Studio · 497 sqftMajestine Allure, Business Bay · 17th floor · completed 2018

1701A, Majestine Allure

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

Unit 1701A · DLD and Ejari recordsUpdated 4 March 2025
Last soldAED 750K22 February 2023
Current rentAED 84K /yr4 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701A, Majestine Allure

What is 1701A worth today?

Last sold for AED 750,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Mar 2025RentedNew contract
AED 84,000/yr12 months · AED 169 per sqft
3 Mar 2024RentedNew contract
AED 72,000/yr12 months · AED 145 per sqft
22 Feb 2023SoldReady
AED 750,000AED 1,509 per sqft
26 Apr 2020RentedRenewal
AED 24,800/yr15 months · AED 50 per sqft
26 Apr 2019RentedNew contract
AED 52,000/yr12 months · AED 105 per sqft
1 Oct 2015Sold by developerOff-plan
AED 1,050,700AED 2,115 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 March 2025.

Key facts

Type
Studio apartment
Size
497 sqft
Floor
17th of 19
Parking
P3-66
Developer
Business Tower Investment
Completed
2018
Last sold
AED 750K · February 2023

About 1701A, Majestine Allure

1701A is a studio of 497 sqft on the 17th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 22 February 2023 for AED 750,000, or AED 1,509 per sqft, 10% above the AED 1,378 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 4 March 2025, is AED 84,000 a year: a gross yield of 11.2% on the 2023 price.

Sales and rents for 1701A over time

Sales
Unit 1701A, 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 1,059,250; 2018 AED 979,976; 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 840,000; 2026 AED 830,000Sold by developer, October 2015: AED 1,050,700 (AED 2,115 per sqft)Sold, February 2023: AED 750,000 (AED 1,509 per sqft)

1701A has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1701A, each contractTypical studio in Majestine Allure
50K20192021202320252027Typical 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 70,000New contract, April 2019: AED 52,000 a yearRenewal, April 2020: AED 24,800 a yearNew contract, March 2024: AED 72,000 a yearNew contract, March 2025: AED 84,000 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 1701A sits

All 273 studios →

1701A last sold in February 2023 at AED 1,509 per sqft, 10% above what studios in Majestine Allure were fetching at the time (AED 1,378). Over the last 12 months studios sold for AED 740,000 to 930,000, around AED 1,761 per sqft, and rent for AED 57,301 to 96,000 a year. 1701A's AED 84,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Feb 2026814,000
29 Jan 2026830,000
27 Jan 2026860,000
27 Jan 2026820,000
8 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. 12 sold in the last 12 months.

Typical price per sqft
AED 1,702 Up 2.5%
Typical sale
AED 845K
Typical rent
AED 94K /yr
Typical yield
7.2%
Majestine Allure, Business Bay: prices, sales and rents →

Other units on the 17th floor

All 497 units in Majestine Allure
Value
1701StudioAED 1.1M · Aug 2015
1702StudioAED 1M · Oct 2015
1703StudioAED 862K · Jan 2023
1704StudioAED 1.1M · Nov 2018
1705StudioAED 690K · Apr 2023
1706StudioAED 1.03M · Jul 2017
17071-bedAED 1.28M · Mar 2023
1–7 of 34

1701A, Majestine Allure in numbers

  • Sold twice: first on 1 October 2015 for AED 1,050,700, last on 22 February 2023 for AED 750,000 (AED 1,509 per sqft).
  • Rented since April 2019 on 4 Ejari contracts. The rent fell from AED 52,000 to AED 24,800 in 2020 and recovered to AED 84,000 by March 2025.
  • At AED 84,000 a year the gross yield on the 2023 price is 11.2%.
  • Studios in Majestine Allure sold for AED 740,000–930,000 in the 12 months to November 2026; the building's median across all types is AED 1,702 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 4 March 2025.

Questions about 1701A, Majestine Allure

What did unit 1701A last sell for?

AED 750,000 on 22 February 2023: AED 1,509 per sqft for 497 sqft. The unit has 2 registered sales; the first was AED 1,050,700 in October 2015.

What is the rent for unit 1701A?

AED 84,000 a year on the contract signed on 4 March 2025. The previous contract, from March 2024, was AED 72,000; the unit has been rented since April 2019.

How big is unit 1701A?

497 sqft (46.2 sqm): a studio on the 17th floor of a 19-storey tower completed in 2018.

What is unit 1701A 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 740,000 to 930,000 in the last 12 months, around AED 1,761 per sqft.

Selling 1701A? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1701A, Majestine Allure

Starts from the last sale price (AED 750K, 22 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →