Studio · 457 sqftMajestine Allure, Business Bay · 6th floor · completed 2018

612A, Majestine Allure

Sold prices and rental history: sold once, by the developer in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612A · DLD and Ejari recordsUpdated 18 August 2022
Last soldAED 864K18 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612A, Majestine Allure

What is 612A worth today?

Last sold for AED 864,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Aug 2022Sold by developerReady
AED 864,000AED 1,889 per sqft

Source: Dubai Land Department. Updated 18 August 2022.

Key facts

Type
Studio apartment
Size
457 sqft
Floor
6th of 19
Parking
P1-47
Developer
Business Tower Investment
Completed
2018
Last sold
AED 864K · August 2022

About 612A, Majestine Allure

612A is a studio of 457 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 18 August 2022 for AED 864,000, or AED 1,889 per sqft, 40% above the AED 1,346 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 612A over time

Sales
Unit 612A, 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, August 2022: AED 864,000 (AED 1,889 per sqft)

612A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 612A, 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 57,000

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 612A sits

All 283 studios →

612A last sold in August 2022 at AED 1,889 per sqft, 40% above 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.

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

612A, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 18 August 2022 for AED 864,000, or AED 1,889 per sqft.
  • 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 August 2022.

Questions about 612A, Majestine Allure

What did unit 612A last sell for?

AED 864,000 on 18 August 2022, sold by the developer: AED 1,889 per sqft for 457 sqft. It is the only registered sale of the unit.

How big is unit 612A?

457 sqft (42.5 sqm): a studio on the 6th floor of a 19-storey tower completed in 2018.

What is unit 612A 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.

Selling 612A? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 612A, Majestine Allure

Starts from the last sale price (AED 864K, 18 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 864,000
Deposit, UAE resident (20%)
AED 172,800
Deposit, non-resident (40%)
AED 345,600
Monthly over 25 years at 3.7%
AED 3,535

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