1-bed · 956 sqftMajestine Allure, Business Bay · 4th floor · completed 2018

407, Majestine Allure

Sold prices and rental history: sold twice, last in July 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 20 July 2026
Last soldAED 1.28M20 July 2026
Current rentAED 108K /yr20 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Majestine Allure

What is 407 worth today?

Last sold for AED 1,282,931 in 2026

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20 Jul 2026SoldReady
AED 1,282,931AED 1,342 per sqft
20 Jun 2025RentedRenewal
AED 108,000/yr2 months · AED 113 per sqft
20 Jun 2025RentedRenewal
AED 108,000/yr2 months · AED 113 per sqft
20 Jun 2024RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
20 Sep 2023RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
5 Feb 2023RentedRenewal
AED 132,000/yr4 months · AED 138 per sqft
5 Oct 2022RentedNew contract
AED 120,000/yr4 months · AED 126 per sqft
22 Dec 2020RentedNew contract
AED 96,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 20 July 2026.

Key facts

Type
1-bed apartment
Size
956 sqft
Floor
4th of 19
Parking
G-12
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.28M · July 2026

About 407, Majestine Allure

407 is a one-bedroom apartment of 956 sqft on the 4th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 20 July 2026 for AED 1,282,931, or AED 1,342 per sqft, 9% below the AED 1,480 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 20 June 2025, is AED 108,000 a year: a gross yield of 8.4% on the 2026 price.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Majestine Allure
1M1.5M2M2014201820222026Typical sale price by year: 2014 AED 1,779,350; 2015 AED 1,730,900; 2016 AED 1,719,000; 2017 AED 1,517,000; 2018 AED 1,552,655; 2019 AED 1,677,000; 2020 AED 1,040,000; 2021 AED 912,500; 2022 AED 1,336,500; 2023 AED 1,656,120; 2024 AED 1,320,000; 2025 AED 1,262,500; 2026 AED 1,327,500Sold by developer, July 2016: AED 1,883,700 (AED 1,970 per sqft)Sold, July 2026: AED 1,282,931 (AED 1,342 per sqft)

407 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407, each contractTypical one-bed in Majestine Allure
50K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 61,500; 2021 AED 64,000; 2022 AED 75,000; 2023 AED 87,000; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 90,000New contract, December 2020: AED 96,000 a yearNew contract, October 2022: AED 120,000 a yearRenewal, February 2023: AED 132,000 a yearNew contract, September 2023: AED 90,000 a yearNew contract, June 2024: AED 90,000 a yearRenewal, June 2025: AED 108,000 a yearRenewal, June 2025: AED 108,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Majestine Allure, and where 407 sits

All 147 1-beds →

407 last sold in July 2026 at AED 1,342 per sqft, 9% below what one-beds in Majestine Allure were fetching at the time (AED 1,480). Over the last 12 months one-beds sold for AED 1,250,000 to 1,433,816, around AED 1,426 per sqft, and rent for AED 70,000 to 120,000 a year. 407's AED 108,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Aug 20261,250,000
23 Apr 20261,433,816
6 Apr 20261,305,000
30 Mar 20261,350,000
10 1-bed 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
405StudioAED 925K · Nov 2018
4061-bedAED 1.72M · Jun 2019
408StudioAED 1.03M · Oct 2021
1–7 of 28

407, Majestine Allure in numbers

  • Sold twice: first on 31 July 2016 for AED 1,883,700, last on 20 July 2026 for AED 1,282,931 (AED 1,342 per sqft).
  • Rented since December 2020 on 7 Ejari contracts, from AED 96,000 to AED 108,000 a year.
  • At AED 108,000 a year the gross yield on the 2026 price is 8.4%.
  • One-beds in Majestine Allure sold for AED 1,250,000–1,433,816 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 20 July 2026.

Questions about 407, Majestine Allure

What did unit 407 last sell for?

AED 1,282,931 on 20 July 2026: AED 1,342 per sqft for 956 sqft. The unit has 2 registered sales; the first was AED 1,883,700 in July 2016.

What is the rent for unit 407?

AED 108,000 a year on the contract renewed on 20 June 2025. The previous contract, from June 2025, was AED 108,000; the unit has been rented since December 2020.

How big is unit 407?

956 sqft (88.8 sqm): a one-bedroom apartment on the 4th floor of a 19-storey tower completed in 2018.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Majestine Allure sold for AED 1,250,000 to 1,433,816 in the last 12 months, around AED 1,426 per sqft.

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Mortgage on 407, Majestine Allure

Starts from the last sale price (AED 1.28M, 20 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,282,931
Deposit, UAE resident (20%)
AED 256,586
Deposit, non-resident (40%)
AED 513,172
Monthly over 25 years at 3.7%
AED 5,249

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