Studio · 474 sqftMajestine Allure, Business Bay · 8th floor · completed 2018

802, Majestine Allure

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 17 April 2025
Last soldAED 690K30 November 2022
Current rentAED 65K /yr17 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Majestine Allure

What is 802 worth today?

Last sold for AED 690,000 in 2022

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17 Apr 2025RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft
30 Nov 2022SoldReady
AED 690,000AED 1,454 per sqft
1 Oct 2022RentedRenewal
AED 50,000/yr12 months · AED 105 per sqft
1 Oct 2021RentedRenewal
AED 46,800/yr12 months · AED 99 per sqft
1 Mar 2019RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
3 Dec 2014Sold by developerOff-plan
AED 1,012,700AED 2,135 per sqft

Source: Dubai Land Department. Updated 17 April 2025.

Key facts

Type
Studio hotel apartment
Size
474 sqft
Floor
8th of 19
Parking
P1-105
Developer
Business Tower Investment
Completed
2018
Last sold
AED 690K · November 2022

About 802, Majestine Allure

802 is a studio of 474 sqft on the 8th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 30 November 2022 for AED 690,000, or AED 1,454 per sqft, 9% above the AED 1,328 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 17 April 2025, is AED 65,000 a year: a gross yield of 9.4% on the 2022 price.

Sales and rents for 802 over time

Sales
Unit 802, each saleTypical studio in Majestine Allure
500K1M2014201820222026Typical sale price by year: 2014 AED 1,012,700; 2015 AED 1,008,900; 2016 AED 1,021,725; 2017 AED 1,059,250; 2018 AED 979,976; 2019 AED 931,000; 2020 AED 490,000; 2021 AED 630,000; 2022 AED 650,000; 2023 AED 770,000; 2024 AED 820,000; 2025 AED 840,000; 2026 AED 830,000Sold by developer, December 2014: AED 1,012,700 (AED 2,135 per sqft)Sold, November 2022: AED 690,000 (AED 1,454 per sqft)

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

Rents
Unit 802, each contractTypical studio in Majestine Allure
40K60K20192021202320252027Typical rent by year: 2019 AED 50,000; 2020 AED 40,000; 2021 AED 40,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 65,000; 2025 AED 65,000; 2026 AED 70,000New contract, March 2019: AED 60,000 a yearRenewal, October 2021: AED 46,800 a yearRenewal, October 2022: AED 50,000 a yearNew contract, April 2025: AED 65,000 a year

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 802 sits

All 273 studios →

802 last sold in November 2022 at AED 1,454 per sqft, 9% above what studios in Majestine Allure were fetching at the time (AED 1,328). 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. 802's AED 65,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Feb 2026814,000
29 Jan 2026830,000
27 Jan 2026860,000
27 Jan 2026820,000
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 93K /yr
Typical yield
7.2%
Majestine Allure, Business Bay: prices, sales and rents →

Other units on the 8th floor

All 497 units in Majestine Allure
Value
801StudioAED 640K · Sep 2022
803StudioAED 765K · Mar 2023
804AED 2.96M · Aug 2023
805AED 740K · Nov 2025
806StudioAED 820K · Dec 2023
8071-bedAED 1.77M · Aug 2014
808AED 1.35M · Sep 2025
1–7 of 32

802, Majestine Allure in numbers

  • Sold twice: first on 3 December 2014 for AED 1,012,700, last on 30 November 2022 for AED 690,000 (AED 1,454 per sqft).
  • Rented since March 2019 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 46,800 in 2021 and recovered to AED 65,000 by April 2025.
  • At AED 65,000 a year the gross yield on the 2022 price is 9.4%.
  • 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: Dubai Land Department. Updated 17 April 2025.

Questions about 802, Majestine Allure

What did unit 802 last sell for?

AED 690,000 on 30 November 2022: AED 1,454 per sqft for 474 sqft. The unit has 2 registered sales; the first was AED 1,012,700 in December 2014.

What is the rent for unit 802?

AED 65,000 a year on the contract signed on 17 April 2025. The previous contract, from October 2022, was AED 50,000; the unit has been rented since March 2019.

How big is unit 802?

474 sqft (44.0 sqm): a studio on the 8th floor of a 19-storey tower completed in 2018.

What is unit 802 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 802, Majestine Allure

Starts from the last sale price (AED 690K, 30 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →