Studio · 497 sqftMajestine Allure, Business Bay · 13th floor · completed 2018

1301A, Majestine Allure

Sold prices and rental history: sold once, by the developer in February 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301A · DLD and Ejari recordsUpdated 28 August 2026
Last soldAED 760K4 February 2022
Current rentAED 58K /yr28 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301A, Majestine Allure

What is 1301A worth today?

Last sold for AED 760,480 in 2022

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28 Aug 2026RentedNew contract
AED 58,125/yr11 months · AED 117 per sqft
15 Aug 2025RentedNew contract
AED 60,000/yr12 months · AED 121 per sqft
8 Nov 2024RentedNew contract
AED 65,000/yr12 months · AED 131 per sqft
14 May 2024RentedRenewal
AED 70,000/yr6 months · AED 141 per sqft
14 May 2023RentedNew contract
AED 63,000/yr12 months · AED 127 per sqft
1 May 2022RentedNew contract
AED 55,000/yr12 months · AED 111 per sqft
4 Feb 2022Sold by developerReady
AED 760,480AED 1,531 per sqft

Source: Dubai Land Department. Updated 28 August 2026.

Key facts

Type
Studio apartment
Size
497 sqft
Floor
13th of 19
Parking
nan
Developer
Business Tower Investment
Completed
2018
Last sold
AED 760K · February 2022

About 1301A, Majestine Allure

1301A is a studio of 497 sqft on the 13th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 4 February 2022 for AED 760,480, or AED 1,531 per sqft, 13% above the AED 1,356 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 28 August 2026, is AED 58,125 a year: a gross yield of 7.6% on the 2022 price.

Sales and rents for 1301A over time

Sales
Unit 1301A, each saleTypical studio in Majestine Allure
500K1M2014201820222026Typical sale price by year: 2014 AED 1,012,700; 2015 AED 1,008,900; 2016 AED 1,021,725; 2017 AED 1,051,475; 2018 AED 975,051; 2019 AED 931,000; 2020 AED 490,000; 2021 AED 630,000; 2022 AED 650,000; 2023 AED 770,000; 2024 AED 820,000; 2025 AED 830,000; 2026 AED 825,000Sold by developer, February 2022: AED 760,480 (AED 1,531 per sqft)

1301A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1301A, each contractTypical studio in Majestine Allure
40K60K201920222025Typical rent by year: 2019 AED 50,000; 2020 AED 40,000; 2021 AED 40,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 65,000; 2025 AED 65,000; 2026 AED 57,000New contract, May 2022: AED 55,000 a yearNew contract, May 2023: AED 63,000 a yearRenewal, May 2024: AED 70,000 a yearNew contract, November 2024: AED 65,000 a yearNew contract, August 2025: AED 60,000 a yearNew contract, August 2026: AED 58,125 a year

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 1301A sits

All 283 studios →

1301A last sold in February 2022 at AED 1,531 per sqft, 13% above what studios in Majestine Allure were fetching at the time (AED 1,356). 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. 1301A's AED 58,125 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Sep 2026740,000
20 Aug 2026740,000
25 Jun 2026750,000
9 Jun 2026830,000
18 studio 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 13th floor

All 497 units in Majestine Allure
Value
1301StudioAED 1.1M · Feb 2015
1302StudioAED 650K · Feb 2019
13033-bedAED 3.8M · Jul 2015
1304StudioAED 690K · Apr 2022
13052-bedAED 2.66M · Aug 2014
13062-bedAED 1.89M · Feb 2022
13071-bedAED 1.97M · Feb 2015
1–7 of 28

1301A, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 4 February 2022 for AED 760,480, or AED 1,531 per sqft.
  • Rented since May 2022 on 6 Ejari contracts, from AED 55,000 to AED 58,125 a year.
  • At AED 58,125 a year the gross yield on the 2022 price is 7.6%.
  • 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 28 August 2026.

Questions about 1301A, Majestine Allure

What did unit 1301A last sell for?

AED 760,480 on 4 February 2022, sold by the developer: AED 1,531 per sqft for 497 sqft. It is the only registered sale of the unit.

What is the rent for unit 1301A?

AED 58,125 a year on the contract signed on 28 August 2026. The previous contract, from August 2025, was AED 60,000; the unit has been rented since May 2022.

How big is unit 1301A?

497 sqft (46.2 sqm): a studio on the 13th floor of a 19-storey tower completed in 2018.

What is unit 1301A 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 1301A, Majestine Allure

Starts from the last sale price (AED 760K, 4 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 760,480
Deposit, UAE resident (20%)
AED 152,096
Deposit, non-resident (40%)
AED 304,192
Monthly over 25 years at 3.7%
AED 3,111

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