Studio · 572 sqftMajestine Allure, Business Bay · 6th floor · completed 2018

604, Majestine Allure

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 640K12 May 2022
Current rentAED 58K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Majestine Allure

What is 604 worth today?

Last sold for AED 640,000 in 2022

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1 Oct 2026RentedNew contract
AED 58,000/yr12 months · AED 102 per sqft
12 Feb 2026RentedNew contract
AED 70,000/yr12 months · AED 123 per sqft
15 Dec 2025RentedNew contract
AED 75,000/yr12 months · AED 131 per sqft
15 Aug 2025RentedRenewal
AED 65,000/yr12 months · AED 114 per sqft
15 Aug 2024RentedNew contract
AED 63,000/yr12 months · AED 110 per sqft
23 Feb 2023RentedNew contract
AED 64,000/yr12 months · AED 112 per sqft
12 May 2022SoldReady
AED 640,000AED 1,118 per sqft
2 Jul 2021RentedNew contract
AED 72,000/yr12 months · AED 126 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
572 sqft
Floor
6th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 640K · May 2022

About 604, Majestine Allure

604 is a studio of 572 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 12 May 2022 for AED 640,000, or AED 1,118 per sqft, 15% below the AED 1,313 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 58,000 a year: a gross yield of 9.1% on the 2022 price.

Sales and rents for 604 over time

Sales
Unit 604, 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, February 2019: AED 1,118,000 (AED 1,954 per sqft)Sold, May 2022: AED 640,000 (AED 1,118 per sqft)

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

Rents
Unit 604, 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, August 2019: AED 55,000 a yearNew contract, July 2021: AED 72,000 a yearNew contract, February 2023: AED 64,000 a yearNew contract, August 2024: AED 63,000 a yearRenewal, August 2025: AED 65,000 a yearNew contract, December 2025: AED 75,000 a yearNew contract, February 2026: AED 70,000 a yearNew contract, October 2026: AED 58,000 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 604 sits

All 283 studios →

604 last sold in May 2022 at AED 1,118 per sqft, 15% below what studios in Majestine Allure were fetching at the time (AED 1,313). 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. 604's AED 58,000 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
605StudioAED 840K · Feb 2025
606StudioAED 960K · Jul 2024
6071-bedAED 1.96M · Nov 2014
6081-bedAED 1.53M · Nov 2018
1–7 of 34

604, Majestine Allure in numbers

  • Sold twice: first on 25 February 2019 for AED 1,118,000, last on 12 May 2022 for AED 640,000 (AED 1,118 per sqft).
  • Rented since August 2019 on 8 Ejari contracts, from AED 55,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2022 price is 9.1%.
  • 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 604, Majestine Allure

What did unit 604 last sell for?

AED 640,000 on 12 May 2022: AED 1,118 per sqft for 572 sqft. The unit has 2 registered sales; the first was AED 1,118,000 in February 2019.

What is the rent for unit 604?

AED 58,000 a year on the contract signed on 1 October 2026. The previous contract, from February 2026, was AED 70,000; the unit has been rented since August 2019.

How big is unit 604?

572 sqft (53.1 sqm): a studio on the 6th floor of a 19-storey tower completed in 2018.

What is unit 604 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 604, Majestine Allure

Starts from the last sale price (AED 640K, 12 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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