Studio · 480 sqftMajestine Allure, Business Bay · 6th floor · completed 2018

618, Majestine Allure

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold 4 times, last in August 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 618 · DLD and Ejari recordsUpdated 27 January 2025

Last soldAED 900K29 August 2024

Current rentAED 75K /yr27 January 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 618, Majestine Allure

Today

What is 618 worth today?

Last sold for AED 900,000 in 2024

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27 Jan 2025

27 Jan 2025RentedNew contract

AED 75,000/yr12 months · AED 158 per sqft

27 Jan 2025

27 Jan 2025RentedNew contract

AED 75,000/yr12 months · AED 158 per sqft

29 Aug 2024

29 Aug 2024SoldReady

AED 900,000AED 1,876 per sqft

1 Jun 2024

1 Jun 2024RentedNew contract

AED 75,000/yr12 months · AED 156 per sqft

5 Oct 2022

5 Oct 2022SoldReady

AED 670,000AED 1,397 per sqft

26 Apr 2022

26 Apr 2022SoldReady

AED 565,000AED 1,178 per sqft

28 Dec 2014

28 Dec 2014Sold by developerOff-plan

AED 1,002,250AED 2,090 per sqft

Source: Dubai Land Department. Updated 27 January 2025.

Key facts

Type: Studio apartment
Size: 480 sqft
Floor: 6th of 19
Parking: P1-57
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 900K · August 2024
Building: Majestine Allure

About 618, Majestine Allure

618 is a studio of 480 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 29 August 2024 for AED 900,000, or AED 1,876 per sqft, 8% above the AED 1,735 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 27 January 2025, is AED 75,000 a year: a gross yield of 8.3% on the 2024 price.

Sales and rents for 618 over time

Sales

Unit 618, each saleTypical studio in Majestine Allure

618 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents

Unit 618, each contractTypical studio in Majestine Allure

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 618 sits

All 283 studios →

Studios in Majestine Allure · last 12 months1,718 /sqft Majestine Allure · all types1,539 /sqft

618 last sold in August 2024 at AED 1,876 per sqft, 8% above what studios in Majestine Allure were fetching at the time (AED 1,735). 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. 618's AED 75,000 is in the upper half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
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

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


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
616	Studio	430 sqft	AED 650KAED 650,000 · Aug 2023August 2023	50,000 /yr
617	Studio	481 sqft	AED 830KAED 830,000 · Jun 2024June 2024	49,862 /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

1–7 of 34

618, Majestine Allure in numbers

Sold 4 times: first on 28 December 2014 for AED 1,002,250, last on 29 August 2024 for AED 900,000 (AED 1,876 per sqft).
Rented since June 2024 on 3 Ejari contracts, at AED 75,000 a year.
At AED 75,000 a year the gross yield on the 2024 price is 8.3%.
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 27 January 2025.

Questions about 618, Majestine Allure

What did unit 618 last sell for?

AED 900,000 on 29 August 2024: AED 1,876 per sqft for 480 sqft. The unit has 4 registered sales; the first was AED 1,002,250 in December 2014.

What is the rent for unit 618?

AED 75,000 a year on the contract signed on 27 January 2025. The previous contract, from January 2025, was AED 75,000; the unit has been rented since June 2024.

How big is unit 618?

480 sqft (44.6 sqm): a studio on the 6th floor of a 19-storey tower completed in 2018.

What is unit 618 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 618, Majestine Allure

Starts from the last sale price (AED 900K, 29 August 2024). Switch to today's estimate once you have unlocked it.

Price: AED 900,000
Deposit, UAE resident (20%): AED 180,000
Deposit, non-resident (40%): AED 360,000
Monthly over 25 years at 3.7%: AED 3,682

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