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Sold for AED 814,000: Studio Apartment in Majestine

Located in Business Bay, Dubai. Its price per sqft is +11% vs the Majestine median (AED 1,539/sqft).

All Business Bay salesMajestine prices

Sale price

AED 814,000

Per sqft
AED 1,716
Registered
1 Feb 2026, 11:21 (Dubai)

01 / Price history

This unit's history

This is the only registration of this unit on record (same layout, exact size and parking bay P1-33).

Comparable sales

02 / The property

Property details

Size
474 sqft · 44.07 m²
Bedrooms
Studio
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
P1-33
Nearest metro
Buj Khalifa Dubai Mall Metro Station
Nearest mall
Dubai Mall
Nearest landmark
Downtown Dubai

03 / Comparables

All sales in Majestine (16 Jan 2026 – 15 Sept 2026)

24 market sales. Percentages compare each sale with this one.

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Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
15 Sept 2026740K−9% vs selected1,557−9% vs selected
20 Aug 2026740K−9% vs selected1,7220% vs selected
18 Aug 20261.25M+54% vs selected1,243−28% vs selected
20 Jul 20261.28M+58% vs selected1,342−22% vs selected
25 Jun 2026750K−8% vs selected1,522−11% vs selected
9 Jun 2026830K+2% vs selected1,346−22% vs selected
23 Apr 20261.43M+76% vs selected1,387−19% vs selected
21 Apr 2026887.32K+9% vs selected1,450−16% vs selected
7 Apr 2026820K+1% vs selected1,706−1% vs selected
6 Apr 20261.31M+60% vs selected1,382−19% vs selected
6 Apr 2026695K−15% vs selected1,450−16% vs selected
6 Apr 20261.85M+127% vs selected1,302−24% vs selected
30 Mar 2026825K+1% vs selected1,791+4% vs selected
30 Mar 20261.35M+66% vs selected1,511−12% vs selected
12 Mar 20261.28M+57% vs selected1,329−23% vs selected
4 Mar 2026900K+11% vs selected1,826+6% vs selected
27 Feb 20261M+23% vs selected2,087+22% vs selected
27 Feb 20261.43M+76% vs selected1,676−2% vs selected
Studio · 474 sqftReadySelected sale
1 Feb 2026814K1,716
29 Jan 2026830K+2% vs selected1,734+1% vs selected
27 Jan 2026820K+1% vs selected1,800+5% vs selected
27 Jan 2026860K+6% vs selected1,798+5% vs selected
21 Jan 2026930K+14% vs selected1,957+14% vs selected
16 Jan 20261.35M+66% vs selected1,511−12% vs selected

04 / Renting it out

What similar apartments rent for

Median of 11 market rents of apartments of 403–546 sq ft in Majestine. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 55,000
Per sqft / yr
AED 120/sqft
Gross yield
6.8%