Studio · 497 sqftMajestine Allure, Business Bay · 6th floor · completed 2018

601A, Majestine Allure

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601A · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 830K21 January 2025
Current rentAED 60K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601A, Majestine Allure

What is 601A worth today?

Last sold for AED 830,000 in 2025

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1 Sep 2026RentedNew contract
AED 60,000/yr12 months · AED 121 per sqft
9 Jun 2026RentedNew contract
AED 62,000/yr12 months · AED 125 per sqft
10 Jul 2025RentedNew contract
AED 62,000/yr12 months · AED 125 per sqft
21 Jan 2025SoldReady
AED 830,000AED 1,670 per sqft
5 Apr 2024RentedNew contract
AED 70,000/yr12 months · AED 141 per sqft
15 Mar 2023RentedNew contract
AED 60,000/yr12 months · AED 121 per sqft
3 Apr 2022RentedRenewal
AED 48,000/yr12 months · AED 97 per sqft
3 Apr 2021RentedNew contract
AED 35,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio hotel apartment
Size
497 sqft
Floor
6th of 19
Parking
P1-32
Developer
Business Tower Investment
Completed
2018
Last sold
AED 830K · January 2025

About 601A, Majestine Allure

601A is a studio of 497 sqft on the 6th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 21 January 2025 for AED 830,000, or AED 1,670 per sqft, 5% below the AED 1,751 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 September 2026, is AED 60,000 a year: a gross yield of 7.2% on the 2025 price.

Sales and rents for 601A over time

Sales
Unit 601A, 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, April 2015: AED 1,040,250 (AED 2,094 per sqft)Sold, January 2025: AED 830,000 (AED 1,670 per sqft)

601A has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 601A, each contractTypical studio in Majestine Allure
40K60K201920222025Typical 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, February 2019: AED 60,000 a yearNew contract, February 2020: AED 49,852 a yearNew contract, April 2021: AED 35,000 a yearRenewal, April 2022: AED 48,000 a yearNew contract, March 2023: AED 60,000 a yearNew contract, April 2024: AED 70,000 a yearNew contract, July 2025: AED 62,000 a yearNew contract, June 2026: AED 62,000 a yearNew contract, September 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 601A sits

All 283 studios →

601A last sold in January 2025 at AED 1,670 per sqft, 5% below what studios in Majestine Allure were fetching at the time (AED 1,751). 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. 601A'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 6th floor

All 497 units in Majestine Allure
Value
601StudioAED 1.09M · Jul 2015
602StudioAED 814K · Feb 2026
603StudioAED 870K · Feb 2024
604StudioAED 640K · May 2022
605StudioAED 840K · Feb 2025
606StudioAED 960K · Jul 2024
6071-bedAED 1.96M · Nov 2014
1–7 of 34

601A, Majestine Allure in numbers

  • Sold twice: first on 14 April 2015 for AED 1,040,250, last on 21 January 2025 for AED 830,000 (AED 1,670 per sqft).
  • Rented since February 2019 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 35,000 in 2021 and recovered to AED 60,000 by September 2026.
  • At AED 60,000 a year the gross yield on the 2025 price is 7.2%.
  • 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 September 2026.

Questions about 601A, Majestine Allure

What did unit 601A last sell for?

AED 830,000 on 21 January 2025: AED 1,670 per sqft for 497 sqft. The unit has 2 registered sales; the first was AED 1,040,250 in April 2015.

What is the rent for unit 601A?

AED 60,000 a year on the contract signed on 1 September 2026. The previous contract, from June 2026, was AED 62,000; the unit has been rented since February 2019.

How big is unit 601A?

497 sqft (46.2 sqm): a studio on the 6th floor of a 19-storey tower completed in 2018.

What is unit 601A 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 601A, Majestine Allure

Starts from the last sale price (AED 830K, 21 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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