712, Majestine Allure
Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 712, Majestine Allure
What is 712 worth today?
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Source: Dubai Land Department. Updated 30 September 2026.
Key facts
- Type
- Studio hotel apartment
- Size
- 475 sqft
- Floor
- 7th of 19
- Parking
- P1-76
- Developer
- Business Tower Investment
- Completed
- 2018
- Last sold
- AED 1.04M · January 2015
- Building
- Majestine Allure
About 712, Majestine Allure
712 is a studio of 475 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 19 January 2015 for AED 1,037,400, or AED 2,182 per sqft, in line with the AED 2,149 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 30 September 2026, is AED 55,000 a year: a gross yield of 5.3% on the 2015 price.
Sales and rents for 712 over time
712 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 712 sits
All 283 studios →712 last sold in January 2015 at AED 2,182 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,149). 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. 712's AED 55,000 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 | |||||
|---|---|---|---|---|---|
| 701 | Studio | 499 sqft | AED 1.09MAED 1,092,500 · Jul 2015July 2015 | 52,000 /yr | |
| 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 | |
| 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 |
712, Majestine Allure in numbers
- Sold once: by Business Tower Investment on 19 January 2015 for AED 1,037,400, or AED 2,182 per sqft.
- Rented since July 2022 on 5 Ejari contracts, from AED 54,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2015 price is 5.3%.
- 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 30 September 2026.
Questions about 712, Majestine Allure
What did unit 712 last sell for?
AED 1,037,400 on 19 January 2015, sold by the developer: AED 2,182 per sqft for 475 sqft. It is the only registered sale of the unit.
What is the rent for unit 712?
AED 55,000 a year on the contract signed on 30 September 2026. The previous contract, from April 2025, was AED 71,000; the unit has been rented since July 2022.
How big is unit 712?
475 sqft (44.1 sqm): a studio on the 7th floor of a 19-storey tower completed in 2018.
What is unit 712 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 712, Majestine Allure
Starts from the last sale price (AED 1.04M, 19 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,037,400
- Deposit, UAE resident (20%)
- AED 207,480
- Deposit, non-resident (40%)
- AED 414,960
- Monthly over 25 years at 3.7%
- AED 4,244
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →