1-bed · 978 sqftMajestine Allure, Business Bay · 12th floor · completed 2018

1207, Majestine Allure

Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 20 April 2026
Last soldAED 1.85M22 March 2017
Current rentAED 95K /yr20 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, Majestine Allure

What is 1207 worth today?

Last sold for AED 1,847,000 in 2017

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20 Apr 2026RentedNew contract
AED 95,000/yr12 months · AED 97 per sqft
20 Apr 2024RentedRenewal
AED 85,000/yr12 months · AED 87 per sqft
20 Apr 2023RentedRenewal
AED 80,000/yr12 months · AED 82 per sqft
20 Apr 2022RentedRenewal
AED 75,000/yr12 months · AED 77 per sqft
20 Apr 2021RentedRenewal
AED 70,000/yr12 months · AED 71 per sqft
20 Apr 2020RentedRenewal
AED 75,000/yr12 months · AED 77 per sqft
20 Apr 2019RentedNew contract
AED 80,000/yr12 months · AED 82 per sqft
22 Mar 2017Sold by developerOff-plan
AED 1,847,000AED 1,887 per sqft

Source: Dubai Land Department. Updated 20 April 2026.

Key facts

Type
1-bed apartment
Size
978 sqft
Floor
12th of 19
Parking
P2-81
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.85M · March 2017

About 1207, Majestine Allure

1207 is a one-bedroom apartment of 978 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 22 March 2017 for AED 1,847,000, or AED 1,887 per sqft, in line with the AED 1,942 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 20 April 2026, is AED 95,000 a year: a gross yield of 5.1% on the 2017 price.

Sales and rents for 1207 over time

Sales
Unit 1207, each saleTypical one-bed in Majestine Allure
1M1.5M2M2014201820222026Typical 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, March 2017: AED 1,847,000 (AED 1,887 per sqft)

1207 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1207, 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, April 2019: AED 80,000 a yearRenewal, April 2020: AED 75,000 a yearRenewal, April 2021: AED 70,000 a yearRenewal, April 2022: AED 75,000 a yearRenewal, April 2023: AED 80,000 a yearRenewal, April 2024: AED 85,000 a yearNew contract, April 2026: AED 95,000 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 1207 sits

All 147 1-beds →

1207 last sold in March 2017 at AED 1,887 per sqft, in line with what one-beds in Majestine Allure were fetching at the time (AED 1,942). 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. 1207's AED 95,000 is in the upper 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
12081-bedAED 1.43M · Oct 2024
1–7 of 33

1207, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 22 March 2017 for AED 1,847,000, or AED 1,887 per sqft.
  • Rented since April 2019 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 70,000 in 2021 and recovered to AED 95,000 by April 2026.
  • At AED 95,000 a year the gross yield on the 2017 price is 5.1%.
  • 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 20 April 2026.

Questions about 1207, Majestine Allure

What did unit 1207 last sell for?

AED 1,847,000 on 22 March 2017, sold by the developer: AED 1,887 per sqft for 978 sqft. It is the only registered sale of the unit.

What is the rent for unit 1207?

AED 95,000 a year on the contract signed on 20 April 2026. The previous contract, from April 2024, was AED 85,000; the unit has been rented since April 2019.

How big is unit 1207?

978 sqft (90.9 sqm): a one-bedroom apartment on the 12th floor of a 19-storey tower completed in 2018.

What is unit 1207 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 1207, Majestine Allure

Starts from the last sale price (AED 1.85M, 22 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,847,000
Deposit, UAE resident (20%)
AED 369,400
Deposit, non-resident (40%)
AED 738,800
Monthly over 25 years at 3.7%
AED 7,557

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