Studio · 478 sqftMajestine Allure, Business Bay · 11th floor · completed 2018

1117A, Majestine Allure

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

Unit 1117A · DLD and Ejari recordsUpdated 11 December 2025
Last soldAED 1.01M19 February 2015
Current rentAED 67K /yr11 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1117A, Majestine Allure

What is 1117A worth today?

Last sold for AED 1,011,750 in 2015

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11 Dec 2025RentedRenewal
AED 67,000/yr12 months · AED 141 per sqft
11 Dec 2024RentedNew contract
AED 67,000/yr12 months · AED 141 per sqft
17 Nov 2023RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft
10 Nov 2022RentedRenewal
AED 48,000/yr12 months · AED 101 per sqft
10 Nov 2021RentedNew contract
AED 48,000/yr12 months · AED 101 per sqft
10 Sep 2019RentedNew contract
AED 45,000/yr12 months · AED 95 per sqft
19 Feb 2015Sold by developerOff-plan
AED 1,011,750AED 2,114 per sqft

Source: Dubai Land Department. Updated 11 December 2025.

Key facts

Type
Studio hotel apartment
Size
478 sqft
Floor
11th of 19
Parking
P2-67
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.01M · February 2015

About 1117A, Majestine Allure

1117A is a studio of 478 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 19 February 2015 for AED 1,011,750, or AED 2,114 per sqft, in line with the AED 2,163 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 11 December 2025, is AED 67,000 a year: a gross yield of 6.6% on the 2015 price.

Sales and rents for 1117A over time

Sales
Unit 1117A, 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, February 2015: AED 1,011,750 (AED 2,114 per sqft)

1117A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1117A, 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, September 2019: AED 45,000 a yearNew contract, November 2021: AED 48,000 a yearRenewal, November 2022: AED 48,000 a yearNew contract, November 2023: AED 65,000 a yearNew contract, December 2024: AED 67,000 a yearRenewal, December 2025: AED 67,000 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 1117A sits

All 283 studios →

1117A last sold in February 2015 at AED 2,114 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,163). 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. 1117A's AED 67,000 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

1117A, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 19 February 2015 for AED 1,011,750, or AED 2,114 per sqft.
  • Rented since September 2019 on 6 Ejari contracts, from AED 45,000 to AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2015 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 11 December 2025.

Questions about 1117A, Majestine Allure

What did unit 1117A last sell for?

AED 1,011,750 on 19 February 2015, sold by the developer: AED 2,114 per sqft for 478 sqft. It is the only registered sale of the unit.

What is the rent for unit 1117A?

AED 67,000 a year on the contract renewed on 11 December 2025. The previous contract, from December 2024, was AED 67,000; the unit has been rented since September 2019.

How big is unit 1117A?

478 sqft (44.4 sqm): a studio on the 11th floor of a 19-storey tower completed in 2018.

What is unit 1117A 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 1117A, Majestine Allure

Starts from the last sale price (AED 1.01M, 19 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,011,750
Deposit, UAE resident (20%)
AED 202,350
Deposit, non-resident (40%)
AED 404,700
Monthly over 25 years at 3.7%
AED 4,139

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