Studio · 617 sqftMajestine Allure, Business Bay · 6th floor · completed 2018

609, Majestine Allure

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

Unit 609 · DLD and Ejari recordsUpdated 18 October 2026
Last soldAED 750K22 December 2022
Current rentAED 55K /yr18 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Majestine Allure

What is 609 worth today?

Last sold for AED 750,000 in 2022

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18 Oct 2026RentedRenewal
AED 55,000/yr12 months · AED 89 per sqft
18 Oct 2025RentedRenewal
AED 65,000/yr12 months · AED 105 per sqft
18 Oct 2024RentedNew contract
AED 65,000/yr12 months · AED 105 per sqft
17 Apr 2024RentedRenewal
AED 68,000/yr12 months · AED 111 per sqft
17 Apr 2023RentedNew contract
AED 68,000/yr12 months · AED 111 per sqft
22 Dec 2022SoldReady
AED 750,000AED 1,216 per sqft
1 Feb 2022RentedRenewal
AED 25,000/yr12 months · AED 41 per sqft
1 Feb 2021RentedNew contract
AED 25,000/yr12 months · AED 41 per sqft

Source: Dubai Land Department. Updated 18 October 2026.

Key facts

Type
Studio apartment
Size
617 sqft
Floor
6th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 750K · December 2022

About 609, Majestine Allure

609 is a studio of 617 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 22 December 2022 for AED 750,000, or AED 1,216 per sqft, 10% below the AED 1,346 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 18 October 2026, is AED 55,000 a year: a gross yield of 7.3% on the 2022 price.

Sales and rents for 609 over time

Sales
Unit 609, 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 2017: AED 1,297,000 (AED 2,103 per sqft)Sold, December 2022: AED 750,000 (AED 1,216 per sqft)

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

Rents
Unit 609, each contractTypical studio in Majestine Allure
20K40K60K201920222025Typical 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 2019: AED 41,887 a yearRenewal, March 2020: AED 42,000 a yearNew contract, February 2021: AED 25,000 a yearRenewal, February 2022: AED 25,000 a yearNew contract, April 2023: AED 68,000 a yearRenewal, April 2024: AED 68,000 a yearNew contract, October 2024: AED 65,000 a yearRenewal, October 2025: AED 65,000 a yearRenewal, October 2026: AED 55,000 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 609 sits

All 283 studios →

609 last sold in December 2022 at AED 1,216 per sqft, 10% below what studios in Majestine Allure were fetching at the time (AED 1,346). 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. 609's AED 55,000 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

609, Majestine Allure in numbers

  • Sold twice: first on 11 October 2017 for AED 1,297,000, last on 22 December 2022 for AED 750,000 (AED 1,216 per sqft).
  • Rented since March 2019 on 9 Ejari contracts. The rent fell from AED 41,887 to AED 25,000 in 2022 and recovered to AED 55,000 by October 2026.
  • At AED 55,000 a year the gross yield on the 2022 price is 7.3%.
  • 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 18 October 2026.

Questions about 609, Majestine Allure

What did unit 609 last sell for?

AED 750,000 on 22 December 2022: AED 1,216 per sqft for 617 sqft. The unit has 2 registered sales; the first was AED 1,297,000 in October 2017.

What is the rent for unit 609?

AED 55,000 a year on the contract renewed on 18 October 2026. The previous contract, from October 2025, was AED 65,000; the unit has been rented since March 2019.

How big is unit 609?

617 sqft (57.3 sqm): a studio on the 6th floor of a 19-storey tower completed in 2018.

What is unit 609 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 609, Majestine Allure

Starts from the last sale price (AED 750K, 22 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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