1-bed · 956 sqftMajestine Allure, Business Bay · 4th floor · completed 2018

407, Majestine Allure

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 20 June 2025

Last soldAED 1.88M31 July 2016

Current rentAED 108K /yr20 June 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 407, Majestine Allure

Today

What is 407 worth today?

Last sold for AED 1,883,700 in 2016

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20 Jun 2025

20 Jun 2025RentedRenewal

AED 108,000/yr2 months · AED 113 per sqft

20 Jun 2024

20 Jun 2024RentedNew contract

AED 90,000/yr12 months · AED 94 per sqft

20 Sep 2023

20 Sep 2023RentedNew contract

AED 90,000/yr12 months · AED 94 per sqft

5 Feb 2023

5 Feb 2023RentedRenewal

AED 132,000/yr4 months · AED 138 per sqft

5 Oct 2022

5 Oct 2022RentedNew contract

AED 120,000/yr4 months · AED 126 per sqft

22 Dec 2020

22 Dec 2020RentedNew contract

AED 96,000/yr12 months · AED 100 per sqft

31 Jul 2016

31 Jul 2016Sold by developerOff-plan

AED 1,883,700AED 1,970 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 June 2025.

Key facts

Type: 1-bed hotel apartment
Size: 956 sqft
Floor: 4th of 19
Parking: G-12
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 1.88M · July 2016
Building: Majestine Allure

About 407, Majestine Allure

407 is a one-bedroom hotel apartment of 956 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 31 July 2016 for AED 1,883,700, or AED 1,970 per sqft, in line with the AED 1,935 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 20 June 2025, is AED 108,000 a year: a gross yield of 5.7% on the 2016 price.

Sales and rents for 407 over time

Sales

Unit 407, each saleTypical one-bed in Majestine Allure

407 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 407, each contractTypical one-bed in Majestine Allure

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Majestine Allure, and where 407 sits

All 142 1-beds →

1-beds in Majestine Allure · last 12 months1,494 /sqft Majestine Allure · all types1,702 /sqft

407 last sold in July 2016 at AED 1,970 per sqft, in line with what one-beds in Majestine Allure were fetching at the time (AED 1,935). Over the last 12 months one-beds sold for AED 1,250,000 to 1,350,000, around AED 1,494 per sqft, and rent for AED 84,000 to 120,000 a year. 407's AED 108,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
16 Jan 202616 January 2026	894 sqft	1,350,000	1,510
24 Jul 202524 July 2025	853 sqft	1,180,000	1,382
22 Jul 202522 July 2025	786 sqft	1,275,000	1,621
16 Jul 202516 July 2025	1,000 sqft	1,250,000	1,250

3 1-bed 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


401	Studio	744 sqft	AED 1.3MAED 1,303,000 · Jan 2019January 2019	70,000 /yr
402	Studio	807 sqft	AED 1.09MAED 1,091,821 · May 2025May 2025
403	Studio	643 sqft	AED 1.21MAED 1,206,000 · Oct 2019October 2019	59,000 /yr
404	Studio	486 sqft	AED 784KAED 784,000 · Apr 2022April 2022	60,000 /yr
405	Studio	469 sqft	AED 925KAED 925,000 · Nov 2018November 2018
406	1-bed	972 sqft	AED 1.72MAED 1,716,000 · Jun 2019June 2019	65,000 /yr
408	Studio	716 sqft	AED 1.03MAED 1,027,000 · Oct 2021October 2021	60,000 /yr
409	2-bed	1,222 sqft	AED 1.73MAED 1,730,000 · Jan 2025January 2025	130,000 /yr
410	Studio	229 sqft	AED 937KAED 936,600 · Jul 2018July 2018	65,000 /yr
411	Studio	458 sqft	AED 1MAED 1,002,250 · Oct 2015October 2015	60,000 /yr
412	Studio	473 sqft	AED 1.04MAED 1,042,150 · Oct 2015October 2015	72,000 /yr
413	Studio	455 sqft	AED 1MAED 1,000,350 · Aug 2015August 2015	66,000 /yr
414	Studio	444 sqft	AED 979KAED 979,450 · Oct 2015October 2015	70,189 /yr
415	1-bed	1,360 sqft	AED 2.16MAED 2,164,000 · Sep 2023September 2023	105,000 /yr
416	Studio	921 sqft	AED 1.39MAED 1,393,000 · Jan 2023January 2023	65,000 /yr
417	Studio	901 sqft	AED 1.4MAED 1,396,500 · Sep 2023September 2023	70,000 /yr
419	1-bed	968 sqft	AED 1.79MAED 1,791,000 · Sep 2023September 2023	90,000 /yr
420	Studio	580 sqft	AED 1.06MAED 1,062,000 · Dec 2018December 2018
421	Studio	580 sqft	AED 1.04MAED 1,035,000 · Jan 2023January 2023	85,000 /yr
422	Studio	580 sqft	AED 1.1MAED 1,098,752 · Aug 2018August 2018	65,000 /yr
423	Studio	575 sqft	AED 1.21MAED 1,206,500 · Sep 2015September 2015	60,000 /yr
424	1-bed	957 sqft	AED 1.72MAED 1,715,980 · Jun 2023June 2023
402A		899 sqft	AED 1.18MAED 1,176,838 · Oct 2025October 2025	85,000 /yr
403A	1-bed	1,027 sqft	AED 1.91MAED 1,912,000 · Jul 2019July 2019
404A	1-bed	992 sqft	AED 1.85MAED 1,854,000 · Jul 2019July 2019
405A	1-bed	879 sqft	AED 1.62MAED 1,622,250 · Jun 2018June 2018	115,000 /yr
420A	Studio	580 sqft	AED 1.19MAED 1,186,000 · Mar 2017March 2017	59,834 /yr
421A	Studio	580 sqft	AED 1.04MAED 1,040,760 · Dec 2018December 2018	70,000 /yr

1–7 of 28

407, Majestine Allure in numbers

Sold once: by Business Tower Investment on 31 July 2016 for AED 1,883,700, or AED 1,970 per sqft.
Rented since December 2020 on 6 Ejari contracts, from AED 96,000 to AED 108,000 a year.
At AED 108,000 a year the gross yield on the 2016 price is 5.7%.
One-beds in Majestine Allure sold for AED 1,250,000–1,350,000 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 20 June 2025.

Questions about 407, Majestine Allure

What did unit 407 last sell for?

AED 1,883,700 on 31 July 2016, sold by the developer: AED 1,970 per sqft for 956 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 108,000 a year on the contract renewed on 20 June 2025. The previous contract, from June 2024, was AED 90,000; the unit has been rented since December 2020.

How big is unit 407?

956 sqft (88.8 sqm): a one-bedroom hotel apartment on the 4th floor of a 19-storey tower completed in 2018.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Majestine Allure sold for AED 1,250,000 to 1,350,000 in the last 12 months, around AED 1,494 per sqft.

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Mortgage on 407, Majestine Allure

Starts from the last sale price (AED 1.88M, 31 July 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,883,700
Deposit, UAE resident (20%): AED 376,740
Deposit, non-resident (40%): AED 753,480
Monthly over 25 years at 3.7%: AED 7,707

Plus AED 84,125 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →