Studio · 572 sqftMajestine Allure, Business Bay · 5th floor · completed 2018

504, Majestine Allure

Sold prices and rental history: sold twice, last in April 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 28 November 2025
Last soldAED 793K21 April 2022
Current rentAED 96K /yr28 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Majestine Allure

What is 504 worth today?

Last sold for AED 793,380 in 2022

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28 Nov 2025RentedNew contract
AED 96,000/yr12 months · AED 168 per sqft
21 Apr 2022SoldReady
AED 793,380AED 1,386 per sqft
29 Sep 2021RentedNew contract
AED 72,000/yr12 months · AED 126 per sqft
30 Apr 2021RentedNew contract
AED 72,000/yr12 months · AED 126 per sqft
22 Aug 2019RentedNew contract
AED 47,000/yr12 months · AED 82 per sqft
20 Feb 2019Sold by developerReady
AED 1,118,000AED 1,954 per sqft

Source: Dubai Land Department. Updated 28 November 2025.

Key facts

Type
Studio apartment
Size
572 sqft
Floor
5th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 793K · April 2022

About 504, Majestine Allure

504 is a studio of 572 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 21 April 2022 for AED 793,380, or AED 1,386 per sqft, in line with the AED 1,378 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 28 November 2025, is AED 96,000 a year: a gross yield of 12.1% on the 2022 price.

Sales and rents for 504 over time

Sales
Unit 504, 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, February 2019: AED 1,118,000 (AED 1,954 per sqft)Sold, April 2022: AED 793,380 (AED 1,386 per sqft)

504 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 504, each contractTypical studio in Majestine Allure
50K100K20192021202320252027Typical 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, August 2019: AED 47,000 a yearNew contract, April 2021: AED 72,000 a yearNew contract, September 2021: AED 72,000 a yearNew contract, November 2025: AED 96,000 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 504 sits

All 283 studios →

504 last sold in April 2022 at AED 1,386 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 1,378). 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. 504's AED 96,000 is at the top 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 5th floor

All 497 units in Majestine Allure
Value
501StudioAED 935K · Oct 2023
502StudioAED 850K · Jun 2025
503StudioAED 765K · Nov 2023
5052-bedAED 2.52M · Aug 2014
506StudioAED 1.03M · May 2017
5071-bedAED 1.96M · Dec 2014
5081-bedAED 1.63M · Nov 2023
1–7 of 33

504, Majestine Allure in numbers

  • Sold twice: first on 20 February 2019 for AED 1,118,000, last on 21 April 2022 for AED 793,380 (AED 1,386 per sqft).
  • Rented since August 2019 on 4 Ejari contracts, from AED 47,000 to AED 96,000 a year.
  • At AED 96,000 a year the gross yield on the 2022 price is 12.1%.
  • 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 28 November 2025.

Questions about 504, Majestine Allure

What did unit 504 last sell for?

AED 793,380 on 21 April 2022: AED 1,386 per sqft for 572 sqft. The unit has 2 registered sales; the first was AED 1,118,000 in February 2019.

What is the rent for unit 504?

AED 96,000 a year on the contract signed on 28 November 2025. The previous contract, from September 2021, was AED 72,000; the unit has been rented since August 2019.

How big is unit 504?

572 sqft (53.1 sqm): a studio on the 5th floor of a 19-storey tower completed in 2018.

What is unit 504 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 504, Majestine Allure

Starts from the last sale price (AED 793K, 21 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 793,380
Deposit, UAE resident (20%)
AED 158,676
Deposit, non-resident (40%)
AED 317,352
Monthly over 25 years at 3.7%
AED 3,246

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