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BuildingBusiness Bay · Business Tower Investment · 2018

Majestine Allure

Studios to three-beds in Business Bay. 12 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 1 March 2026
Typical price per sqftAED 1,702Up 2.5% on the year
Typical saleAED 845K12 sales
Typical rentAED 93K /yrAED 123 per sqft
Typical yield7.2%gross, before service charges
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About Majestine Allure

Majestine Allure is a residential tower in Business Bay, close to the Dubai Water Canal and a short drive from Downtown Dubai. The building caters to an urban lifestyle with a serviced-apartment setup and hotel-style services, appealing to residents who want city convenience with on-site amenities. Homes here are fully furnished studios as well as 1‑, 2‑ and 3‑bedroom apartments arranged over multiple residential floors above a multi‑level podium. Typical interiors feature open-plan layouts, fitted kitchens and large windows, with many units oriented for canal, skyline or Burj Khalifa views. The project was completed in 2018 and offers freehold ownership. Day‑to‑day living is supported by a comprehensive amenity mix. Residents have access to a temperature‑controlled swimming pool, a well‑equipped gym, sauna and steam facilities, and a dedicated spa. Family‑focused features such as a kids’ club and children’s play areas are available, alongside 24‑hour reception, security and valet services. The podium includes on‑site dining and retail, landscaped areas and secure parking, with some ground‑floor space allocated to commercial outlets. The location places residents within minutes of Bay Square and Bay Avenue, with additional shopping, dining and entertainment options in Downtown Dubai and The Dubai Mall. The canal promenade offers a pleasant setting for walking and cycling. Commuting is straightforward via major arterial roads, with easy access to Sheikh Zayed Road and Al Khail Road, while the nearest Metro station in Business Bay is a short drive away and the district is served by public buses and taxis. Overall, Majestine Allure suits professionals and short‑to‑medium‑term residents seeking a ready, serviced home in the city’s central business and lifestyle corridor, with a strong emphasis on building amenities and proximity to key landmarks.

497 apartments over 19 floors: 273 studios of 125 to 921 sqft, 142 one-beds of 779 to 1,360 sqft, 43 two-beds of 1,003 to 1,609 sqft and 20 three-beds of 1,420 to 2,042 sqft.

12 apartments sold in the 12 months to March 2026, at a median of AED 1,702 per sqft, up 2.5% on the year before. Most of the trading is in studios: 8 of the 12 sales, at AED 740,000 to 930,000, which is why the typical sale sits below the price of its larger homes. 101 rental contracts were registered over the same 12 months, at a typical AED 93,000 a year.

Developer
Business Tower Investment
Completed
2018
Floors
19
Units
497
Unit types
Studio to 3-bed

Business Bay, Dubai

Average prices in Majestine Allure

In Majestine Allure, typical sale prices over the last 12 months were around AED 817,000 for studios, AED 1,330,000 for one-beds and AED 2,400,000 for three-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Majestine Allure

1,6001,800May 2026Nov 20262025-11-13: AED 1,465, 1-bed, 853 sqft2025-11-18: AED 1,689, 3-bed, 1,420 sqft2025-11-20: AED 1,494, 1-bed, 890 sqft2025-11-24: AED 1,513, Studio, 489 sqft2025-12-10: AED 1,564, Studio, 479 sqft2025-12-27: AED 1,789, Studio, 447 sqft2026-01-16: AED 1,510, 1-bed, 894 sqft2026-01-21: AED 1,956, Studio, 475 sqft2026-01-27: AED 1,799, Studio, 456 sqft2026-01-27: AED 1,797, Studio, 478 sqft2026-01-29: AED 1,733, Studio, 479 sqft2026-02-01: AED 1,715, Studio, 474 sqftTrend: AED 1,524 to AED 1,784

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Transaction history in Majestine Allure

  • CompletedStudio · 474 sqft 01 Feb 2026AED 814,0001,716 /sqft
  • CompletedStudio · 478 sqft 29 Jan 2026AED 830,0001,734 /sqft
  • CompletedStudio · 455 sqft 27 Jan 2026AED 820,0001,800 /sqft
  • CompletedStudio · 478 sqft 27 Jan 2026AED 860,0001,798 /sqft
  • CompletedStudio · 475 sqft 21 Jan 2026AED 930,0001,957 /sqft
  • Completed1-bed · 893 sqft 16 Jan 2026AED 1,350,0001,511 /sqft
  • CompletedStudio · 447 sqft 27 Dec 2025AED 800,0001,790 /sqft
  • CompletedStudio · 479 sqft 10 Dec 2025AED 750,0001,564 /sqft
  • Completed489 sqft 24 Nov 2025AED 740,0001,513 /sqft
  • Completed889 sqft 20 Nov 2025AED 1,330,0001,494 /sqft

Over the last 12 months, Majestine Allure has recorded 12 apartment sales. Typical homes sold for around AED 845K (about AED 1,702 per sqft) with a median size of 479 sqft; most were studios, from roughly AED 740K to AED 2.4M.

1–10 of 698

Units in Majestine Allure

497 units
  • Unit 401Studio · 744 sqftSold AED 1.3M, Jan 2019
  • Unit 402Studio · 807 sqftSold AED 1.09M, May 2025
  • Unit 403Studio · 643 sqftSold AED 1.21M, Oct 2019
  • Unit 404Studio · 486 sqftSold AED 784K, Apr 2022
  • Unit 405Studio · 469 sqftSold AED 925K, Nov 2018
  • Unit 4061-bed · 972 sqftSold AED 1.72M, Jun 2019
  • Unit 4071-bed · 956 sqftSold AED 1.88M, Jul 2016
  • Unit 408Studio · 716 sqftSold AED 1.03M, Oct 2021
  • Unit 4092-bed · 1,222 sqftSold AED 1.73M, Jan 2025
  • Unit 410Studio · 229 sqftSold AED 937K, Jul 2018
1–10 of 497
Every unit in Majestine Allure, by number

By type: studios (273), one-beds (142), two-beds (43), three-beds (20).

Nearby in Business Bay

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BuildingSale /sqftYield
Bay Square 13AED 1,2377.8%
Bay Square 12Few sales
Vera ResidencesAED 1,6689.2%
J One Tower AAED 1,9057.0%
J One Tower BAED 3,264
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Majestine Allure in numbers

  • Across 12 DLD sales in the 12 months to March 2026, the median price in Majestine Allure was AED 1,702 per sqft and the typical home sold for about AED 845K.
  • Completed in 2018 by Business Tower Investment; 19 floors of studios to three-beds.
  • Studios of 125 to 921 sqft sold for AED 740,000 to 930,000 between November 2025 and February 2026, a median AED 1,761 per sqft.
  • A studio of 125 to 921 sqft rents for AED 57,301 to 96,000 a year on the 48 contracts registered in the last 12 months.
  • Gross rental yield 7.2%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 1 March 2026.

Questions

How much does a studio in Majestine Allure cost?

8 studios sold in the 12 months to March 2026, for AED 740,000 to 930,000; the median was AED 817,000, or AED 1,761 per sqft.

How much is a studio for rent in Majestine Allure?

About AED 70,000 a year: that is the median of the 48 contracts for studios registered with Ejari in the 12 months to March 2026, from AED 57,301 to 96,000.

What is the rental yield in Majestine Allure?

About 7.2% gross across the building, from about 8.2% for studios to 7.5% for one-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in Majestine Allure gone up?

The median price per sqft rose from about AED 1,660 to AED 1,702 over the 12 months to March 2026, up 2.5%, on 12 sales against 47 the year before.

Who built Majestine Allure and when?

Business Tower Investment; completed in 2018; 19 floors; 497 apartments.

How many apartments are there in Majestine Allure?

497, studios to three-beds. Each has its own page with its full sales and rental history.

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