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Studio · 430 sqftMajestine Allure, Business Bay · 7th floor · completed 2018

716, Majestine Allure

Sold prices and rental history: sold 3 times, last in August 2026, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 20 August 2026
Last soldAED 740K20 August 2026
Current rentAED 52K /yr28 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 716, Majestine Allure

What is 716 worth today?

Last sold for AED 740,000 in 2026

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20 Aug 2026SoldReady
AED 740,000AED 1,721 per sqft
28 Apr 2022RentedNew contract
AED 52,000/yr12 months · AED 121 per sqft
1 Apr 2020RentedRenewal
AED 50,000/yr12 months · AED 116 per sqft
7 Feb 2016SoldOff-plan
AED 916,750AED 2,132 per sqft
3 Dec 2014Sold by developerOff-plan
AED 916,750AED 2,132 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type
Studio apartment
Size
430 sqft
Floor
7th of 19
Parking
P1-82
Developer
Business Tower Investment
Completed
2018
Last sold
AED 740K · August 2026
Building
Majestine Allure

About 716, Majestine Allure

716 is a studio of 430 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 20 August 2026 for AED 740,000, or AED 1,721 per sqft, in line with the AED 1,715 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 28 April 2022, is AED 52,000 a year: a gross yield of 7.0% on the 2026 price.

Sales and rents for 716 over time

Sales
Unit 716, 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, December 2014: AED 916,750 (AED 2,132 per sqft)Sold, February 2016: AED 916,750 (AED 2,132 per sqft)Sold, August 2026: AED 740,000 (AED 1,721 per sqft)

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

Rents
Unit 716, 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 57,000Renewal, April 2020: AED 50,000 a yearNew contract, April 2022: AED 52,000 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 716 sits

All 283 studios →

716 last sold in August 2026 at AED 1,721 per sqft, in line with 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. 716's AED 52,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Sep 2026740,000
25 Jun 2026750,000
9 Jun 2026830,000
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

716, Majestine Allure in numbers

  • Sold 3 times: first on 3 December 2014 for AED 916,750, last on 20 August 2026 for AED 740,000 (AED 1,721 per sqft).
  • Rented since April 2020 on 2 Ejari contracts, from AED 50,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2026 price is 7.0%.
  • 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 August 2026.

Questions about 716, Majestine Allure

What did unit 716 last sell for?

AED 740,000 on 20 August 2026: AED 1,721 per sqft for 430 sqft. The unit has 3 registered sales; the first was AED 916,750 in December 2014.

What is the rent for unit 716?

AED 52,000 a year on the contract signed on 28 April 2022. The previous contract, from April 2020, was AED 50,000.

How big is unit 716?

430 sqft (39.9 sqm): a studio on the 7th floor of a 19-storey tower completed in 2018.

What is unit 716 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 716, Majestine Allure

Starts from the last sale price (AED 740K, 20 August 2026). Switch to today's estimate once you have unlocked it.
Price
AED 740,000
Deposit, UAE resident (20%)
AED 148,000
Deposit, non-resident (40%)
AED 296,000
Monthly over 25 years at 3.7%
AED 3,028

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