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Studio · 572 sqftMajestine Allure, Business Bay · 7th floor · completed 2018

704, Majestine Allure

Sold prices and rental history: sold 3 times, last in July 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 4 July 2025
Last soldAED 950K4 July 2025
Current rentAED 90K /yr9 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 704, Majestine Allure

What is 704 worth today?

Last sold for AED 950,000 in 2025

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4 Jul 2025SoldReady
AED 950,000AED 1,660 per sqft
9 Dec 2024RentedRenewal
AED 90,000/yr12 months · AED 158 per sqft
9 Dec 2023RentedNew contract
AED 90,000/yr12 months · AED 158 per sqft
27 Apr 2022SoldReady
AED 610,000AED 1,066 per sqft
15 Oct 2021RentedNew contract
AED 45,000/yr12 months · AED 79 per sqft
20 Feb 2019Sold by developerReady
AED 1,119,000AED 1,955 per sqft

Source: Dubai Land Department. Updated 4 July 2025.

Key facts

Type
Studio apartment
Size
572 sqft
Floor
7th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 950K · July 2025
Building
Majestine Allure

About 704, Majestine Allure

704 is a studio of 572 sqft on the 7th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 4 July 2025 for AED 950,000, or AED 1,660 per sqft, 5% below the AED 1,750 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 9 December 2024, is AED 90,000 a year: a gross yield of 9.5% on the 2025 price.

Sales and rents for 704 over time

Sales
Unit 704, 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, February 2019: AED 1,119,000 (AED 1,955 per sqft)Sold, April 2022: AED 610,000 (AED 1,066 per sqft)Sold, July 2025: AED 950,000 (AED 1,660 per sqft)

704 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 704, each contractTypical studio in Majestine Allure
50K75K20192021202320252027Typical 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, October 2021: AED 45,000 a yearNew contract, December 2023: AED 90,000 a yearRenewal, December 2024: AED 90,000 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 704 sits

All 283 studios →

704 last sold in July 2025 at AED 1,660 per sqft, 5% below what studios in Majestine Allure were fetching at the time (AED 1,750). 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. 704's AED 90,000 is in the upper 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 7th floor

All 497 units in Majestine Allure
Value
701StudioAED 1.09M · Jul 2015
702StudioAED 969K · Jun 2018
703StudioAED 1.05M · Oct 2015
705StudioAED 1.01M · May 2025
706StudioAED 1.03M · Feb 2017
7071-bedAED 1.77M · Aug 2014
7081-bedAED 1.6M · Apr 2023
1–7 of 33

704, Majestine Allure in numbers

  • Sold 3 times: first on 20 February 2019 for AED 1,119,000, last on 4 July 2025 for AED 950,000 (AED 1,660 per sqft).
  • Rented since October 2021 on 3 Ejari contracts, from AED 45,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2025 price is 9.5%.
  • 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 4 July 2025.

Questions about 704, Majestine Allure

What did unit 704 last sell for?

AED 950,000 on 4 July 2025: AED 1,660 per sqft for 572 sqft. The unit has 3 registered sales; the first was AED 1,119,000 in February 2019.

What is the rent for unit 704?

AED 90,000 a year on the contract renewed on 9 December 2024. The previous contract, from December 2023, was AED 90,000; the unit has been rented since October 2021.

How big is unit 704?

572 sqft (53.1 sqm): a studio on the 7th floor of a 19-storey tower completed in 2018.

What is unit 704 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 704, Majestine Allure

Starts from the last sale price (AED 950K, 4 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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