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Studio · 456 sqftMajestine Allure, Business Bay · 5th floor · completed 2018

513B, Majestine Allure

Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513B · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 490K22 March 2021
Current rentAED 60K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 513B, Majestine Allure

What is 513B worth today?

Last sold for AED 490,000 in 2021

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1 Oct 2026RentedNew contract
AED 60,000/yr12 months · AED 133 per sqft
13 Sep 2025RentedNew contract
AED 90,000/yr12 months · AED 198 per sqft
13 Sep 2024RentedNew contract
AED 90,000/yr12 months · AED 199 per sqft
13 Sep 2024RentedNew contract
AED 90,000/yr12 months · AED 199 per sqft
21 Nov 2022RentedNew contract
AED 102,000/yr3 months · AED 224 per sqft
15 Nov 2021RentedNew contract
AED 84,000/yr12 months · AED 184 per sqft
22 Mar 2021SoldReady
AED 490,000AED 1,075 per sqft
12 Nov 2020RentedNew contract
AED 35,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
456 sqft
Floor
5th of 19
Parking
P1-22
Developer
Business Tower Investment
Completed
2018
Last sold
AED 490K · March 2021
Building
Majestine Allure

About 513B, Majestine Allure

513B is a studio of 456 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 22 March 2021 for AED 490,000, or AED 1,075 per sqft, in line with the AED 1,057 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 1 October 2026, is AED 60,000 a year: a gross yield of 12.2% on the 2021 price.

Sales and rents for 513B over time

Sales
Unit 513B, 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, October 2015: AED 1,008,900 (AED 2,214 per sqft)Sold, March 2021: AED 490,000 (AED 1,075 per sqft)

513B has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 513B, each contractTypical studio in Majestine Allure
50K100K201920222025Typical 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, May 2019: AED 51,000 a yearRenewal, May 2020: AED 51,000 a yearNew contract, November 2020: AED 35,000 a yearNew contract, November 2021: AED 84,000 a yearNew contract, November 2022: AED 102,000 a yearNew contract, September 2024: AED 90,000 a yearNew contract, September 2024: AED 90,000 a yearNew contract, September 2025: AED 90,000 a yearNew contract, October 2026: AED 60,000 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 513B sits

All 283 studios →

513B last sold in March 2021 at AED 1,075 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 1,057). 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. 513B's AED 60,000 is in the lower half 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
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

513B, Majestine Allure in numbers

  • Sold twice: first on 29 October 2015 for AED 1,008,900, last on 22 March 2021 for AED 490,000 (AED 1,075 per sqft).
  • Rented since May 2019 on 9 Ejari contracts. The rent fell from AED 51,000 to AED 35,000 in 2020 and recovered to AED 60,000 by October 2026.
  • At AED 60,000 a year the gross yield on the 2021 price is 12.2%.
  • 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 1 October 2026.

Questions about 513B, Majestine Allure

What did unit 513B last sell for?

AED 490,000 on 22 March 2021: AED 1,075 per sqft for 456 sqft. The unit has 2 registered sales; the first was AED 1,008,900 in October 2015.

What is the rent for unit 513B?

AED 60,000 a year on the contract signed on 1 October 2026. The previous contract, from September 2025, was AED 90,000; the unit has been rented since May 2019.

How big is unit 513B?

456 sqft (42.4 sqm): a studio on the 5th floor of a 19-storey tower completed in 2018.

What is unit 513B 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 513B, Majestine Allure

Starts from the last sale price (AED 490K, 22 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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