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

421, Majestine Allure

Sold prices and rental history: sold once, by the developer in January 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 421 · DLD and Ejari recordsUpdated 25 February 2026
Last soldAED 1.04M10 January 2023
Current rentAED 75K /yr25 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 421, Majestine Allure

What is 421 worth today?

Last sold for AED 1,035,000 in 2023

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25 Feb 2026RentedNew contract
AED 75,000/yr12 months · AED 129 per sqft
19 Feb 2025RentedNew contract
AED 85,000/yr12 months · AED 146 per sqft
19 Feb 2025RentedNew contract
AED 85,000/yr12 months · AED 146 per sqft
10 Jan 2023Sold by developerReady
AED 1,035,000AED 1,785 per sqft

Source: Dubai Land Department. Updated 25 February 2026.

Key facts

Type
Studio apartment
Size
580 sqft
Floor
4th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.04M · January 2023
Building
Majestine Allure

About 421, Majestine Allure

421 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 10 January 2023 for AED 1,035,000, or AED 1,785 per sqft, 30% above the AED 1,370 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 25 February 2026, is AED 75,000 a year: a gross yield of 7.2% on the 2023 price.

Sales and rents for 421 over time

Sales
Unit 421, 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, January 2023: AED 1,035,000 (AED 1,785 per sqft)

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

Rents
Unit 421, each contractTypical studio in Majestine Allure
50K75K20192021202320252027Typical 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, February 2025: AED 85,000 a yearNew contract, February 2025: AED 85,000 a yearNew contract, February 2026: AED 75,000 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 421 sits

All 283 studios →

421 last sold in January 2023 at AED 1,785 per sqft, 30% above what studios in Majestine Allure were fetching at the time (AED 1,370). 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. 421's AED 75,000 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

421, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 10 January 2023 for AED 1,035,000, or AED 1,785 per sqft.
  • Rented since February 2025 on 3 Ejari contracts, from AED 85,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 7.2%.
  • 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 25 February 2026.

Questions about 421, Majestine Allure

What did unit 421 last sell for?

AED 1,035,000 on 10 January 2023, sold by the developer: AED 1,785 per sqft for 580 sqft. It is the only registered sale of the unit.

What is the rent for unit 421?

AED 75,000 a year on the contract signed on 25 February 2026. The previous contract, from February 2025, was AED 85,000; the unit has been rented since February 2025.

How big is unit 421?

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

What is unit 421 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 421, Majestine Allure

Starts from the last sale price (AED 1.04M, 10 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,035,000
Deposit, UAE resident (20%)
AED 207,000
Deposit, non-resident (40%)
AED 414,000
Monthly over 25 years at 3.7%
AED 4,235

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