Studio · 430 sqftMajestine Allure, Business Bay · 7th floor · completed 2018

716, 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 twice, last in February 2016, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 28 April 2022

Last soldAED 917K7 February 2016

Current rentAED 52K /yr28 April 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 716, Majestine Allure

Today

What is 716 worth today?

Last sold for AED 916,750 in 2016

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28 Apr 2022

28 Apr 2022RentedNew contract

AED 52,000/yr12 months · AED 121 per sqft

1 Apr 2020

1 Apr 2020RentedRenewal

AED 50,000/yr12 months · AED 116 per sqft

7 Feb 2016

7 Feb 2016SoldOff-plan

AED 916,750AED 2,132 per sqft

3 Dec 2014

3 Dec 2014Sold by developerOff-plan

AED 916,750AED 2,132 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 April 2022.

Key facts

Type: Studio apartment
Size: 430 sqft
Floor: 7th of 19
Parking: P1-82
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 917K · February 2016
Building: Majestine Allure

About 716, Majestine Allure

716 is a studio of 430 sqft on the 7th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 7 February 2016 for AED 916,750, or AED 2,132 per sqft, in line with the AED 2,171 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 28 April 2022, is AED 52,000 a year: a gross yield of 5.7% on the 2016 price.

Sales and rents for 716 over time

Sales

Unit 716, each saleTypical studio in Majestine Allure

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

Rents

Unit 716, 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 716 sits

All 273 studios →

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

716 last sold in February 2016 at AED 2,132 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,171). 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. 716's AED 52,000 is at the bottom 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
706	Studio	472 sqft	AED 1.03MAED 1,026,000 · Feb 2017February 2017	62,825 /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
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

716, Majestine Allure in numbers

Sold twice: first on 3 December 2014 for AED 916,750, last on 7 February 2016 for AED 916,750 (AED 2,132 per sqft).
Rented since April 2020 on 2 Ejari contracts, from AED 50,000 to AED 52,000 a year.
At AED 52,000 a year the gross yield on the 2016 price is 5.7%.
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 28 April 2022.

Questions about 716, Majestine Allure

What did unit 716 last sell for?

AED 916,750 on 7 February 2016: AED 2,132 per sqft for 430 sqft. The unit has 2 registered sales; the first was AED 916,750 in December 2014.

What is the rent for unit 716?

AED 52,000 a year on the contract signed on 28 April 2022. The previous contract, from April 2020, was AED 50,000.

How big is unit 716?

430 sqft (39.9 sqm): a studio on the 7th floor of a 19-storey tower completed in 2018.

What is unit 716 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 716, Majestine Allure

Starts from the last sale price (AED 917K, 7 February 2016). Switch to today's estimate once you have unlocked it.

Price: AED 916,750
Deposit, UAE resident (20%): AED 183,350
Deposit, non-resident (40%): AED 366,700
Monthly over 25 years at 3.7%: AED 3,751

Plus AED 43,514 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →