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Studio · 617 sqftMajestine Allure, Business Bay · 7th floor · completed 2018

709, Majestine Allure

Sold prices and rental history: sold 3 times, last in June 2026, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 11 July 2026
Last soldAED 830K9 June 2026
Current rentAED 60K /yr11 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 709, Majestine Allure

What is 709 worth today?

Last sold for AED 830,000 in 2026

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11 Jul 2026RentedNew contract
AED 60,000/yr12 months · AED 98 per sqft
9 Jun 2026SoldReady
AED 830,000AED 1,346 per sqft
25 Oct 2023SoldReady
AED 970,000AED 1,573 per sqft
29 Apr 2023RentedRenewal
AED 55,000/yr12 months · AED 90 per sqft
29 Apr 2022RentedNew contract
AED 55,000/yr12 months · AED 90 per sqft
7 Apr 2022Sold by developerReady
AED 858,480AED 1,392 per sqft

Source: Dubai Land Department. Updated 11 July 2026.

Key facts

Type
Studio apartment
Size
617 sqft
Floor
7th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 830K · June 2026
Building
Majestine Allure

About 709, Majestine Allure

709 is a studio of 617 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 9 June 2026 for AED 830,000, or AED 1,346 per sqft, 22% below the AED 1,715 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 11 July 2026, is AED 60,000 a year: a gross yield of 7.2% on the 2026 price.

Sales and rents for 709 over time

Sales
Unit 709, 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, April 2022: AED 858,480 (AED 1,392 per sqft)Sold, October 2023: AED 970,000 (AED 1,573 per sqft)Sold, June 2026: AED 830,000 (AED 1,346 per sqft)

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

Rents
Unit 709, each contractTypical studio in Majestine Allure
40K60K201920222025Typical 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, April 2022: AED 55,000 a yearRenewal, April 2023: AED 55,000 a yearNew contract, July 2026: AED 60,000 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 709 sits

All 283 studios →

709 last sold in June 2026 at AED 1,346 per sqft, 22% below what studios in Majestine Allure were fetching at the time (AED 1,715). 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. 709's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Sep 2026740,000
20 Aug 2026740,000
25 Jun 2026750,000
21 Apr 2026887,316
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
704StudioAED 950K · Jul 2025
705StudioAED 1.01M · May 2025
706StudioAED 1.03M · Feb 2017
7071-bedAED 1.77M · Aug 2014
1–7 of 33

709, Majestine Allure in numbers

  • Sold 3 times: first on 7 April 2022 for AED 858,480, last on 9 June 2026 for AED 830,000 (AED 1,346 per sqft).
  • Rented since April 2022 on 3 Ejari contracts, from AED 55,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2026 price is 7.2%.
  • 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 11 July 2026.

Questions about 709, Majestine Allure

What did unit 709 last sell for?

AED 830,000 on 9 June 2026: AED 1,346 per sqft for 617 sqft. The unit has 3 registered sales; the first was AED 858,480 in April 2022.

What is the rent for unit 709?

AED 60,000 a year on the contract signed on 11 July 2026. The previous contract, from April 2023, was AED 55,000; the unit has been rented since April 2022.

How big is unit 709?

617 sqft (57.3 sqm): a studio on the 7th floor of a 19-storey tower completed in 2018.

What is unit 709 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 709, Majestine Allure

Starts from the last sale price (AED 830K, 9 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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