Studio · 479 sqftMajestine Allure, Business Bay · 10th floor · completed 2018

1018, Majestine Allure

Sold prices and rental history: sold twice, last in April 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1018 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 550K21 April 2022
Current rentAED 52K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1018, Majestine Allure

What is 1018 worth today?

Last sold for AED 550,000 in 2022

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10 Jul 2026RentedNew contract
AED 52,000/yr12 months · AED 108 per sqft
12 Jul 2025RentedRenewal
AED 57,000/yr12 months · AED 119 per sqft
12 Jul 2024RentedNew contract
AED 54,000/yr12 months · AED 113 per sqft
12 Jul 2023RentedRenewal
AED 50,000/yr12 months · AED 104 per sqft
12 Jul 2022RentedNew contract
AED 41,400/yr12 months · AED 86 per sqft
21 Apr 2022SoldReady
AED 550,000AED 1,147 per sqft
12 Jul 2021RentedRenewal
AED 36,000/yr12 months · AED 76 per sqft
12 Jul 2020RentedNew contract
AED 36,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
Studio apartment
Size
479 sqft
Floor
10th of 19
Parking
P2-40
Developer
Business Tower Investment
Completed
2018
Last sold
AED 550K · April 2022

About 1018, Majestine Allure

1018 is a studio of 479 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 21 April 2022 for AED 550,000, or AED 1,147 per sqft, 17% below the AED 1,378 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 10 July 2026, is AED 52,000 a year: a gross yield of 9.4% on the 2022 price.

Sales and rents for 1018 over time

Sales
Unit 1018, 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 1,007,950 (AED 2,102 per sqft)Sold, April 2022: AED 550,000 (AED 1,147 per sqft)

1018 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1018, 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, July 2020: AED 36,000 a yearRenewal, July 2021: AED 36,000 a yearNew contract, July 2022: AED 41,400 a yearRenewal, July 2023: AED 50,000 a yearNew contract, July 2024: AED 54,000 a yearRenewal, July 2025: AED 57,000 a yearNew contract, July 2026: AED 52,000 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 1018 sits

All 283 studios →

1018 last sold in April 2022 at AED 1,147 per sqft, 17% below what studios in Majestine Allure were fetching at the time (AED 1,378). 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. 1018's AED 52,000 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

1018, Majestine Allure in numbers

  • Sold twice: first on 3 December 2014 for AED 1,007,950, last on 21 April 2022 for AED 550,000 (AED 1,147 per sqft).
  • Rented since July 2020 on 7 Ejari contracts, from AED 36,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2022 price is 9.4%.
  • 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 10 July 2026.

Questions about 1018, Majestine Allure

What did unit 1018 last sell for?

AED 550,000 on 21 April 2022: AED 1,147 per sqft for 479 sqft. The unit has 2 registered sales; the first was AED 1,007,950 in December 2014.

What is the rent for unit 1018?

AED 52,000 a year on the contract signed on 10 July 2026. The previous contract, from July 2025, was AED 57,000; the unit has been rented since July 2020.

How big is unit 1018?

479 sqft (44.5 sqm): a studio on the 10th floor of a 19-storey tower completed in 2018.

What is unit 1018 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 1018, Majestine Allure

Starts from the last sale price (AED 550K, 21 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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