1-bed · 1,034 sqftMajestine Allure, Business Bay · 12th floor · completed 2018

1204A, Majestine Allure

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

Unit 1204A · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 1.83M28 February 2019
Current rentAED 80K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204A, Majestine Allure

What is 1204A worth today?

Last sold for AED 1,833,000 in 2019

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10 Jul 2026RentedRenewal
AED 80,000/yr12 months · AED 77 per sqft
10 Jul 2025RentedRenewal
AED 100,000/yr12 months · AED 97 per sqft
10 Jul 2025RentedRenewal
AED 100,000/yr12 months · AED 97 per sqft
10 Jul 2024RentedNew contract
AED 100,000/yr12 months · AED 97 per sqft
5 Jun 2024RentedNew contract
AED 95,000/yr12 months · AED 92 per sqft
15 Aug 2021RentedRenewal
AED 58,000/yr6 months · AED 56 per sqft
15 Aug 2020RentedNew contract
AED 58,000/yr12 months · AED 56 per sqft
1 Jun 2019RentedNew contract
AED 72,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
1-bed apartment
Size
1,034 sqft
Floor
12th of 19
Parking
P2-78
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.83M · February 2019

About 1204A, Majestine Allure

1204A is a one-bedroom apartment of 1,034 sqft on the 12th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 28 February 2019 for AED 1,833,000, or AED 1,773 per sqft, in line with the AED 1,745 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 10 July 2026, is AED 80,000 a year: a gross yield of 4.4% on the 2019 price.

Sales and rents for 1204A over time

Sales
Unit 1204A, 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 2019: AED 1,833,000 (AED 1,773 per sqft)

1204A has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204A, each contractTypical one-bed in Majestine Allure
60K80K100K201920222025Typical 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, June 2019: AED 72,000 a yearNew contract, August 2020: AED 58,000 a yearRenewal, August 2021: AED 58,000 a yearNew contract, June 2024: AED 95,000 a yearNew contract, July 2024: AED 100,000 a yearRenewal, July 2025: AED 100,000 a yearRenewal, July 2025: AED 100,000 a yearRenewal, July 2026: AED 80,000 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 1204A sits

All 147 1-beds →

1204A last sold in February 2019 at AED 1,773 per sqft, in line with what one-beds in Majestine Allure were fetching at the time (AED 1,745). 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. 1204A's AED 80,000 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

1204A, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 28 February 2019 for AED 1,833,000, or AED 1,773 per sqft.
  • Rented since June 2019 on 8 Ejari contracts. The rent fell from AED 72,000 to AED 58,000 in 2021 and recovered to AED 80,000 by July 2026.
  • At AED 80,000 a year the gross yield on the 2019 price is 4.4%.
  • 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 10 July 2026.

Questions about 1204A, Majestine Allure

What did unit 1204A last sell for?

AED 1,833,000 on 28 February 2019, sold by the developer: AED 1,773 per sqft for 1,034 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204A?

AED 80,000 a year on the contract renewed on 10 July 2026. The previous contract, from July 2025, was AED 100,000; the unit has been rented since June 2019.

How big is unit 1204A?

1,034 sqft (96.1 sqm): a one-bedroom apartment on the 12th floor of a 19-storey tower completed in 2018.

What is unit 1204A 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 1204A, Majestine Allure

Starts from the last sale price (AED 1.83M, 28 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,833,000
Deposit, UAE resident (20%)
AED 366,600
Deposit, non-resident (40%)
AED 733,200
Monthly over 25 years at 3.7%
AED 7,499

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