Studio · 467 sqftMajestine Allure, Business Bay · 5th floor · completed 2018

519A, Majestine Allure

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 519A · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 988K30 August 2015
Current rentAED 40K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 519A, Majestine Allure

What is 519A worth today?

Last sold for AED 988,000 in 2015

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1 Oct 2026RentedNew contract
AED 40,000/yr12 months · AED 86 per sqft
20 May 2024RentedNew contract
AED 65,000/yr12 months · AED 139 per sqft
6 Jan 2024RentedRenewal
AED 61,764/yr1 months · AED 132 per sqft
28 Nov 2023RentedRenewal
AED 47,867/yr1 months · AED 103 per sqft
28 Nov 2022RentedNew contract
AED 65,000/yr12 months · AED 139 per sqft
18 Oct 2021RentedNew contract
AED 48,000/yr12 months · AED 103 per sqft
7 Oct 2020RentedNew contract
AED 37,500/yr12 months · AED 80 per sqft
12 Jan 2019RentedNew contract
AED 75,000/yr12 months · AED 162 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
467 sqft
Floor
5th of 19
Parking
P1-29
Developer
Business Tower Investment
Completed
2018
Last sold
AED 988K · August 2015

About 519A, Majestine Allure

519A is a studio of 467 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 30 August 2015 for AED 988,000, or AED 2,116 per sqft, in line with the AED 2,152 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 1 October 2026, is AED 40,000 a year: a gross yield of 4.0% on the 2015 price.

Sales and rents for 519A over time

Sales
Unit 519A, 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, August 2015: AED 988,000 (AED 2,116 per sqft)

519A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 519A, each contractTypical studio in Majestine Allure
40K60K80K201920222025Typical 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, January 2019: AED 75,000 a yearNew contract, October 2020: AED 37,500 a yearNew contract, October 2021: AED 48,000 a yearNew contract, November 2022: AED 65,000 a yearRenewal, November 2023: AED 47,867 a yearRenewal, January 2024: AED 61,764 a yearNew contract, May 2024: AED 65,000 a yearNew contract, October 2026: AED 40,000 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 519A sits

All 283 studios →

519A last sold in August 2015 at AED 2,116 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,152). 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. 519A's AED 40,000 is at the bottom 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

519A, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 30 August 2015 for AED 988,000, or AED 2,116 per sqft.
  • Rented since January 2019 on 8 Ejari contracts, from AED 75,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2015 price is 4.0%.
  • 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 519A, Majestine Allure

What did unit 519A last sell for?

AED 988,000 on 30 August 2015, sold by the developer: AED 2,116 per sqft for 467 sqft. It is the only registered sale of the unit.

What is the rent for unit 519A?

AED 40,000 a year on the contract signed on 1 October 2026. The previous contract, from May 2024, was AED 65,000; the unit has been rented since January 2019.

How big is unit 519A?

467 sqft (43.4 sqm): a studio on the 5th floor of a 19-storey tower completed in 2018.

What is unit 519A 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 519A, Majestine Allure

Starts from the last sale price (AED 988K, 30 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 988,000
Deposit, UAE resident (20%)
AED 197,600
Deposit, non-resident (40%)
AED 395,200
Monthly over 25 years at 3.7%
AED 4,042

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