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

1019, Majestine Allure

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1019 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 730K8 June 2023
Current rentAED 50K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1019, Majestine Allure

What is 1019 worth today?

Last sold for AED 730,000 in 2023

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1 Sep 2026RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
19 May 2025RentedNew contract
AED 72,000/yr12 months · AED 149 per sqft
10 Apr 2024RentedNew contract
AED 75,000/yr12 months · AED 157 per sqft
8 Jun 2023SoldReady
AED 730,000AED 1,523 per sqft
1 Jan 2023RentedNew contract
AED 65,000/yr12 months · AED 134 per sqft
16 Sep 2021RentedRenewal
AED 48,000/yr12 months · AED 99 per sqft
16 Sep 2020RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
11 Sep 2019RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
479 sqft
Floor
10th of 19
Parking
P2-41
Developer
Business Tower Investment
Completed
2018
Last sold
AED 730K · June 2023

About 1019, Majestine Allure

1019 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 8 June 2023 for AED 730,000, or AED 1,523 per sqft, in line with the AED 1,523 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 1 September 2026, is AED 50,000 a year: a gross yield of 6.9% on the 2023 price.

Sales and rents for 1019 over time

Sales
Unit 1019, 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, November 2014: AED 1,007,950 (AED 2,103 per sqft)Sold, June 2023: AED 730,000 (AED 1,523 per sqft)

1019 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1019, each contractTypical studio in Majestine Allure
40K60K80K201920222025Typical 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, September 2019: AED 50,000 a yearNew contract, September 2020: AED 40,000 a yearRenewal, September 2021: AED 48,000 a yearNew contract, January 2023: AED 65,000 a yearNew contract, April 2024: AED 75,000 a yearNew contract, May 2025: AED 72,000 a yearNew contract, September 2026: AED 50,000 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 1019 sits

All 283 studios →

1019 last sold in June 2023 at AED 1,523 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 1,523). 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. 1019's AED 50,000 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

1019, Majestine Allure in numbers

  • Sold twice: first on 13 November 2014 for AED 1,007,950, last on 8 June 2023 for AED 730,000 (AED 1,523 per sqft).
  • Rented since September 2019 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 40,000 in 2020 and recovered to AED 50,000 by September 2026.
  • At AED 50,000 a year the gross yield on the 2023 price is 6.9%.
  • 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 1 September 2026.

Questions about 1019, Majestine Allure

What did unit 1019 last sell for?

AED 730,000 on 8 June 2023: AED 1,523 per sqft for 479 sqft. The unit has 2 registered sales; the first was AED 1,007,950 in November 2014.

What is the rent for unit 1019?

AED 50,000 a year on the contract signed on 1 September 2026. The previous contract, from May 2025, was AED 72,000; the unit has been rented since September 2019.

How big is unit 1019?

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

What is unit 1019 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 1019, Majestine Allure

Starts from the last sale price (AED 730K, 8 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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