Studio · 447 sqftMajestine Allure, Business Bay · 7th floor · completed 2018

713, Majestine Allure

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 713 · DLD and Ejari recordsUpdated 17 December 2025
Last soldAED 770K9 August 2023
Current rentAED 65K /yr17 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 713, Majestine Allure

What is 713 worth today?

Last sold for AED 770,000 in 2023

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17 Dec 2025RentedNew contract
AED 65,000/yr12 months · AED 144 per sqft
2 Dec 2024RentedNew contract
AED 64,000/yr12 months · AED 143 per sqft
20 Nov 2023RentedNew contract
AED 64,000/yr12 months · AED 143 per sqft
9 Aug 2023SoldReady
AED 770,000AED 1,722 per sqft
15 Oct 2022RentedNew contract
AED 53,000/yr12 months · AED 119 per sqft
10 Feb 2022RentedNew contract
AED 62,000/yr12 months · AED 139 per sqft
1 Feb 2022Sold by developerReady
AED 700,000AED 1,565 per sqft

Source: Dubai Land Department. Updated 17 December 2025.

Key facts

Type
Studio apartment
Size
447 sqft
Floor
7th of 19
Parking
P1-78
Developer
Business Tower Investment
Completed
2018
Last sold
AED 770K · August 2023

About 713, Majestine Allure

713 is a studio of 447 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 August 2023 for AED 770,000, or AED 1,722 per sqft, 7% above the AED 1,608 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 17 December 2025, is AED 65,000 a year: a gross yield of 8.4% on the 2023 price.

Sales and rents for 713 over time

Sales
Unit 713, 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 2022: AED 700,000 (AED 1,565 per sqft)Sold, August 2023: AED 770,000 (AED 1,722 per sqft)

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

Rents
Unit 713, 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, February 2022: AED 62,000 a yearNew contract, October 2022: AED 53,000 a yearNew contract, November 2023: AED 64,000 a yearNew contract, December 2024: AED 64,000 a yearNew contract, December 2025: AED 65,000 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 713 sits

All 283 studios →

713 last sold in August 2023 at AED 1,722 per sqft, 7% above what studios in Majestine Allure were fetching at the time (AED 1,608). 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. 713's AED 65,000 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
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

713, Majestine Allure in numbers

  • Sold twice: first on 1 February 2022 for AED 700,000, last on 9 August 2023 for AED 770,000 (AED 1,722 per sqft).
  • Rented since February 2022 on 5 Ejari contracts. The rent fell from AED 62,000 to AED 53,000 in 2022 and recovered to AED 65,000 by December 2025.
  • At AED 65,000 a year the gross yield on the 2023 price is 8.4%.
  • 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 17 December 2025.

Questions about 713, Majestine Allure

What did unit 713 last sell for?

AED 770,000 on 9 August 2023: AED 1,722 per sqft for 447 sqft. The unit has 2 registered sales; the first was AED 700,000 in February 2022.

What is the rent for unit 713?

AED 65,000 a year on the contract signed on 17 December 2025. The previous contract, from December 2024, was AED 64,000; the unit has been rented since February 2022.

How big is unit 713?

447 sqft (41.5 sqm): a studio on the 7th floor of a 19-storey tower completed in 2018.

What is unit 713 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 713, Majestine Allure

Starts from the last sale price (AED 770K, 9 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 770,000
Deposit, UAE resident (20%)
AED 154,000
Deposit, non-resident (40%)
AED 308,000
Monthly over 25 years at 3.7%
AED 3,150

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