2-bed · 1,609 sqftMajestine Allure, Business Bay · 14th floor · completed 2018

1404, Majestine Allure

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

Unit 1404 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 2.96M14 August 2014
Current rentAED 130K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Majestine Allure

What is 1404 worth today?

Last sold for AED 2,960,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jun 2026RentedRenewal
AED 130,000/yr12 months · AED 81 per sqft
1 Jun 2026RentedRenewal
AED 150,000/yr12 months · AED 93 per sqft
1 Jun 2025RentedRenewal
AED 130,000/yr12 months · AED 81 per sqft
1 Jun 2025RentedRenewal
AED 170,000/yr12 months · AED 105 per sqft
1 Jun 2025RentedRenewal
AED 170,000/yr12 months · AED 105 per sqft
1 Jun 2025RentedRenewal
AED 130,000/yr12 months · AED 81 per sqft
1 Jun 2024RentedRenewal
AED 130,000/yr12 months · AED 81 per sqft
1 Jun 2024RentedRenewal
AED 130,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
2-bed apartment
Size
1,609 sqft
Floor
14th of 19
Parking
P2-137
Developer
Business Tower Investment
Completed
2018
Last sold
AED 2.96M · August 2014

About 1404, Majestine Allure

1404 is a two-bedroom apartment of 1,609 sqft on the 14th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 14 August 2014 for AED 2,960,000, or AED 1,839 per sqft, 3% below the AED 1,899 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 13 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 130,000 a year: a gross yield of 4.4% on the 2014 price.

Sales and rents for 1404 over time

Sales
Unit 1404, each saleTypical two-bed in Majestine Allure
2M3M20142017202020232026Typical 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, August 2014: AED 2,960,000 (AED 1,839 per sqft)

1404 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1404, each contractTypical two-bed in Majestine Allure
100K150K20192021202320252027Typical 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, October 2019: AED 95,000 a yearNew contract, November 2020: AED 80,000 a yearRenewal, November 2021: AED 85,000 a yearRenewal, November 2022: AED 93,000 a yearNew contract, June 2023: AED 130,000 a yearRenewal, June 2024: AED 130,000 a yearRenewal, June 2024: AED 130,000 a yearRenewal, June 2025: AED 130,000 a yearRenewal, June 2025: AED 170,000 a yearRenewal, June 2025: AED 170,000 a yearRenewal, June 2025: AED 130,000 a yearRenewal, June 2026: AED 130,000 a yearRenewal, June 2026: AED 150,000 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 1404 sits

All 45 2-beds →

1404 last sold in August 2014 at AED 1,839 per sqft, 3% below what two-beds in Majestine Allure were fetching at the time (AED 1,899). 1404'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 14th floor

All 497 units in Majestine Allure
Value
1401StudioAED 1.19M · Jun 2015
1402StudioAED 1M · Oct 2015
14033-bedAED 3.6M · Aug 2014
1405StudioAED 750K · Jun 2026
14062-bedAED 2.66M · Aug 2014
14071-bedAED 1.94M · Aug 2014
14081-bedAED 1.72M · Aug 2014
1–7 of 27

1404, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 14 August 2014 for AED 2,960,000, or AED 1,839 per sqft.
  • Rented since October 2019 on 13 Ejari contracts. The rent fell from AED 95,000 to AED 80,000 in 2020 and recovered to AED 130,000 by June 2026.
  • At AED 130,000 a year the gross yield on the 2014 price is 4.4%.

Source: Dubai Land Department. Updated 1 June 2026.

Questions about 1404, Majestine Allure

What did unit 1404 last sell for?

AED 2,960,000 on 14 August 2014, sold by the developer: AED 1,839 per sqft for 1,609 sqft. It is the only registered sale of the unit.

What is the rent for unit 1404?

AED 130,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2026, was AED 150,000; the unit has been rented since October 2019.

How big is unit 1404?

1,609 sqft (149.5 sqm): a two-bedroom apartment on the 14th floor of a 19-storey tower completed in 2018.

What is unit 1404 worth today?

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

Selling 1404? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1404, Majestine Allure

Starts from the last sale price (AED 2.96M, 14 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,960,000
Deposit, UAE resident (20%)
AED 592,000
Deposit, non-resident (40%)
AED 1,184,000
Monthly over 25 years at 3.7%
AED 12,110

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