701, Majestine Allure
Sold prices and rental history: sold once, by the developer in July 2015, 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 701, Majestine Allure
What is 701 worth today?
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Source: Dubai Land Department. Updated 20 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 499 sqft
- Floor
- 7th of 19
- Parking
- P1-62
- Developer
- Business Tower Investment
- Completed
- 2018
- Last sold
- AED 1.09M · July 2015
- Building
- Majestine Allure
About 701, Majestine Allure
701 is a studio of 499 sqft on the 7th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 28 July 2015 for AED 1,092,500, or AED 2,190 per sqft, in line with the AED 2,174 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 20 July 2026, is AED 52,000 a year: a gross yield of 4.8% on the 2015 price.
Sales and rents for 701 over time
701 has sold once; 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 701 sits
All 283 studios →701 last sold in July 2015 at AED 2,190 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,174). 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. 701's AED 52,000 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 7th floor
All 497 units in Majestine Allure| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | Studio | 474 sqft | AED 969KAED 969,150 · Jun 2018June 2018 | 60,000 /yr | |
| 703 | Studio | 459 sqft | AED 1.05MAED 1,054,500 · Oct 2015October 2015 | 60,000 /yr | |
| 704 | Studio | 572 sqft | AED 950KAED 950,000 · Jul 2025July 2025 | 90,000 /yr | |
| 705 | Studio | 489 sqft | AED 1.01MAED 1,005,000 · May 2025May 2025 | 48,000 /yr | |
| 706 | Studio | 472 sqft | AED 1.03MAED 1,026,000 · Feb 2017February 2017 | 46,000 /yr | |
| 707 | 1-bed | 978 sqft | AED 1.77MAED 1,774,600 · Aug 2014August 2014 | 80,000 /yr | |
| 708 | 1-bed | 890 sqft | AED 1.6MAED 1,604,260 · Apr 2023April 2023 | 104,000 /yr | |
| 709 | Studio | 617 sqft | AED 830KAED 830,000 · Jun 2026June 2026 | 60,000 /yr | |
| 710 | 2-bed | 1,003 sqft | AED 2.43MAED 2,430,100 · Jan 2016January 2016 | 127,000 /yr | |
| 711 | Studio | 461 sqft | AED 1.04MAED 1,044,050 · Nov 2014November 2014 | 60,000 /yr | |
| 712 | Studio | 475 sqft | AED 1.04MAED 1,037,400 · Jan 2015January 2015 | 55,000 /yr | |
| 713 | Studio | 447 sqft | AED 770KAED 770,000 · Aug 2023August 2023 | 65,000 /yr | |
| 714 | 2-bed | 1,068 sqft | AED 2.36MAED 2,356,000 · Aug 2014August 2014 | 115,000 /yr | |
| 715 | 3-bed | 1,420 sqft | AED 2.06MAED 2,060,000 · Aug 2025August 2025 | 200,000 /yr | |
| 716 | Studio | 430 sqft | AED 740KAED 740,000 · Aug 2026August 2026 | 52,000 /yr | |
| 717 | 1-bed | 954 sqft | AED 2.08MAED 2,082,400 · Aug 2014August 2014 | 108,000 /yr | |
| 718 | Studio | 479 sqft | AED 830KAED 830,000 · Jan 2026January 2026 | 52,000 /yr | |
| 719 | Studio | 479 sqft | AED 1MAED 1,002,250 · Dec 2014December 2014 | 84,000 /yr | |
| 720 | 1-bed | 896 sqft | AED 1.64MAED 1,637,580 · Feb 2023February 2023 | ||
| 701A | Studio | 497 sqft | AED 718KAED 717,800 · Nov 2021November 2021 | ||
| 702A | 1-bed | 853 sqft | AED 1.6MAED 1,604,550 · Dec 2014December 2014 | 100,000 /yr | |
| 703A | Studio | 227 sqft | AED 242KAED 241,581 · Feb 2022February 2022 | 55,000 /yr | |
| 703B | 1-bed | 820 sqft | AED 1.57MAED 1,570,875 · Aug 2016August 2016 | 85,000 /yr | |
| 704A | 1-bed | 1,034 sqft | AED 1.93MAED 1,932,000 · Nov 2019November 2019 | 80,000 /yr | |
| 705A | 1-bed | 1,000 sqft | AED 1.78MAED 1,780,000 · May 2019May 2019 | 85,000 /yr | |
| 706A | 1-bed | 886 sqft | AED 1.56MAED 1,555,000 · Jan 2019January 2019 | 76,000 /yr | |
| 711A | Studio | 461 sqft | AED 840KAED 840,000 · Sep 2024September 2024 | 70,000 /yr | |
| 712A | Studio | 457 sqft | AED 948KAED 948,000 · Jul 2015July 2015 | 70,000 /yr | |
| 713A | 1-bed | 894 sqft | AED 1.53MAED 1,526,840 · Dec 2018December 2018 | 115,000 /yr | |
| 713B | Studio | 456 sqft | AED 820KAED 820,000 · Jan 2026January 2026 | 72,000 /yr | |
| 716A | Studio | 479 sqft | AED 695KAED 695,000 · Apr 2026April 2026 | 55,000 /yr | |
| 718A | Studio | 479 sqft | AED 810KAED 810,000 · Oct 2024October 2024 | 60,000 /yr | |
| 719A | Studio | 468 sqft | AED 1.02MAED 1,020,300 · Dec 2014December 2014 | 50,000 /yr |
701, Majestine Allure in numbers
- Sold once: by Business Tower Investment on 28 July 2015 for AED 1,092,500, or AED 2,190 per sqft.
- Rented since July 2019 on 9 Ejari contracts. The rent fell from AED 50,000 to AED 40,000 in 2021 and recovered to AED 52,000 by July 2026.
- At AED 52,000 a year the gross yield on the 2015 price is 4.8%.
- 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 20 July 2026.
Questions about 701, Majestine Allure
What did unit 701 last sell for?
AED 1,092,500 on 28 July 2015, sold by the developer: AED 2,190 per sqft for 499 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 52,000 a year on the contract signed on 20 July 2026. The previous contract, from May 2025, was AED 65,000; the unit has been rented since July 2019.
How big is unit 701?
499 sqft (46.4 sqm): a studio on the 7th floor of a 19-storey tower completed in 2018.
What is unit 701 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 701? Put it on the OpenOffers board
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Mortgage on 701, Majestine Allure
Starts from the last sale price (AED 1.09M, 28 July 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,092,500
- Deposit, UAE resident (20%)
- AED 218,500
- Deposit, non-resident (40%)
- AED 437,000
- Monthly over 25 years at 3.7%
- AED 4,470
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →