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Studio · 486 sqftMajestine Allure, Business Bay · 4th floor · completed 2018

404, Majestine Allure

Sold prices and rental history: sold once, by the developer in April 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 4 September 2025
Last soldAED 784K11 April 2022
Current rentAED 60K /yr4 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Majestine Allure

What is 404 worth today?

Last sold for AED 784,000 in 2022

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4 Sep 2025RentedRenewal
AED 60,000/yr12 months · AED 123 per sqft
4 Sep 2024RentedRenewal
AED 60,000/yr12 months · AED 123 per sqft
4 Sep 2023RentedNew contract
AED 60,000/yr12 months · AED 123 per sqft
11 Apr 2022Sold by developerReady
AED 784,000AED 1,612 per sqft

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

Key facts

Type
Studio apartment
Size
486 sqft
Floor
4th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 784K · April 2022
Building
Majestine Allure

About 404, Majestine Allure

404 is a studio of 486 sqft on the 4th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 11 April 2022 for AED 784,000, or AED 1,612 per sqft, 16% above the AED 1,395 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 4 September 2025, is AED 60,000 a year: a gross yield of 7.6% on the 2022 price.

Sales and rents for 404 over time

Sales
Unit 404, 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, April 2022: AED 784,000 (AED 1,612 per sqft)

404 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 404, each contractTypical studio in Majestine Allure
40K60K20192021202320252027Typical 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, September 2023: AED 60,000 a yearRenewal, September 2024: AED 60,000 a yearRenewal, September 2025: AED 60,000 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 404 sits

All 273 studios →

404 last sold in April 2022 at AED 1,612 per sqft, 16% above what studios in Majestine Allure were fetching at the time (AED 1,395). 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. 404's AED 60,000 is in the lower 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 4th floor

All 497 units in Majestine Allure
Value
401StudioAED 1.3M · Jan 2019
402StudioAED 1.09M · May 2025
403StudioAED 1.21M · Oct 2019
405StudioAED 925K · Nov 2018
4061-bedAED 1.72M · Jun 2019
4071-bedAED 1.88M · Jul 2016
408StudioAED 1.03M · Oct 2021
1–7 of 28

404, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 11 April 2022 for AED 784,000, or AED 1,612 per sqft.
  • Rented since September 2023 on 3 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 7.6%.
  • 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 September 2025.

Questions about 404, Majestine Allure

What did unit 404 last sell for?

AED 784,000 on 11 April 2022, sold by the developer: AED 1,612 per sqft for 486 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 60,000 a year on the contract renewed on 4 September 2025. The previous contract, from September 2024, was AED 60,000; the unit has been rented since September 2023.

How big is unit 404?

486 sqft (45.2 sqm): a studio on the 4th floor of a 19-storey tower completed in 2018.

What is unit 404 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 404, Majestine Allure

Starts from the last sale price (AED 784K, 11 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 784,000
Deposit, UAE resident (20%)
AED 156,800
Deposit, non-resident (40%)
AED 313,600
Monthly over 25 years at 3.7%
AED 3,208

Plus AED 37,938 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →