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

718A, Majestine Allure

Sold prices and rental history: sold twice, last in October 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 718A · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 810K21 October 2024
Current rentAED 60K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 718A, Majestine Allure

What is 718A worth today?

Last sold for AED 810,000 in 2024

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1 Sep 2025RentedRenewal
AED 60,000/yr12 months · AED 125 per sqft
21 Oct 2024SoldReady
AED 810,000AED 1,689 per sqft
1 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 125 per sqft
1 Dec 2021RentedNew contract
AED 52,000/yr12 months · AED 107 per sqft
4 Feb 2015Sold by developerOff-plan
AED 1,002,250AED 2,090 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
Studio apartment
Size
479 sqft
Floor
7th of 19
Parking
P1-88
Developer
Business Tower Investment
Completed
2018
Last sold
AED 810K · October 2024
Building
Majestine Allure

About 718A, Majestine Allure

718A 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 21 October 2024 for AED 810,000, or AED 1,689 per sqft, in line with the AED 1,736 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 60,000 a year: a gross yield of 7.4% on the 2024 price.

Sales and rents for 718A over time

Sales
Unit 718A, 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 2015: AED 1,002,250 (AED 2,090 per sqft)Sold, October 2024: AED 810,000 (AED 1,689 per sqft)

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

Rents
Unit 718A, 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, December 2021: AED 52,000 a yearNew contract, September 2024: AED 60,000 a yearRenewal, September 2025: AED 60,000 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 718A sits

All 283 studios →

718A last sold in October 2024 at AED 1,689 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 1,736). 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. 718A's AED 60,000 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

718A, Majestine Allure in numbers

  • Sold twice: first on 4 February 2015 for AED 1,002,250, last on 21 October 2024 for AED 810,000 (AED 1,689 per sqft).
  • Rented since December 2021 on 3 Ejari contracts, from AED 52,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 7.4%.
  • 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 1 September 2025.

Questions about 718A, Majestine Allure

What did unit 718A last sell for?

AED 810,000 on 21 October 2024: AED 1,689 per sqft for 479 sqft. The unit has 2 registered sales; the first was AED 1,002,250 in February 2015.

What is the rent for unit 718A?

AED 60,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 60,000; the unit has been rented since December 2021.

How big is unit 718A?

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

What is unit 718A 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 718A, Majestine Allure

Starts from the last sale price (AED 810K, 21 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 810,000
Deposit, UAE resident (20%)
AED 162,000
Deposit, non-resident (40%)
AED 324,000
Monthly over 25 years at 3.7%
AED 3,314

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