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2-bed · 1,247 sqftMajestine Allure, Business Bay · 13th floor · completed 2018

1310, Majestine Allure

Sold prices and rental history: sold twice, last in December 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1310 · DLD and Ejari recordsUpdated 9 December 2024
Last soldAED 1.79M9 December 2024
Current rentAED 100K /yr11 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1310, Majestine Allure

What is 1310 worth today?

Last sold for AED 1,786,000 in 2024

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9 Dec 2024SoldReady
AED 1,786,000AED 1,432 per sqft
11 Jan 2022RentedNew contract
AED 100,000/yr12 months · AED 80 per sqft
2 Jan 2021RentedNew contract
AED 80,000/yr12 months · AED 64 per sqft
9 Sep 2019RentedNew contract
AED 99,723/yr12 months · AED 80 per sqft
20 Feb 2019Sold by developerReady
AED 2,128,000AED 1,706 per sqft

Source: Dubai Land Department. Updated 9 December 2024.

Key facts

Type
2-bed apartment
Size
1,247 sqft
Floor
13th of 19
Parking
P2-121
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.79M · December 2024
Building
Majestine Allure

About 1310, Majestine Allure

1310 is a two-bedroom apartment of 1,247 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 9 December 2024 for AED 1,786,000, or AED 1,432 per sqft, in line with the AED 1,450 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 11 January 2022, is AED 100,000 a year: a gross yield of 5.6% on the 2024 price.

Sales and rents for 1310 over time

Sales
Unit 1310, 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 2019: AED 2,128,000 (AED 1,706 per sqft)Sold, December 2024: AED 1,786,000 (AED 1,432 per sqft)

1310 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1310, each contractTypical two-bed in Majestine Allure
75K100K125K20192021202320252027Typical 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, September 2019: AED 99,723 a yearNew contract, January 2021: AED 80,000 a yearNew contract, January 2022: AED 100,000 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 1310 sits

All 45 2-beds →

1310 last sold in December 2024 at AED 1,432 per sqft, in line with what two-beds in Majestine Allure were fetching at the time (AED 1,450). 1310's AED 100,000 is at the bottom 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
13062-bedAED 1.89M · Feb 2022
13071-bedAED 1.97M · Feb 2015
1–7 of 28

1310, Majestine Allure in numbers

  • Sold twice: first on 20 February 2019 for AED 2,128,000, last on 9 December 2024 for AED 1,786,000 (AED 1,432 per sqft).
  • Rented since September 2019 on 3 Ejari contracts. The rent fell from AED 99,723 to AED 80,000 in 2021 and recovered to AED 100,000 by January 2022.
  • At AED 100,000 a year the gross yield on the 2024 price is 5.6%.

Source: Dubai Land Department. Updated 9 December 2024.

Questions about 1310, Majestine Allure

What did unit 1310 last sell for?

AED 1,786,000 on 9 December 2024: AED 1,432 per sqft for 1,247 sqft. The unit has 2 registered sales; the first was AED 2,128,000 in February 2019.

What is the rent for unit 1310?

AED 100,000 a year on the contract signed on 11 January 2022. The previous contract, from January 2021, was AED 80,000; the unit has been rented since September 2019.

How big is unit 1310?

1,247 sqft (115.9 sqm): a two-bedroom apartment on the 13th floor of a 19-storey tower completed in 2018.

What is unit 1310 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 1310, Majestine Allure

Starts from the last sale price (AED 1.79M, 9 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,786,000
Deposit, UAE resident (20%)
AED 357,200
Deposit, non-resident (40%)
AED 714,400
Monthly over 25 years at 3.7%
AED 7,307

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