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Studio · 461 sqftMajestine Allure, Business Bay · 7th floor · completed 2018

711, Majestine Allure

Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 5 September 2026
Last soldAED 1.04M13 November 2014
Current rentAED 76K /yr5 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 711, Majestine Allure

What is 711 worth today?

Last sold for AED 1,044,050 in 2014

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5 Sep 2026RentedRenewal
AED 76,000/yr12 months · AED 164 per sqft
5 Sep 2026RentedRenewal
AED 60,000/yr11 months · AED 133 per sqft
5 Sep 2025RentedNew contract
AED 68,200/yr12 months · AED 147 per sqft
20 Jan 2019RentedNew contract
AED 64,000/yr12 months · AED 138 per sqft
13 Nov 2014Sold by developerOff-plan
AED 1,044,050AED 2,266 per sqft

Source: Dubai Land Department. Updated 5 September 2026.

Key facts

Type
Studio apartment
Size
461 sqft
Floor
7th of 19
Parking
P1-74
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.04M · November 2014
Building
Majestine Allure

About 711, Majestine Allure

711 is a studio of 461 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 13 November 2014 for AED 1,044,050, or AED 2,266 per sqft, in line with the AED 2,208 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 5 September 2026, is AED 76,000 a year: a gross yield of 7.3% on the 2014 price.

Sales and rents for 711 over time

Sales
Unit 711, 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, November 2014: AED 1,044,050 (AED 2,266 per sqft)

711 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 711, each contractTypical studio in Majestine Allure
40K60K80K201920222025Typical 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, January 2019: AED 64,000 a yearNew contract, September 2025: AED 68,200 a yearRenewal, September 2026: AED 76,000 a yearRenewal, September 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 711 sits

All 283 studios →

711 last sold in November 2014 at AED 2,266 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,208). 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. 711's AED 76,000 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
704StudioAED 950K · Jul 2025
705StudioAED 1.01M · May 2025
706StudioAED 1.03M · Feb 2017
7071-bedAED 1.77M · Aug 2014
1–7 of 33

711, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 13 November 2014 for AED 1,044,050, or AED 2,266 per sqft.
  • Rented since January 2019 on 4 Ejari contracts, from AED 64,000 to AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2014 price is 7.3%.
  • 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 5 September 2026.

Questions about 711, Majestine Allure

What did unit 711 last sell for?

AED 1,044,050 on 13 November 2014, sold by the developer: AED 2,266 per sqft for 461 sqft. It is the only registered sale of the unit.

What is the rent for unit 711?

AED 76,000 a year on the contract renewed on 5 September 2026. The previous contract, from September 2026, was AED 60,000; the unit has been rented since January 2019.

How big is unit 711?

461 sqft (42.8 sqm): a studio on the 7th floor of a 19-storey tower completed in 2018.

What is unit 711 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 711, Majestine Allure

Starts from the last sale price (AED 1.04M, 13 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,044,050
Deposit, UAE resident (20%)
AED 208,810
Deposit, non-resident (40%)
AED 417,620
Monthly over 25 years at 3.7%
AED 4,272

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