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1-bed · 894 sqftMajestine Allure, Business Bay · 12th floor · completed 2018

1213A, Majestine Allure

Sold prices and rental history: sold twice, last in August 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1213A · DLD and Ejari recordsUpdated 23 August 2021
Last soldAED 780K23 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1213A, Majestine Allure

What is 1213A worth today?

Last sold for AED 780,000 in 2021

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23 Aug 2021SoldReady
AED 780,000AED 872 per sqft
6 Mar 2019Sold by developerReady
AED 1,571,000AED 1,758 per sqft

Source: Dubai Land Department. Updated 23 August 2021.

Key facts

Type
1-bed apartment
Size
894 sqft
Floor
12th of 19
Parking
P2-89
Developer
Business Tower Investment
Completed
2018
Last sold
AED 780K · August 2021
Building
Majestine Allure

About 1213A, Majestine Allure

1213A is a one-bedroom apartment of 894 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 23 August 2021 for AED 780,000, or AED 872 per sqft, 20% below the AED 1,087 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1213A over time

Sales
Unit 1213A, 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, March 2019: AED 1,571,000 (AED 1,758 per sqft)Sold, August 2021: AED 780,000 (AED 872 per sqft)

1213A has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1213A, 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 90,000

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 1213A sits

All 147 1-beds →

1213A last sold in August 2021 at AED 872 per sqft, 20% below what one-beds in Majestine Allure were fetching at the time (AED 1,087). 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.

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

1213A, Majestine Allure in numbers

  • Sold twice: first on 6 March 2019 for AED 1,571,000, last on 23 August 2021 for AED 780,000 (AED 872 per sqft).
  • 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 23 August 2021.

Questions about 1213A, Majestine Allure

What did unit 1213A last sell for?

AED 780,000 on 23 August 2021: AED 872 per sqft for 894 sqft. The unit has 2 registered sales; the first was AED 1,571,000 in March 2019.

How big is unit 1213A?

894 sqft (83.1 sqm): a one-bedroom apartment on the 12th floor of a 19-storey tower completed in 2018.

What is unit 1213A 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 1213A, Majestine Allure

Starts from the last sale price (AED 780K, 23 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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