1-bed · 978 sqftMajestine Allure, Business Bay · 14th floor · completed 2018

1407, 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 1407 · DLD and Ejari recordsUpdated 31 January 2026
Last soldAED 1.94M14 August 2014
Current rentAED 95K /yr31 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Majestine Allure

What is 1407 worth today?

Last sold for AED 1,936,950 in 2014

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31 Jan 2026RentedRenewal
AED 95,000/yr12 months · AED 97 per sqft
20 Oct 2025RentedRenewal
AED 95,000/yr12 months · AED 97 per sqft
31 Jan 2025RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft
31 Jan 2025RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft
20 Oct 2024RentedRenewal
AED 80,000/yr12 months · AED 82 per sqft
20 Oct 2023RentedNew contract
AED 80,000/yr12 months · AED 82 per sqft
20 Oct 2022RentedRenewal
AED 70,000/yr12 months · AED 71 per sqft
20 Oct 2021RentedRenewal
AED 65,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 31 January 2026.

Key facts

Type
1-bed apartment
Size
978 sqft
Floor
14th of 19
Parking
P2-140
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.94M · August 2014

About 1407, Majestine Allure

1407 is a one-bedroom apartment of 978 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 1,936,950, or AED 1,979 per sqft, 3% above the AED 1,921 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, renewed on 31 January 2026, is AED 95,000 a year: a gross yield of 4.9% on the 2014 price.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical one-bed in Majestine Allure
1M1.5M2M2014201820222026Typical sale price by year: 2014 AED 1,779,350; 2015 AED 1,730,900; 2016 AED 1,719,000; 2017 AED 1,517,000; 2018 AED 1,552,655; 2019 AED 1,677,000; 2020 AED 1,040,000; 2021 AED 912,500; 2022 AED 1,336,500; 2023 AED 1,656,120; 2024 AED 1,320,000; 2025 AED 1,262,500; 2026 AED 1,327,500Sold by developer, August 2014: AED 1,936,950 (AED 1,979 per sqft)

1407 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1407, each contractTypical one-bed in Majestine Allure
60K80K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 61,500; 2021 AED 64,000; 2022 AED 75,000; 2023 AED 87,000; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 90,000New contract, October 2019: AED 75,000 a yearRenewal, October 2020: AED 60,000 a yearRenewal, October 2021: AED 65,000 a yearRenewal, October 2022: AED 70,000 a yearNew contract, October 2023: AED 80,000 a yearRenewal, October 2024: AED 80,000 a yearNew contract, January 2025: AED 90,000 a yearNew contract, January 2025: AED 90,000 a yearRenewal, October 2025: AED 95,000 a yearRenewal, January 2026: AED 95,000 a year

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

1-beds in Majestine Allure, and where 1407 sits

All 147 1-beds →

1407 last sold in August 2014 at AED 1,979 per sqft, 3% above what one-beds in Majestine Allure were fetching at the time (AED 1,921). Over the last 12 months one-beds sold for AED 1,250,000 to 1,433,816, around AED 1,426 per sqft, and rent for AED 70,000 to 120,000 a year. 1407's AED 95,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Aug 20261,250,000
20 Jul 20261,282,931
23 Apr 20261,433,816
6 Apr 20261,305,000
10 1-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
14042-bedAED 2.96M · Aug 2014
1405StudioAED 750K · Jun 2026
14062-bedAED 2.66M · Aug 2014
14081-bedAED 1.72M · Aug 2014
1–7 of 27

1407, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 14 August 2014 for AED 1,936,950, or AED 1,979 per sqft.
  • Rented since October 2019 on 10 Ejari contracts. The rent fell from AED 75,000 to AED 60,000 in 2020 and recovered to AED 95,000 by January 2026.
  • At AED 95,000 a year the gross yield on the 2014 price is 4.9%.
  • One-beds in Majestine Allure sold for AED 1,250,000–1,433,816 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 31 January 2026.

Questions about 1407, Majestine Allure

What did unit 1407 last sell for?

AED 1,936,950 on 14 August 2014, sold by the developer: AED 1,979 per sqft for 978 sqft. It is the only registered sale of the unit.

What is the rent for unit 1407?

AED 95,000 a year on the contract renewed on 31 January 2026. The previous contract, from October 2025, was AED 95,000; the unit has been rented since October 2019.

How big is unit 1407?

978 sqft (90.9 sqm): a one-bedroom apartment on the 14th floor of a 19-storey tower completed in 2018.

What is unit 1407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Majestine Allure sold for AED 1,250,000 to 1,433,816 in the last 12 months, around AED 1,426 per sqft.

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Mortgage on 1407, Majestine Allure

Starts from the last sale price (AED 1.94M, 14 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,936,950
Deposit, UAE resident (20%)
AED 387,390
Deposit, non-resident (40%)
AED 774,780
Monthly over 25 years at 3.7%
AED 7,925

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