Studio · 481 sqftMajestine Allure, Business Bay · 9th floor · completed 2018

917, Majestine Allure

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 917 · DLD and Ejari recordsUpdated 7 May 2025
Last soldAED 830K23 November 2023
Current rentAED 70K /yr7 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 917, Majestine Allure

What is 917 worth today?

Last sold for AED 830,000 in 2023

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7 May 2025RentedNew contract
AED 70,000/yr12 months · AED 146 per sqft
5 Jan 2024RentedNew contract
AED 75,000/yr12 months · AED 156 per sqft
23 Nov 2023SoldReady
AED 830,000AED 1,726 per sqft
1 Nov 2022RentedRenewal
AED 43,700/yr12 months · AED 90 per sqft
1 Nov 2021RentedNew contract
AED 38,000/yr12 months · AED 78 per sqft
1 May 2019RentedNew contract
AED 53,000/yr12 months · AED 109 per sqft
9 Jun 2015Sold by developerOff-plan
AED 1,007,950AED 2,097 per sqft

Source: Dubai Land Department. Updated 7 May 2025.

Key facts

Type
Studio apartment
Size
481 sqft
Floor
9th of 19
Parking
P2-17
Developer
Business Tower Investment
Completed
2018
Last sold
AED 830K · November 2023

About 917, Majestine Allure

917 is a studio of 481 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 23 November 2023 for AED 830,000, or AED 1,726 per sqft, 9% above the AED 1,589 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 7 May 2025, is AED 70,000 a year: a gross yield of 8.4% on the 2023 price.

Sales and rents for 917 over time

Sales
Unit 917, 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, June 2015: AED 1,007,950 (AED 2,097 per sqft)Sold, November 2023: AED 830,000 (AED 1,726 per sqft)

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

Rents
Unit 917, each contractTypical studio in Majestine Allure
40K60K80K20192021202320252027Typical 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, May 2019: AED 53,000 a yearNew contract, November 2021: AED 38,000 a yearRenewal, November 2022: AED 43,700 a yearNew contract, January 2024: AED 75,000 a yearNew contract, May 2025: AED 70,000 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 917 sits

All 283 studios →

917 last sold in November 2023 at AED 1,726 per sqft, 9% above what studios in Majestine Allure were fetching at the time (AED 1,589). 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. 917's AED 70,000 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 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

917, Majestine Allure in numbers

  • Sold twice: first on 9 June 2015 for AED 1,007,950, last on 23 November 2023 for AED 830,000 (AED 1,726 per sqft).
  • Rented since May 2019 on 5 Ejari contracts. The rent fell from AED 53,000 to AED 38,000 in 2021 and recovered to AED 70,000 by May 2025.
  • At AED 70,000 a year the gross yield on the 2023 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 7 May 2025.

Questions about 917, Majestine Allure

What did unit 917 last sell for?

AED 830,000 on 23 November 2023: AED 1,726 per sqft for 481 sqft. The unit has 2 registered sales; the first was AED 1,007,950 in June 2015.

What is the rent for unit 917?

AED 70,000 a year on the contract signed on 7 May 2025. The previous contract, from January 2024, was AED 75,000; the unit has been rented since May 2019.

How big is unit 917?

481 sqft (44.7 sqm): a studio on the 9th floor of a 19-storey tower completed in 2018.

What is unit 917 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 917, Majestine Allure

Starts from the last sale price (AED 830K, 23 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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