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Studio · 499 sqftMajestine Allure, Business Bay · 11th floor · completed 2018

1101, Majestine Allure

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 31 July 2026
Last soldAED 720K18 May 2023
Current rentAED 55K /yr31 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1101, Majestine Allure

What is 1101 worth today?

Last sold for AED 720,000 in 2023

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31 Jul 2026RentedNew contract
AED 55,000/yr12 months · AED 111 per sqft
30 Jun 2025RentedNew contract
AED 62,000/yr12 months · AED 125 per sqft
22 Jun 2024RentedNew contract
AED 65,000/yr12 months · AED 131 per sqft
6 Dec 2023RentedNew contract
AED 68,000/yr12 months · AED 137 per sqft
18 May 2023SoldReady
AED 720,000AED 1,443 per sqft
1 May 2023RentedNew contract
AED 53,000/yr6 months · AED 106 per sqft
1 May 2022RentedNew contract
AED 50,000/yr12 months · AED 101 per sqft
16 Aug 2021Sold by developerReady
AED 753,690AED 1,511 per sqft

Source: Dubai Land Department. Updated 31 July 2026.

Key facts

Type
Studio apartment
Size
499 sqft
Floor
11th of 19
Parking
P2-43
Developer
Business Tower Investment
Completed
2018
Last sold
AED 720K · May 2023
Building
Majestine Allure

About 1101, Majestine Allure

1101 is a studio of 499 sqft on the 11th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 18 May 2023 for AED 720,000, or AED 1,443 per sqft, 5% below the AED 1,512 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 31 July 2026, is AED 55,000 a year: a gross yield of 7.6% on the 2023 price.

Sales and rents for 1101 over time

Sales
Unit 1101, 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, August 2021: AED 753,690 (AED 1,511 per sqft)Sold, May 2023: AED 720,000 (AED 1,443 per sqft)

1101 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1101, 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, May 2022: AED 50,000 a yearNew contract, May 2023: AED 53,000 a yearNew contract, December 2023: AED 68,000 a yearNew contract, June 2024: AED 65,000 a yearNew contract, June 2025: AED 62,000 a yearNew contract, July 2026: AED 55,000 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 1101 sits

All 283 studios →

1101 last sold in May 2023 at AED 1,443 per sqft, 5% below what studios in Majestine Allure were fetching at the time (AED 1,512). 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. 1101's AED 55,000 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 11th floor

All 497 units in Majestine Allure
Value
1102StudioAED 590K · Nov 2021
1103StudioAED 1.06M · Sep 2015
1104StudioAED 880K · Sep 2025
11052-bedAED 1.75M · May 2023
1106StudioAED 1M · Dec 2018
11071-bedAED 1.78M · Aug 2014
11081-bedAED 1.32M · Jan 2018
1–7 of 33

1101, Majestine Allure in numbers

  • Sold twice: first on 16 August 2021 for AED 753,690, last on 18 May 2023 for AED 720,000 (AED 1,443 per sqft).
  • Rented since May 2022 on 6 Ejari contracts, from AED 50,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 7.6%.
  • 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 31 July 2026.

Questions about 1101, Majestine Allure

What did unit 1101 last sell for?

AED 720,000 on 18 May 2023: AED 1,443 per sqft for 499 sqft. The unit has 2 registered sales; the first was AED 753,690 in August 2021.

What is the rent for unit 1101?

AED 55,000 a year on the contract signed on 31 July 2026. The previous contract, from June 2025, was AED 62,000; the unit has been rented since May 2022.

How big is unit 1101?

499 sqft (46.4 sqm): a studio on the 11th floor of a 19-storey tower completed in 2018.

What is unit 1101 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 1101, Majestine Allure

Starts from the last sale price (AED 720K, 18 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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