Studio · 468 sqftMajestine Allure, Business Bay · 11th floor · completed 2018

1119A, Majestine Allure

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1119A · DLD and Ejari recordsUpdated 6 May 2026
Last soldAED 1.02M9 December 2014
Current rentAED 66K /yr6 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1119A, Majestine Allure

What is 1119A worth today?

Last sold for AED 1,019,350 in 2014

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6 May 2026RentedRenewal
AED 66,000/yr12 months · AED 141 per sqft
6 May 2025RentedNew contract
AED 68,000/yr12 months · AED 145 per sqft
7 May 2024RentedRenewal
AED 60,000/yr12 months · AED 128 per sqft
7 May 2023RentedRenewal
AED 52,000/yr12 months · AED 111 per sqft
7 May 2022RentedNew contract
AED 45,000/yr12 months · AED 96 per sqft
7 May 2021RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
30 Mar 2020RentedRenewal
AED 56,000/yr12 months · AED 118 per sqft
9 Dec 2014Sold by developerOff-plan
AED 1,019,350AED 2,177 per sqft

Source: Dubai Land Department. Updated 6 May 2026.

Key facts

Type
Studio apartment
Size
468 sqft
Floor
11th of 19
Parking
P2-71
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.02M · December 2014

About 1119A, Majestine Allure

1119A is a studio of 468 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 9 December 2014 for AED 1,019,350, or AED 2,177 per sqft, in line with the AED 2,143 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 6 May 2026, is AED 66,000 a year: a gross yield of 6.5% on the 2014 price.

Sales and rents for 1119A over time

Sales
Unit 1119A, 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 2014: AED 1,019,350 (AED 2,177 per sqft)

1119A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1119A, 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 57,000Renewal, March 2020: AED 56,000 a yearNew contract, May 2021: AED 40,000 a yearNew contract, May 2022: AED 45,000 a yearRenewal, May 2023: AED 52,000 a yearRenewal, May 2024: AED 60,000 a yearNew contract, May 2025: AED 68,000 a yearRenewal, May 2026: AED 66,000 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 1119A sits

All 283 studios →

1119A last sold in December 2014 at AED 2,177 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,143). 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. 1119A's AED 66,000 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

1119A, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 9 December 2014 for AED 1,019,350, or AED 2,177 per sqft.
  • Rented since March 2020 on 7 Ejari contracts. The rent fell from AED 56,000 to AED 40,000 in 2021 and recovered to AED 66,000 by May 2026.
  • At AED 66,000 a year the gross yield on the 2014 price is 6.5%.
  • 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 6 May 2026.

Questions about 1119A, Majestine Allure

What did unit 1119A last sell for?

AED 1,019,350 on 9 December 2014, sold by the developer: AED 2,177 per sqft for 468 sqft. It is the only registered sale of the unit.

What is the rent for unit 1119A?

AED 66,000 a year on the contract renewed on 6 May 2026. The previous contract, from May 2025, was AED 68,000; the unit has been rented since March 2020.

How big is unit 1119A?

468 sqft (43.5 sqm): a studio on the 11th floor of a 19-storey tower completed in 2018.

What is unit 1119A 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 1119A, Majestine Allure

Starts from the last sale price (AED 1.02M, 9 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,019,350
Deposit, UAE resident (20%)
AED 203,870
Deposit, non-resident (40%)
AED 407,740
Monthly over 25 years at 3.7%
AED 4,170

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