Studio · 479 sqftMajestine Allure, Business Bay · 13th floor · completed 2018

1317, Majestine Allure

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1317 · DLD and Ejari recordsUpdated 30 December 2025
Last soldAED 1.01M9 December 2014
Current rentAED 70K /yr30 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1317, Majestine Allure

What is 1317 worth today?

Last sold for AED 1,007,950 in 2014

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30 Dec 2025RentedNew contract
AED 70,000/yr12 months · AED 146 per sqft
22 Nov 2024RentedNew contract
AED 70,000/yr12 months · AED 146 per sqft
4 Jul 2024RentedRenewal
AED 56,221/yr4 months · AED 117 per sqft
4 Jul 2023RentedRenewal
AED 55,650/yr12 months · AED 116 per sqft
4 Jul 2022RentedNew contract
AED 53,000/yr12 months · AED 111 per sqft
25 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
16 Aug 2020RentedNew contract
AED 35,000/yr12 months · AED 72 per sqft
15 May 2019RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 30 December 2025.

Key facts

Type
Studio apartment
Size
479 sqft
Floor
13th of 19
Parking
P2-127
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.01M · December 2014

About 1317, Majestine Allure

1317 is a studio of 479 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 9 December 2014 for AED 1,007,950, or AED 2,102 per sqft, in line with the AED 2,143 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 30 December 2025, is AED 70,000 a year: a gross yield of 6.9% on the 2014 price.

Sales and rents for 1317 over time

Sales
Unit 1317, 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, December 2014: AED 1,007,950 (AED 2,102 per sqft)

1317 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1317, each contractTypical studio in Majestine Allure
40K60K20192021202320252027Typical 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 2019: AED 45,000 a yearNew contract, August 2020: AED 35,000 a yearNew contract, October 2021: AED 40,000 a yearNew contract, July 2022: AED 53,000 a yearRenewal, July 2023: AED 55,650 a yearRenewal, July 2024: AED 56,221 a yearNew contract, November 2024: AED 70,000 a yearNew contract, December 2025: AED 70,000 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 1317 sits

All 283 studios →

1317 last sold in December 2014 at AED 2,102 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,143). 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. 1317's AED 70,000 is in the upper 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

1317, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 9 December 2014 for AED 1,007,950, or AED 2,102 per sqft.
  • Rented since May 2019 on 8 Ejari contracts. The rent fell from AED 45,000 to AED 35,000 in 2020 and recovered to AED 70,000 by December 2025.
  • At AED 70,000 a year the gross yield on the 2014 price is 6.9%.
  • 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 30 December 2025.

Questions about 1317, Majestine Allure

What did unit 1317 last sell for?

AED 1,007,950 on 9 December 2014, sold by the developer: AED 2,102 per sqft for 479 sqft. It is the only registered sale of the unit.

What is the rent for unit 1317?

AED 70,000 a year on the contract signed on 30 December 2025. The previous contract, from November 2024, was AED 70,000; the unit has been rented since May 2019.

How big is unit 1317?

479 sqft (44.5 sqm): a studio on the 13th floor of a 19-storey tower completed in 2018.

What is unit 1317 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 1317, Majestine Allure

Starts from the last sale price (AED 1.01M, 9 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,007,950
Deposit, UAE resident (20%)
AED 201,590
Deposit, non-resident (40%)
AED 403,180
Monthly over 25 years at 3.7%
AED 4,124

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