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Studio · 461 sqftMajestine Allure, Business Bay · 11th floor · completed 2018

1111, Majestine Allure

Sold prices and rental history: sold once, by the developer in March 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1111 · DLD and Ejari recordsUpdated 21 July 2025
Last soldAED 876K16 March 2023
Current rentAED 60K /yr21 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1111, Majestine Allure

What is 1111 worth today?

Last sold for AED 876,000 in 2023

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21 Jul 2025RentedNew contract
AED 60,000/yr12 months · AED 130 per sqft
21 Jul 2025RentedNew contract
AED 60,000/yr12 months · AED 130 per sqft
8 Apr 2024RentedNew contract
AED 70,000/yr12 months · AED 152 per sqft
2 Aug 2023RentedNew contract
AED 58,000/yr12 months · AED 126 per sqft
16 Mar 2023Sold by developerReady
AED 876,000AED 1,901 per sqft

Source: Dubai Land Department. Updated 21 July 2025.

Key facts

Type
Studio apartment
Size
461 sqft
Floor
11th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 876K · March 2023
Building
Majestine Allure

About 1111, Majestine Allure

1111 is a studio of 461 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 16 March 2023 for AED 876,000, or AED 1,901 per sqft, 36% above the AED 1,397 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 21 July 2025, is AED 60,000 a year: a gross yield of 6.9% on the 2023 price.

Sales and rents for 1111 over time

Sales
Unit 1111, 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, March 2023: AED 876,000 (AED 1,901 per sqft)

1111 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1111, 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, August 2023: AED 58,000 a yearNew contract, April 2024: AED 70,000 a yearNew contract, July 2025: AED 60,000 a yearNew contract, July 2025: 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 1111 sits

All 283 studios →

1111 last sold in March 2023 at AED 1,901 per sqft, 36% above what studios in Majestine Allure were fetching at the time (AED 1,397). 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. 1111'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
1106StudioAED 1M · Dec 2018
11071-bedAED 1.78M · Aug 2014
1–7 of 33

1111, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 16 March 2023 for AED 876,000, or AED 1,901 per sqft.
  • Rented since August 2023 on 4 Ejari contracts, from AED 58,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 6.9%.
  • 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 21 July 2025.

Questions about 1111, Majestine Allure

What did unit 1111 last sell for?

AED 876,000 on 16 March 2023, sold by the developer: AED 1,901 per sqft for 461 sqft. It is the only registered sale of the unit.

What is the rent for unit 1111?

AED 60,000 a year on the contract signed on 21 July 2025. The previous contract, from July 2025, was AED 60,000; the unit has been rented since August 2023.

How big is unit 1111?

461 sqft (42.8 sqm): a studio on the 11th floor of a 19-storey tower completed in 2018.

What is unit 1111 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 1111, Majestine Allure

Starts from the last sale price (AED 876K, 16 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 876,000
Deposit, UAE resident (20%)
AED 175,200
Deposit, non-resident (40%)
AED 350,400
Monthly over 25 years at 3.7%
AED 3,584

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