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1-bed · 1,034 sqftMajestine Allure, Business Bay · 7th floor · completed 2018

704A, Majestine Allure

Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704A · DLD and Ejari recordsUpdated 10 June 2025
Last soldAED 1.93M10 November 2019
Current rentAED 95K /yr10 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704A, Majestine Allure

What is 704A worth today?

Last sold for AED 1,932,000 in 2019

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10 Jun 2025RentedNew contract
AED 95,000/yr12 months · AED 92 per sqft
5 Jun 2024RentedRenewal
AED 89,500/yr12 months · AED 87 per sqft
5 Jun 2023RentedNew contract
AED 87,000/yr12 months · AED 84 per sqft
10 Nov 2019Sold by developerReady
AED 1,932,000AED 1,869 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 June 2025.

Key facts

Type
1-bed apartment
Size
1,034 sqft
Floor
7th of 19
Parking
P1-68
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.93M · November 2019
Building
Majestine Allure

About 704A, Majestine Allure

704A is a one-bedroom apartment of 1,034 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 November 2019 for AED 1,932,000, or AED 1,869 per sqft, 6% above the AED 1,759 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 10 June 2025, is AED 95,000 a year: a gross yield of 4.9% on the 2019 price.

Sales and rents for 704A over time

Sales
Unit 704A, each saleTypical one-bed in Majestine Allure
1M1.5M2M20142017202020232026Typical 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, November 2019: AED 1,932,000 (AED 1,869 per sqft)

704A has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 704A, 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, June 2023: AED 87,000 a yearRenewal, June 2024: AED 89,500 a yearNew contract, June 2025: AED 95,000 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 704A sits

All 142 1-beds →

704A last sold in November 2019 at AED 1,869 per sqft, 6% above what one-beds in Majestine Allure were fetching at the time (AED 1,759). Over the last 12 months one-beds sold for AED 1,330,000 to 1,350,000, around AED 1,502 per sqft, and rent for AED 84,000 to 120,000 a year. 704A's AED 95,000 is in the lower half 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
2 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. 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 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

704A, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 10 November 2019 for AED 1,932,000, or AED 1,869 per sqft.
  • Rented since June 2023 on 3 Ejari contracts, from AED 87,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2019 price is 4.9%.
  • One-beds in Majestine Allure sold for AED 1,330,000–1,350,000 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 10 June 2025.

Questions about 704A, Majestine Allure

What did unit 704A last sell for?

AED 1,932,000 on 10 November 2019, sold by the developer: AED 1,869 per sqft for 1,034 sqft. It is the only registered sale of the unit.

What is the rent for unit 704A?

AED 95,000 a year on the contract signed on 10 June 2025. The previous contract, from June 2024, was AED 89,500; the unit has been rented since June 2023.

How big is unit 704A?

1,034 sqft (96.1 sqm): a one-bedroom apartment on the 7th floor of a 19-storey tower completed in 2018.

What is unit 704A 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 1,330,000 to 1,350,000 in the last 12 months, around AED 1,502 per sqft.

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Mortgage on 704A, Majestine Allure

Starts from the last sale price (AED 1.93M, 10 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,932,000
Deposit, UAE resident (20%)
AED 386,400
Deposit, non-resident (40%)
AED 772,800
Monthly over 25 years at 3.7%
AED 7,904

Plus AED 86,154 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →