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

719, Majestine Allure

Sold prices and rental history: sold once, by the developer in December 2014, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 719 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 1M3 December 2014
Current rentAED 84K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 719, Majestine Allure

What is 719 worth today?

Last sold for AED 1,002,250 in 2014

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1 Feb 2024RentedNew contract
AED 84,000/yr12 months · AED 175 per sqft
15 Jan 2023RentedNew contract
AED 90,000/yr12 months · AED 186 per sqft
3 Dec 2014Sold by developerOff-plan
AED 1,002,250AED 2,090 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
Studio hotel apartment
Size
479 sqft
Floor
7th of 19
Parking
P1-89
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1M · December 2014
Building
Majestine Allure

About 719, Majestine Allure

719 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. The developer sold it on 3 December 2014 for AED 1,002,250, or AED 2,090 per sqft, in line with the AED 2,139 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 February 2024, is AED 84,000 a year: a gross yield of 8.4% on the 2014 price.

Sales and rents for 719 over time

Sales
Unit 719, 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 2,090 per sqft)

719 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 719, each contractTypical studio in Majestine Allure
50K75K20192021202320252027Typical 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, January 2023: AED 90,000 a yearNew contract, February 2024: AED 84,000 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 719 sits

All 283 studios →

719 last sold in December 2014 at AED 2,090 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,139). 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. 719's AED 84,000 is in the upper 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

719, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 3 December 2014 for AED 1,002,250, or AED 2,090 per sqft.
  • Rented since January 2023 on 2 Ejari contracts, from AED 90,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2014 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 1 February 2024.

Questions about 719, Majestine Allure

What did unit 719 last sell for?

AED 1,002,250 on 3 December 2014, sold by the developer: AED 2,090 per sqft for 479 sqft. It is the only registered sale of the unit.

What is the rent for unit 719?

AED 84,000 a year on the contract signed on 1 February 2024. The previous contract, from January 2023, was AED 90,000.

How big is unit 719?

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

What is unit 719 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 719, Majestine Allure

Starts from the last sale price (AED 1M, 3 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,002,250
Deposit, UAE resident (20%)
AED 200,450
Deposit, non-resident (40%)
AED 400,900
Monthly over 25 years at 3.7%
AED 4,101

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