Studio · 474 sqftMajestine Allure, Business Bay · 8th floor · completed 2018

802, Majestine Allure

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 690K30 November 2022
Current rentAED 55K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Majestine Allure

What is 802 worth today?

Last sold for AED 690,000 in 2022

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1 Jul 2026RentedNew contract
AED 55,000/yr12 months · AED 116 per sqft
1 Jul 2026RentedNew contract
AED 55,000/yr12 months · AED 115 per sqft
17 Apr 2025RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft
17 Apr 2025RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft
30 Nov 2022SoldReady
AED 690,000AED 1,454 per sqft
1 Oct 2022RentedRenewal
AED 50,000/yr12 months · AED 105 per sqft
1 Oct 2021RentedRenewal
AED 46,800/yr12 months · AED 99 per sqft
1 Oct 2020RentedNew contract
AED 46,800/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio hotel apartment
Size
474 sqft
Floor
8th of 19
Parking
P1-105
Developer
Business Tower Investment
Completed
2018
Last sold
AED 690K · November 2022

About 802, Majestine Allure

802 is a studio of 474 sqft on the 8th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 30 November 2022 for AED 690,000, or AED 1,454 per sqft, 8% above the AED 1,346 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 1 July 2026, is AED 55,000 a year: a gross yield of 8.0% on the 2022 price.

Sales and rents for 802 over time

Sales
Unit 802, 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 1,012,700 (AED 2,135 per sqft)Sold, November 2022: AED 690,000 (AED 1,454 per sqft)

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

Rents
Unit 802, 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, March 2019: AED 60,000 a yearNew contract, October 2020: AED 46,800 a yearRenewal, October 2021: AED 46,800 a yearRenewal, October 2022: AED 50,000 a yearNew contract, April 2025: AED 65,000 a yearNew contract, April 2025: AED 65,000 a yearNew contract, July 2026: AED 55,000 a yearNew contract, July 2026: 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 802 sits

All 283 studios →

802 last sold in November 2022 at AED 1,454 per sqft, 8% above what studios in Majestine Allure were fetching at the time (AED 1,346). 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. 802'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 8th floor

All 497 units in Majestine Allure
Value
801StudioAED 640K · Sep 2022
803StudioAED 765K · Mar 2023
8042-bedAED 2.96M · Aug 2023
805StudioAED 740K · Nov 2025
806StudioAED 820K · Dec 2023
8071-bedAED 1.77M · Aug 2014
8081-bedAED 1.35M · Sep 2025
1–7 of 32

802, Majestine Allure in numbers

  • Sold twice: first on 3 December 2014 for AED 1,012,700, last on 30 November 2022 for AED 690,000 (AED 1,454 per sqft).
  • Rented since March 2019 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 46,800 in 2021 and recovered to AED 55,000 by July 2026.
  • At AED 55,000 a year the gross yield on the 2022 price is 8.0%.
  • 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 1 July 2026.

Questions about 802, Majestine Allure

What did unit 802 last sell for?

AED 690,000 on 30 November 2022: AED 1,454 per sqft for 474 sqft. The unit has 2 registered sales; the first was AED 1,012,700 in December 2014.

What is the rent for unit 802?

AED 55,000 a year on the contract signed on 1 July 2026. The previous contract, from July 2026, was AED 55,000; the unit has been rented since March 2019.

How big is unit 802?

474 sqft (44.0 sqm): a studio on the 8th floor of a 19-storey tower completed in 2018.

What is unit 802 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 802, Majestine Allure

Starts from the last sale price (AED 690K, 30 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

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