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1-bed · 820 sqftMajestine Allure, Business Bay · 12th floor · completed 2018

1203B, Majestine Allure

Sold prices and rental history: sold twice, last in May 2025, and rented once, from August 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203B · DLD and Ejari recordsUpdated 8 May 2025
Last soldAED 1.38M8 May 2025
Current rentAED 91K /yr5 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1203B, Majestine Allure

What is 1203B worth today?

Last sold for AED 1,375,000 in 2025

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8 May 2025SoldReady
AED 1,375,000AED 1,676 per sqft
18 Nov 2019Sold by developerReady
AED 1,455,000AED 1,773 per sqft
5 Aug 2019RentedNew contract
AED 91,000/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 8 May 2025.

Key facts

Type
1-bed apartment
Size
820 sqft
Floor
12th of 19
Parking
P2-77
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.38M · May 2025
Building
Majestine Allure

About 1203B, Majestine Allure

1203B is a one-bedroom apartment of 820 sqft on the 12th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 8 May 2025 for AED 1,375,000, or AED 1,676 per sqft, 9% above the AED 1,541 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 August 2019. The current contract, signed on 5 August 2019, is AED 91,000 a year: a gross yield of 6.6% on the 2025 price.

Sales and rents for 1203B over time

Sales
Unit 1203B, 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, November 2019: AED 1,455,000 (AED 1,773 per sqft)Sold, May 2025: AED 1,375,000 (AED 1,676 per sqft)

1203B has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203B, 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, August 2019: AED 91,000 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 1203B sits

All 147 1-beds →

1203B last sold in May 2025 at AED 1,676 per sqft, 9% above what one-beds in Majestine Allure were fetching at the time (AED 1,541). 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. 1203B's AED 91,000 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 12th floor

All 497 units in Majestine Allure
Value
1201StudioAED 1.1M · Feb 2015
1202StudioAED 830K · Jul 2024
1203StudioAED 1.06M · Mar 2017
1204StudioAED 1.12M · Nov 2022
1205StudioAED 936K · Nov 2022
12062-bedAED 2.98M · Jun 2015
12071-bedAED 1.85M · Mar 2017
1–7 of 33

1203B, Majestine Allure in numbers

  • Sold twice: first on 18 November 2019 for AED 1,455,000, last on 8 May 2025 for AED 1,375,000 (AED 1,676 per sqft).
  • Rented since August 2019 on one Ejari contract, at AED 91,000 a year.
  • At AED 91,000 a year the gross yield on the 2025 price is 6.6%.
  • 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 8 May 2025.

Questions about 1203B, Majestine Allure

What did unit 1203B last sell for?

AED 1,375,000 on 8 May 2025: AED 1,676 per sqft for 820 sqft. The unit has 2 registered sales; the first was AED 1,455,000 in November 2019.

What is the rent for unit 1203B?

AED 91,000 a year on the contract signed on 5 August 2019.

How big is unit 1203B?

820 sqft (76.2 sqm): a one-bedroom apartment on the 12th floor of a 19-storey tower completed in 2018.

What is unit 1203B 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.

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Mortgage on 1203B, Majestine Allure

Starts from the last sale price (AED 1.38M, 8 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,000
Deposit, UAE resident (20%)
AED 275,000
Deposit, non-resident (40%)
AED 550,000
Monthly over 25 years at 3.7%
AED 5,626

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