Studio · 479 sqftMajestine Allure, Business Bay · 9th floor · completed 2018

918, Majestine Allure

Sold prices and rental history: sold once, by the developer in November 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 918 · DLD and Ejari recordsUpdated 31 May 2025
Last soldAED 923K13 November 2018
Current rentAED 52K /yr31 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 918, Majestine Allure

What is 918 worth today?

Last sold for AED 923,160 in 2018

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31 May 2025RentedRenewal
AED 52,000/yr12 months · AED 108 per sqft
31 May 2024RentedRenewal
AED 48,400/yr12 months · AED 101 per sqft
31 May 2023RentedRenewal
AED 44,000/yr12 months · AED 92 per sqft
31 May 2022RentedRenewal
AED 40,700/yr12 months · AED 85 per sqft
31 May 2021RentedNew contract
AED 37,000/yr12 months · AED 77 per sqft
1 Jul 2020RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
1 Apr 2019RentedNew contract
AED 54,000/yr12 months · AED 113 per sqft
13 Nov 2018Sold by developerReady
AED 923,160AED 1,925 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 May 2025.

Key facts

Type
Studio apartment
Size
479 sqft
Floor
9th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 923K · November 2018

About 918, Majestine Allure

918 is a studio of 479 sqft on the 9th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 13 November 2018 for AED 923,160, or AED 1,925 per sqft, 4% below the AED 2,001 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 31 May 2025, is AED 52,000 a year: a gross yield of 5.6% on the 2018 price.

Sales and rents for 918 over time

Sales
Unit 918, 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, November 2018: AED 923,160 (AED 1,925 per sqft)

918 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 918, 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, April 2019: AED 54,000 a yearNew contract, July 2020: AED 40,000 a yearNew contract, May 2021: AED 37,000 a yearRenewal, May 2022: AED 40,700 a yearRenewal, May 2023: AED 44,000 a yearRenewal, May 2024: AED 48,400 a yearRenewal, May 2025: AED 52,000 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 918 sits

All 273 studios →

918 last sold in November 2018 at AED 1,925 per sqft, 4% below what studios in Majestine Allure were fetching at the time (AED 2,001). 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. 918's AED 52,000 is at the bottom 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 94K /yr
Typical yield
7.2%
Majestine Allure, Business Bay: prices, sales and rents →

Other units on the 9th floor

All 497 units in Majestine Allure
Value
901StudioAED 1.18M · Dec 2014
902StudioAED 951K · Oct 2015
903StudioAED 1.02M · Jun 2015
904StudioAED 1.11M · Jul 2025
905StudioAED 1.07M · Jul 2017
906StudioAED 1.03M · May 2017
9071-bedAED 1.98M · Mar 2015
1–7 of 34

918, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 13 November 2018 for AED 923,160, or AED 1,925 per sqft.
  • Rented since April 2019 on 7 Ejari contracts. The rent fell from AED 54,000 to AED 37,000 in 2021 and recovered to AED 52,000 by May 2025.
  • At AED 52,000 a year the gross yield on the 2018 price is 5.6%.
  • 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 31 May 2025.

Questions about 918, Majestine Allure

What did unit 918 last sell for?

AED 923,160 on 13 November 2018, sold by the developer: AED 1,925 per sqft for 479 sqft. It is the only registered sale of the unit.

What is the rent for unit 918?

AED 52,000 a year on the contract renewed on 31 May 2025. The previous contract, from May 2024, was AED 48,400; the unit has been rented since April 2019.

How big is unit 918?

479 sqft (44.5 sqm): a studio on the 9th floor of a 19-storey tower completed in 2018.

What is unit 918 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 918, Majestine Allure

Starts from the last sale price (AED 923K, 13 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 923,160
Deposit, UAE resident (20%)
AED 184,632
Deposit, non-resident (40%)
AED 369,264
Monthly over 25 years at 3.7%
AED 3,777

Plus AED 43,782 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →