1-bed · 886 sqftMajestine Allure, Business Bay · 11th floor · completed 2018

1106A, Majestine Allure

Sold prices and rental history: sold once, by the developer in November 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106A · DLD and Ejari recordsUpdated 14 November 2018
Last soldAED 1.55M14 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106A, Majestine Allure

What is 1106A worth today?

Last sold for AED 1,552,000 in 2018

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14 Nov 2018Sold by developerReady
AED 1,552,000AED 1,752 per sqft

Source: Dubai Land Department. Updated 14 November 2018.

Key facts

Type
1-bed hotel apartment
Size
886 sqft
Floor
11th of 19
Parking
P2-52
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.55M · November 2018

About 1106A, Majestine Allure

1106A is a one-bedroom hotel apartment of 886 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 14 November 2018 for AED 1,552,000, or AED 1,752 per sqft, in line with the AED 1,743 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1106A over time

Sales
Unit 1106A, each saleTypical one-bed in Majestine Allure
1M1.5M2014201820222026Typical sale price by year: 2014 AED 1,779,350; 2015 AED 1,730,900; 2016 AED 1,719,000; 2017 AED 1,517,000; 2018 AED 1,552,655; 2019 AED 1,677,000; 2020 AED 1,040,000; 2021 AED 912,500; 2022 AED 1,336,500; 2023 AED 1,656,120; 2024 AED 1,320,000; 2025 AED 1,262,500; 2026 AED 1,327,500Sold by developer, November 2018: AED 1,552,000 (AED 1,752 per sqft)

1106A has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1106A, each contractTypical one-bed in Majestine Allure
60K80K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 61,500; 2021 AED 64,000; 2022 AED 75,000; 2023 AED 87,000; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 90,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Majestine Allure, and where 1106A sits

All 147 1-beds →

1106A last sold in November 2018 at AED 1,752 per sqft, in line with what one-beds in Majestine Allure were fetching at the time (AED 1,743). Over the last 12 months one-beds sold for AED 1,250,000 to 1,433,816, around AED 1,426 per sqft, and rent for AED 70,000 to 120,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Aug 20261,250,000
20 Jul 20261,282,931
23 Apr 20261,433,816
6 Apr 20261,305,000
10 1-bed 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
1106StudioAED 1M · Dec 2018
11071-bedAED 1.78M · Aug 2014
1–7 of 33

1106A, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 14 November 2018 for AED 1,552,000, or AED 1,752 per sqft.
  • One-beds in Majestine Allure sold for AED 1,250,000–1,433,816 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 14 November 2018.

Questions about 1106A, Majestine Allure

What did unit 1106A last sell for?

AED 1,552,000 on 14 November 2018, sold by the developer: AED 1,752 per sqft for 886 sqft. It is the only registered sale of the unit.

How big is unit 1106A?

886 sqft (82.3 sqm): a one-bedroom hotel apartment on the 11th floor of a 19-storey tower completed in 2018.

What is unit 1106A worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Majestine Allure sold for AED 1,250,000 to 1,433,816 in the last 12 months, around AED 1,426 per sqft.

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Mortgage on 1106A, Majestine Allure

Starts from the last sale price (AED 1.55M, 14 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,552,000
Deposit, UAE resident (20%)
AED 310,400
Deposit, non-resident (40%)
AED 620,800
Monthly over 25 years at 3.7%
AED 6,350

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