513B, Majestine Allure
Sold prices and rental history: sold twice, last in March 2021, 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 513B, Majestine Allure
What is 513B worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 13 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 456 sqft
- Floor
- 5th of 19
- Parking
- P1-22
- Developer
- Business Tower Investment
- Completed
- 2018
- Last sold
- AED 490K · March 2021
- Building
- Majestine Allure
About 513B, Majestine Allure
513B is a studio of 456 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 22 March 2021 for AED 490,000, or AED 1,075 per sqft, in line with the AED 1,057 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 13 September 2024, is AED 90,000 a year: a gross yield of 18.4% on the 2021 price.
Sales and rents for 513B over time
513B has sold twice; 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 513B sits
All 273 studios →513B last sold in March 2021 at AED 1,075 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 1,057). 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. 513B's AED 90,000 is in the upper 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. 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%
Other units on the 5th floor
All 497 units in Majestine Allure| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 499 sqft | AED 935KAED 934,920 · Oct 2023October 2023 | ||
| 502 | Studio | 474 sqft | AED 850KAED 850,000 · Jun 2025June 2025 | 62,000 /yr | |
| 503 | Studio | 459 sqft | AED 765KAED 765,000 · Nov 2023November 2023 | 70,000 /yr | |
| 504 | Studio | 572 sqft | AED 793KAED 793,380 · Apr 2022April 2022 | 96,000 /yr | |
| 505 | 2-bed | 1,500 sqft | AED 2.52MAED 2,515,600 · Aug 2014August 2014 | 133,000 /yr | |
| 506 | Studio | 472 sqft | AED 1.03MAED 1,026,000 · May 2017May 2017 | 65,000 /yr | |
| 507 | 1-bed | 978 sqft | AED 1.96MAED 1,962,700 · Dec 2014December 2014 | 110,000 /yr | |
| 508 | 1-bed | 890 sqft | AED 1.63MAED 1,633,000 · Nov 2023November 2023 | 95,000 /yr | |
| 509 | Studio | 617 sqft | AED 1.26MAED 1,260,000 · Sep 2015September 2015 | 67,000 /yr | |
| 510 | 2-bed | 1,242 sqft | AED 2.56MAED 2,558,000 · Oct 2015October 2015 | 137,000 /yr | |
| 511 | Studio | 461 sqft | AED 1MAED 1,000,350 · Sep 2015September 2015 | 60,000 /yr | |
| 512 | Studio | 475 sqft | AED 1.04MAED 1,042,150 · Dec 2017December 2017 | 65,000 /yr | |
| 513 | Studio | 447 sqft | AED 800KAED 800,000 · Dec 2025December 2025 | 75,000 /yr | |
| 514 | 2-bed | 1,068 sqft | AED 2.14MAED 2,137,500 · Oct 2015October 2015 | 130,000 /yr | |
| 515 | 3-bed | 1,421 sqft | AED 2MAED 1,998,000 · Nov 2021November 2021 | 163,000 /yr | |
| 516 | Studio | 430 sqft | AED 770KAED 770,000 · Apr 2024April 2024 | ||
| 517 | Studio | 481 sqft | AED 730KAED 730,000 · Jul 2023July 2023 | 65,000 /yr | |
| 518 | Studio | 480 sqft | AED 610KAED 610,000 · Oct 2019October 2019 | 65,000 /yr | |
| 519 | Studio | 481 sqft | AED 835KAED 835,000 · Mar 2024March 2024 | 41,400 /yr | |
| 520 | 1-bed | 896 sqft | AED 1.71MAED 1,711,900 · Aug 2015August 2015 | 70,000 /yr | |
| 501A | Studio | 497 sqft | AED 785KAED 785,000 · Jan 2024January 2024 | 88,000 /yr | |
| 502A | 1-bed | 853 sqft | AED 1.6MAED 1,604,550 · Dec 2014December 2014 | 100,000 /yr | |
| 503A | Studio | 453 sqft | AED 992KAED 991,800 · Oct 2015October 2015 | 57,000 /yr | |
| 503B | 1-bed | 820 sqft | AED 1.59MAED 1,593,000 · Jul 2016July 2016 | 95,000 /yr | |
| 504A | 1-bed | 1,034 sqft | AED 1.93MAED 1,927,000 · Jul 2019July 2019 | 100,000 /yr | |
| 506a | 1-bed | 886 sqft | AED 1.58MAED 1,580,712 · May 2018May 2018 | 105,000 /yr | |
| 511A | Studio | 461 sqft | AED 528KAED 528,000 · Mar 2022March 2022 | 63,000 /yr | |
| 512A | Studio | 457 sqft | AED 1.04MAED 1,044,050 · Dec 2014December 2014 | 65,000 /yr | |
| 513A | 1-bed | 894 sqft | AED 1.56MAED 1,556,000 · Jul 2018July 2018 | 77,143 /yr | |
| 516A | Studio | 480 sqft | AED 555KAED 555,000 · Apr 2022April 2022 | 65,000 /yr | |
| 517A | Studio | 478 sqft | AED 1MAED 1,000,350 · Sep 2015September 2015 | 60,500 /yr | |
| 518A | Studio | 479 sqft | AED 1MAED 1,002,250 · Dec 2014December 2014 | 65,000 /yr | |
| 519A | Studio | 467 sqft | AED 988KAED 988,000 · Aug 2015August 2015 | 65,000 /yr |
513B, Majestine Allure in numbers
- Sold twice: first on 29 October 2015 for AED 1,008,900, last on 22 March 2021 for AED 490,000 (AED 1,075 per sqft).
- Rented since May 2019 on 6 Ejari contracts. The rent fell from AED 51,000 to AED 35,000 in 2020 and recovered to AED 90,000 by September 2024.
- At AED 90,000 a year the gross yield on the 2021 price is 18.4%.
- 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 1,702 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 13 September 2024.
Questions about 513B, Majestine Allure
What did unit 513B last sell for?
AED 490,000 on 22 March 2021: AED 1,075 per sqft for 456 sqft. The unit has 2 registered sales; the first was AED 1,008,900 in October 2015.
What is the rent for unit 513B?
AED 90,000 a year on the contract signed on 13 September 2024. The previous contract, from November 2022, was AED 102,000; the unit has been rented since May 2019.
How big is unit 513B?
456 sqft (42.4 sqm): a studio on the 5th floor of a 19-storey tower completed in 2018.
What is unit 513B 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 513B, Majestine Allure
Starts from the last sale price (AED 490K, 22 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 490,000
- Deposit, UAE resident (20%)
- AED 98,000
- Deposit, non-resident (40%)
- AED 196,000
- Monthly over 25 years at 3.7%
- AED 2,005
Plus AED 23,490 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →