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Studio · 612 sqftMajestine Allure, Business Bay · 10th floor · completed 2018

1009, Majestine Allure

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

Unit 1009 · DLD and Ejari recordsUpdated 26 September 2025
Last soldAED 900K4 May 2023
Current rentAED 65K /yr26 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1009, Majestine Allure

What is 1009 worth today?

Last sold for AED 900,000 in 2023

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26 Sep 2025RentedNew contract
AED 65,000/yr12 months · AED 106 per sqft
16 Nov 2023RentedNew contract
AED 70,000/yr12 months · AED 114 per sqft
4 May 2023SoldReady
AED 900,000AED 1,471 per sqft
13 Nov 2014Sold by developerOff-plan
AED 1,597,900AED 2,612 per sqft

Source: Dubai Land Department. Updated 26 September 2025.

Key facts

Type
Studio apartment
Size
612 sqft
Floor
10th of 19
Parking
P2-30
Developer
Business Tower Investment
Completed
2018
Last sold
AED 900K · May 2023
Building
Majestine Allure

About 1009, Majestine Allure

1009 is a studio of 612 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 4 May 2023 for AED 900,000, or AED 1,471 per sqft, in line with the AED 1,511 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 26 September 2025, is AED 65,000 a year: a gross yield of 7.2% on the 2023 price.

Sales and rents for 1009 over time

Sales
Unit 1009, each saleTypical studio in Majestine Allure
1M2014201820222026Typical 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, November 2014: AED 1,597,900 (AED 2,612 per sqft)Sold, May 2023: AED 900,000 (AED 1,471 per sqft)

1009 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1009, 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 70,000 a yearNew contract, September 2025: AED 65,000 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 1009 sits

All 283 studios →

1009 last sold in May 2023 at AED 1,471 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 1,511). 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. 1009's AED 65,000 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

1009, Majestine Allure in numbers

  • Sold twice: first on 13 November 2014 for AED 1,597,900, last on 4 May 2023 for AED 900,000 (AED 1,471 per sqft).
  • Rented since November 2023 on 2 Ejari contracts, from AED 70,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 7.2%.
  • 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 26 September 2025.

Questions about 1009, Majestine Allure

What did unit 1009 last sell for?

AED 900,000 on 4 May 2023: AED 1,471 per sqft for 612 sqft. The unit has 2 registered sales; the first was AED 1,597,900 in November 2014.

What is the rent for unit 1009?

AED 65,000 a year on the contract signed on 26 September 2025. The previous contract, from November 2023, was AED 70,000.

How big is unit 1009?

612 sqft (56.9 sqm): a studio on the 10th floor of a 19-storey tower completed in 2018.

What is unit 1009 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 1009, Majestine Allure

Starts from the last sale price (AED 900K, 4 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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