1117, Majestine Allure
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1117, Majestine Allure
What is 1117 worth today?
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Source: Dubai Land Department. Updated 26 December 2023.
Key facts
- Type
- Studio apartment
- Size
- 481 sqft
- Floor
- 11th of 19
- Parking
- P2-66
- Developer
- Business Tower Investment
- Completed
- 2018
- Last sold
- AED 840K · December 2023
- Building
- Majestine Allure
About 1117, Majestine Allure
1117 is a studio of 481 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 26 December 2023 for AED 840,000, or AED 1,747 per sqft, 9% above the AED 1,610 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 December 2022, is AED 55,000 a year: a gross yield of 6.6% on the 2023 price.
Sales and rents for 1117 over time
1117 has sold twice; the dashed line is the studio median of each year in the building.
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 1117 sits
All 283 studios →1117 last sold in December 2023 at AED 1,747 per sqft, 9% above what studios in Majestine Allure were fetching at the time (AED 1,610). 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. 1117's AED 55,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Sep 202615 September 2026 | 475 sqft | 740,000 | 1,557 | ||
| 20 Aug 202620 August 2026 | 430 sqft | 740,000 | 1,721 | ||
| 25 Jun 202625 June 2026 | 493 sqft | 750,000 | 1,521 | ||
| 9 Jun 20269 June 2026 | 617 sqft | 830,000 | 1,346 |
Majestine Allure
Building497 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%
Other units on the 11th floor
All 497 units in Majestine Allure| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | Studio | 499 sqft | AED 720KAED 720,000 · May 2023May 2023 | 55,000 /yr | |
| 1102 | Studio | 474 sqft | AED 590KAED 590,000 · Nov 2021November 2021 | 65,000 /yr | |
| 1103 | Studio | 459 sqft | AED 1.06MAED 1,059,250 · Sep 2015September 2015 | 65,000 /yr | |
| 1104 | Studio | 572 sqft | AED 880KAED 880,000 · Sep 2025September 2025 | 70,000 /yr | |
| 1105 | 2-bed | 1,493 sqft | AED 1.75MAED 1,750,000 · May 2023May 2023 | 160,000 /yr | |
| 1106 | Studio | 472 sqft | AED 1MAED 1,000,000 · Dec 2018December 2018 | 60,000 /yr | |
| 1107 | 1-bed | 978 sqft | AED 1.78MAED 1,784,100 · Aug 2014August 2014 | 79,000 /yr | |
| 1108 | 1-bed | 890 sqft | AED 1.32MAED 1,324,300 · Jan 2018January 2018 | 100,000 /yr | |
| 1109 | Studio | 612 sqft | AED 1.16MAED 1,162,000 · Dec 2018December 2018 | 55,000 /yr | |
| 1110 | 2-bed | 1,247 sqft | AED 2.45MAED 2,449,100 · Dec 2014December 2014 | 100,000 /yr | |
| 1111 | Studio | 461 sqft | AED 876KAED 876,000 · Mar 2023March 2023 | 60,000 /yr | |
| 1112 | Studio | 475 sqft | AED 800KAED 800,000 · Oct 2025October 2025 | 65,000 /yr | |
| 1113 | Studio | 447 sqft | AED 896KAED 895,652 · Oct 2015October 2015 | 70,000 /yr | |
| 1114 | 2-bed | 1,068 sqft | AED 2.37MAED 2,368,350 · Aug 2014August 2014 | 105,000 /yr | |
| 1115 | 3-bed | 1,420 sqft | AED 2.35MAED 2,353,000 · Nov 2018November 2018 | ||
| 1116 | Studio | 429 sqft | AED 922KAED 921,500 · Nov 2014November 2014 | 35,000 /yr | |
| 1118 | Studio | 480 sqft | AED 630KAED 630,000 · Feb 2019February 2019 | 82,000 /yr | |
| 1119 | Studio | 479 sqft | AED 940KAED 940,000 · Oct 2025October 2025 | 70,000 /yr | |
| 1120 | 1-bed | 896 sqft | AED 1.3MAED 1,295,000 · Feb 2022February 2022 | 81,000 /yr | |
| 1101A | Studio | 497 sqft | AED 1.04MAED 1,037,400 · Aug 2015August 2015 | 80,000 /yr | |
| 1102A | 1-bed | 853 sqft | AED 1.43MAED 1,430,000 · Feb 2026February 2026 | 63,250 /yr | |
| 1103A | Studio | 453 sqft | AED 997KAED 996,550 · Oct 2015October 2015 | 67,000 /yr | |
| 1103B | 1-bed | 820 sqft | AED 1.64MAED 1,637,800 · Dec 2014December 2014 | 90,000 /yr | |
| 1104A | 1-bed | 1,034 sqft | AED 1.43MAED 1,433,816 · Apr 2026April 2026 | ||
| 1106A | 1-bed | 886 sqft | AED 1.55MAED 1,552,000 · Nov 2018November 2018 | ||
| 1111A | Studio | 461 sqft | AED 1.05MAED 1,053,550 · Apr 2015April 2015 | 62,000 /yr | |
| 1112A | Studio | 457 sqft | AED 1MAED 1,000,350 · Sep 2015September 2015 | 48,000 /yr | |
| 1113A | 1-bed | 894 sqft | AED 1.36MAED 1,360,000 · Oct 2021October 2021 | 100,000 /yr | |
| 1113B | Studio | 456 sqft | AED 977KAED 977,280 · Aug 2015August 2015 | 50,000 /yr | |
| 1116A | Studio | 479 sqft | AED 1.01MAED 1,007,950 · Aug 2015August 2015 | 55,000 /yr | |
| 1117A | Studio | 478 sqft | AED 1.01MAED 1,011,750 · Feb 2015February 2015 | 67,000 /yr | |
| 1118A | Studio | 479 sqft | AED 1.01MAED 1,007,950 · Feb 2015February 2015 | 52,000 /yr | |
| 1119A | Studio | 468 sqft | AED 1.02MAED 1,019,350 · Dec 2014December 2014 | 66,000 /yr |
1117, Majestine Allure in numbers
- Sold twice: first on 17 August 2015 for AED 1,013,650, last on 26 December 2023 for AED 840,000 (AED 1,747 per sqft).
- Rented since August 2019 on 5 Ejari contracts. The rent fell from AED 48,000 to AED 36,000 in 2021 and recovered to AED 55,000 by December 2022.
- At AED 55,000 a year the gross yield on the 2023 price is 6.6%.
- 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 26 December 2023.
Questions about 1117, Majestine Allure
What did unit 1117 last sell for?
AED 840,000 on 26 December 2023: AED 1,747 per sqft for 481 sqft. The unit has 2 registered sales; the first was AED 1,013,650 in August 2015.
What is the rent for unit 1117?
AED 55,000 a year on the contract signed on 1 December 2022. The previous contract, from July 2022, was AED 41,400; the unit has been rented since August 2019.
How big is unit 1117?
481 sqft (44.7 sqm): a studio on the 11th floor of a 19-storey tower completed in 2018.
What is unit 1117 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 1117, Majestine Allure
Starts from the last sale price (AED 840K, 26 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 840,000
- Deposit, UAE resident (20%)
- AED 168,000
- Deposit, non-resident (40%)
- AED 336,000
- Monthly over 25 years at 3.7%
- AED 3,437
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →