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Studio · 472 sqftMajestine Allure, Business Bay · 8th floor · completed 2018

806, Majestine Allure

Sold prices and rental history: sold twice, last in December 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 20 December 2023
Last soldAED 820K20 December 2023
Current rentAED 63K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Majestine Allure

What is 806 worth today?

Last sold for AED 820,000 in 2023

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20 Dec 2023SoldReady
AED 820,000AED 1,737 per sqft
1 Sep 2022RentedNew contract
AED 63,000/yr12 months · AED 133 per sqft
6 Jan 2021RentedNew contract
AED 51,600/yr12 months · AED 109 per sqft
7 Jun 2017Sold by developerOff-plan
AED 1,026,000AED 2,173 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 December 2023.

Key facts

Type
Studio apartment
Size
472 sqft
Floor
8th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 820K · December 2023
Building
Majestine Allure

About 806, Majestine Allure

806 is a studio of 472 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 20 December 2023 for AED 820,000, or AED 1,737 per sqft, 9% above the AED 1,589 studios in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 September 2022, is AED 63,000 a year: a gross yield of 7.7% on the 2023 price.

Sales and rents for 806 over time

Sales
Unit 806, 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, June 2017: AED 1,026,000 (AED 2,173 per sqft)Sold, December 2023: AED 820,000 (AED 1,737 per sqft)

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

Rents
Unit 806, 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, January 2021: AED 51,600 a yearNew contract, September 2022: AED 63,000 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 806 sits

All 273 studios →

806 last sold in December 2023 at AED 1,737 per sqft, 9% above what studios in Majestine Allure were fetching at the time (AED 1,589). 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. 806's AED 63,000 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
8071-bedAED 1.77M · Aug 2014
808AED 1.35M · Sep 2025
1–7 of 32

806, Majestine Allure in numbers

  • Sold twice: first on 7 June 2017 for AED 1,026,000, last on 20 December 2023 for AED 820,000 (AED 1,737 per sqft).
  • Rented since January 2021 on 2 Ejari contracts, from AED 51,600 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2023 price is 7.7%.
  • 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 20 December 2023.

Questions about 806, Majestine Allure

What did unit 806 last sell for?

AED 820,000 on 20 December 2023: AED 1,737 per sqft for 472 sqft. The unit has 2 registered sales; the first was AED 1,026,000 in June 2017.

What is the rent for unit 806?

AED 63,000 a year on the contract signed on 1 September 2022. The previous contract, from January 2021, was AED 51,600.

How big is unit 806?

472 sqft (43.9 sqm): a studio on the 8th floor of a 19-storey tower completed in 2018.

What is unit 806 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 806, Majestine Allure

Starts from the last sale price (AED 820K, 20 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

Plus AED 39,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →