Studio · 580 sqftMajestine Allure, Business Bay · 4th floor · completed 2018

420A, Majestine Allure

Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 420A · DLD and Ejari recordsUpdated 2 April 2025
Last soldAED 1.19M12 March 2017
Current rentAED 60K /yr2 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 420A, Majestine Allure

What is 420A worth today?

Last sold for AED 1,186,000 in 2017

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2 Apr 2025RentedRenewal
AED 59,834/yr12 months · AED 103 per sqft
2 Apr 2025RentedRenewal
AED 59,834/yr12 months · AED 103 per sqft
2 Apr 2024RentedRenewal
AED 57,000/yr12 months · AED 98 per sqft
2 Apr 2023RentedRenewal
AED 55,000/yr12 months · AED 95 per sqft
2 Apr 2023RentedNew contract
AED 55,000/yr12 months · AED 95 per sqft
2 Apr 2022RentedNew contract
AED 50,000/yr12 months · AED 86 per sqft
1 Feb 2021RentedNew contract
AED 42,000/yr12 months · AED 72 per sqft
3 Jan 2020RentedNew contract
AED 60,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 2 April 2025.

Key facts

Type
Studio apartment
Size
580 sqft
Floor
4th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.19M · March 2017

About 420A, Majestine Allure

420A is a studio of 580 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 12 March 2017 for AED 1,186,000, or AED 2,046 per sqft, 6% below the AED 2,174 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 2 April 2025, is AED 59,834 a year: a gross yield of 5.1% on the 2017 price.

Sales and rents for 420A over time

Sales
Unit 420A, 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, March 2017: AED 1,186,000 (AED 2,046 per sqft)

420A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 420A, 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, January 2020: AED 60,000 a yearNew contract, February 2021: AED 42,000 a yearNew contract, April 2022: AED 50,000 a yearRenewal, April 2023: AED 55,000 a yearNew contract, April 2023: AED 55,000 a yearRenewal, April 2024: AED 57,000 a yearRenewal, April 2025: AED 59,834 a yearRenewal, April 2025: AED 59,834 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 420A sits

All 283 studios →

420A last sold in March 2017 at AED 2,046 per sqft, 6% below what studios in Majestine Allure were fetching at the time (AED 2,174). 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. 420A's AED 59,834 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 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

420A, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 12 March 2017 for AED 1,186,000, or AED 2,046 per sqft.
  • Rented since January 2020 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 42,000 in 2021 and recovered to AED 59,834 by April 2025.
  • At AED 59,834 a year the gross yield on the 2017 price is 5.1%.
  • 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 2 April 2025.

Questions about 420A, Majestine Allure

What did unit 420A last sell for?

AED 1,186,000 on 12 March 2017, sold by the developer: AED 2,046 per sqft for 580 sqft. It is the only registered sale of the unit.

What is the rent for unit 420A?

AED 59,834 a year on the contract renewed on 2 April 2025. The previous contract, from April 2025, was AED 59,834; the unit has been rented since January 2020.

How big is unit 420A?

580 sqft (53.9 sqm): a studio on the 4th floor of a 19-storey tower completed in 2018.

What is unit 420A 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 420A, Majestine Allure

Starts from the last sale price (AED 1.19M, 12 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,186,000
Deposit, UAE resident (20%)
AED 237,200
Deposit, non-resident (40%)
AED 474,400
Monthly over 25 years at 3.7%
AED 4,852

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