1217, Majestine Allure
Sold prices and rental history: sold twice, last in July 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 1217, Majestine Allure
What is 1217 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 481 sqft
- Floor
- 12th of 19
- Parking
- nan
- Developer
- Business Tower Investment
- Completed
- 2018
- Last sold
- AED 931K · July 2024
- Building
- Majestine Allure
About 1217, Majestine Allure
1217 is a studio of 481 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 12 July 2024 for AED 930,600, or AED 1,936 per sqft, 12% above the AED 1,724 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 1 May 2026, is AED 75,000 a year: a gross yield of 8.1% on the 2024 price.
Sales and rents for 1217 over time
1217 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Majestine Allure, and where 1217 sits
All 283 studios →1217 last sold in July 2024 at AED 1,936 per sqft, 12% above what studios in Majestine Allure were fetching at the time (AED 1,724). Over the last 12 months studios sold for AED 695,000 to 1,000,000, around AED 1,718 per sqft, and rent for AED 40,000 to 96,000 a year. 1217's AED 75,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Sep 202615 September 2026 | 475 sqft | 740,000 | 1,557 | ||
| 20 Aug 202620 August 2026 | 430 sqft | 740,000 | 1,721 | ||
| 25 Jun 202625 June 2026 | 493 sqft | 750,000 | 1,521 | ||
| 9 Jun 20269 June 2026 | 617 sqft | 830,000 | 1,346 |
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 | |
| 1208 | 1-bed | 890 sqft | AED 1.43MAED 1,430,000 · Oct 2024October 2024 | 78,000 /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 | |
| 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 |
1217, Majestine Allure in numbers
- Sold twice: first on 22 October 2018 for AED 946,000, last on 12 July 2024 for AED 930,600 (AED 1,936 per sqft).
- Rented since July 2019 on 9 Ejari contracts. The rent fell from AED 50,000 to AED 34,000 in 2021 and recovered to AED 75,000 by May 2026.
- At AED 75,000 a year the gross yield on the 2024 price is 8.1%.
- Studios in Majestine Allure sold for AED 695,000–1,000,000 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 May 2026.
Questions about 1217, Majestine Allure
What did unit 1217 last sell for?
AED 930,600 on 12 July 2024: AED 1,936 per sqft for 481 sqft. The unit has 2 registered sales; the first was AED 946,000 in October 2018.
What is the rent for unit 1217?
AED 75,000 a year on the contract signed on 1 May 2026. The previous contract, from February 2026, was AED 75,000; the unit has been rented since July 2019.
How big is unit 1217?
481 sqft (44.7 sqm): a studio on the 12th floor of a 19-storey tower completed in 2018.
What is unit 1217 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Majestine Allure sold for AED 695,000 to 1,000,000 in the last 12 months, around AED 1,718 per sqft.
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Mortgage on 1217, Majestine Allure
Starts from the last sale price (AED 931K, 12 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 930,600
- Deposit, UAE resident (20%)
- AED 186,120
- Deposit, non-resident (40%)
- AED 372,240
- Monthly over 25 years at 3.7%
- AED 3,807
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →