1-bed · 1,000 sqftMajestine Allure, Business Bay · 6th floor · completed 2018

605A, Majestine Allure

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

Unit 605A · DLD and Ejari recordsUpdated 1 October 2019
Last soldAED 1.76M29 April 2019
Current rentAED 90K /yr1 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605A, Majestine Allure

What is 605A worth today?

Last sold for AED 1,760,000 in 2019

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1 Oct 2019RentedNew contract
AED 90,000/yr12 months · AED 90 per sqft
29 Apr 2019Sold by developerReady
AED 1,760,000AED 1,759 per sqft

Source: Dubai Land Department. Updated 1 October 2019.

Key facts

Type
1-bed apartment
Size
1,000 sqft
Floor
6th of 19
Parking
P1-39
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.76M · April 2019

About 605A, Majestine Allure

605A is a one-bedroom apartment of 1,000 sqft on the 6th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 29 April 2019 for AED 1,760,000, or AED 1,759 per sqft, in line with the AED 1,752 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2019. The current contract, signed on 1 October 2019, is AED 90,000 a year: a gross yield of 5.1% on the 2019 price.

Sales and rents for 605A over time

Sales
Unit 605A, each saleTypical one-bed in Majestine Allure
1M1.5M2014201820222026Typical sale price by year: 2014 AED 1,779,350; 2015 AED 1,730,900; 2016 AED 1,719,000; 2017 AED 1,517,000; 2018 AED 1,552,655; 2019 AED 1,677,000; 2020 AED 1,040,000; 2021 AED 912,500; 2022 AED 1,336,500; 2023 AED 1,656,120; 2024 AED 1,320,000; 2025 AED 1,262,500; 2026 AED 1,327,500Sold by developer, April 2019: AED 1,760,000 (AED 1,759 per sqft)

605A has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 605A, each contractTypical one-bed in Majestine Allure
60K80K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 61,500; 2021 AED 64,000; 2022 AED 75,000; 2023 AED 87,000; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 90,000New contract, October 2019: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Majestine Allure, and where 605A sits

All 147 1-beds →

605A last sold in April 2019 at AED 1,759 per sqft, in line with what one-beds in Majestine Allure were fetching at the time (AED 1,752). Over the last 12 months one-beds sold for AED 1,250,000 to 1,433,816, around AED 1,426 per sqft, and rent for AED 70,000 to 120,000 a year. 605A's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Aug 20261,250,000
20 Jul 20261,282,931
23 Apr 20261,433,816
6 Apr 20261,305,000
10 1-bed 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

605A, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 29 April 2019 for AED 1,760,000, or AED 1,759 per sqft.
  • Rented since October 2019 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2019 price is 5.1%.
  • One-beds in Majestine Allure sold for AED 1,250,000–1,433,816 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 2019.

Questions about 605A, Majestine Allure

What did unit 605A last sell for?

AED 1,760,000 on 29 April 2019, sold by the developer: AED 1,759 per sqft for 1,000 sqft. It is the only registered sale of the unit.

What is the rent for unit 605A?

AED 90,000 a year on the contract signed on 1 October 2019.

How big is unit 605A?

1,000 sqft (92.9 sqm): a one-bedroom apartment on the 6th floor of a 19-storey tower completed in 2018.

What is unit 605A worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Majestine Allure sold for AED 1,250,000 to 1,433,816 in the last 12 months, around AED 1,426 per sqft.

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Mortgage on 605A, Majestine Allure

Starts from the last sale price (AED 1.76M, 29 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,760,000
Deposit, UAE resident (20%)
AED 352,000
Deposit, non-resident (40%)
AED 704,000
Monthly over 25 years at 3.7%
AED 7,201

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