Studio · 459 sqftMajestine Allure, Business Bay · 11th floor · completed 2018

1103, Majestine Allure

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 28 February 2026
Last soldAED 1.06M27 September 2015
Current rentAED 65K /yr28 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Majestine Allure

What is 1103 worth today?

Last sold for AED 1,059,250 in 2015

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28 Feb 2026RentedRenewal
AED 65,000/yr12 months · AED 142 per sqft
28 Feb 2025RentedRenewal
AED 65,000/yr12 months · AED 142 per sqft
28 Feb 2024RentedRenewal
AED 65,000/yr12 months · AED 142 per sqft
28 Feb 2023RentedNew contract
AED 58,000/yr12 months · AED 126 per sqft
27 Jan 2022RentedRenewal
AED 50,000/yr12 months · AED 109 per sqft
27 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 87 per sqft
27 Jan 2019RentedNew contract
AED 65,000/yr12 months · AED 140 per sqft
27 Sep 2015Sold by developerOff-plan
AED 1,059,250AED 2,306 per sqft

Source: Dubai Land Department. Updated 28 February 2026.

Key facts

Type
Studio apartment
Size
459 sqft
Floor
11th of 19
Parking
P2-47
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.06M · September 2015

About 1103, Majestine Allure

1103 is a studio of 459 sqft on the 11th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 27 September 2015 for AED 1,059,250, or AED 2,306 per sqft, 7% above the AED 2,152 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 28 February 2026, is AED 65,000 a year: a gross yield of 6.1% on the 2015 price.

Sales and rents for 1103 over time

Sales
Unit 1103, 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, September 2015: AED 1,059,250 (AED 2,306 per sqft)

1103 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1103, 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, January 2019: AED 65,000 a yearNew contract, January 2021: AED 40,000 a yearRenewal, January 2022: AED 50,000 a yearNew contract, February 2023: AED 58,000 a yearRenewal, February 2024: AED 65,000 a yearRenewal, February 2025: AED 65,000 a yearRenewal, February 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 1103 sits

All 283 studios →

1103 last sold in September 2015 at AED 2,306 per sqft, 7% above what studios in Majestine Allure were fetching at the time (AED 2,152). 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. 1103'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
1102StudioAED 590K · Nov 2021
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

1103, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 27 September 2015 for AED 1,059,250, or AED 2,306 per sqft.
  • Rented since January 2019 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 40,000 in 2021 and recovered to AED 65,000 by February 2026.
  • At AED 65,000 a year the gross yield on the 2015 price is 6.1%.
  • 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 28 February 2026.

Questions about 1103, Majestine Allure

What did unit 1103 last sell for?

AED 1,059,250 on 27 September 2015, sold by the developer: AED 2,306 per sqft for 459 sqft. It is the only registered sale of the unit.

What is the rent for unit 1103?

AED 65,000 a year on the contract renewed on 28 February 2026. The previous contract, from February 2025, was AED 65,000; the unit has been rented since January 2019.

How big is unit 1103?

459 sqft (42.6 sqm): a studio on the 11th floor of a 19-storey tower completed in 2018.

What is unit 1103 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 1103, Majestine Allure

Starts from the last sale price (AED 1.06M, 27 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,059,250
Deposit, UAE resident (20%)
AED 211,850
Deposit, non-resident (40%)
AED 423,700
Monthly over 25 years at 3.7%
AED 4,334

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