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Studio · 472 sqftMajestine Allure, Business Bay · 11th floor · completed 2018

1106, Majestine Allure

Sold prices and rental history: sold once, by the developer in December 2018, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 17 June 2026
Last soldAED 1M17 December 2018
Current rentAED 60K /yr17 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1106, Majestine Allure

What is 1106 worth today?

Last sold for AED 1,000,000 in 2018

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17 Jun 2026RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
13 Apr 2025RentedRenewal
AED 85,000/yr12 months · AED 180 per sqft
13 Apr 2024RentedNew contract
AED 85,000/yr12 months · AED 180 per sqft
17 Dec 2018Sold by developerReady
AED 1,000,000AED 2,119 per sqft

Source: Dubai Land Department. Updated 17 June 2026.

Key facts

Type
Studio apartment
Size
472 sqft
Floor
11th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1M · December 2018
Building
Majestine Allure

About 1106, Majestine Allure

1106 is a studio of 472 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 17 December 2018 for AED 1,000,000, or AED 2,119 per sqft, 8% above the AED 1,970 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 17 June 2026, is AED 60,000 a year: a gross yield of 6.0% on the 2018 price.

Sales and rents for 1106 over time

Sales
Unit 1106, 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 2018: AED 1,000,000 (AED 2,119 per sqft)

1106 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1106, 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, April 2024: AED 85,000 a yearRenewal, April 2025: AED 85,000 a yearNew contract, June 2026: AED 60,000 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 1106 sits

All 283 studios →

1106 last sold in December 2018 at AED 2,119 per sqft, 8% above what studios in Majestine Allure were fetching at the time (AED 1,970). 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. 1106's AED 60,000 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
1103StudioAED 1.06M · Sep 2015
1104StudioAED 880K · Sep 2025
11052-bedAED 1.75M · May 2023
11071-bedAED 1.78M · Aug 2014
11081-bedAED 1.32M · Jan 2018
1–7 of 33

1106, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 17 December 2018 for AED 1,000,000, or AED 2,119 per sqft.
  • Rented since April 2024 on 3 Ejari contracts, from AED 85,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2018 price is 6.0%.
  • 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 17 June 2026.

Questions about 1106, Majestine Allure

What did unit 1106 last sell for?

AED 1,000,000 on 17 December 2018, sold by the developer: AED 2,119 per sqft for 472 sqft. It is the only registered sale of the unit.

What is the rent for unit 1106?

AED 60,000 a year on the contract signed on 17 June 2026. The previous contract, from April 2025, was AED 85,000; the unit has been rented since April 2024.

How big is unit 1106?

472 sqft (43.9 sqm): a studio on the 11th floor of a 19-storey tower completed in 2018.

What is unit 1106 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 1106, Majestine Allure

Starts from the last sale price (AED 1M, 17 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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