Home
Dubai prices
About
Research
1-bed · 896 sqftMajestine Allure, Business Bay · 11th floor · completed 2018

1120, Majestine Allure

Sold prices and rental history: sold once, by the developer in February 2022, and rented once, from January 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1120 · DLD and Ejari recordsUpdated 14 February 2022
Last soldAED 1.3M14 February 2022
Current rentAED 81K /yr18 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1120

Property timeline for 1120, Majestine Allure

What is 1120 worth today?

Last sold for AED 1,295,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Feb 2022Sold by developerReady
AED 1,295,000AED 1,444 per sqft
18 Jan 2022RentedNew contract
AED 81,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 14 February 2022.

Key facts

Type
1-bed apartment
Size
896 sqft
Floor
11th of 19
Parking
P2-72
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.3M · February 2022
Building
Majestine Allure

About 1120, Majestine Allure

1120 is a one-bedroom apartment of 896 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 February 2022 for AED 1,295,000, or AED 1,444 per sqft, in line with the AED 1,406 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 January 2022. The current contract, signed on 18 January 2022, is AED 81,000 a year: a gross yield of 6.3% on the 2022 price.

Sales and rents for 1120 over time

Sales
Unit 1120, 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, February 2022: AED 1,295,000 (AED 1,444 per sqft)

1120 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1120, 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 90,000New contract, January 2022: AED 81,000 a year

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 1120 sits

All 147 1-beds →

1120 last sold in February 2022 at AED 1,444 per sqft, in line with what one-beds in Majestine Allure were fetching at the time (AED 1,406). 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. 1120's AED 81,000 is in the lower half of that range.

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

1120, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 14 February 2022 for AED 1,295,000, or AED 1,444 per sqft.
  • Rented since January 2022 on one Ejari contract, at AED 81,000 a year.
  • At AED 81,000 a year the gross yield on the 2022 price is 6.3%.
  • 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 February 2022.

Questions about 1120, Majestine Allure

What did unit 1120 last sell for?

AED 1,295,000 on 14 February 2022, sold by the developer: AED 1,444 per sqft for 896 sqft. It is the only registered sale of the unit.

What is the rent for unit 1120?

AED 81,000 a year on the contract signed on 18 January 2022.

How big is unit 1120?

896 sqft (83.2 sqm): a one-bedroom apartment on the 11th floor of a 19-storey tower completed in 2018.

What is unit 1120 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.

Selling 1120? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1120, Majestine Allure

Starts from the last sale price (AED 1.3M, 14 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,295,000
Deposit, UAE resident (20%)
AED 259,000
Deposit, non-resident (40%)
AED 518,000
Monthly over 25 years at 3.7%
AED 5,298

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