Home
Dubai prices
About
Research
Studio · 580 sqftMajestine Allure, Business Bay · 4th floor · completed 2018

420, Majestine Allure

Sold prices and rental history: sold once, by the developer in December 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 420 · DLD and Ejari recordsUpdated 18 December 2018
Last soldAED 1.06M18 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 420, Majestine Allure

What is 420 worth today?

Last sold for AED 1,062,000 in 2018

Unlock today's estimate, updated daily, with

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

18 Dec 2018Sold by developerReady
AED 1,062,000AED 1,831 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 December 2018.

Key facts

Type
Studio hotel apartment
Size
580 sqft
Floor
4th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.06M · December 2018
Building
Majestine Allure

About 420, Majestine Allure

420 is a studio of 580 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 18 December 2018 for AED 1,062,000, or AED 1,831 per sqft, 6% below the AED 1,958 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 420 over time

Sales
Unit 420, 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, December 2018: AED 1,062,000 (AED 1,831 per sqft)

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

Rents
Unit 420, 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 70,000

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 420 sits

All 273 studios →

420 last sold in December 2018 at AED 1,831 per sqft, 6% below what studios in Majestine Allure were fetching at the time (AED 1,958). 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.

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
404StudioAED 784K · Apr 2022
405StudioAED 925K · Nov 2018
4061-bedAED 1.72M · Jun 2019
4071-bedAED 1.88M · Jul 2016
1–7 of 28

420, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 18 December 2018 for AED 1,062,000, or AED 1,831 per sqft.
  • 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 18 December 2018.

Questions about 420, Majestine Allure

What did unit 420 last sell for?

AED 1,062,000 on 18 December 2018, sold by the developer: AED 1,831 per sqft for 580 sqft. It is the only registered sale of the unit.

How big is unit 420?

580 sqft (53.9 sqm): a studio on the 4th floor of a 19-storey tower completed in 2018.

What is unit 420 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 420? 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 420, Majestine Allure

Starts from the last sale price (AED 1.06M, 18 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,062,000
Deposit, UAE resident (20%)
AED 212,400
Deposit, non-resident (40%)
AED 424,800
Monthly over 25 years at 3.7%
AED 4,345

Plus AED 49,614 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →