Studio · 479 sqftMajestine Allure, Business Bay · 7th floor · completed 2018

716A, Majestine Allure

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

Unit 716A · DLD and Ejari recordsUpdated 6 April 2026
Last soldAED 695K6 April 2026
Current rentAED 55K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 716A, Majestine Allure

What is 716A worth today?

Last sold for AED 695,000 in 2026

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6 Apr 2026SoldReady
AED 695,000AED 1,449 per sqft
1 Aug 2025RentedNew contract
AED 55,000/yr12 months · AED 114 per sqft
22 Jul 2024RentedRenewal
AED 60,000/yr12 months · AED 125 per sqft
22 Jul 2023RentedNew contract
AED 60,000/yr12 months · AED 125 per sqft
20 May 2022RentedNew contract
AED 55,000/yr12 months · AED 114 per sqft
20 Sep 2020RentedNew contract
AED 50,000/yr12 months · AED 104 per sqft
29 Jan 2019Sold by developerReady
AED 942,000AED 1,964 per sqft

Source: Dubai Land Department. Updated 6 April 2026.

Key facts

Type
Studio apartment
Size
479 sqft
Floor
7th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 695K · April 2026

About 716A, Majestine Allure

716A is a studio of 479 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 6 April 2026 for AED 695,000, or AED 1,449 per sqft, 16% below the AED 1,733 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 August 2025, is AED 55,000 a year: a gross yield of 7.9% on the 2026 price.

Sales and rents for 716A over time

Sales
Unit 716A, 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, January 2019: AED 942,000 (AED 1,964 per sqft)Sold, April 2026: AED 695,000 (AED 1,449 per sqft)

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

Rents
Unit 716A, 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, September 2020: AED 50,000 a yearNew contract, May 2022: AED 55,000 a yearNew contract, July 2023: AED 60,000 a yearRenewal, July 2024: AED 60,000 a yearNew contract, August 2025: AED 55,000 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 716A sits

All 283 studios →

716A last sold in April 2026 at AED 1,449 per sqft, 16% below what studios in Majestine Allure were fetching at the time (AED 1,733). 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. 716A's AED 55,000 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

716A, Majestine Allure in numbers

  • Sold twice: first on 29 January 2019 for AED 942,000, last on 6 April 2026 for AED 695,000 (AED 1,449 per sqft).
  • Rented since September 2020 on 5 Ejari contracts, from AED 50,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2026 price is 7.9%.
  • 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 6 April 2026.

Questions about 716A, Majestine Allure

What did unit 716A last sell for?

AED 695,000 on 6 April 2026: AED 1,449 per sqft for 479 sqft. The unit has 2 registered sales; the first was AED 942,000 in January 2019.

What is the rent for unit 716A?

AED 55,000 a year on the contract signed on 1 August 2025. The previous contract, from July 2024, was AED 60,000; the unit has been rented since September 2020.

How big is unit 716A?

479 sqft (44.5 sqm): a studio on the 7th floor of a 19-storey tower completed in 2018.

What is unit 716A 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 716A, Majestine Allure

Starts from the last sale price (AED 695K, 6 April 2026). Switch to today's estimate once you have unlocked it.
Price
AED 695,000
Deposit, UAE resident (20%)
AED 139,000
Deposit, non-resident (40%)
AED 278,000
Monthly over 25 years at 3.7%
AED 2,843

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