Studio · 456 sqftMajestine Allure, Business Bay · 8th floor · completed 2018

813B, Majestine Allure

Sold prices and rental history: sold once, by the developer in September 2015, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 813B · DLD and Ejari recordsUpdated 5 October 2024
Last soldAED 1.01M29 September 2015
Current rentAED 60K /yr5 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 813B, Majestine Allure

What is 813B worth today?

Last sold for AED 1,008,900 in 2015

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5 Oct 2024RentedRenewal
AED 60,000/yr12 months · AED 132 per sqft
5 Oct 2023RentedNew contract
AED 60,000/yr12 months · AED 132 per sqft
5 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 133 per sqft
29 Sep 2015Sold by developerOff-plan
AED 1,008,900AED 2,214 per sqft

Source: Dubai Land Department. Updated 5 October 2024.

Key facts

Type
Studio hotel apartment
Size
456 sqft
Floor
8th of 19
Parking
P1-122
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.01M · September 2015

About 813B, Majestine Allure

813B is a studio of 456 sqft on the 8th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 29 September 2015 for AED 1,008,900, or AED 2,214 per sqft, in line with the AED 2,163 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 5 October 2024, is AED 60,000 a year: a gross yield of 5.9% on the 2015 price.

Sales and rents for 813B over time

Sales
Unit 813B, 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, September 2015: AED 1,008,900 (AED 2,214 per sqft)

813B has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 813B, 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, October 2022: AED 60,000 a yearNew contract, October 2023: AED 60,000 a yearRenewal, October 2024: 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 813B sits

All 283 studios →

813B last sold in September 2015 at AED 2,214 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,163). 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. 813B'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 8th floor

All 497 units in Majestine Allure
Value
801StudioAED 640K · Sep 2022
802StudioAED 690K · Nov 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
1–7 of 32

813B, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 29 September 2015 for AED 1,008,900, or AED 2,214 per sqft.
  • Rented since October 2022 on 3 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 5.9%.
  • 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 5 October 2024.

Questions about 813B, Majestine Allure

What did unit 813B last sell for?

AED 1,008,900 on 29 September 2015, sold by the developer: AED 2,214 per sqft for 456 sqft. It is the only registered sale of the unit.

What is the rent for unit 813B?

AED 60,000 a year on the contract renewed on 5 October 2024. The previous contract, from October 2023, was AED 60,000; the unit has been rented since October 2022.

How big is unit 813B?

456 sqft (42.4 sqm): a studio on the 8th floor of a 19-storey tower completed in 2018.

What is unit 813B 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 813B, Majestine Allure

Starts from the last sale price (AED 1.01M, 29 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,008,900
Deposit, UAE resident (20%)
AED 201,780
Deposit, non-resident (40%)
AED 403,560
Monthly over 25 years at 3.7%
AED 4,128

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