1712A, Majestine Allure
Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1712A, Majestine Allure
What is 1712A worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 457 sqft
- Floor
- 17th of 19
- Parking
- P3-82
- Developer
- Business Tower Investment
- Completed
- 2018
- Last sold
- AED 1.03M · July 2016
- Building
- Majestine Allure
About 1712A, Majestine Allure
1712A is a studio of 457 sqft on the 17th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 31 July 2016 for AED 1,033,600, or AED 2,260 per sqft, 5% above the AED 2,149 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 10 December 2025, is AED 70,378 a year: a gross yield of 6.8% on the 2016 price.
Sales and rents for 1712A over time
1712A has sold once; the dashed line is the studio median of each year in the building.
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 1712A sits
All 273 studios →1712A last sold in July 2016 at AED 2,260 per sqft, 5% above what studios in Majestine Allure were fetching at the time (AED 2,149). 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. 1712A's AED 70,378 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Feb 20261 February 2026 | 474 sqft | 814,000 | 1,715 | ||
| 29 Jan 202629 January 2026 | 479 sqft | 830,000 | 1,733 | ||
| 27 Jan 202627 January 2026 | 478 sqft | 860,000 | 1,797 | ||
| 27 Jan 202627 January 2026 | 456 sqft | 820,000 | 1,799 |
Majestine Allure
Building497 apartments, studios to 3-bed over 19 floors in Business Bay, completed in 2018 by Business Tower Investment. 11 sold in the last 12 months.
- Typical price per sqft
- AED 1,715 Up 3.8%
- Typical sale
- AED 830K
- Typical rent
- AED 94K /yr
- Typical yield
- 7.1%
Other units on the 17th floor
All 497 units in Majestine Allure| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | Studio | 499 sqft | AED 1.1MAED 1,102,950 · Aug 2015August 2015 | 65,000 /yr | |
| 1702 | Studio | 474 sqft | AED 1MAED 1,000,350 · Oct 2015October 2015 | 75,000 /yr | |
| 1703 | Studio | 459 sqft | AED 862KAED 862,400 · Jan 2023January 2023 | ||
| 1704 | Studio | 572 sqft | AED 1.1MAED 1,102,500 · Nov 2018November 2018 | 58,440 /yr | |
| 1705 | Studio | 489 sqft | AED 690KAED 690,000 · Apr 2023April 2023 | 73,000 /yr | |
| 1706 | Studio | 472 sqft | AED 1.03MAED 1,034,000 · Jul 2017July 2017 | 69,000 /yr | |
| 1707 | 1-bed | 978 sqft | AED 1.28MAED 1,275,000 · Mar 2023March 2023 | 69,000 /yr | |
| 1708 | 890 sqft | AED 1.33MAED 1,330,000 · Nov 2025November 2025 | |||
| 1709 | Studio | 607 sqft | AED 1.16MAED 1,156,000 · Mar 2019March 2019 | 72,000 /yr | |
| 1710 | 2-bed | 1,242 sqft | AED 2.17MAED 2,172,000 · Mar 2018March 2018 | ||
| 1711 | Studio | 461 sqft | AED 1.01MAED 1,009,850 · Jun 2015June 2015 | 55,000 /yr | |
| 1712 | Studio | 475 sqft | AED 930KAED 930,000 · Jan 2026January 2026 | ||
| 1713 | 447 sqft | AED 770KAED 770,000 · Aug 2025August 2025 | 68,000 /yr | ||
| 1714 | 2-bed | 1,068 sqft | AED 2MAED 2,001,000 · Mar 2024March 2024 | 135,000 /yr | |
| 1715 | 3-bed | 1,420 sqft | AED 2.34MAED 2,338,380 · Nov 2018November 2018 | 160,000 /yr | |
| 1716 | Studio | 430 sqft | AED 700KAED 700,000 · Dec 2022December 2022 | 70,000 /yr | |
| 1717 | Studio | 481 sqft | AED 800KAED 800,000 · Jul 2024July 2024 | 70,000 /yr | |
| 1718 | Studio | 480 sqft | AED 1MAED 1,000,350 · Oct 2015October 2015 | 60,000 /yr | |
| 1719 | Studio | 479 sqft | AED 1MAED 1,004,000 · Aug 2015August 2015 | 37,000 /yr | |
| 1720 | 1-bed | 894 sqft | AED 1.73MAED 1,730,900 · Aug 2015August 2015 | 95,000 /yr | |
| 1701A | Studio | 497 sqft | AED 750KAED 750,000 · Feb 2023February 2023 | 84,000 /yr | |
| 1702A | 1-bed | 853 sqft | AED 1.18MAED 1,180,000 · Jul 2025July 2025 | 105,000 /yr | |
| 1703A | Studio | 453 sqft | AED 1MAED 1,001,300 · Oct 2015October 2015 | 60,000 /yr | |
| 1703B | 1-bed | 820 sqft | AED 1.55MAED 1,550,000 · Oct 2015October 2015 | 95,000 /yr | |
| 1704A | 1-bed | 1,034 sqft | AED 1.88MAED 1,880,050 · Jul 2023July 2023 | 102,000 /yr | |
| 1705A | 1-bed | 1,000 sqft | AED 1.75MAED 1,745,370 · Oct 2018October 2018 | 100,000 /yr | |
| 1706A | 1-bed | 886 sqft | AED 1.56MAED 1,557,000 · Nov 2019November 2019 | ||
| 1711A | Studio | 461 sqft | AED 1.03MAED 1,025,145 · Jul 2016July 2016 | ||
| 1713A | 1-bed | 894 sqft | AED 1.72MAED 1,719,500 · Jan 2016January 2016 | 85,000 /yr | |
| 1713B | Studio | 456 sqft | AED 1.01MAED 1,008,900 · Sep 2015September 2015 | 75,000 /yr | |
| 1716A | Studio | 479 sqft | AED 1.01MAED 1,014,600 · Sep 2015September 2015 | 50,000 /yr | |
| 1717A | Studio | 478 sqft | AED 1.01MAED 1,010,800 · Aug 2015August 2015 | 65,000 /yr | |
| 1718A | Studio | 479 sqft | AED 730KAED 730,000 · Jan 2023January 2023 | 65,000 /yr | |
| 1719A | Studio | 467 sqft | AED 600KAED 600,000 · Jun 2022June 2022 | 68,000 /yr |
1712A, Majestine Allure in numbers
- Sold once: by Business Tower Investment on 31 July 2016 for AED 1,033,600, or AED 2,260 per sqft.
- Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 35,000 in 2020 and recovered to AED 70,378 by December 2025.
- At AED 70,378 a year the gross yield on the 2016 price is 6.8%.
- 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 1,715 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 10 December 2025.
Questions about 1712A, Majestine Allure
What did unit 1712A last sell for?
AED 1,033,600 on 31 July 2016, sold by the developer: AED 2,260 per sqft for 457 sqft. It is the only registered sale of the unit.
What is the rent for unit 1712A?
AED 70,378 a year on the contract renewed on 10 December 2025. The previous contract, from December 2022, was AED 55,000; the unit has been rented since October 2019.
How big is unit 1712A?
457 sqft (42.5 sqm): a studio on the 17th floor of a 19-storey tower completed in 2018.
What is unit 1712A 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.
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Mortgage on 1712A, Majestine Allure
Starts from the last sale price (AED 1.03M, 31 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,033,600
- Deposit, UAE resident (20%)
- AED 206,720
- Deposit, non-resident (40%)
- AED 413,440
- Monthly over 25 years at 3.7%
- AED 4,229
Plus AED 48,421 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →