2-bed · 1,495 sqftMajestine Allure, Business Bay · 10th floor · completed 2018

1005, Majestine Allure

Sold prices and rental history: sold twice, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 6 March 2024
Last soldAED 2.76M6 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Majestine Allure

What is 1005 worth today?

Last sold for AED 2,757,000 in 2024

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6 Mar 2024SoldReady
AED 2,757,000AED 1,844 per sqft
6 Aug 2014Sold by developerOff-plan
AED 2,661,900AED 1,781 per sqft

Source: Dubai Land Department. Updated 6 March 2024.

Key facts

Type
2-bed apartment
Size
1,495 sqft
Floor
10th of 19
Parking
P2-26
Developer
Business Tower Investment
Completed
2018
Last sold
AED 2.76M · March 2024

About 1005, Majestine Allure

1005 is a two-bedroom apartment of 1,495 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 6 March 2024 for AED 2,757,000, or AED 1,844 per sqft, 31% above the AED 1,408 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical two-bed in Majestine Allure
2M3M20142017202020232026Typical sale price by year: 2014 AED 2,455,275; 2015 AED 2,435,800; 2018 AED 1,922,550; 2021 AED 1,300,000; 2022 AED 1,613,740; 2023 AED 2,125,000; 2024 AED 1,805,500; 2025 AED 1,765,000Sold by developer, August 2014: AED 2,661,900 (AED 1,781 per sqft)Sold, March 2024: AED 2,757,000 (AED 1,844 per sqft)

1005 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1005, each contractTypical two-bed in Majestine Allure
75K100K125K20192021202320252027Typical rent by year: 2019 AED 100,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 100,000; 2023 AED 121,319; 2024 AED 130,000; 2025 AED 133,000; 2026 AED 122,500

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

2-beds in Majestine Allure, and where 1005 sits

All 45 2-beds →

1005 last sold in March 2024 at AED 1,844 per sqft, 31% above what two-beds in Majestine Allure were fetching at the time (AED 1,408).

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jun 20251,981,400
28 May 20251,530,000
20 May 20251,800,000
22 Jan 20251,730,000
0 2-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. 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
10062-bedAED 1.9M · Aug 2014
10071-bedAED 1.41M · Oct 2024
10081-bedAED 1.64M · Mar 2023
1–7 of 27

1005, Majestine Allure in numbers

  • Sold twice: first on 6 August 2014 for AED 2,661,900, last on 6 March 2024 for AED 2,757,000 (AED 1,844 per sqft).

Source: Dubai Land Department. Updated 6 March 2024.

Questions about 1005, Majestine Allure

What did unit 1005 last sell for?

AED 2,757,000 on 6 March 2024: AED 1,844 per sqft for 1,495 sqft. The unit has 2 registered sales; the first was AED 2,661,900 in August 2014.

How big is unit 1005?

1,495 sqft (138.9 sqm): a two-bedroom apartment on the 10th floor of a 19-storey tower completed in 2018.

What is unit 1005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1005, Majestine Allure

Starts from the last sale price (AED 2.76M, 6 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,757,000
Deposit, UAE resident (20%)
AED 551,400
Deposit, non-resident (40%)
AED 1,102,800
Monthly over 25 years at 3.7%
AED 11,280

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