616, Majestine Allure
Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 616, Majestine Allure
What is 616 worth today?
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Source: Dubai Land Department. Updated 1 November 2026.
Key facts
- Type
- Studio apartment
- Size
- 430 sqft
- Floor
- 6th of 19
- Parking
- P1-53
- Developer
- Business Tower Investment
- Completed
- 2018
- Last sold
- AED 650K · August 2023
- Building
- Majestine Allure
About 616, Majestine Allure
616 is a studio of 430 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 23 August 2023 for AED 650,000, or AED 1,512 per sqft, 3% below the AED 1,565 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 November 2026, is AED 50,000 a year: a gross yield of 7.7% on the 2023 price.
Sales and rents for 616 over time
616 has sold twice; the dashed line is the studio median of each year in the building.
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 616 sits
All 283 studios →616 last sold in August 2023 at AED 1,512 per sqft, 3% below what studios in Majestine Allure were fetching at the time (AED 1,565). 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. 616's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Sep 202615 September 2026 | 475 sqft | 740,000 | 1,557 | ||
| 20 Aug 202620 August 2026 | 430 sqft | 740,000 | 1,721 | ||
| 25 Jun 202625 June 2026 | 493 sqft | 750,000 | 1,521 | ||
| 9 Jun 20269 June 2026 | 617 sqft | 830,000 | 1,346 |
Majestine Allure
Building497 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%
Other units on the 6th floor
All 497 units in Majestine Allure| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | Studio | 499 sqft | AED 1.09MAED 1,092,500 · Jul 2015July 2015 | 52,000 /yr | |
| 602 | Studio | 474 sqft | AED 814KAED 814,000 · Feb 2026February 2026 | 69,792 /yr | |
| 603 | Studio | 459 sqft | AED 870KAED 870,000 · Feb 2024February 2024 | 80,000 /yr | |
| 604 | Studio | 572 sqft | AED 640KAED 640,000 · May 2022May 2022 | 58,000 /yr | |
| 605 | Studio | 489 sqft | AED 840KAED 840,000 · Feb 2025February 2025 | 52,500 /yr | |
| 606 | Studio | 472 sqft | AED 960KAED 960,000 · Jul 2024July 2024 | 72,000 /yr | |
| 607 | 1-bed | 978 sqft | AED 1.96MAED 1,962,700 · Nov 2014November 2014 | 100,000 /yr | |
| 608 | 1-bed | 890 sqft | AED 1.53MAED 1,528,800 · Nov 2018November 2018 | 100,000 /yr | |
| 609 | Studio | 617 sqft | AED 750KAED 750,000 · Dec 2022December 2022 | 55,000 /yr | |
| 610 | 2-bed | 1,242 sqft | AED 2.15MAED 2,150,000 · Mar 2023March 2023 | 140,000 /yr | |
| 611 | Studio | 461 sqft | AED 1.04MAED 1,044,050 · Dec 2014December 2014 | 65,000 /yr | |
| 612 | Studio | 475 sqft | AED 840KAED 840,000 · Feb 2025February 2025 | 68,000 /yr | |
| 613 | Studio | 447 sqft | AED 979KAED 979,450 · Oct 2015October 2015 | 65,000 /yr | |
| 614 | 2-bed | 1,068 sqft | AED 1.42MAED 1,420,000 · Feb 2024February 2024 | 52,000 /yr | |
| 615 | 3-bed | 1,420 sqft | AED 1.85MAED 1,850,000 · Apr 2026April 2026 | 160,000 /yr | |
| 617 | Studio | 481 sqft | AED 830KAED 830,000 · Jun 2024June 2024 | 49,862 /yr | |
| 618 | Studio | 480 sqft | AED 900KAED 900,000 · Aug 2024August 2024 | 75,000 /yr | |
| 619 | Studio | 481 sqft | AED 1MAED 1,004,150 · Oct 2015October 2015 | 64,820 /yr | |
| 620 | 1-bed | 896 sqft | AED 1.64MAED 1,636,600 · Nov 2022November 2022 | ||
| 601A | Studio | 497 sqft | AED 830KAED 830,000 · Jan 2025January 2025 | 60,000 /yr | |
| 602A | 1-bed | 853 sqft | AED 2.1MAED 2,100,000 · Jul 2023July 2023 | 100,000 /yr | |
| 603A | Studio | 453 sqft | AED 550KAED 550,000 · Jul 2021July 2021 | 50,000 /yr | |
| 603B | 1-bed | 820 sqft | AED 1.68MAED 1,681,500 · Aug 2015August 2015 | 95,000 /yr | |
| 604A | 1-bed | 1,034 sqft | AED 1.91MAED 1,912,960 · Jul 2023July 2023 | 80,000 /yr | |
| 605A | 1-bed | 1,000 sqft | AED 1.76MAED 1,760,000 · Apr 2019April 2019 | 90,000 /yr | |
| 606A | 1-bed | 886 sqft | AED 1.53MAED 1,531,530 · Oct 2018October 2018 | 95,000 /yr | |
| 611A | Studio | 461 sqft | AED 850KAED 850,000 · Mar 2025March 2025 | 60,000 /yr | |
| 612A | Studio | 457 sqft | AED 864KAED 864,000 · Aug 2022August 2022 | ||
| 613A | 1-bed | 894 sqft | AED 1.75MAED 1,750,000 · Jul 2023July 2023 | ||
| 613B | Studio | 456 sqft | AED 1.01MAED 1,008,900 · Aug 2015August 2015 | 57,000 /yr | |
| 616A | Studio | 480 sqft | AED 630KAED 630,000 · Sep 2021September 2021 | 70,000 /yr | |
| 617A | Studio | 478 sqft | AED 1MAED 1,000,350 · Oct 2015October 2015 | 62,000 /yr | |
| 618A | Studio | 479 sqft | AED 1MAED 1,002,250 · Dec 2014December 2014 | 64,000 /yr | |
| 619A | Studio | 467 sqft | AED 1.02MAED 1,016,500 · Jul 2015July 2015 |
616, Majestine Allure in numbers
- Sold twice: first on 4 December 2014 for AED 916,750, last on 23 August 2023 for AED 650,000 (AED 1,512 per sqft).
- Rented since November 2019 on 8 Ejari contracts. The rent fell from AED 54,000 to AED 37,000 in 2021 and recovered to AED 50,000 by November 2026.
- At AED 50,000 a year the gross yield on the 2023 price is 7.7%.
- 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 November 2026.
Questions about 616, Majestine Allure
What did unit 616 last sell for?
AED 650,000 on 23 August 2023: AED 1,512 per sqft for 430 sqft. The unit has 2 registered sales; the first was AED 916,750 in December 2014.
What is the rent for unit 616?
AED 50,000 a year on the contract signed on 1 November 2026. The previous contract, from September 2025, was AED 61,000; the unit has been rented since November 2019.
How big is unit 616?
430 sqft (39.9 sqm): a studio on the 6th floor of a 19-storey tower completed in 2018.
What is unit 616 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 616, Majestine Allure
Starts from the last sale price (AED 650K, 23 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →