1-bed · 820 sqftMajestine Allure, Business Bay · 7th floor · completed 2018

703B, Majestine Allure

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703B · DLD and Ejari recordsUpdated 2 May 2025
Last soldAED 1.57M10 August 2016
Current rentAED 78K /yr2 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703B, Majestine Allure

What is 703B worth today?

Last sold for AED 1,570,875 in 2016

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2 May 2025RentedRenewal
AED 77,616/yr12 months · AED 95 per sqft
2 May 2024RentedRenewal
AED 70,560/yr12 months · AED 86 per sqft
2 May 2023RentedRenewal
AED 67,200/yr12 months · AED 82 per sqft
24 Apr 2022RentedRenewal
AED 64,000/yr12 months · AED 78 per sqft
24 Apr 2021RentedNew contract
AED 58,000/yr12 months · AED 71 per sqft
15 Mar 2019RentedNew contract
AED 77,000/yr12 months · AED 94 per sqft
10 Aug 2016Sold by developerOff-plan
AED 1,570,875AED 1,915 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 May 2025.

Key facts

Type
1-bed apartment
Size
820 sqft
Floor
7th of 19
Parking
P1-67
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.57M · August 2016

About 703B, Majestine Allure

703B is a one-bedroom apartment of 820 sqft on the 7th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 10 August 2016 for AED 1,570,875, or AED 1,915 per sqft, in line with the AED 1,923 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 2 May 2025, is AED 77,616 a year: a gross yield of 4.9% on the 2016 price.

Sales and rents for 703B over time

Sales
Unit 703B, each saleTypical one-bed in Majestine Allure
1M1.5M20142017202020232026Typical sale price by year: 2014 AED 1,784,100; 2015 AED 1,730,900; 2016 AED 1,719,000; 2017 AED 1,517,000; 2018 AED 1,553,310; 2019 AED 1,696,500; 2021 AED 950,000; 2022 AED 1,295,000; 2023 AED 1,658,000; 2024 AED 1,320,000; 2025 AED 1,250,000Sold by developer, August 2016: AED 1,570,875 (AED 1,915 per sqft)

703B has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 703B, each contractTypical one-bed in Majestine Allure
60K80K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 63,750; 2021 AED 65,000; 2022 AED 75,000; 2023 AED 88,000; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 96,500New contract, March 2019: AED 77,000 a yearNew contract, April 2021: AED 58,000 a yearRenewal, April 2022: AED 64,000 a yearRenewal, May 2023: AED 67,200 a yearRenewal, May 2024: AED 70,560 a yearRenewal, May 2025: AED 77,616 a year

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

1-beds in Majestine Allure, and where 703B sits

All 142 1-beds →

703B last sold in August 2016 at AED 1,915 per sqft, in line with what one-beds in Majestine Allure were fetching at the time (AED 1,923). Over the last 12 months one-beds sold for AED 1,250,000 to 1,350,000, around AED 1,494 per sqft, and rent for AED 84,000 to 120,000 a year. 703B's AED 77,616 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jan 20261,350,000
24 Jul 20251,180,000
22 Jul 20251,275,000
16 Jul 20251,250,000
3 1-bed 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 7th floor

All 497 units in Majestine Allure
Value
701StudioAED 1.09M · Jul 2015
702StudioAED 969K · Jun 2018
703StudioAED 1.05M · Oct 2015
704StudioAED 950K · Jul 2025
705StudioAED 1.01M · May 2025
706StudioAED 1.03M · Feb 2017
7071-bedAED 1.77M · Aug 2014
1–7 of 33

703B, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 10 August 2016 for AED 1,570,875, or AED 1,915 per sqft.
  • Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 77,000 to AED 58,000 in 2021 and recovered to AED 77,616 by May 2025.
  • At AED 77,616 a year the gross yield on the 2016 price is 4.9%.
  • One-beds in Majestine Allure sold for AED 1,250,000–1,350,000 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 2 May 2025.

Questions about 703B, Majestine Allure

What did unit 703B last sell for?

AED 1,570,875 on 10 August 2016, sold by the developer: AED 1,915 per sqft for 820 sqft. It is the only registered sale of the unit.

What is the rent for unit 703B?

AED 77,616 a year on the contract renewed on 2 May 2025. The previous contract, from May 2024, was AED 70,560; the unit has been rented since March 2019.

How big is unit 703B?

820 sqft (76.2 sqm): a one-bedroom apartment on the 7th floor of a 19-storey tower completed in 2018.

What is unit 703B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Majestine Allure sold for AED 1,250,000 to 1,350,000 in the last 12 months, around AED 1,494 per sqft.

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Mortgage on 703B, Majestine Allure

Starts from the last sale price (AED 1.57M, 10 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,570,875
Deposit, UAE resident (20%)
AED 314,175
Deposit, non-resident (40%)
AED 628,350
Monthly over 25 years at 3.7%
AED 6,427

Plus AED 70,987 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →