Studio · 497 sqftMajestine Allure, Business Bay · 9th floor · completed 2018

901A, Majestine Allure

Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901A · DLD and Ejari recordsUpdated 3 March 2024
Last soldAED 1.04M11 January 2016
Current rentAED 55K /yr3 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901A, Majestine Allure

What is 901A worth today?

Last sold for AED 1,037,400 in 2016

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3 Mar 2024RentedRenewal
AED 55,000/yr12 months · AED 111 per sqft
3 Mar 2023RentedRenewal
AED 51,500/yr12 months · AED 104 per sqft
3 Mar 2022RentedRenewal
AED 47,000/yr12 months · AED 95 per sqft
3 Mar 2021RentedRenewal
AED 43,000/yr12 months · AED 87 per sqft
3 Mar 2020RentedRenewal
AED 50,000/yr12 months · AED 101 per sqft
3 Mar 2019RentedNew contract
AED 55,000/yr12 months · AED 111 per sqft
11 Jan 2016Sold by developerOff-plan
AED 1,037,400AED 2,088 per sqft

Source: Dubai Land Department. Updated 3 March 2024.

Key facts

Type
Studio apartment
Size
497 sqft
Floor
9th of 19
Parking
P1-133
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.04M · January 2016

About 901A, Majestine Allure

901A is a studio of 497 sqft on the 9th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 11 January 2016 for AED 1,037,400, or AED 2,088 per sqft, 4% below the AED 2,170 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 3 March 2024, is AED 55,000 a year: a gross yield of 5.3% on the 2016 price.

Sales and rents for 901A over time

Sales
Unit 901A, 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, January 2016: AED 1,037,400 (AED 2,088 per sqft)

901A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 901A, 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, March 2019: AED 55,000 a yearRenewal, March 2020: AED 50,000 a yearRenewal, March 2021: AED 43,000 a yearRenewal, March 2022: AED 47,000 a yearRenewal, March 2023: AED 51,500 a yearRenewal, March 2024: 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 901A sits

All 283 studios →

901A last sold in January 2016 at AED 2,088 per sqft, 4% below what studios in Majestine Allure were fetching at the time (AED 2,170). 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. 901A'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 9th floor

All 497 units in Majestine Allure
Value
901StudioAED 1.18M · Dec 2014
902StudioAED 951K · Oct 2015
903StudioAED 1.02M · Jun 2015
904StudioAED 1.11M · Jul 2025
905StudioAED 1.07M · Jul 2017
906StudioAED 1.03M · May 2017
9071-bedAED 1.98M · Mar 2015
1–7 of 34

901A, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 11 January 2016 for AED 1,037,400, or AED 2,088 per sqft.
  • Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 43,000 in 2021 and recovered to AED 55,000 by March 2024.
  • At AED 55,000 a year the gross yield on the 2016 price is 5.3%.
  • 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 3 March 2024.

Questions about 901A, Majestine Allure

What did unit 901A last sell for?

AED 1,037,400 on 11 January 2016, sold by the developer: AED 2,088 per sqft for 497 sqft. It is the only registered sale of the unit.

What is the rent for unit 901A?

AED 55,000 a year on the contract renewed on 3 March 2024. The previous contract, from March 2023, was AED 51,500; the unit has been rented since March 2019.

How big is unit 901A?

497 sqft (46.2 sqm): a studio on the 9th floor of a 19-storey tower completed in 2018.

What is unit 901A 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 901A, Majestine Allure

Starts from the last sale price (AED 1.04M, 11 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,037,400
Deposit, UAE resident (20%)
AED 207,480
Deposit, non-resident (40%)
AED 414,960
Monthly over 25 years at 3.7%
AED 4,244

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