2-bed · 1,068 sqftMajestine Allure, Business Bay · 12th floor · completed 2018

1214, Majestine Allure

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1214 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 2.15M28 October 2015
Current rentAED 110K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1214, Majestine Allure

What is 1214 worth today?

Last sold for AED 2,148,900 in 2015

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1 Nov 2026RentedNew contract
AED 110,000/yr12 months · AED 103 per sqft
10 Sep 2025RentedNew contract
AED 120,000/yr12 months · AED 113 per sqft
10 Apr 2025RentedNew contract
AED 125,000/yr12 months · AED 117 per sqft
10 Apr 2025RentedNew contract
AED 125,000/yr12 months · AED 117 per sqft
7 Mar 2025RentedNew contract
AED 133,000/yr12 months · AED 124 per sqft
7 Mar 2025RentedNew contract
AED 133,000/yr12 months · AED 124 per sqft
29 Feb 2024RentedNew contract
AED 132,000/yr12 months · AED 124 per sqft
1 Feb 2022RentedNew contract
AED 85,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
2-bed apartment
Size
1,068 sqft
Floor
12th of 19
Parking
P2-91
Developer
Business Tower Investment
Completed
2018
Last sold
AED 2.15M · October 2015

About 1214, Majestine Allure

1214 is a two-bedroom apartment of 1,068 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 28 October 2015 for AED 2,148,900, or AED 2,011 per sqft, in line with the AED 1,976 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, signed on 1 November 2026, is AED 110,000 a year: a gross yield of 5.1% on the 2015 price.

Sales and rents for 1214 over time

Sales
Unit 1214, 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, October 2015: AED 2,148,900 (AED 2,011 per sqft)

1214 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1214, each contractTypical two-bed in Majestine Allure
100K201920222025Typical 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, December 2019: AED 100,000 a yearNew contract, January 2021: AED 75,000 a yearNew contract, February 2022: AED 85,000 a yearNew contract, February 2024: AED 132,000 a yearNew contract, March 2025: AED 133,000 a yearNew contract, March 2025: AED 133,000 a yearNew contract, April 2025: AED 125,000 a yearNew contract, April 2025: AED 125,000 a yearNew contract, September 2025: AED 120,000 a yearNew contract, November 2026: AED 110,000 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 1214 sits

All 45 2-beds →

1214 last sold in October 2015 at AED 2,011 per sqft, in line with what two-beds in Majestine Allure were fetching at the time (AED 1,976). 1214's AED 110,000 is in the lower half 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

1214, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 28 October 2015 for AED 2,148,900, or AED 2,011 per sqft.
  • Rented since December 2019 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2021 and recovered to AED 110,000 by November 2026.
  • At AED 110,000 a year the gross yield on the 2015 price is 5.1%.

Source: Dubai Land Department. Updated 1 November 2026.

Questions about 1214, Majestine Allure

What did unit 1214 last sell for?

AED 2,148,900 on 28 October 2015, sold by the developer: AED 2,011 per sqft for 1,068 sqft. It is the only registered sale of the unit.

What is the rent for unit 1214?

AED 110,000 a year on the contract signed on 1 November 2026. The previous contract, from September 2025, was AED 120,000; the unit has been rented since December 2019.

How big is unit 1214?

1,068 sqft (99.2 sqm): a two-bedroom apartment on the 12th floor of a 19-storey tower completed in 2018.

What is unit 1214 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 1214, Majestine Allure

Starts from the last sale price (AED 2.15M, 28 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,148,900
Deposit, UAE resident (20%)
AED 429,780
Deposit, non-resident (40%)
AED 859,560
Monthly over 25 years at 3.7%
AED 8,792

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