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

1018A, Majestine Allure

Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1018A · DLD and Ejari recordsUpdated 18 June 2026
Last soldAED 985K21 June 2018
Current rentAED 48K /yr18 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1018A, Majestine Allure

What is 1018A worth today?

Last sold for AED 984,900 in 2018

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18 Jun 2026RentedNew contract
AED 48,000/yr12 months · AED 99 per sqft
11 May 2025RentedNew contract
AED 65,000/yr12 months · AED 136 per sqft
31 Mar 2024RentedRenewal
AED 58,000/yr12 months · AED 121 per sqft
31 Mar 2023RentedNew contract
AED 58,000/yr12 months · AED 121 per sqft
1 Mar 2022RentedNew contract
AED 50,000/yr12 months · AED 104 per sqft
27 Dec 2020RentedNew contract
AED 36,000/yr12 months · AED 75 per sqft
1 Dec 2019RentedNew contract
AED 50,000/yr12 months · AED 104 per sqft
21 Jun 2018Sold by developerOff-plan
AED 984,900AED 2,055 per sqft

Source: Dubai Land Department. Updated 18 June 2026.

Key facts

Type
Studio apartment
Size
479 sqft
Floor
10th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 985K · June 2018

About 1018A, Majestine Allure

1018A 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. The developer sold it on 21 June 2018 for AED 984,900, or AED 2,055 per sqft, in line with the AED 2,061 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 18 June 2026, is AED 48,000 a year: a gross yield of 4.9% on the 2018 price.

Sales and rents for 1018A over time

Sales
Unit 1018A, 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, June 2018: AED 984,900 (AED 2,055 per sqft)

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

Rents
Unit 1018A, 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, December 2019: AED 50,000 a yearNew contract, December 2020: AED 36,000 a yearNew contract, March 2022: AED 50,000 a yearNew contract, March 2023: AED 58,000 a yearRenewal, March 2024: AED 58,000 a yearNew contract, May 2025: AED 65,000 a yearNew contract, June 2026: AED 48,000 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 1018A sits

All 283 studios →

1018A last sold in June 2018 at AED 2,055 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,061). 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. 1018A's AED 48,000 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

1018A, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 21 June 2018 for AED 984,900, or AED 2,055 per sqft.
  • Rented since December 2019 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 36,000 in 2020 and recovered to AED 48,000 by June 2026.
  • At AED 48,000 a year the gross yield on the 2018 price is 4.9%.
  • 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 18 June 2026.

Questions about 1018A, Majestine Allure

What did unit 1018A last sell for?

AED 984,900 on 21 June 2018, sold by the developer: AED 2,055 per sqft for 479 sqft. It is the only registered sale of the unit.

What is the rent for unit 1018A?

AED 48,000 a year on the contract signed on 18 June 2026. The previous contract, from May 2025, was AED 65,000; the unit has been rented since December 2019.

How big is unit 1018A?

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

What is unit 1018A 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 1018A, Majestine Allure

Starts from the last sale price (AED 985K, 21 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 984,900
Deposit, UAE resident (20%)
AED 196,980
Deposit, non-resident (40%)
AED 393,960
Monthly over 25 years at 3.7%
AED 4,030

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