Studio · 472 sqftMajestine Allure, Business Bay · 7th floor · completed 2018

706, Majestine Allure

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in February 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 30 April 2024

Last soldAED 1.03M20 February 2017

Current rentAED 63K /yr30 April 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 706, Majestine Allure

Today

What is 706 worth today?

Last sold for AED 1,026,000 in 2017

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30 Apr 2024

30 Apr 2024RentedRenewal

AED 62,825/yr12 months · AED 133 per sqft

30 Apr 2024

30 Apr 2024RentedRenewal

AED 62,825/yr12 months · AED 136 per sqft

16 Apr 2023

16 Apr 2023RentedNew contract

AED 60,000/yr12 months · AED 127 per sqft

17 Feb 2022

17 Feb 2022RentedNew contract

AED 50,000/yr12 months · AED 106 per sqft

20 Nov 2020

20 Nov 2020RentedNew contract

AED 36,000/yr12 months · AED 76 per sqft

20 Feb 2017

20 Feb 2017Sold by developerOff-plan

AED 1,026,000AED 2,173 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 April 2024.

Key facts

Type: Studio apartment
Size: 472 sqft
Floor: 7th of 19
Parking: nan
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 1.03M · February 2017
Building: Majestine Allure

About 706, Majestine Allure

706 is a studio of 472 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 20 February 2017 for AED 1,026,000, or AED 2,173 per sqft, in line with the AED 2,200 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 30 April 2024, is AED 62,825 a year: a gross yield of 6.1% on the 2017 price.

Sales and rents for 706 over time

Sales

Unit 706, each saleTypical studio in Majestine Allure

706 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 706, each contractTypical studio in Majestine Allure

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 706 sits

All 273 studios →

Studios in Majestine Allure · last 12 months1,761 /sqft Majestine Allure · all types1,702 /sqft

706 last sold in February 2017 at AED 2,173 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,200). 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. 706's AED 62,825 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
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

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 7th floor

All 497 units in Majestine Allure


701	Studio	499 sqft	AED 1.09MAED 1,092,500 · Jul 2015July 2015	65,000 /yr
702	Studio	474 sqft	AED 969KAED 969,150 · Jun 2018June 2018	60,000 /yr
703	Studio	459 sqft	AED 1.05MAED 1,054,500 · Oct 2015October 2015	67,000 /yr
704	Studio	572 sqft	AED 950KAED 950,000 · Jul 2025July 2025	90,000 /yr
705	Studio	489 sqft	AED 1.01MAED 1,005,000 · May 2025May 2025	48,000 /yr
707	1-bed	978 sqft	AED 1.77MAED 1,774,600 · Aug 2014August 2014	100,000 /yr
708	1-bed	890 sqft	AED 1.6MAED 1,604,260 · Apr 2023April 2023	104,000 /yr
709	Studio	617 sqft	AED 970KAED 970,000 · Oct 2023October 2023	55,000 /yr
710	2-bed	1,003 sqft	AED 2.43MAED 2,430,100 · Jan 2016January 2016	127,000 /yr
711	Studio	461 sqft	AED 1.04MAED 1,044,050 · Nov 2014November 2014	68,200 /yr
712	Studio	475 sqft	AED 1.04MAED 1,037,400 · Jan 2015January 2015	71,000 /yr
713	Studio	447 sqft	AED 770KAED 770,000 · Aug 2023August 2023	65,000 /yr
714	2-bed	1,068 sqft	AED 2.36MAED 2,356,000 · Aug 2014August 2014	115,000 /yr
715		1,420 sqft	AED 2.06MAED 2,060,000 · Aug 2025August 2025	160,000 /yr
716	Studio	430 sqft	AED 917KAED 916,750 · Feb 2016February 2016	52,000 /yr
717	1-bed	954 sqft	AED 2.08MAED 2,082,400 · Aug 2014August 2014	108,000 /yr
718	Studio	479 sqft	AED 830KAED 830,000 · Jan 2026January 2026	59,944 /yr
719	Studio	479 sqft	AED 1MAED 1,002,250 · Dec 2014December 2014	84,000 /yr
720	1-bed	896 sqft	AED 1.64MAED 1,637,580 · Feb 2023February 2023
701A	Studio	497 sqft	AED 718KAED 717,800 · Nov 2021November 2021
702A	1-bed	853 sqft	AED 1.6MAED 1,604,550 · Dec 2014December 2014	100,000 /yr
703A	Studio	227 sqft	AED 242KAED 241,581 · Feb 2022February 2022	49,367 /yr
703B	1-bed	820 sqft	AED 1.57MAED 1,570,875 · Aug 2016August 2016	77,616 /yr
704A	1-bed	1,034 sqft	AED 1.93MAED 1,932,000 · Nov 2019November 2019	95,000 /yr
705A	1-bed	1,000 sqft	AED 1.78MAED 1,780,000 · May 2019May 2019	50,000 /yr
706A	1-bed	886 sqft	AED 1.56MAED 1,555,000 · Jan 2019January 2019	78,540 /yr
711A	Studio	461 sqft	AED 840KAED 840,000 · Sep 2024September 2024	70,000 /yr
712A	Studio	457 sqft	AED 948KAED 948,000 · Jul 2015July 2015	70,000 /yr
713A	1-bed	894 sqft	AED 1.53MAED 1,526,840 · Dec 2018December 2018	100,000 /yr
713B	Studio	456 sqft	AED 820KAED 820,000 · Jan 2026January 2026	72,000 /yr
716A	Studio	479 sqft	AED 942KAED 942,000 · Jan 2019January 2019	60,000 /yr
718A	Studio	479 sqft	AED 810KAED 810,000 · Oct 2024October 2024	60,000 /yr
719A	Studio	468 sqft	AED 1.02MAED 1,020,300 · Dec 2014December 2014	60,000 /yr

1–7 of 33

706, Majestine Allure in numbers

Sold once: by Business Tower Investment on 20 February 2017 for AED 1,026,000, or AED 2,173 per sqft.
Rented since November 2020 on 5 Ejari contracts, from AED 36,000 to AED 62,825 a year.
At AED 62,825 a year the gross yield on the 2017 price is 6.1%.
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 30 April 2024.

Questions about 706, Majestine Allure

What did unit 706 last sell for?

AED 1,026,000 on 20 February 2017, sold by the developer: AED 2,173 per sqft for 472 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 62,825 a year on the contract renewed on 30 April 2024. The previous contract, from April 2024, was AED 62,825; the unit has been rented since November 2020.

How big is unit 706?

472 sqft (43.9 sqm): a studio on the 7th floor of a 19-storey tower completed in 2018.

What is unit 706 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 706, Majestine Allure

Starts from the last sale price (AED 1.03M, 20 February 2017). Switch to today's estimate once you have unlocked it.

Price: AED 1,026,000
Deposit, UAE resident (20%): AED 205,200
Deposit, non-resident (40%): AED 410,400
Monthly over 25 years at 3.7%: AED 4,198

Plus AED 48,102 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →