Studio · 497 sqftMajestine Allure, Business Bay · 10th floor · completed 2018

1001A, Majestine Allure

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001A · DLD and Ejari recordsUpdated 12 September 2026
Last soldAED 750K2 January 2024
Current rentAED 56K /yr12 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001A, Majestine Allure

What is 1001A worth today?

Last sold for AED 750,000 in 2024

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12 Sep 2026RentedRenewal
AED 56,000/yr3 months · AED 113 per sqft
12 Sep 2025RentedNew contract
AED 65,000/yr12 months · AED 131 per sqft
1 Sep 2025RentedRenewal
AED 55,000/yr12 months · AED 111 per sqft
1 Sep 2024RentedNew contract
AED 67,000/yr12 months · AED 135 per sqft
2 Jan 2024SoldReady
AED 750,000AED 1,510 per sqft
15 Jul 2023RentedRenewal
AED 45,000/yr12 months · AED 91 per sqft
15 Jul 2022RentedRenewal
AED 41,000/yr12 months · AED 83 per sqft
15 Jul 2021RentedRenewal
AED 45,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 12 September 2026.

Key facts

Type
Studio hotel apartment
Size
497 sqft
Floor
10th of 19
Parking
P2-22
Developer
Business Tower Investment
Completed
2018
Last sold
AED 750K · January 2024

About 1001A, Majestine Allure

1001A is a studio of 497 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 2 January 2024 for AED 750,000, or AED 1,510 per sqft, 6% below the AED 1,608 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 12 September 2026, is AED 56,000 a year: a gross yield of 7.5% on the 2024 price.

Sales and rents for 1001A over time

Sales
Unit 1001A, 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, December 2014: AED 1,102,000 (AED 2,219 per sqft)Sold, January 2024: AED 750,000 (AED 1,510 per sqft)

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

Rents
Unit 1001A, each contractTypical studio in Majestine Allure
40K60K201920222025Typical 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, May 2019: AED 52,000 a yearNew contract, July 2020: AED 45,000 a yearRenewal, July 2021: AED 45,000 a yearRenewal, July 2022: AED 41,000 a yearRenewal, July 2023: AED 45,000 a yearNew contract, September 2024: AED 67,000 a yearNew contract, September 2025: AED 65,000 a yearRenewal, September 2025: AED 55,000 a yearRenewal, September 2026: AED 56,000 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 1001A sits

All 283 studios →

1001A last sold in January 2024 at AED 1,510 per sqft, 6% below what studios in Majestine Allure were fetching at the time (AED 1,608). 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. 1001A's AED 56,000 is in the lower 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
1001StudioAED 820K · Mar 2025
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
1–7 of 27

1001A, Majestine Allure in numbers

  • Sold twice: first on 9 December 2014 for AED 1,102,000, last on 2 January 2024 for AED 750,000 (AED 1,510 per sqft).
  • Rented since May 2019 on 9 Ejari contracts. The rent fell from AED 52,000 to AED 41,000 in 2022 and recovered to AED 56,000 by September 2026.
  • At AED 56,000 a year the gross yield on the 2024 price is 7.5%.
  • 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 12 September 2026.

Questions about 1001A, Majestine Allure

What did unit 1001A last sell for?

AED 750,000 on 2 January 2024: AED 1,510 per sqft for 497 sqft. The unit has 2 registered sales; the first was AED 1,102,000 in December 2014.

What is the rent for unit 1001A?

AED 56,000 a year on the contract renewed on 12 September 2026. The previous contract, from September 2025, was AED 65,000; the unit has been rented since May 2019.

How big is unit 1001A?

497 sqft (46.2 sqm): a studio on the 10th floor of a 19-storey tower completed in 2018.

What is unit 1001A 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 1001A, Majestine Allure

Starts from the last sale price (AED 750K, 2 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →