Studio · 575 sqftMajestine Allure, Business Bay · 4th floor · completed 2018

423, Majestine Allure

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 423 · DLD and Ejari recordsUpdated 1 October 2026

Last soldAED 1.21M27 September 2015

Current rentAED 60K /yr1 October 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 423, Majestine Allure

Today

What is 423 worth today?

Last sold for AED 1,206,500 in 2015

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1 Oct 2026

1 Oct 2026RentedNew contract

AED 60,000/yr12 months · AED 104 per sqft

1 Aug 2025

1 Aug 2025RentedNew contract

AED 60,000/yr12 months · AED 104 per sqft

4 Apr 2024

4 Apr 2024RentedRenewal

AED 60,060/yr12 months · AED 105 per sqft

4 Apr 2023

4 Apr 2023RentedRenewal

AED 57,200/yr12 months · AED 100 per sqft

25 Oct 2021

25 Oct 2021RentedNew contract

AED 47,000/yr12 months · AED 82 per sqft

9 Jul 2020

9 Jul 2020RentedNew contract

AED 45,000/yr12 months · AED 78 per sqft

9 Jul 2019

9 Jul 2019RentedNew contract

AED 50,000/yr12 months · AED 88 per sqft

27 Sep 2015

27 Sep 2015Sold by developerOff-plan

AED 1,206,500AED 2,099 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type: Studio apartment
Size: 575 sqft
Floor: 4th of 19
Parking: P1-01
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 1.21M · September 2015
Building: Majestine Allure

About 423, Majestine Allure

423 is a studio of 575 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 27 September 2015 for AED 1,206,500, or AED 2,099 per sqft, in line with the AED 2,152 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 1 October 2026, is AED 60,000 a year: a gross yield of 5.0% on the 2015 price.

Sales and rents for 423 over time

Sales

Unit 423, each saleTypical studio in Majestine Allure

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

Rents

Unit 423, each contractTypical studio in Majestine Allure

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 423 sits

All 283 studios →

Studios in Majestine Allure · last 12 months1,718 /sqft Majestine Allure · all types1,539 /sqft

423 last sold in September 2015 at AED 2,099 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,152). 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. 423's AED 60,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
15 Sep 202615 September 2026	475 sqft	740,000	1,557
20 Aug 202620 August 2026	430 sqft	740,000	1,721
25 Jun 202625 June 2026	493 sqft	750,000	1,521
9 Jun 20269 June 2026	617 sqft	830,000	1,346

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


401	Studio	744 sqft	AED 1.3MAED 1,303,000 · Jan 2019January 2019	73,500 /yr
402	Studio	807 sqft	AED 1.09MAED 1,091,821 · May 2025May 2025
403	Studio	643 sqft	AED 1.21MAED 1,206,000 · Oct 2019October 2019	55,000 /yr
404	Studio	486 sqft	AED 784KAED 784,000 · Apr 2022April 2022	57,000 /yr
405	Studio	469 sqft	AED 925KAED 925,000 · Nov 2018November 2018
406	1-bed	972 sqft	AED 1.72MAED 1,716,000 · Jun 2019June 2019	65,000 /yr
407	1-bed	956 sqft	AED 1.28MAED 1,282,931 · Jul 2026July 2026	108,000 /yr
408	Studio	716 sqft	AED 1.03MAED 1,027,000 · Oct 2021October 2021	60,000 /yr
409	2-bed	1,221 sqft	AED 1.73MAED 1,730,000 · Jan 2025January 2025	112,000 /yr
410	Studio	229 sqft	AED 937KAED 936,600 · Jul 2018July 2018	65,000 /yr
411	Studio	458 sqft	AED 1MAED 1,002,250 · Oct 2015October 2015	55,000 /yr
412	Studio	473 sqft	AED 1.04MAED 1,042,150 · Oct 2015October 2015	68,000 /yr
413	Studio	455 sqft	AED 1MAED 1,000,350 · Aug 2015August 2015	66,000 /yr
414	Studio	444 sqft	AED 979KAED 979,450 · Oct 2015October 2015	70,189 /yr
415	1-bed	1,360 sqft	AED 2.16MAED 2,164,000 · Sep 2023September 2023	105,000 /yr
416	Studio	921 sqft	AED 1.39MAED 1,393,000 · Jan 2023January 2023	65,000 /yr
417	Studio	901 sqft	AED 1.4MAED 1,396,500 · Sep 2023September 2023	70,000 /yr
419	1-bed	968 sqft	AED 1.79MAED 1,791,000 · Sep 2023September 2023	80,000 /yr
420	Studio	580 sqft	AED 1.06MAED 1,062,000 · Dec 2018December 2018
421	Studio	580 sqft	AED 1.04MAED 1,035,000 · Jan 2023January 2023	75,000 /yr
422	Studio	580 sqft	AED 1.1MAED 1,098,752 · Aug 2018August 2018	65,000 /yr
424	1-bed	957 sqft	AED 1.72MAED 1,715,980 · Jun 2023June 2023
402A	Studio	899 sqft	AED 1.18MAED 1,176,838 · Oct 2025October 2025	85,000 /yr
403A	1-bed	1,027 sqft	AED 1.91MAED 1,912,000 · Jul 2019July 2019
404A	1-bed	992 sqft	AED 1.85MAED 1,854,000 · Jul 2019July 2019
405A	1-bed	879 sqft	AED 1.62MAED 1,622,250 · Jun 2018June 2018	115,000 /yr
420A	Studio	580 sqft	AED 1.19MAED 1,186,000 · Mar 2017March 2017	59,834 /yr
421A	Studio	580 sqft	AED 1.04MAED 1,040,760 · Dec 2018December 2018	70,000 /yr

1–7 of 28

423, Majestine Allure in numbers

Sold once: by Business Tower Investment on 27 September 2015 for AED 1,206,500, or AED 2,099 per sqft.
Rented since July 2019 on 7 Ejari contracts, from AED 50,000 to AED 60,000 a year.
At AED 60,000 a year the gross yield on the 2015 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 1 October 2026.

Questions about 423, Majestine Allure

What did unit 423 last sell for?

AED 1,206,500 on 27 September 2015, sold by the developer: AED 2,099 per sqft for 575 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 60,000 a year on the contract signed on 1 October 2026. The previous contract, from August 2025, was AED 60,000; the unit has been rented since July 2019.

How big is unit 423?

575 sqft (53.4 sqm): a studio on the 4th floor of a 19-storey tower completed in 2018.

What is unit 423 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 423, Majestine Allure

Starts from the last sale price (AED 1.21M, 27 September 2015). Switch to today's estimate once you have unlocked it.

Price: AED 1,206,500
Deposit, UAE resident (20%): AED 241,300
Deposit, non-resident (40%): AED 482,600
Monthly over 25 years at 3.7%: AED 4,936

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