000, or AED 1,971 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 14 November 2018.

Questions about 405, Majestine Allure

What did unit 405 last sell for?

AED 925,000 on 14 November 2018, sold by the developer: AED 1,971 per sqft for 469 sqft. It is the only registered sale of the unit.

How big is unit 405?

469 sqft (43.6 sqm): a studio on the 4th floor of a 19-storey tower completed in 2018.

What is unit 405 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 405, Majestine Allure

Starts from the last sale price (AED 925K, 14 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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