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3-bed · 1,420 sqftMajestine Allure, Business Bay · 6th floor · completed 2018

615, Majestine Allure

Sold prices and rental history: sold once, by the developer in January 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 615 · DLD and Ejari recordsUpdated 28 March 2025
Last soldAED 2.35M29 January 2019
Current rentAED 160K /yr28 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 615, Majestine Allure

What is 615 worth today?

Last sold for AED 2,347,000 in 2019

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28 Mar 2025RentedNew contract
AED 160,000/yr12 months · AED 113 per sqft
21 Oct 2024RentedNew contract
AED 155,000/yr12 months · AED 109 per sqft
27 Feb 2022RentedNew contract
AED 145,200/yr12 months · AED 102 per sqft
8 Dec 2020RentedNew contract
AED 132,000/yr12 months · AED 93 per sqft
20 Sep 2020RentedNew contract
AED 133,000/yr12 months · AED 94 per sqft
29 Jan 2019Sold by developerReady
AED 2,347,000AED 1,652 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 March 2025.

Key facts

Type
3-bed apartment
Size
1,420 sqft
Floor
6th of 19
Parking
P1-86, P1-91
Developer
Business Tower Investment
Completed
2018
Last sold
AED 2.35M · January 2019
Building
Majestine Allure

About 615, Majestine Allure

615 is a three-bedroom apartment of 1,420 sqft on the 6th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 29 January 2019 for AED 2,347,000, or AED 1,652 per sqft, in line with the AED 1,653 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 28 March 2025, is AED 160,000 a year: a gross yield of 6.8% on the 2019 price.

Sales and rents for 615 over time

Sales
Unit 615, each saleTypical three-bed in Majestine Allure
2M3M2014201720202023Typical sale price by year: 2014 AED 3,601,950; 2015 AED 2,953,550; 2018 AED 2,349,000; 2022 AED 2,027,000Sold by developer, January 2019: AED 2,347,000 (AED 1,652 per sqft)

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

Rents
Unit 615, each contractTypical three-bed in Majestine Allure
100K150K2019202120232025Typical rent by year: 2019 AED 115,000; 2020 AED 100,000; 2021 AED 108,000; 2022 AED 142,500; 2023 AED 155,000; 2024 AED 160,000; 2025 AED 160,000New contract, September 2020: AED 133,000 a yearNew contract, December 2020: AED 132,000 a yearNew contract, February 2022: AED 145,200 a yearNew contract, October 2024: AED 155,000 a yearNew contract, March 2025: AED 160,000 a year

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

3-beds in Majestine Allure, and where 615 sits

All 20 3-beds →

615 last sold in January 2019 at AED 1,652 per sqft, in line with what three-beds in Majestine Allure were fetching at the time (AED 1,653). Over the last 12 months three-beds sold for AED 2,400,000, around AED 1,689 per sqft, and rent for AED 160,000 to 160,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
15 Jan 20252,428,000
16 Dec 20242,500,000
11 Dec 20242,500,000
14 Jun 20221,865,000
1 3-bed sale 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
604StudioAED 640K · May 2022
605StudioAED 840K · Feb 2025
606StudioAED 960K · Jul 2024
6071-bedAED 1.96M · Nov 2014
1–7 of 34

615, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 29 January 2019 for AED 2,347,000, or AED 1,652 per sqft.
  • Rented since September 2020 on 5 Ejari contracts, from AED 133,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2019 price is 6.8%.
  • Three-beds in Majestine Allure sold for AED 2,400,000–2,400,000 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 28 March 2025.

Questions about 615, Majestine Allure

What did unit 615 last sell for?

AED 2,347,000 on 29 January 2019, sold by the developer: AED 1,652 per sqft for 1,420 sqft. It is the only registered sale of the unit.

What is the rent for unit 615?

AED 160,000 a year on the contract signed on 28 March 2025. The previous contract, from October 2024, was AED 155,000; the unit has been rented since September 2020.

How big is unit 615?

1,420 sqft (131.9 sqm): a three-bedroom apartment on the 6th floor of a 19-storey tower completed in 2018.

What is unit 615 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Majestine Allure sold for AED 2,400,000 to 2,400,000 in the last 12 months, around AED 1,689 per sqft.

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Mortgage on 615, Majestine Allure

Starts from the last sale price (AED 2.35M, 29 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,347,000
Deposit, UAE resident (20%)
AED 469,400
Deposit, non-resident (40%)
AED 938,800
Monthly over 25 years at 3.7%
AED 9,602

Plus AED 103,584 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →