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2-bed · 1,356 sqftMajestine Allure, Business Bay · 13th floor · completed 2018

1306, 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 1306 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 1.89M17 February 2022
Current rentAED 130K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1306, Majestine Allure

What is 1306 worth today?

Last sold for AED 1,887,480 in 2022

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1 Oct 2026RentedNew contract
AED 130,000/yr12 months · AED 96 per sqft
1 Oct 2026RentedRenewal
AED 113,400/yr6 months · AED 84 per sqft
10 Jan 2026RentedRenewal
AED 140,000/yr12 months · AED 103 per sqft
1 Oct 2025RentedNew contract
AED 135,000/yr12 months · AED 100 per sqft
10 Jan 2025RentedRenewal
AED 150,000/yr12 months · AED 111 per sqft
10 Jan 2024RentedNew contract
AED 150,000/yr12 months · AED 111 per sqft
25 Nov 2022RentedNew contract
AED 120,000/yr12 months · AED 88 per sqft
17 Feb 2022Sold by developerReady
AED 1,887,480AED 1,391 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
2-bed apartment
Size
1,356 sqft
Floor
13th of 19
Parking
P2-118
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.89M · February 2022
Building
Majestine Allure

About 1306, Majestine Allure

1306 is a two-bedroom apartment of 1,356 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 17 February 2022 for AED 1,887,480, or AED 1,391 per sqft, 5% above the AED 1,323 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, signed on 1 October 2026, is AED 130,000 a year: a gross yield of 6.9% on the 2022 price.

Sales and rents for 1306 over time

Sales
Unit 1306, each saleTypical two-bed in Majestine Allure
2M20142017202020232026Typical sale price by year: 2014 AED 2,455,275; 2015 AED 2,435,800; 2018 AED 1,922,550; 2021 AED 1,300,000; 2022 AED 1,613,740; 2023 AED 2,125,000; 2024 AED 1,805,500; 2025 AED 1,765,000Sold by developer, February 2022: AED 1,887,480 (AED 1,391 per sqft)

1306 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1306, each contractTypical two-bed in Majestine Allure
100K150K201920222025Typical rent by year: 2019 AED 100,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 100,000; 2023 AED 121,319; 2024 AED 130,000; 2025 AED 133,000; 2026 AED 122,500New contract, November 2022: AED 120,000 a yearNew contract, January 2024: AED 150,000 a yearRenewal, January 2025: AED 150,000 a yearNew contract, October 2025: AED 135,000 a yearRenewal, January 2026: AED 140,000 a yearNew contract, October 2026: AED 130,000 a yearRenewal, October 2026: AED 113,400 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Majestine Allure, and where 1306 sits

All 45 2-beds →

1306 last sold in February 2022 at AED 1,391 per sqft, 5% above what two-beds in Majestine Allure were fetching at the time (AED 1,323). 1306's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jun 20251,981,400
28 May 20251,530,000
20 May 20251,800,000
22 Jan 20251,730,000
0 2-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 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
13071-bedAED 1.97M · Feb 2015
13081-bedAED 1.92M · Sep 2014
1–7 of 28

1306, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 17 February 2022 for AED 1,887,480, or AED 1,391 per sqft.
  • Rented since November 2022 on 7 Ejari contracts, from AED 120,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2022 price is 6.9%.

Source: Dubai Land Department. Updated 1 October 2026.

Questions about 1306, Majestine Allure

What did unit 1306 last sell for?

AED 1,887,480 on 17 February 2022, sold by the developer: AED 1,391 per sqft for 1,356 sqft. It is the only registered sale of the unit.

What is the rent for unit 1306?

AED 130,000 a year on the contract signed on 1 October 2026. The previous contract, from October 2026, was AED 113,400; the unit has been rented since November 2022.

How big is unit 1306?

1,356 sqft (126.0 sqm): a two-bedroom apartment on the 13th floor of a 19-storey tower completed in 2018.

What is unit 1306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1306, Majestine Allure

Starts from the last sale price (AED 1.89M, 17 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,887,480
Deposit, UAE resident (20%)
AED 377,496
Deposit, non-resident (40%)
AED 754,992
Monthly over 25 years at 3.7%
AED 7,722

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