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1-bed · 897 sqftMajestine Allure, Business Bay · 12th floor · completed 2018

1220, Majestine Allure

Sold prices and rental history: sold once, by the developer in September 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1220 · DLD and Ejari recordsUpdated 29 September 2015
Last soldAED 1.72M29 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1220, Majestine Allure

What is 1220 worth today?

Last sold for AED 1,721,400 in 2015

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29 Sep 2015Sold by developerOff-plan
AED 1,721,400AED 1,920 per sqft

Source: Dubai Land Department. Updated 29 September 2015.

Key facts

Type
1-bed apartment
Size
897 sqft
Floor
12th of 19
Parking
P2-104
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.72M · September 2015
Building
Majestine Allure

About 1220, Majestine Allure

1220 is a one-bedroom apartment of 897 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 29 September 2015 for AED 1,721,400, or AED 1,920 per sqft, in line with the AED 1,922 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1220 over time

Sales
Unit 1220, 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, September 2015: AED 1,721,400 (AED 1,920 per sqft)

1220 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1220, 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 1220 sits

All 147 1-beds →

1220 last sold in September 2015 at AED 1,920 per sqft, in line with what one-beds in Majestine Allure were fetching at the time (AED 1,922). 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

1220, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 29 September 2015 for AED 1,721,400, or AED 1,920 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 29 September 2015.

Questions about 1220, Majestine Allure

What did unit 1220 last sell for?

AED 1,721,400 on 29 September 2015, sold by the developer: AED 1,920 per sqft for 897 sqft. It is the only registered sale of the unit.

How big is unit 1220?

897 sqft (83.3 sqm): a one-bedroom apartment on the 12th floor of a 19-storey tower completed in 2018.

What is unit 1220 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 1220, Majestine Allure

Starts from the last sale price (AED 1.72M, 29 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,721,400
Deposit, UAE resident (20%)
AED 344,280
Deposit, non-resident (40%)
AED 688,560
Monthly over 25 years at 3.7%
AED 7,043

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