1208, Majestine Allure
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1208, Majestine Allure
What is 1208 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 890 sqft
- Floor
- 12th of 19
- Parking
- P2-82
- Developer
- Business Tower Investment
- Completed
- 2018
- Last sold
- AED 1.43M · October 2024
- Building
- Majestine Allure
About 1208, Majestine Allure
1208 is a one-bedroom apartment of 890 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 1 October 2024 for AED 1,430,000, or AED 1,606 per sqft, 5% above the AED 1,524 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 30 July 2022, is AED 78,000 a year: a gross yield of 5.5% on the 2024 price.
Sales and rents for 1208 over time
1208 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1208 sits
All 147 1-beds →1208 last sold in October 2024 at AED 1,606 per sqft, 5% above what one-beds in Majestine Allure were fetching at the time (AED 1,524). 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. 1208's AED 78,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Aug 202618 August 2026 | 1,006 sqft | 1,250,000 | 1,243 | ||
| 20 Jul 202620 July 2026 | 956 sqft | 1,282,931 | 1,342 | ||
| 23 Apr 202623 April 2026 | 1,034 sqft | 1,433,816 | 1,387 | ||
| 6 Apr 20266 April 2026 | 944 sqft | 1,305,000 | 1,381 |
Majestine Allure
Building497 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%
Other units on the 12th floor
All 497 units in Majestine Allure| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | Studio | 499 sqft | AED 1.1MAED 1,102,000 · Feb 2015February 2015 | 70,000 /yr | |
| 1202 | Studio | 474 sqft | AED 830KAED 830,000 · Jul 2024July 2024 | 96,000 /yr | |
| 1203 | Studio | 459 sqft | AED 1.06MAED 1,059,250 · Mar 2017March 2017 | 70,000 /yr | |
| 1204 | Studio | 572 sqft | AED 1.12MAED 1,115,000 · Nov 2022November 2022 | ||
| 1205 | Studio | 489 sqft | AED 936KAED 935,900 · Nov 2022November 2022 | 50,000 /yr | |
| 1206 | 2-bed | 1,357 sqft | AED 2.98MAED 2,977,300 · Jun 2015June 2015 | ||
| 1207 | 1-bed | 978 sqft | AED 1.85MAED 1,847,000 · Mar 2017March 2017 | 95,000 /yr | |
| 1209 | Studio | 612 sqft | AED 1.39MAED 1,387,000 · Sep 2015September 2015 | 70,000 /yr | |
| 1210 | 2-bed | 1,247 sqft | AED 1.83MAED 1,825,000 · May 2024May 2024 | 82,500 /yr | |
| 1211 | Studio | 461 sqft | AED 750KAED 750,000 · Jul 2024July 2024 | 54,247 /yr | |
| 1212 | Studio | 475 sqft | AED 815KAED 815,000 · Aug 2025August 2025 | 53,000 /yr | |
| 1213 | Studio | 447 sqft | AED 984KAED 984,200 · Jul 2015July 2015 | 63,000 /yr | |
| 1214 | 2-bed | 1,068 sqft | AED 2.15MAED 2,148,900 · Oct 2015October 2015 | 110,000 /yr | |
| 1215 | 3-bed | 1,420 sqft | AED 2.4MAED 2,400,000 · Nov 2025November 2025 | 136,592 /yr | |
| 1216 | Studio | 430 sqft | AED 922KAED 921,500 · Dec 2014December 2014 | 75,815 /yr | |
| 1217 | Studio | 481 sqft | AED 931KAED 930,600 · Jul 2024July 2024 | 75,000 /yr | |
| 1218 | Studio | 480 sqft | AED 800KAED 800,000 · Oct 2024October 2024 | 52,000 /yr | |
| 1219 | Studio | 479 sqft | AED 906KAED 905,520 · Dec 2022December 2022 | ||
| 1220 | 1-bed | 897 sqft | AED 1.72MAED 1,721,400 · Sep 2015September 2015 | ||
| 1201A | Studio | 497 sqft | AED 1.1MAED 1,102,000 · Feb 2015February 2015 | 57,000 /yr | |
| 1202A | 1-bed | 853 sqft | AED 1.25MAED 1,250,000 · Nov 2025November 2025 | 96,000 /yr | |
| 1203A | Studio | 453 sqft | AED 852KAED 852,480 · Jan 2020January 2020 | 53,361 /yr | |
| 1203B | 1-bed | 820 sqft | AED 1.38MAED 1,375,000 · May 2025May 2025 | 91,000 /yr | |
| 1204A | 1-bed | 1,034 sqft | AED 1.83MAED 1,833,000 · Feb 2019February 2019 | 80,000 /yr | |
| 1205A | 1-bed | 1,003 sqft | AED 1.76MAED 1,764,000 · Nov 2019November 2019 | 90,000 /yr | |
| 1211A | Studio | 461 sqft | AED 750KAED 750,000 · Apr 2024April 2024 | 54,696 /yr | |
| 1212A | Studio | 457 sqft | AED 1.05MAED 1,048,800 · Dec 2014December 2014 | 60,900 /yr | |
| 1213A | 1-bed | 894 sqft | AED 780KAED 780,000 · Aug 2021August 2021 | ||
| 1213B | Studio | 456 sqft | AED 1.01MAED 1,013,650 · Oct 2015October 2015 | 63,000 /yr | |
| 1216A | Studio | 479 sqft | AED 840KAED 840,000 · Jan 2024January 2024 | 38,000 /yr | |
| 1217A | Studio | 478 sqft | AED 807KAED 807,000 · Oct 2024October 2024 | 53,000 /yr | |
| 1218A | Studio | 479 sqft | AED 820KAED 820,000 · Mar 2025March 2025 | 70,000 /yr | |
| 1219A | Studio | 468 sqft | AED 820KAED 820,000 · Apr 2025April 2025 | 70,000 /yr |
1208, Majestine Allure in numbers
- Sold twice: first on 27 February 2018 for AED 1,745,290, last on 1 October 2024 for AED 1,430,000 (AED 1,606 per sqft).
- Rented since July 2019 on 4 Ejari contracts. The rent fell from AED 75,000 to AED 65,000 in 2021 and recovered to AED 78,000 by July 2022.
- At AED 78,000 a year the gross yield on the 2024 price is 5.5%.
- 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 1 October 2024.
Questions about 1208, Majestine Allure
What did unit 1208 last sell for?
AED 1,430,000 on 1 October 2024: AED 1,606 per sqft for 890 sqft. The unit has 2 registered sales; the first was AED 1,745,290 in February 2018.
What is the rent for unit 1208?
AED 78,000 a year on the contract renewed on 30 July 2022. The previous contract, from July 2021, was AED 65,000; the unit has been rented since July 2019.
How big is unit 1208?
890 sqft (82.7 sqm): a one-bedroom apartment on the 12th floor of a 19-storey tower completed in 2018.
What is unit 1208 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 1208, Majestine Allure
Starts from the last sale price (AED 1.43M, 1 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,430,000
- Deposit, UAE resident (20%)
- AED 286,000
- Deposit, non-resident (40%)
- AED 572,000
- Monthly over 25 years at 3.7%
- AED 5,851
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →