502A, Majestine Allure
Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502A, Majestine Allure
What is 502A worth today?
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Source: Dubai Land Department. Updated 20 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 853 sqft
- Floor
- 5th of 19
- Parking
- P1-05
- Developer
- Business Tower Investment
- Completed
- 2018
- Last sold
- AED 1.6M · December 2014
- Building
- Majestine Allure
About 502A, Majestine Allure
502A is a one-bedroom apartment of 853 sqft on the 5th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 3 December 2014 for AED 1,604,550, or AED 1,880 per sqft, 4% below the AED 1,957 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 20 August 2026, is AED 110,000 a year: a gross yield of 6.9% on the 2014 price.
Sales and rents for 502A over time
502A has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Majestine Allure, and where 502A sits
All 147 1-beds →502A last sold in December 2014 at AED 1,880 per sqft, 4% below what one-beds in Majestine Allure were fetching at the time (AED 1,957). Over the last 12 months one-beds sold for AED 1,250,000 to 1,433,816, around AED 1,426 per sqft, and rent for AED 70,000 to 120,000 a year. 502A's AED 110,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Aug 202618 August 2026 | 1,006 sqft | 1,250,000 | 1,243 | ||
| 20 Jul 202620 July 2026 | 956 sqft | 1,282,931 | 1,342 | ||
| 23 Apr 202623 April 2026 | 1,034 sqft | 1,433,816 | 1,387 | ||
| 6 Apr 20266 April 2026 | 944 sqft | 1,305,000 | 1,381 |
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 | |||||
|---|---|---|---|---|---|
| 501 | Studio | 499 sqft | AED 935KAED 934,920 · Oct 2023October 2023 | ||
| 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 | |
| 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 |
502A, Majestine Allure in numbers
- Sold once: by Business Tower Investment on 3 December 2014 for AED 1,604,550, or AED 1,880 per sqft.
- Rented since March 2019 on 8 Ejari contracts. The rent fell from AED 76,899 to AED 60,000 in 2021 and recovered to AED 110,000 by August 2026.
- At AED 110,000 a year the gross yield on the 2014 price is 6.9%.
- One-beds in Majestine Allure sold for AED 1,250,000–1,433,816 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 20 August 2026.
Questions about 502A, Majestine Allure
What did unit 502A last sell for?
AED 1,604,550 on 3 December 2014, sold by the developer: AED 1,880 per sqft for 853 sqft. It is the only registered sale of the unit.
What is the rent for unit 502A?
AED 110,000 a year on the contract signed on 20 August 2026. The previous contract, from August 2025, was AED 100,000; the unit has been rented since March 2019.
How big is unit 502A?
853 sqft (79.2 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2018.
What is unit 502A worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Majestine Allure sold for AED 1,250,000 to 1,433,816 in the last 12 months, around AED 1,426 per sqft.
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Mortgage on 502A, Majestine Allure
Starts from the last sale price (AED 1.6M, 3 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,604,550
- Deposit, UAE resident (20%)
- AED 320,910
- Deposit, non-resident (40%)
- AED 641,820
- Monthly over 25 years at 3.7%
- AED 6,565
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →