Studio · 474 sqftMajestine Allure, Business Bay · 13th floor · completed 2018

1302, Majestine Allure

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold twice, last in February 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1302 · DLD and Ejari recordsUpdated 7 July 2026

Last soldAED 650K20 February 2019

Current rentAED 55K /yr7 July 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1302, Majestine Allure

Today

What is 1302 worth today?

Last sold for AED 650,000 in 2019

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7 Jul 2026

7 Jul 2026RentedNew contract

AED 55,000/yr12 months · AED 116 per sqft

18 Jul 2025

18 Jul 2025RentedRenewal

AED 70,000/yr12 months · AED 148 per sqft

18 Jul 2025

18 Jul 2025RentedRenewal

AED 70,000/yr12 months · AED 148 per sqft

18 Jul 2024

18 Jul 2024RentedNew contract

AED 70,000/yr12 months · AED 148 per sqft

12 May 2023

12 May 2023RentedNew contract

AED 128,000/yr12 months · AED 270 per sqft

12 May 2022

12 May 2022RentedNew contract

AED 65,000/yr12 months · AED 137 per sqft

15 Sep 2021

15 Sep 2021RentedNew contract

AED 65,000/yr12 months · AED 137 per sqft

30 Jun 2019

30 Jun 2019RentedNew contract

AED 55,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 7 July 2026.

Key facts

Type: Studio apartment
Size: 474 sqft
Floor: 13th of 19
Parking: P2-114
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 650K · February 2019
Building: Majestine Allure

About 1302, Majestine Allure

1302 is a studio of 474 sqft on the 13th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 20 February 2019 for AED 650,000, or AED 1,370 per sqft, 30% below the AED 1,959 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 7 July 2026, is AED 55,000 a year: a gross yield of 8.5% on the 2019 price.

Sales and rents for 1302 over time

Sales

Unit 1302, each saleTypical studio in Majestine Allure

1302 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 1302, each contractTypical studio in Majestine Allure

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 1302 sits

All 283 studios →

Studios in Majestine Allure · last 12 months1,718 /sqft Majestine Allure · all types1,539 /sqft

1302 last sold in February 2019 at AED 1,370 per sqft, 30% below what studios in Majestine Allure were fetching at the time (AED 1,959). 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. 1302's AED 55,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
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

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


1301	Studio	499 sqft	AED 1.1MAED 1,102,000 · Feb 2015February 2015	49,000 /yr
1303	3-bed	1,851 sqft	AED 3.8MAED 3,799,050 · Jul 2015July 2015
1304	Studio	572 sqft	AED 690KAED 689,599 · Apr 2022April 2022	64,000 /yr
1305	2-bed	1,495 sqft	AED 2.66MAED 2,661,900 · Aug 2014August 2014	115,000 /yr
1306	2-bed	1,356 sqft	AED 1.89MAED 1,887,480 · Feb 2022February 2022	113,400 /yr
1307	1-bed	978 sqft	AED 1.97MAED 1,973,150 · Feb 2015February 2015	110,000 /yr
1308	1-bed	890 sqft	AED 1.92MAED 1,919,000 · Sep 2014September 2014	100,000 /yr
1309	Studio	612 sqft	AED 1.13MAED 1,130,000 · Feb 2025February 2025	70,000 /yr
1310	2-bed	1,247 sqft	AED 1.79MAED 1,786,000 · Dec 2024December 2024	100,000 /yr
1311	Studio	461 sqft	AED 643KAED 643,000 · Oct 2023October 2023	62,000 /yr
1312	Studio	475 sqft	AED 550KAED 550,000 · Jan 2022January 2022	62,000 /yr
1313	3-bed	1,796 sqft	AED 3.76MAED 3,760,100 · Aug 2014August 2014	165,000 /yr
1314	2-bed	1,068 sqft	AED 1.54MAED 1,535,000 · May 2024May 2024	130,000 /yr
1315	3-bed	1,420 sqft	AED 2.95MAED 2,945,950 · Jun 2015June 2015	160,000 /yr
1316	Studio	430 sqft	AED 922KAED 921,500 · Aug 2015August 2015	53,000 /yr
1317	Studio	479 sqft	AED 1.01MAED 1,007,950 · Dec 2014December 2014	70,000 /yr
1318	Studio	480 sqft	AED 654KAED 654,000 · Feb 2023February 2023	62,508 /yr
1319	Studio	479 sqft	AED 1.01MAED 1,007,950 · Mar 2015March 2015	67,000 /yr
1320	1-bed	897 sqft	AED 960KAED 960,000 · Dec 2022December 2022	84,000 /yr
1301A	Studio	497 sqft	AED 760KAED 760,480 · Feb 2022February 2022	58,125 /yr
1302A	1-bed	853 sqft	AED 1.22MAED 1,220,000 · Oct 2021October 2021	85,000 /yr
1304A	1-bed	1,034 sqft	AED 1.97MAED 1,966,000 · Jan 2023January 2023	105,000 /yr
1311A	Studio	461 sqft	AED 1.04MAED 1,043,100 · Feb 2016February 2016	50,000 /yr
1312A	Studio	457 sqft	AED 1.05MAED 1,048,800 · Feb 2015February 2015	70,000 /yr
1316A	Studio	479 sqft	AED 1.01MAED 1,013,650 · Jul 2015July 2015	50,000 /yr
1317A	Studio	480 sqft	AED 800KAED 800,000 · Feb 2025February 2025	75,000 /yr
1318A	Studio	479 sqft	AED 810KAED 810,000 · Aug 2025August 2025	55,000 /yr
1319A	Studio	467 sqft	AED 750KAED 750,000 · Feb 2024February 2024	65,000 /yr

1–7 of 28

1302, Majestine Allure in numbers

Sold twice: first on 9 June 2015 for AED 995,600, last on 20 February 2019 for AED 650,000 (AED 1,370 per sqft).
Rented since June 2019 on 8 Ejari contracts, at AED 55,000 a year.
At AED 55,000 a year the gross yield on the 2019 price is 8.5%.
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 7 July 2026.

Questions about 1302, Majestine Allure

What did unit 1302 last sell for?

AED 650,000 on 20 February 2019: AED 1,370 per sqft for 474 sqft. The unit has 2 registered sales; the first was AED 995,600 in June 2015.

What is the rent for unit 1302?

AED 55,000 a year on the contract signed on 7 July 2026. The previous contract, from July 2025, was AED 70,000; the unit has been rented since June 2019.

How big is unit 1302?

474 sqft (44.0 sqm): a studio on the 13th floor of a 19-storey tower completed in 2018.

What is unit 1302 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 1302, Majestine Allure

Starts from the last sale price (AED 650K, 20 February 2019). Switch to today's estimate once you have unlocked it.

Price: AED 650,000
Deposit, UAE resident (20%): AED 130,000
Deposit, non-resident (40%): AED 260,000
Monthly over 25 years at 3.7%: AED 2,659

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