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Studio · 901 sqftMajestine Allure, Business Bay · 4th floor · completed 2018

417, Majestine Allure

Sold prices and rental history: sold once, by the developer in September 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 417 · DLD and Ejari recordsUpdated 21 January 2026
Last soldAED 1.4M25 September 2023
Current rentAED 70K /yr21 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 417, Majestine Allure

What is 417 worth today?

Last sold for AED 1,396,500 in 2023

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21 Jan 2026RentedNew contract
AED 70,000/yr12 months · AED 78 per sqft
8 Jan 2025RentedNew contract
AED 70,000/yr12 months · AED 78 per sqft
8 Jan 2025RentedNew contract
AED 70,000/yr12 months · AED 78 per sqft
27 Sep 2024RentedNew contract
AED 75,000/yr12 months · AED 83 per sqft
25 Sep 2023Sold by developerReady
AED 1,396,500AED 1,549 per sqft

Source: Dubai Land Department. Updated 21 January 2026.

Key facts

Type
Studio apartment
Size
901 sqft
Floor
4th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.4M · September 2023
Building
Majestine Allure

About 417, Majestine Allure

417 is a studio of 901 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 25 September 2023 for AED 1,396,500, or AED 1,549 per sqft, in line with the AED 1,549 studios in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 21 January 2026, is AED 70,000 a year: a gross yield of 5.0% on the 2023 price.

Sales and rents for 417 over time

Sales
Unit 417, each saleTypical studio in Majestine Allure
500K1M1.5M2014201820222026Typical 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, September 2023: AED 1,396,500 (AED 1,549 per sqft)

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

Rents
Unit 417, each contractTypical studio in Majestine Allure
40K60K80K20192021202320252027Typical 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 2024: AED 75,000 a yearNew contract, January 2025: AED 70,000 a yearNew contract, January 2025: AED 70,000 a yearNew contract, January 2026: AED 70,000 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 417 sits

All 283 studios →

417 last sold in September 2023 at AED 1,549 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 1,549). 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. 417's AED 70,000 is in the upper 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 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
4071-bedAED 1.28M · Jul 2026
1–7 of 28

417, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 25 September 2023 for AED 1,396,500, or AED 1,549 per sqft.
  • Rented since September 2024 on 4 Ejari contracts, from AED 75,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 5.0%.
  • 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 21 January 2026.

Questions about 417, Majestine Allure

What did unit 417 last sell for?

AED 1,396,500 on 25 September 2023, sold by the developer: AED 1,549 per sqft for 901 sqft. It is the only registered sale of the unit.

What is the rent for unit 417?

AED 70,000 a year on the contract signed on 21 January 2026. The previous contract, from January 2025, was AED 70,000; the unit has been rented since September 2024.

How big is unit 417?

901 sqft (83.7 sqm): a studio on the 4th floor of a 19-storey tower completed in 2018.

What is unit 417 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 417, Majestine Allure

Starts from the last sale price (AED 1.4M, 25 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,396,500
Deposit, UAE resident (20%)
AED 279,300
Deposit, non-resident (40%)
AED 558,600
Monthly over 25 years at 3.7%
AED 5,714

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