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2-bed · 1,247 sqftMajestine Allure, Business Bay · 12th floor · completed 2018

1210, Majestine Allure

Sold prices and rental history: sold twice, last in May 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1210 · DLD and Ejari recordsUpdated 16 May 2024
Last soldAED 1.83M16 May 2024
Current rentAED 83K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1210, Majestine Allure

What is 1210 worth today?

Last sold for AED 1,825,000 in 2024

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16 May 2024SoldReady
AED 1,825,000AED 1,463 per sqft
1 Nov 2022RentedRenewal
AED 82,500/yr12 months · AED 66 per sqft
1 Nov 2021RentedRenewal
AED 75,000/yr12 months · AED 60 per sqft
1 Nov 2020RentedNew contract
AED 75,000/yr12 months · AED 60 per sqft
10 Mar 2015Sold by developerOff-plan
AED 2,452,900AED 1,966 per sqft

Source: Dubai Land Department. Updated 16 May 2024.

Key facts

Type
2-bed apartment
Size
1,247 sqft
Floor
12th of 19
Parking
P2-84
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.83M · May 2024
Building
Majestine Allure

About 1210, Majestine Allure

1210 is a two-bedroom apartment of 1,247 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 16 May 2024 for AED 1,825,000, or AED 1,463 per sqft, in line with the AED 1,436 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 82,500 a year: a gross yield of 4.5% on the 2024 price.

Sales and rents for 1210 over time

Sales
Unit 1210, each saleTypical two-bed in Majestine Allure
2M20142017202020232026Typical 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, March 2015: AED 2,452,900 (AED 1,966 per sqft)Sold, May 2024: AED 1,825,000 (AED 1,463 per sqft)

1210 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1210, each contractTypical two-bed in Majestine Allure
100K20192021202320252027Typical 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 122,500New contract, November 2020: AED 75,000 a yearRenewal, November 2021: AED 75,000 a yearRenewal, November 2022: AED 82,500 a year

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 1210 sits

All 45 2-beds →

1210 last sold in May 2024 at AED 1,463 per sqft, in line with what two-beds in Majestine Allure were fetching at the time (AED 1,436). 1210's AED 82,500 is at the bottom of that range.

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
12062-bedAED 2.98M · Jun 2015
12071-bedAED 1.85M · Mar 2017
1–7 of 33

1210, Majestine Allure in numbers

  • Sold twice: first on 10 March 2015 for AED 2,452,900, last on 16 May 2024 for AED 1,825,000 (AED 1,463 per sqft).
  • Rented since November 2020 on 3 Ejari contracts, from AED 75,000 to AED 82,500 a year.
  • At AED 82,500 a year the gross yield on the 2024 price is 4.5%.

Source: Dubai Land Department. Updated 16 May 2024.

Questions about 1210, Majestine Allure

What did unit 1210 last sell for?

AED 1,825,000 on 16 May 2024: AED 1,463 per sqft for 1,247 sqft. The unit has 2 registered sales; the first was AED 2,452,900 in March 2015.

What is the rent for unit 1210?

AED 82,500 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 75,000; the unit has been rented since November 2020.

How big is unit 1210?

1,247 sqft (115.9 sqm): a two-bedroom apartment on the 12th floor of a 19-storey tower completed in 2018.

What is unit 1210 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 1210, Majestine Allure

Starts from the last sale price (AED 1.83M, 16 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,825,000
Deposit, UAE resident (20%)
AED 365,000
Deposit, non-resident (40%)
AED 730,000
Monthly over 25 years at 3.7%
AED 7,467

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