1-bed · 904 sqftMajestine Allure, Business Bay · 8th floor · completed 2018

816, 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 October 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 816 · DLD and Ejari recordsUpdated 10 October 2025

Last soldAED 2.06M30 October 2014

Current rentAED 86K /yr10 October 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 816, Majestine Allure

Today

What is 816 worth today?

Last sold for AED 2,063,400 in 2014

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10 Oct 2025

10 Oct 2025RentedRenewal

AED 86,000/yr12 months · AED 95 per sqft

10 Oct 2025

10 Oct 2025RentedRenewal

AED 65,000/yr12 months · AED 72 per sqft

10 Oct 2024

10 Oct 2024RentedRenewal

AED 86,000/yr12 months · AED 95 per sqft

1 Sep 2021

1 Sep 2021RentedNew contract

AED 84,000/yr12 months · AED 93 per sqft

30 Oct 2014

30 Oct 2014Sold by developerOff-plan

AED 2,063,400AED 2,283 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2025.

Key facts

Type: 1-bed apartment
Size: 904 sqft
Floor: 8th of 19
Parking: P1-124
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 2.06M · October 2014
Building: Majestine Allure

About 816, Majestine Allure

816 is a one-bedroom apartment of 904 sqft on the 8th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 30 October 2014 for AED 2,063,400, or AED 2,283 per sqft, 17% above the AED 1,947 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 10 October 2025, is AED 86,000 a year: a gross yield of 4.2% on the 2014 price.

Sales and rents for 816 over time

Sales

Unit 816, each saleTypical one-bed in Majestine Allure

816 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 816, each contractTypical one-bed in Majestine Allure

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Majestine Allure, and where 816 sits

All 142 1-beds →

1-beds in Majestine Allure · last 12 months1,494 /sqft Majestine Allure · all types1,702 /sqft

816 last sold in October 2014 at AED 2,283 per sqft, 17% above what one-beds in Majestine Allure were fetching at the time (AED 1,947). Over the last 12 months one-beds sold for AED 1,250,000 to 1,350,000, around AED 1,494 per sqft, and rent for AED 84,000 to 120,000 a year. 816's AED 86,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
16 Jan 202616 January 2026	894 sqft	1,350,000	1,510
24 Jul 202524 July 2025	853 sqft	1,180,000	1,382
22 Jul 202522 July 2025	786 sqft	1,275,000	1,621
16 Jul 202516 July 2025	1,000 sqft	1,250,000	1,250

