512, Majestine Allure
Sold prices and rental history: sold once, by the developer in December 2017, 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 512, Majestine Allure
What is 512 worth today?
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Source: Dubai Land Department. Updated 25 December 2025.
Key facts
- Type
- Studio hotel apartment
- Size
- 475 sqft
- Floor
- 5th of 19
- Parking
- P1-18
- Developer
- Business Tower Investment
- Completed
- 2018
- Last sold
- AED 1.04M · December 2017
- Building
- Majestine Allure
About 512, Majestine Allure
512 is a studio of 475 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 27 December 2017 for AED 1,042,150, or AED 2,192 per sqft, in line with the AED 2,177 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 25 December 2025, is AED 65,000 a year: a gross yield of 6.2% on the 2017 price.
Sales and rents for 512 over time
512 has sold once; 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 512 sits
All 283 studios →512 last sold in December 2017 at AED 2,192 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,177). 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. 512's AED 65,000 is in the lower half of that range.
| 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 |
512, Majestine Allure in numbers
- Sold once: by Business Tower Investment on 27 December 2017 for AED 1,042,150, or AED 2,192 per sqft.
- Rented since October 2019 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 35,903 in 2021 and recovered to AED 65,000 by December 2025.
- At AED 65,000 a year the gross yield on the 2017 price is 6.2%.
- 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 25 December 2025.
Questions about 512, Majestine Allure
What did unit 512 last sell for?
AED 1,042,150 on 27 December 2017, sold by the developer: AED 2,192 per sqft for 475 sqft. It is the only registered sale of the unit.
What is the rent for unit 512?
AED 65,000 a year on the contract renewed on 25 December 2025. The previous contract, from December 2025, was AED 65,000; the unit has been rented since October 2019.
How big is unit 512?
475 sqft (44.1 sqm): a studio on the 5th floor of a 19-storey tower completed in 2018.
What is unit 512 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 512, Majestine Allure
Starts from the last sale price (AED 1.04M, 27 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,042,150
- Deposit, UAE resident (20%)
- AED 208,430
- Deposit, non-resident (40%)
- AED 416,860
- Monthly over 25 years at 3.7%
- AED 4,264
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →