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

1318A, Majestine Allure

Sold prices and rental history: sold twice, last in August 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1318A · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 810K8 August 2025
Current rentAED 55K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1318A, Majestine Allure

What is 1318A worth today?

Last sold for AED 810,000 in 2025

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1 Oct 2026RentedNew contract
AED 55,000/yr12 months · AED 114 per sqft
7 Oct 2025RentedNew contract
AED 65,000/yr12 months · AED 136 per sqft
8 Aug 2025SoldReady
AED 810,000AED 1,689 per sqft
12 Sep 2024RentedNew contract
AED 63,000/yr12 months · AED 130 per sqft
30 Aug 2023RentedNew contract
AED 60,000/yr12 months · AED 124 per sqft
22 Jul 2022RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
5 Jul 2021RentedNew contract
AED 41,000/yr12 months · AED 85 per sqft
20 Jun 2020RentedRenewal
AED 40,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio hotel apartment
Size
479 sqft
Floor
13th of 19
Parking
G-24
Developer
Business Tower Investment
Completed
2018
Last sold
AED 810K · August 2025

About 1318A, Majestine Allure

1318A 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. It last sold on 8 August 2025 for AED 810,000, or AED 1,689 per sqft, in line with the AED 1,741 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 1 October 2026, is AED 55,000 a year: a gross yield of 6.8% on the 2025 price.

Sales and rents for 1318A over time

Sales
Unit 1318A, 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, October 2018: AED 946,000 (AED 1,973 per sqft)Sold, August 2025: AED 810,000 (AED 1,689 per sqft)

1318A has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1318A, each contractTypical studio in Majestine Allure
40K60K201920222025Typical 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, June 2019: AED 50,000 a yearRenewal, June 2020: AED 40,000 a yearNew contract, July 2021: AED 41,000 a yearNew contract, July 2022: AED 50,000 a yearNew contract, August 2023: AED 60,000 a yearNew contract, September 2024: AED 63,000 a yearNew contract, October 2025: AED 65,000 a yearNew contract, October 2026: AED 55,000 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 1318A sits

All 283 studios →

1318A last sold in August 2025 at AED 1,689 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 1,741). 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. 1318A's AED 55,000 is in the lower 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

1318A, Majestine Allure in numbers

  • Sold twice: first on 22 October 2018 for AED 946,000, last on 8 August 2025 for AED 810,000 (AED 1,689 per sqft).
  • Rented since June 2019 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 40,000 in 2020 and recovered to AED 55,000 by October 2026.
  • At AED 55,000 a year the gross yield on the 2025 price is 6.8%.
  • 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 2026.

Questions about 1318A, Majestine Allure

What did unit 1318A last sell for?

AED 810,000 on 8 August 2025: AED 1,689 per sqft for 479 sqft. The unit has 2 registered sales; the first was AED 946,000 in October 2018.

What is the rent for unit 1318A?

AED 55,000 a year on the contract signed on 1 October 2026. The previous contract, from October 2025, was AED 65,000; the unit has been rented since June 2019.

How big is unit 1318A?

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

What is unit 1318A 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 1318A, Majestine Allure

Starts from the last sale price (AED 810K, 8 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 810,000
Deposit, UAE resident (20%)
AED 162,000
Deposit, non-resident (40%)
AED 324,000
Monthly over 25 years at 3.7%
AED 3,314

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