Studio · 475 sqftMajestine Allure, Business Bay · 9th floor · completed 2018

912, Majestine Allure

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold twice, last in March 2018, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 912 · DLD and Ejari recordsUpdated 1 May 2020

Last soldAED 610K29 March 2018

Current rentAED 65K /yr1 May 2020

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 912, Majestine Allure

Today

What is 912 worth today?

Last sold for AED 610,000 in 2018

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1 May 2020

1 May 2020RentedRenewal

AED 65,000/yr12 months · AED 137 per sqft

1 May 2019

1 May 2019RentedNew contract

AED 65,000/yr12 months · AED 137 per sqft

29 Mar 2018

29 Mar 2018SoldOff-plan

AED 610,000AED 1,283 per sqft

14 Jun 2015

14 Jun 2015Sold by developerOff-plan

AED 1,046,900AED 2,203 per sqft

Source: Dubai Land Department. Updated 1 May 2020.

Key facts

Type: Studio apartment
Size: 475 sqft
Floor: 9th of 19
Parking: P2-10
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 610K · March 2018
Building: Majestine Allure

About 912, Majestine Allure

912 is a studio of 475 sqft on the 9th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 29 March 2018 for AED 610,000, or AED 1,283 per sqft, 41% below the AED 2,173 studios in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 1 May 2020, is AED 65,000 a year: a gross yield of 10.7% on the 2018 price.

Sales and rents for 912 over time

Sales

Unit 912, each saleTypical studio in Majestine Allure

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

Rents

Unit 912, each contractTypical studio in Majestine Allure

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 912 sits

All 283 studios →

Studios in Majestine Allure · last 12 months1,718 /sqft Majestine Allure · all types1,539 /sqft

912 last sold in March 2018 at AED 1,283 per sqft, 41% below what studios in Majestine Allure were fetching at the time (AED 2,173). 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. 912's AED 65,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
15 Sep 202615 September 2026	475 sqft	740,000	1,557
20 Aug 202620 August 2026	430 sqft	740,000	1,721
25 Jun 202625 June 2026	493 sqft	750,000	1,521
9 Jun 20269 June 2026	617 sqft	830,000	1,346

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


901	Studio	499 sqft	AED 1.18MAED 1,176,000 · Dec 2014December 2014	60,000 /yr
902	Studio	474 sqft	AED 951KAED 951,390 · Oct 2015October 2015	65,000 /yr
903	Studio	459 sqft	AED 1.02MAED 1,022,072 · Jun 2015June 2015	62,000 /yr
904	Studio	572 sqft	AED 1.11MAED 1,111,000 · Jul 2025July 2025	60,000 /yr
905	Studio	489 sqft	AED 1.07MAED 1,070,000 · Jul 2017July 2017	57,600 /yr
906	Studio	472 sqft	AED 1.03MAED 1,030,000 · May 2017May 2017	70,000 /yr
907	1-bed	978 sqft	AED 1.98MAED 1,978,850 · Mar 2015March 2015	100,000 /yr
908	1-bed	890 sqft	AED 1.56MAED 1,562,000 · Oct 2020October 2020
909	Studio	612 sqft	AED 1.1MAED 1,102,500 · Mar 2023March 2023	70,080 /yr
910	2-bed	1,247 sqft	AED 2.45MAED 2,449,100 · Dec 2014December 2014
911	Studio	461 sqft	AED 1MAED 1,000,078 · Oct 2015October 2015	65,000 /yr
913	Studio	447 sqft	AED 876KAED 876,000 · Jan 2018January 2018	65,000 /yr
914	2-bed	1,068 sqft	AED 1.3MAED 1,300,000 · Oct 2021October 2021
915	3-bed	1,420 sqft	AED 2.95MAED 2,945,950 · Sep 2015September 2015	160,000 /yr
916	Studio	430 sqft	AED 922KAED 921,500 · Dec 2014December 2014	53,000 /yr
917	Studio	481 sqft	AED 830KAED 830,000 · Nov 2023November 2023	70,000 /yr
918	Studio	479 sqft	AED 923KAED 923,160 · Nov 2018November 2018	53,000 /yr
919	Studio	479 sqft	AED 750KAED 750,000 · Aug 2025August 2025	55,000 /yr
920	1-bed	891 sqft	AED 1.52MAED 1,517,000 · Dec 2017December 2017	105,000 /yr
901A	Studio	497 sqft	AED 1.04MAED 1,037,400 · Jan 2016January 2016	55,000 /yr
902A	1-bed	853 sqft	AED 1.25MAED 1,250,000 · Jan 2025January 2025	80,000 /yr
903A	Studio	453 sqft	AED 730KAED 730,000 · Apr 2023April 2023	50,000 /yr
903B	1-bed	820 sqft	AED 1.59MAED 1,593,150 · Jul 2016July 2016	95,000 /yr
904A	1-bed	1,034 sqft	AED 1.83MAED 1,830,000 · Nov 2019November 2019	84,000 /yr
905A	1-bed	1,000 sqft	AED 1.76MAED 1,756,000 · Dec 2018December 2018	78,830 /yr
906A	1-bed	886 sqft	AED 1.45MAED 1,450,000 · Sep 2025September 2025	106,000 /yr
911A	Studio	461 sqft	AED 1.01MAED 1,007,000 · Aug 2015August 2015	65,000 /yr
912A	Studio	457 sqft	AED 1MAED 1,000,350 · Jul 2015July 2015	60,000 /yr
913A	1-bed	894 sqft	AED 1.35MAED 1,350,000 · Jan 2026January 2026	150,000 /yr
913B	Studio	456 sqft	AED 1.01MAED 1,013,650 · Oct 2015October 2015	55,000 /yr
916A	Studio	479 sqft	AED 1.01MAED 1,007,950 · Feb 2015February 2015	61,000 /yr
917A	Studio	478 sqft	AED 870KAED 870,000 · Sep 2024September 2024	46,000 /yr
918A	Studio	479 sqft	AED 1MAED 1,000,000 · Apr 2019April 2019	60,000 /yr
919A	Studio	468 sqft	AED 994KAED 993,700 · Aug 2015August 2015	65,000 /yr

1–7 of 34

912, Majestine Allure in numbers

Sold twice: first on 14 June 2015 for AED 1,046,900, last on 29 March 2018 for AED 610,000 (AED 1,283 per sqft).
Rented since May 2019 on 2 Ejari contracts, at AED 65,000 a year.
At AED 65,000 a year the gross yield on the 2018 price is 10.7%.
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 May 2020.

Questions about 912, Majestine Allure

What did unit 912 last sell for?

AED 610,000 on 29 March 2018: AED 1,283 per sqft for 475 sqft. The unit has 2 registered sales; the first was AED 1,046,900 in June 2015.

What is the rent for unit 912?

AED 65,000 a year on the contract renewed on 1 May 2020. The previous contract, from May 2019, was AED 65,000.

How big is unit 912?

475 sqft (44.1 sqm): a studio on the 9th floor of a 19-storey tower completed in 2018.

What is unit 912 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 912, Majestine Allure

Starts from the last sale price (AED 610K, 29 March 2018). Switch to today's estimate once you have unlocked it.

Price: AED 610,000
Deposit, UAE resident (20%): AED 122,000
Deposit, non-resident (40%): AED 244,000
Monthly over 25 years at 3.7%: AED 2,496

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