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

711A, Majestine Allure

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711A · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 840K11 September 2024
Current rentAED 70K /yr20 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711A, Majestine Allure

What is 711A worth today?

Last sold for AED 840,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Mar 2025RentedNew contract
AED 70,000/yr24 months · AED 151 per sqft
11 Sep 2024SoldReady
AED 840,000AED 1,822 per sqft
1 Sep 2023RentedNew contract
AED 58,000/yr24 months · AED 125 per sqft
6 Aug 2022RentedNew contract
AED 45,000/yr12 months · AED 97 per sqft
18 Mar 2021RentedNew contract
AED 40,000/yr12 months · AED 86 per sqft
17 Aug 2015Sold by developerOff-plan
AED 1,048,800AED 2,276 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
Studio apartment
Size
461 sqft
Floor
7th of 19
Parking
P1-75
Developer
Business Tower Investment
Completed
2018
Last sold
AED 840K · September 2024

About 711A, Majestine Allure

711A 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. It last sold on 11 September 2024 for AED 840,000, or AED 1,822 per sqft, 5% above the AED 1,737 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 20 March 2025, is AED 70,000 a year: a gross yield of 8.3% on the 2024 price.

Sales and rents for 711A over time

Sales
Unit 711A, 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, August 2015: AED 1,048,800 (AED 2,276 per sqft)Sold, September 2024: AED 840,000 (AED 1,822 per sqft)

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

Rents
Unit 711A, each contractTypical studio in Majestine Allure
40K60K20192021202320252027Typical 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, March 2021: AED 40,000 a yearNew contract, August 2022: AED 45,000 a yearNew contract, September 2023: AED 58,000 a yearNew contract, March 2025: AED 70,000 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 711A sits

All 283 studios →

711A last sold in September 2024 at AED 1,822 per sqft, 5% above what studios in Majestine Allure were fetching at the time (AED 1,737). 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. 711A's AED 70,000 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

711A, Majestine Allure in numbers

  • Sold twice: first on 17 August 2015 for AED 1,048,800, last on 11 September 2024 for AED 840,000 (AED 1,822 per sqft).
  • Rented since March 2021 on 4 Ejari contracts, from AED 40,000 to AED 70,000 a year.
  • At AED 70,000 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 20 March 2025.

Questions about 711A, Majestine Allure

What did unit 711A last sell for?

AED 840,000 on 11 September 2024: AED 1,822 per sqft for 461 sqft. The unit has 2 registered sales; the first was AED 1,048,800 in August 2015.

What is the rent for unit 711A?

AED 70,000 a year on the contract signed on 20 March 2025. The previous contract, from September 2023, was AED 58,000; the unit has been rented since March 2021.

How big is unit 711A?

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

What is unit 711A 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 711A? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 711A, Majestine Allure

Starts from the last sale price (AED 840K, 11 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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