3 1-bed 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 8th floor

All 497 units in Majestine Allure


801	Studio	499 sqft	AED 640KAED 640,000 · Sep 2022September 2022	56,000 /yr
802	Studio	474 sqft	AED 690KAED 690,000 · Nov 2022November 2022	65,000 /yr
803	Studio	459 sqft	AED 765KAED 765,000 · Mar 2023March 2023	72,000 /yr
804		1,608 sqft	AED 2.96MAED 2,959,000 · Aug 2023August 2023	120,000 /yr
805		489 sqft	AED 740KAED 740,000 · Nov 2025November 2025	80,000 /yr
806	Studio	472 sqft	AED 820KAED 820,000 · Dec 2023December 2023	63,000 /yr
807	1-bed	978 sqft	AED 1.77MAED 1,774,600 · Aug 2014August 2014	95,000 /yr
808		890 sqft	AED 1.35MAED 1,350,000 · Sep 2025September 2025	100,000 /yr
809	Studio	616 sqft	AED 860KAED 860,000 · May 2019May 2019	75,000 /yr
810	2-bed	1,242 sqft	AED 1.53MAED 1,530,000 · May 2025May 2025	140,000 /yr
811	Studio	461 sqft	AED 1.04MAED 1,044,050 · Dec 2014December 2014	57,301 /yr
812	Studio	475 sqft	AED 1MAED 1,000,000 · Mar 2015March 2015	65,000 /yr
813	Studio	447 sqft	AED 770KAED 770,000 · Jul 2023July 2023	65,000 /yr
814	2-bed	1,068 sqft	AED 2.07MAED 2,066,400 · Oct 2014October 2014	126,000 /yr
815	3-bed	1,420 sqft	AED 2.5MAED 2,500,000 · Dec 2024December 2024	126,500 /yr
817	Studio	481 sqft	AED 810KAED 810,000 · Oct 2024October 2024	65,000 /yr
818	Studio	479 sqft	AED 1MAED 1,002,250 · Dec 2014December 2014	48,000 /yr
819	Studio	479 sqft	AED 1MAED 1,002,250 · Dec 2014December 2014	50,000 /yr
820	1-bed	896 sqft	AED 1.64MAED 1,639,540 · Jan 2023January 2023	92,000 /yr
801A	Studio	497 sqft	AED 953KAED 953,000 · Sep 2024September 2024
802A	1-bed	853 sqft	AED 1.6MAED 1,604,550 · Dec 2014December 2014	90,000 /yr
803A	Studio	453 sqft	AED 610KAED 610,000 · May 2022May 2022	65,000 /yr
803B	1-bed	820 sqft	AED 1.7MAED 1,700,970 · Aug 2016August 2016	95,000 /yr
805A	1-bed	1,000 sqft	AED 1.25MAED 1,250,000 · Jul 2025July 2025	105,000 /yr
806A	1-bed	885 sqft	AED 1.38MAED 1,378,000 · Feb 2022February 2022	100,000 /yr
811A	Studio	461 sqft	AED 1MAED 1,000,000 · Apr 2015April 2015	68,000 /yr
812A		457 sqft	AED 810KAED 810,000 · Oct 2025October 2025	70,000 /yr
813A	1-bed	892 sqft	AED 1.36MAED 1,360,000 · Dec 2023December 2023	90,000 /yr
813B	Studio	456 sqft	AED 1.01MAED 1,008,900 · Sep 2015September 2015	60,000 /yr
817A	Studio	478 sqft	AED 860KAED 860,000 · Jan 2026January 2026	65,000 /yr
818A	Studio	479 sqft	AED 1.05MAED 1,052,600 · Dec 2014December 2014	36,500 /yr
819A	Studio	468 sqft	AED 1.01MAED 1,012,700 · Dec 2014December 2014	65,000 /yr

1–7 of 32

816, Majestine Allure in numbers

Sold once: by Business Tower Investment on 30 October 2014 for AED 2,063,400, or AED 2,283 per sqft.
Rented since September 2021 on 4 Ejari contracts. The rent fell from AED 84,000 to AED 65,000 in 2025 and recovered to AED 86,000 by October 2025.
At AED 86,000 a year the gross yield on the 2014 price is 4.2%.
One-beds in Majestine Allure sold for AED 1,250,000–1,350,000 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 10 October 2025.

Questions about 816, Majestine Allure

What did unit 816 last sell for?

AED 2,063,400 on 30 October 2014, sold by the developer: AED 2,283 per sqft for 904 sqft. It is the only registered sale of the unit.

What is the rent for unit 816?

AED 86,000 a year on the contract renewed on 10 October 2025. The previous contract, from October 2025, was AED 65,000; the unit has been rented since September 2021.

How big is unit 816?

904 sqft (84.0 sqm): a one-bedroom apartment on the 8th floor of a 19-storey tower completed in 2018.

What is unit 816 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Majestine Allure sold for AED 1,250,000 to 1,350,000 in the last 12 months, around AED 1,494 per sqft.

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Mortgage on 816, Majestine Allure

Starts from the last sale price (AED 2.06M, 30 October 2014). Switch to today's estimate once you have unlocked it.

Price: AED 2,063,400
Deposit, UAE resident (20%): AED 412,680
Deposit, non-resident (40%): AED 825,360
Monthly over 25 years at 3.7%: AED 8,442

Plus AED 91,673 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →