Studio · 453 sqftMajestine Allure, Business Bay · 8th floor · completed 2018

803A, Majestine Allure

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

Unit 803A · DLD and Ejari recordsUpdated 17 October 2025
Last soldAED 610K31 May 2022
Current rentAED 65K /yr17 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803A, Majestine Allure

What is 803A worth today?

Last sold for AED 610,000 in 2022

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17 Oct 2025RentedNew contract
AED 65,000/yr12 months · AED 144 per sqft
25 Mar 2024RentedRenewal
AED 63,000/yr12 months · AED 139 per sqft
25 Mar 2023RentedNew contract
AED 63,000/yr12 months · AED 139 per sqft
31 May 2022SoldReady
AED 610,000AED 1,346 per sqft
1 Aug 2021RentedRenewal
AED 44,000/yr12 months · AED 97 per sqft
1 Aug 2020RentedRenewal
AED 44,000/yr12 months · AED 97 per sqft
1 Aug 2019RentedNew contract
AED 50,000/yr12 months · AED 111 per sqft
29 Oct 2015Sold by developerOff-plan
AED 991,800AED 2,188 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 October 2025.

Key facts

Type
Studio apartment
Size
453 sqft
Floor
8th of 19
Parking
P1-108
Developer
Business Tower Investment
Completed
2018
Last sold
AED 610K · May 2022

About 803A, Majestine Allure

803A is a studio of 453 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 31 May 2022 for AED 610,000, or AED 1,346 per sqft, in line with the AED 1,313 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 17 October 2025, is AED 65,000 a year: a gross yield of 10.7% on the 2022 price.

Sales and rents for 803A over time

Sales
Unit 803A, 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, October 2015: AED 991,800 (AED 2,188 per sqft)Sold, May 2022: AED 610,000 (AED 1,346 per sqft)

803A has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 803A, 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, August 2019: AED 50,000 a yearRenewal, August 2020: AED 44,000 a yearRenewal, August 2021: AED 44,000 a yearNew contract, March 2023: AED 63,000 a yearRenewal, March 2024: AED 63,000 a yearNew contract, October 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 803A sits

All 273 studios →

803A last sold in May 2022 at AED 1,346 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 1,313). 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. 803A'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. 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 8th floor

All 497 units in Majestine Allure
Value
801StudioAED 640K · Sep 2022
802StudioAED 690K · Nov 2022
803StudioAED 765K · Mar 2023
804AED 2.96M · Aug 2023
805AED 740K · Nov 2025
806StudioAED 820K · Dec 2023
8071-bedAED 1.77M · Aug 2014
1–7 of 32

803A, Majestine Allure in numbers

  • Sold twice: first on 29 October 2015 for AED 991,800, last on 31 May 2022 for AED 610,000 (AED 1,346 per sqft).
  • Rented since August 2019 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 44,000 in 2021 and recovered to AED 65,000 by October 2025.
  • At AED 65,000 a year the gross yield on the 2022 price is 10.7%.
  • 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 1,715 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 17 October 2025.

Questions about 803A, Majestine Allure

What did unit 803A last sell for?

AED 610,000 on 31 May 2022: AED 1,346 per sqft for 453 sqft. The unit has 2 registered sales; the first was AED 991,800 in October 2015.

What is the rent for unit 803A?

AED 65,000 a year on the contract signed on 17 October 2025. The previous contract, from March 2024, was AED 63,000; the unit has been rented since August 2019.

How big is unit 803A?

453 sqft (42.1 sqm): a studio on the 8th floor of a 19-storey tower completed in 2018.

What is unit 803A 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 803A, Majestine Allure

Starts from the last sale price (AED 610K, 31 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

Plus AED 30,630 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →