Studio · 498 sqftMajestine Allure, Business Bay · 10th floor · completed 2018

1001, Majestine Allure

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 820K24 March 2025
Current rentAED 70K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Majestine Allure

What is 1001 worth today?

Last sold for AED 820,000 in 2025

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15 Dec 2025RentedNew contract
AED 70,000/yr12 months · AED 141 per sqft
21 Nov 2025RentedRenewal
AED 65,000/yr12 months · AED 131 per sqft
24 Mar 2025SoldReady
AED 820,000AED 1,645 per sqft
21 Nov 2024RentedRenewal
AED 65,000/yr12 months · AED 131 per sqft
19 Nov 2023RentedNew contract
AED 64,641/yr12 months · AED 131 per sqft
10 Mar 2015Sold by developerOff-plan
AED 1,102,000AED 2,211 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
Studio apartment
Size
498 sqft
Floor
10th of 19
Parking
P2-21
Developer
Business Tower Investment
Completed
2018
Last sold
AED 820K · March 2025

About 1001, Majestine Allure

1001 is a studio of 498 sqft on the 10th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 24 March 2025 for AED 820,000, or AED 1,645 per sqft, 6% below the AED 1,741 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 15 December 2025, is AED 70,000 a year: a gross yield of 8.5% on the 2025 price.

Sales and rents for 1001 over time

Sales
Unit 1001, 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 1,051,475; 2018 AED 975,051; 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 830,000; 2026 AED 825,000Sold by developer, March 2015: AED 1,102,000 (AED 2,211 per sqft)Sold, March 2025: AED 820,000 (AED 1,645 per sqft)

1001 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1001, 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 57,000New contract, November 2023: AED 64,641 a yearRenewal, November 2024: AED 65,000 a yearRenewal, November 2025: AED 65,000 a yearNew contract, December 2025: AED 70,000 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 1001 sits

All 283 studios →

1001 last sold in March 2025 at AED 1,645 per sqft, 6% below what studios in Majestine Allure were fetching at the time (AED 1,741). Over the last 12 months studios sold for AED 695,000 to 1,000,000, around AED 1,718 per sqft, and rent for AED 40,000 to 96,000 a year. 1001's AED 70,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Sep 2026740,000
20 Aug 2026740,000
25 Jun 2026750,000
9 Jun 2026830,000
18 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. 30 sold in the last 12 months.

Typical price per sqft
AED 1,539 Down 7.3%
Typical sale
AED 894K
Typical rent
AED 70K /yr
Typical yield
7.3%
Majestine Allure, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 497 units in Majestine Allure
Value
1002StudioAED 1.02M · Apr 2015
10033-bedAED 3.23M · Apr 2018
10042-bedAED 1.8M · May 2025
10052-bedAED 2.76M · Mar 2024
10062-bedAED 1.9M · Aug 2014
10071-bedAED 1.41M · Oct 2024
10081-bedAED 1.64M · Mar 2023
1–7 of 27

1001, Majestine Allure in numbers

  • Sold twice: first on 10 March 2015 for AED 1,102,000, last on 24 March 2025 for AED 820,000 (AED 1,645 per sqft).
  • Rented since November 2023 on 4 Ejari contracts, from AED 64,641 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2025 price is 8.5%.
  • Studios in Majestine Allure sold for AED 695,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,539 per sqft.

Source: Dubai Land Department. Updated 15 December 2025.

Questions about 1001, Majestine Allure

What did unit 1001 last sell for?

AED 820,000 on 24 March 2025: AED 1,645 per sqft for 498 sqft. The unit has 2 registered sales; the first was AED 1,102,000 in March 2015.

What is the rent for unit 1001?

AED 70,000 a year on the contract signed on 15 December 2025. The previous contract, from November 2025, was AED 65,000; the unit has been rented since November 2023.

How big is unit 1001?

498 sqft (46.3 sqm): a studio on the 10th floor of a 19-storey tower completed in 2018.

What is unit 1001 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 695,000 to 1,000,000 in the last 12 months, around AED 1,718 per sqft.

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Mortgage on 1001, Majestine Allure

Starts from the last sale price (AED 820K, 24 March 2025). 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →