501, Majestine Allure
Sold prices and rental history: sold twice, last in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Majestine Allure
What is 501 worth today?
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Source: Dubai Land Department. Updated 9 October 2023.
Key facts
- Type
- Studio apartment
- Size
- 499 sqft
- Floor
- 5th of 19
- Parking
- P3-01
- Developer
- Business Tower Investment
- Completed
- 2018
- Last sold
- AED 935K · October 2023
- Building
- Majestine Allure
About 501, Majestine Allure
501 is a studio of 499 sqft on the 5th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 9 October 2023 for AED 934,920, or AED 1,874 per sqft, 17% above the AED 1,608 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 501 over time
501 has sold twice; the dashed line is the studio median of each year in the building.
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 501 sits
All 283 studios →501 last sold in October 2023 at AED 1,874 per sqft, 17% above what studios in Majestine Allure were fetching at the time (AED 1,608). 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.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Majestine Allure
Building497 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%
Other units on the 5th floor
All 497 units in Majestine Allure| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | Studio | 474 sqft | AED 850KAED 850,000 · Jun 2025June 2025 | 62,000 /yr | |
| 503 | Studio | 459 sqft | AED 765KAED 765,000 · Nov 2023November 2023 | 70,000 /yr | |
| 504 | Studio | 572 sqft | AED 793KAED 793,380 · Apr 2022April 2022 | 96,000 /yr | |
| 505 | 2-bed | 1,500 sqft | AED 2.52MAED 2,515,600 · Aug 2014August 2014 | 133,000 /yr | |
| 506 | Studio | 472 sqft | AED 1.03MAED 1,026,000 · May 2017May 2017 | 65,000 /yr | |
| 507 | 1-bed | 978 sqft | AED 1.96MAED 1,962,700 · Dec 2014December 2014 | 110,000 /yr | |
| 508 | 1-bed | 890 sqft | AED 1.63MAED 1,633,000 · Nov 2023November 2023 | 95,000 /yr | |
| 509 | Studio | 617 sqft | AED 1.26MAED 1,260,000 · Sep 2015September 2015 | 67,000 /yr | |
| 510 | 2-bed | 1,242 sqft | AED 2.56MAED 2,558,000 · Oct 2015October 2015 | 137,000 /yr | |
| 511 | Studio | 461 sqft | AED 1MAED 1,000,350 · Sep 2015September 2015 | 60,000 /yr | |
| 512 | Studio | 475 sqft | AED 1.04MAED 1,042,150 · Dec 2017December 2017 | 65,000 /yr | |
| 513 | Studio | 447 sqft | AED 800KAED 800,000 · Dec 2025December 2025 | 51,000 /yr | |
| 514 | 2-bed | 1,068 sqft | AED 2.14MAED 2,137,500 · Oct 2015October 2015 | 105,000 /yr | |
| 515 | 3-bed | 1,421 sqft | AED 2MAED 1,998,000 · Nov 2021November 2021 | 163,000 /yr | |
| 516 | Studio | 430 sqft | AED 770KAED 770,000 · Apr 2024April 2024 | ||
| 517 | Studio | 481 sqft | AED 730KAED 730,000 · Jul 2023July 2023 | 50,000 /yr | |
| 518 | Studio | 480 sqft | AED 610KAED 610,000 · Oct 2019October 2019 | 65,763 /yr | |
| 519 | Studio | 481 sqft | AED 835KAED 835,000 · Mar 2024March 2024 | 41,400 /yr | |
| 520 | 1-bed | 896 sqft | AED 1.71MAED 1,711,900 · Aug 2015August 2015 | 70,000 /yr | |
| 501A | Studio | 497 sqft | AED 785KAED 785,000 · Jan 2024January 2024 | 55,000 /yr | |
| 502A | 1-bed | 853 sqft | AED 1.6MAED 1,604,550 · Dec 2014December 2014 | 110,000 /yr | |
| 503A | Studio | 453 sqft | AED 992KAED 991,800 · Oct 2015October 2015 | 48,000 /yr | |
| 503B | 1-bed | 820 sqft | AED 1.59MAED 1,593,000 · Jul 2016July 2016 | 120,000 /yr | |
| 504A | 1-bed | 1,034 sqft | AED 1.93MAED 1,927,000 · Jul 2019July 2019 | 80,000 /yr | |
| 506a | 1-bed | 886 sqft | AED 1.58MAED 1,580,712 · May 2018May 2018 | 105,000 /yr | |
| 511A | Studio | 461 sqft | AED 528KAED 528,000 · Mar 2022March 2022 | 65,000 /yr | |
| 512A | Studio | 457 sqft | AED 1.04MAED 1,044,050 · Dec 2014December 2014 | 65,000 /yr | |
| 513A | 1-bed | 894 sqft | AED 1.56MAED 1,556,000 · Jul 2018July 2018 | 77,143 /yr | |
| 513B | Studio | 456 sqft | AED 490KAED 490,000 · Mar 2021March 2021 | 60,000 /yr | |
| 516A | Studio | 480 sqft | AED 555KAED 555,000 · Apr 2022April 2022 | 50,000 /yr | |
| 517A | Studio | 478 sqft | AED 1MAED 1,000,350 · Sep 2015September 2015 | 60,500 /yr | |
| 518A | Studio | 479 sqft | AED 1MAED 1,002,250 · Dec 2014December 2014 | 50,000 /yr | |
| 519A | Studio | 467 sqft | AED 988KAED 988,000 · Aug 2015August 2015 | 40,000 /yr |
501, Majestine Allure in numbers
- Sold twice: first on 11 April 2018 for AED 1,027,950, last on 9 October 2023 for AED 934,920 (AED 1,874 per sqft).
- 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 9 October 2023.
Questions about 501, Majestine Allure
What did unit 501 last sell for?
AED 934,920 on 9 October 2023: AED 1,874 per sqft for 499 sqft. The unit has 2 registered sales; the first was AED 1,027,950 in April 2018.
How big is unit 501?
499 sqft (46.4 sqm): a studio on the 5th floor of a 19-storey tower completed in 2018.
What is unit 501 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.
Selling 501? Put it on the OpenOffers board
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Mortgage on 501, Majestine Allure
Starts from the last sale price (AED 935K, 9 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 934,920
- Deposit, UAE resident (20%)
- AED 186,984
- Deposit, non-resident (40%)
- AED 373,968
- Monthly over 25 years at 3.7%
- AED 3,825
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →