Studio · 572 sqftMajestine Allure, Business Bay · 13th floor · completed 2018

1304, 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 April 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1304 · DLD and Ejari recordsUpdated 1 October 2024

Last soldAED 690K20 April 2022

Current rentAED 64K /yr1 October 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1304, Majestine Allure

Today

What is 1304 worth today?

Last sold for AED 689,599 in 2022

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1 Oct 2024

1 Oct 2024RentedNew contract

AED 64,000/yr12 months · AED 112 per sqft

5 Mar 2023

5 Mar 2023RentedNew contract

AED 62,000/yr12 months · AED 109 per sqft

20 Apr 2022

20 Apr 2022SoldReady

AED 689,599AED 1,205 per sqft

4 Nov 2021

4 Nov 2021RentedRenewal

AED 66,000/yr12 months · AED 116 per sqft

4 Nov 2021

4 Nov 2021RentedNew contract

AED 66,000/yr12 months · AED 116 per sqft

4 Nov 2020

4 Nov 2020RentedNew contract

AED 57,000/yr12 months · AED 100 per sqft

20 Feb 2019

20 Feb 2019Sold by developerReady

AED 1,125,000AED 1,966 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type: Studio apartment
Size: 572 sqft
Floor: 13th of 19
Parking: nan
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 690K · April 2022
Building: Majestine Allure

About 1304, Majestine Allure

1304 is a studio of 572 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 April 2022 for AED 689,599, or AED 1,205 per sqft, 13% below the AED 1,381 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 October 2024, is AED 64,000 a year: a gross yield of 9.3% on the 2022 price.

Sales and rents for 1304 over time

Sales

Unit 1304, each saleTypical studio in Majestine Allure

1304 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 1304, 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 1304 sits

All 283 studios →

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

1304 last sold in April 2022 at AED 1,205 per sqft, 13% below what studios in Majestine Allure were fetching at the time (AED 1,381). 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. 1304's AED 64,000 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
1302	Studio	474 sqft	AED 650KAED 650,000 · Feb 2019February 2019	55,000 /yr
1303	3-bed	1,851 sqft	AED 3.8MAED 3,799,050 · Jul 2015July 2015
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

1304, Majestine Allure in numbers

Sold twice: first on 20 February 2019 for AED 1,125,000, last on 20 April 2022 for AED 689,599 (AED 1,205 per sqft).
Rented since November 2020 on 5 Ejari contracts, from AED 57,000 to AED 64,000 a year.
At AED 64,000 a year the gross yield on the 2022 price is 9.3%.
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 October 2024.

Questions about 1304, Majestine Allure

What did unit 1304 last sell for?

AED 689,599 on 20 April 2022: AED 1,205 per sqft for 572 sqft. The unit has 2 registered sales; the first was AED 1,125,000 in February 2019.

What is the rent for unit 1304?

AED 64,000 a year on the contract signed on 1 October 2024. The previous contract, from March 2023, was AED 62,000; the unit has been rented since November 2020.

How big is unit 1304?

572 sqft (53.1 sqm): a studio on the 13th floor of a 19-storey tower completed in 2018.

What is unit 1304 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 1304, Majestine Allure

Starts from the last sale price (AED 690K, 20 April 2022). Switch to today's estimate once you have unlocked it.

Price: AED 689,599
Deposit, UAE resident (20%): AED 137,920
Deposit, non-resident (40%): AED 275,840
Monthly over 25 years at 3.7%: AED 2,821

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