Studio · 572 sqftMajestine Allure, Business Bay · 6th floor · completed 2018

604, Majestine Allure

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 12 February 2026
Last soldAED 640K12 May 2022
Current rentAED 70K /yr12 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Majestine Allure

What is 604 worth today?

Last sold for AED 640,000 in 2022

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12 Feb 2026RentedNew contract
AED 70,000/yr12 months · AED 123 per sqft
15 Dec 2025RentedNew contract
AED 75,000/yr12 months · AED 131 per sqft
15 Aug 2025RentedRenewal
AED 65,000/yr12 months · AED 114 per sqft
15 Aug 2024RentedNew contract
AED 63,000/yr12 months · AED 110 per sqft
23 Feb 2023RentedNew contract
AED 64,000/yr12 months · AED 112 per sqft
12 May 2022SoldReady
AED 640,000AED 1,118 per sqft
2 Jul 2021RentedNew contract
AED 72,000/yr12 months · AED 126 per sqft
1 Aug 2019RentedNew contract
AED 55,000/yr12 months · AED 96 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 February 2026.

Key facts

Type
Studio apartment
Size
572 sqft
Floor
6th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 640K · May 2022

About 604, Majestine Allure

604 is a studio of 572 sqft on the 6th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 12 May 2022 for AED 640,000, or AED 1,118 per sqft, 13% below the AED 1,279 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 12 February 2026, is AED 70,000 a year: a gross yield of 10.9% on the 2022 price.

Sales and rents for 604 over time

Sales
Unit 604, 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, February 2019: AED 1,118,000 (AED 1,954 per sqft)Sold, May 2022: AED 640,000 (AED 1,118 per sqft)

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

Rents
Unit 604, 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, August 2019: AED 55,000 a yearNew contract, July 2021: AED 72,000 a yearNew contract, February 2023: AED 64,000 a yearNew contract, August 2024: AED 63,000 a yearRenewal, August 2025: AED 65,000 a yearNew contract, December 2025: AED 75,000 a yearNew contract, February 2026: AED 70,000 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 604 sits

All 273 studios →

604 last sold in May 2022 at AED 1,118 per sqft, 13% below what studios in Majestine Allure were fetching at the time (AED 1,279). 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. 604's AED 70,000 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 6th floor

All 497 units in Majestine Allure
Value
601StudioAED 1.09M · Jul 2015
602StudioAED 814K · Feb 2026
603StudioAED 870K · Feb 2024
605StudioAED 840K · Feb 2025
606StudioAED 960K · Jul 2024
6071-bedAED 1.96M · Nov 2014
6081-bedAED 1.53M · Nov 2018
1–7 of 34

604, Majestine Allure in numbers

  • Sold twice: first on 25 February 2019 for AED 1,118,000, last on 12 May 2022 for AED 640,000 (AED 1,118 per sqft).
  • Rented since August 2019 on 7 Ejari contracts, from AED 55,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 10.9%.
  • 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 12 February 2026.

Questions about 604, Majestine Allure

What did unit 604 last sell for?

AED 640,000 on 12 May 2022: AED 1,118 per sqft for 572 sqft. The unit has 2 registered sales; the first was AED 1,118,000 in February 2019.

What is the rent for unit 604?

AED 70,000 a year on the contract signed on 12 February 2026. The previous contract, from December 2025, was AED 75,000; the unit has been rented since August 2019.

How big is unit 604?

572 sqft (53.1 sqm): a studio on the 6th floor of a 19-storey tower completed in 2018.

What is unit 604 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 604, Majestine Allure

Starts from the last sale price (AED 640K, 12 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

Plus AED 31,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →