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1-bed · 886 sqftMajestine Allure, Business Bay · 5th floor · completed 2018

506a, Majestine Allure

Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506a · DLD and Ejari recordsUpdated 26 January 2026
Last soldAED 1.58M31 May 2018
Current rentAED 105K /yr26 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506a, Majestine Allure

What is 506a worth today?

Last sold for AED 1,580,712 in 2018

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26 Jan 2026RentedNew contract
AED 105,000/yr12 months · AED 119 per sqft
28 Nov 2024RentedRenewal
AED 85,000/yr12 months · AED 96 per sqft
28 Nov 2023RentedRenewal
AED 81,000/yr12 months · AED 91 per sqft
28 Nov 2022RentedNew contract
AED 70,000/yr12 months · AED 79 per sqft
28 Nov 2022RentedRenewal
AED 60,000/yr12 months · AED 68 per sqft
28 Nov 2021RentedRenewal
AED 60,000/yr12 months · AED 68 per sqft
28 Nov 2020RentedNew contract
AED 57,000/yr12 months · AED 64 per sqft
31 May 2018Sold by developerOff-plan
AED 1,580,712AED 1,784 per sqft

Source: Dubai Land Department. Updated 26 January 2026.

Key facts

Type
1-bed apartment
Size
886 sqft
Floor
5th of 19
Parking
P1-11
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.58M · May 2018
Building
Majestine Allure

About 506a, Majestine Allure

506a is a one-bedroom apartment of 886 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 31 May 2018 for AED 1,580,712, or AED 1,784 per sqft, in line with the AED 1,743 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 26 January 2026, is AED 105,000 a year: a gross yield of 6.6% on the 2018 price.

Sales and rents for 506a over time

Sales
Unit 506a, each saleTypical one-bed in Majestine Allure
1M1.5M2014201820222026Typical sale price by year: 2014 AED 1,779,350; 2015 AED 1,730,900; 2016 AED 1,719,000; 2017 AED 1,517,000; 2018 AED 1,552,655; 2019 AED 1,677,000; 2020 AED 1,040,000; 2021 AED 912,500; 2022 AED 1,336,500; 2023 AED 1,656,120; 2024 AED 1,320,000; 2025 AED 1,262,500; 2026 AED 1,327,500Sold by developer, May 2018: AED 1,580,712 (AED 1,784 per sqft)

506a has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 506a, each contractTypical one-bed in Majestine Allure
50K75K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 61,500; 2021 AED 64,000; 2022 AED 75,000; 2023 AED 87,000; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 90,000New contract, November 2020: AED 57,000 a yearRenewal, November 2021: AED 60,000 a yearNew contract, November 2022: AED 70,000 a yearRenewal, November 2022: AED 60,000 a yearRenewal, November 2023: AED 81,000 a yearRenewal, November 2024: AED 85,000 a yearNew contract, January 2026: AED 105,000 a year

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 506a sits

All 147 1-beds →

506a last sold in May 2018 at AED 1,784 per sqft, in line with what one-beds in Majestine Allure were fetching at the time (AED 1,743). 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. 506a's AED 105,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Aug 20261,250,000
20 Jul 20261,282,931
23 Apr 20261,433,816
6 Apr 20261,305,000
10 1-bed 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
504StudioAED 793K · Apr 2022
5052-bedAED 2.52M · Aug 2014
506StudioAED 1.03M · May 2017
5071-bedAED 1.96M · Dec 2014
1–7 of 33

506a, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 31 May 2018 for AED 1,580,712, or AED 1,784 per sqft.
  • Rented since November 2020 on 7 Ejari contracts, from AED 57,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2018 price is 6.6%.
  • 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 26 January 2026.

Questions about 506a, Majestine Allure

What did unit 506a last sell for?

AED 1,580,712 on 31 May 2018, sold by the developer: AED 1,784 per sqft for 886 sqft. It is the only registered sale of the unit.

What is the rent for unit 506a?

AED 105,000 a year on the contract signed on 26 January 2026. The previous contract, from November 2024, was AED 85,000; the unit has been rented since November 2020.

How big is unit 506a?

886 sqft (82.3 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2018.

What is unit 506a 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 506a, Majestine Allure

Starts from the last sale price (AED 1.58M, 31 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,580,712
Deposit, UAE resident (20%)
AED 316,142
Deposit, non-resident (40%)
AED 632,285
Monthly over 25 years at 3.7%
AED 6,467

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