2-bed · 1,357 sqftMajestine Allure, Business Bay · 12th floor · completed 2018

1206, Majestine Allure

Sold prices and rental history: sold once, by the developer in June 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 9 June 2015
Last soldAED 2.98M9 June 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Majestine Allure

What is 1206 worth today?

Last sold for AED 2,977,300 in 2015

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9 Jun 2015Sold by developerOff-plan
AED 2,977,300AED 2,194 per sqft

Source: Dubai Land Department. Updated 9 June 2015.

Key facts

Type
2-bed apartment
Size
1,357 sqft
Floor
12th of 19
Parking
P2-80
Developer
Business Tower Investment
Completed
2018
Last sold
AED 2.98M · June 2015

About 1206, Majestine Allure

1206 is a two-bedroom apartment of 1,357 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 9 June 2015 for AED 2,977,300, or AED 2,194 per sqft, 12% above the AED 1,965 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical two-bed in Majestine Allure
1M2M3M20142017202020232026Typical sale price by year: 2014 AED 2,455,275; 2015 AED 2,435,800; 2018 AED 1,922,550; 2021 AED 1,300,000; 2022 AED 1,613,740; 2023 AED 2,125,000; 2024 AED 1,805,500; 2025 AED 1,765,000Sold by developer, June 2015: AED 2,977,300 (AED 2,194 per sqft)

1206 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, each contractTypical two-bed in Majestine Allure
75K100K125K20192021202320252027Typical rent by year: 2019 AED 100,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 100,000; 2023 AED 121,319; 2024 AED 130,000; 2025 AED 133,000; 2026 AED 122,500

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Majestine Allure, and where 1206 sits

All 45 2-beds →

1206 last sold in June 2015 at AED 2,194 per sqft, 12% above what two-beds in Majestine Allure were fetching at the time (AED 1,965).

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jun 20251,981,400
28 May 20251,530,000
20 May 20251,800,000
22 Jan 20251,730,000
0 2-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
12071-bedAED 1.85M · Mar 2017
12081-bedAED 1.43M · Oct 2024
1–7 of 33

1206, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 9 June 2015 for AED 2,977,300, or AED 2,194 per sqft.

Source: Dubai Land Department. Updated 9 June 2015.

Questions about 1206, Majestine Allure

What did unit 1206 last sell for?

AED 2,977,300 on 9 June 2015, sold by the developer: AED 2,194 per sqft for 1,357 sqft. It is the only registered sale of the unit.

How big is unit 1206?

1,357 sqft (126.1 sqm): a two-bedroom apartment on the 12th floor of a 19-storey tower completed in 2018.

What is unit 1206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1206, Majestine Allure

Starts from the last sale price (AED 2.98M, 9 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,977,300
Deposit, UAE resident (20%)
AED 595,460
Deposit, non-resident (40%)
AED 1,190,920
Monthly over 25 years at 3.7%
AED 12,181

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