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Studio · 474 sqftMajestine Allure, Business Bay · 6th floor · completed 2018

602, Majestine Allure

Sold prices and rental history: sold twice, last in February 2026, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 814K1 February 2026
Current rentAED 70K /yr7 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 602, Majestine Allure

What is 602 worth today?

Last sold for AED 814,000 in 2026

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1 Feb 2026SoldReady
AED 814,000AED 1,715 per sqft
7 Feb 2024RentedNew contract
AED 69,792/yr12 months · AED 147 per sqft
13 Mar 2022RentedNew contract
AED 50,000/yr12 months · AED 105 per sqft
13 Mar 2021RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
28 Oct 2015Sold by developerOff-plan
AED 990,850AED 2,088 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
474 sqft
Floor
6th of 19
Parking
P1-33
Developer
Business Tower Investment
Completed
2018
Last sold
AED 814K · February 2026
Building
Majestine Allure

About 602, Majestine Allure

602 is a studio of 474 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 1 February 2026 for AED 814,000, or AED 1,715 per sqft, in line with the AED 1,722 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 7 February 2024, is AED 69,792 a year: a gross yield of 8.6% on the 2026 price.

Sales and rents for 602 over time

Sales
Unit 602, 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 990,850 (AED 2,088 per sqft)Sold, February 2026: AED 814,000 (AED 1,715 per sqft)

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

Rents
Unit 602, each contractTypical studio in Majestine Allure
40K60K20192021202320252027Typical 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, March 2021: AED 40,000 a yearNew contract, March 2022: AED 50,000 a yearNew contract, February 2024: AED 69,792 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 602 sits

All 283 studios →

602 last sold in February 2026 at AED 1,715 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 1,722). 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. 602's AED 69,792 is in the upper 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
603StudioAED 870K · Feb 2024
604StudioAED 640K · May 2022
605StudioAED 840K · Feb 2025
606StudioAED 960K · Jul 2024
6071-bedAED 1.96M · Nov 2014
6081-bedAED 1.53M · Nov 2018
1–7 of 34

602, Majestine Allure in numbers

  • Sold twice: first on 28 October 2015 for AED 990,850, last on 1 February 2026 for AED 814,000 (AED 1,715 per sqft).
  • Rented since March 2021 on 3 Ejari contracts, from AED 40,000 to AED 69,792 a year.
  • At AED 69,792 a year the gross yield on the 2026 price is 8.6%.
  • 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 February 2026.

Questions about 602, Majestine Allure

What did unit 602 last sell for?

AED 814,000 on 1 February 2026: AED 1,715 per sqft for 474 sqft. The unit has 2 registered sales; the first was AED 990,850 in October 2015.

What is the rent for unit 602?

AED 69,792 a year on the contract signed on 7 February 2024. The previous contract, from March 2022, was AED 50,000; the unit has been rented since March 2021.

How big is unit 602?

474 sqft (44.0 sqm): a studio on the 6th floor of a 19-storey tower completed in 2018.

What is unit 602 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 602, Majestine Allure

Starts from the last sale price (AED 814K, 1 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 814,000
Deposit, UAE resident (20%)
AED 162,800
Deposit, non-resident (40%)
AED 325,600
Monthly over 25 years at 3.7%
AED 3,330

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