Studio · 447 sqftMajestine Allure, Business Bay · 5th floor · completed 2018

513, Majestine Allure

Sold prices and rental history: sold twice, last in December 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 6 January 2026
Last soldAED 800K27 December 2025
Current rentAED 75K /yr6 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, Majestine Allure

What is 513 worth today?

Last sold for AED 800,000 in 2025

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6 Jan 2026RentedNew contract
AED 75,000/yr12 months · AED 168 per sqft
27 Dec 2025SoldReady
AED 800,000AED 1,789 per sqft
17 May 2025RentedRenewal
AED 59,850/yr6 months · AED 134 per sqft
17 May 2024RentedNew contract
AED 57,000/yr12 months · AED 128 per sqft
15 Apr 2023RentedRenewal
AED 44,000/yr12 months · AED 97 per sqft
15 Apr 2022RentedRenewal
AED 40,000/yr12 months · AED 88 per sqft
15 Apr 2021RentedNew contract
AED 34,000/yr12 months · AED 75 per sqft
26 Mar 2020RentedRenewal
AED 48,143/yr12 months · AED 109 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 January 2026.

Key facts

Type
Studio apartment
Size
447 sqft
Floor
5th of 19
Parking
P1-20
Developer
Business Tower Investment
Completed
2018
Last sold
AED 800K · December 2025

About 513, Majestine Allure

513 is a studio of 447 sqft on the 5th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 27 December 2025 for AED 800,000, or AED 1,789 per sqft, in line with the AED 1,741 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 6 January 2026, is AED 75,000 a year: a gross yield of 9.4% on the 2025 price.

Sales and rents for 513 over time

Sales
Unit 513, 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, September 2015: AED 979,450 (AED 2,191 per sqft)Sold, December 2025: AED 800,000 (AED 1,789 per sqft)

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

Rents
Unit 513, each contractTypical studio in Majestine Allure
40K60K80K20192021202320252027Typical 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, March 2019: AED 51,000 a yearRenewal, March 2020: AED 48,143 a yearNew contract, April 2021: AED 34,000 a yearRenewal, April 2022: AED 40,000 a yearRenewal, April 2023: AED 44,000 a yearNew contract, May 2024: AED 57,000 a yearRenewal, May 2025: AED 59,850 a yearNew contract, January 2026: AED 75,000 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 513 sits

All 273 studios →

513 last sold in December 2025 at AED 1,789 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 1,741). 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. 513's AED 75,000 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. 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%
Majestine Allure, Business Bay: prices, sales and rents →

Other units on the 5th floor

All 497 units in Majestine Allure
Value
501StudioAED 935K · Oct 2023
502StudioAED 850K · Jun 2025
503StudioAED 765K · Nov 2023
504StudioAED 793K · Apr 2022
5052-bedAED 2.52M · Aug 2014
506StudioAED 1.03M · May 2017
5071-bedAED 1.96M · Dec 2014
1–7 of 33

513, Majestine Allure in numbers

  • Sold twice: first on 27 September 2015 for AED 979,450, last on 27 December 2025 for AED 800,000 (AED 1,789 per sqft).
  • Rented since March 2019 on 8 Ejari contracts. The rent fell from AED 51,000 to AED 34,000 in 2021 and recovered to AED 75,000 by January 2026.
  • At AED 75,000 a year the gross yield on the 2025 price is 9.4%.
  • 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 6 January 2026.

Questions about 513, Majestine Allure

What did unit 513 last sell for?

AED 800,000 on 27 December 2025: AED 1,789 per sqft for 447 sqft. The unit has 2 registered sales; the first was AED 979,450 in September 2015.

What is the rent for unit 513?

AED 75,000 a year on the contract signed on 6 January 2026. The previous contract, from May 2025, was AED 59,850; the unit has been rented since March 2019.

How big is unit 513?

447 sqft (41.5 sqm): a studio on the 5th floor of a 19-storey tower completed in 2018.

What is unit 513 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 513, Majestine Allure

Starts from the last sale price (AED 800K, 27 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →