Studio · 474 sqftMajestine Allure, Business Bay · 11th floor · completed 2018

1102, Majestine Allure

Sold prices and rental history: sold 3 times, last in November 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 27 January 2026
Last soldAED 590K17 November 2021
Current rentAED 65K /yr27 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Majestine Allure

What is 1102 worth today?

Last sold for AED 590,000 in 2021

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27 Jan 2026RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft
23 Dec 2024RentedNew contract
AED 63,000/yr12 months · AED 133 per sqft
22 Dec 2023RentedNew contract
AED 73,000/yr12 months · AED 154 per sqft
19 Dec 2022RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
25 Apr 2022RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft
17 Nov 2021SoldReady
AED 590,000AED 1,244 per sqft
12 Oct 2021RentedNew contract
AED 90,000/yr6 months · AED 190 per sqft
10 Mar 2020RentedNew contract
AED 50,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 27 January 2026.

Key facts

Type
Studio hotel apartment
Size
474 sqft
Floor
11th of 19
Parking
P2-45
Developer
Business Tower Investment
Completed
2018
Last sold
AED 590K · November 2021

About 1102, Majestine Allure

1102 is a studio of 474 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 17 November 2021 for AED 590,000, or AED 1,244 per sqft, 5% below the AED 1,308 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 27 January 2026, is AED 65,000 a year: a gross yield of 11.0% on the 2021 price.

Sales and rents for 1102 over time

Sales
Unit 1102, 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 1,027,900 (AED 2,167 per sqft)Sold, April 2018: AED 778,846 (AED 1,661 per sqft)Sold, November 2021: AED 590,000 (AED 1,244 per sqft)

1102 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1102, each contractTypical studio in Majestine Allure
50K75K20192021202320252027Typical 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, March 2020: AED 50,000 a yearNew contract, October 2021: AED 90,000 a yearNew contract, April 2022: AED 65,000 a yearNew contract, December 2022: AED 60,000 a yearNew contract, December 2023: AED 73,000 a yearNew contract, December 2024: AED 63,000 a yearNew contract, January 2026: 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 1102 sits

All 283 studios →

1102 last sold in November 2021 at AED 1,244 per sqft, 5% below what studios in Majestine Allure were fetching at the time (AED 1,308). 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. 1102'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 11th floor

All 497 units in Majestine Allure
Value
1101StudioAED 720K · May 2023
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

1102, Majestine Allure in numbers

  • Sold 3 times: first on 18 December 2014 for AED 1,027,900, last on 17 November 2021 for AED 590,000 (AED 1,244 per sqft).
  • Rented since March 2020 on 7 Ejari contracts, from AED 50,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2021 price is 11.0%.
  • 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 27 January 2026.

Questions about 1102, Majestine Allure

What did unit 1102 last sell for?

AED 590,000 on 17 November 2021: AED 1,244 per sqft for 474 sqft. The unit has 3 registered sales; the first was AED 1,027,900 in December 2014.

What is the rent for unit 1102?

AED 65,000 a year on the contract signed on 27 January 2026. The previous contract, from December 2024, was AED 63,000; the unit has been rented since March 2020.

How big is unit 1102?

474 sqft (44.0 sqm): a studio on the 11th floor of a 19-storey tower completed in 2018.

What is unit 1102 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 1102, Majestine Allure

Starts from the last sale price (AED 590K, 17 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 590,000
Deposit, UAE resident (20%)
AED 118,000
Deposit, non-resident (40%)
AED 236,000
Monthly over 25 years at 3.7%
AED 2,414

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