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

718, Majestine Allure

Sold prices and rental history: sold twice, last in January 2026, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 718 · DLD and Ejari recordsUpdated 4 September 2026
Last soldAED 830K29 January 2026
Current rentAED 52K /yr4 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 718, Majestine Allure

What is 718 worth today?

Last sold for AED 830,000 in 2026

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4 Sep 2026RentedNew contract
AED 52,000/yr12 months · AED 110 per sqft
29 Jan 2026SoldReady
AED 830,000AED 1,733 per sqft
26 Aug 2025RentedRenewal
AED 59,944/yr10 months · AED 125 per sqft
26 Aug 2024RentedNew contract
AED 60,000/yr12 months · AED 125 per sqft
20 Jul 2023RentedRenewal
AED 48,070/yr12 months · AED 100 per sqft
20 Jul 2022RentedRenewal
AED 43,700/yr12 months · AED 91 per sqft
20 Jul 2021RentedNew contract
AED 38,000/yr12 months · AED 79 per sqft
16 May 2020RentedRenewal
AED 45,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 4 September 2026.

Key facts

Type
Studio apartment
Size
479 sqft
Floor
7th of 19
Parking
P1-84
Developer
Business Tower Investment
Completed
2018
Last sold
AED 830K · January 2026

About 718, Majestine Allure

718 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 29 January 2026 for AED 830,000, or AED 1,733 per sqft, in line with the AED 1,728 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 4 September 2026, is AED 52,000 a year: a gross yield of 6.3% on the 2026 price.

Sales and rents for 718 over time

Sales
Unit 718, 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 1,002,250 (AED 2,093 per sqft)Sold, January 2026: AED 830,000 (AED 1,733 per sqft)

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

Rents
Unit 718, each contractTypical studio in Majestine Allure
40K60K201920222025Typical 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, May 2019: AED 50,000 a yearRenewal, May 2020: AED 45,000 a yearNew contract, July 2021: AED 38,000 a yearRenewal, July 2022: AED 43,700 a yearRenewal, July 2023: AED 48,070 a yearNew contract, August 2024: AED 60,000 a yearRenewal, August 2025: AED 59,944 a yearNew contract, September 2026: 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 718 sits

All 283 studios →

718 last sold in January 2026 at AED 1,733 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 1,728). 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. 718's AED 52,000 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

718, Majestine Allure in numbers

  • Sold twice: first on 9 December 2014 for AED 1,002,250, last on 29 January 2026 for AED 830,000 (AED 1,733 per sqft).
  • Rented since May 2019 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 38,000 in 2021 and recovered to AED 52,000 by September 2026.
  • At AED 52,000 a year the gross yield on the 2026 price is 6.3%.
  • 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 4 September 2026.

Questions about 718, Majestine Allure

What did unit 718 last sell for?

AED 830,000 on 29 January 2026: AED 1,733 per sqft for 479 sqft. The unit has 2 registered sales; the first was AED 1,002,250 in December 2014.

What is the rent for unit 718?

AED 52,000 a year on the contract signed on 4 September 2026. The previous contract, from August 2025, was AED 59,944; the unit has been rented since May 2019.

How big is unit 718?

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

What is unit 718 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 718, Majestine Allure

Starts from the last sale price (AED 830K, 29 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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