Studio · 612 sqftMajestine Allure, Business Bay · 14th floor · completed 2018

1409, Majestine Allure

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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.

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Unit 1409 · DLD and Ejari recordsUpdated 29 December 2026

Last soldAED 1.54M14 August 2014

Current rentAED 60K /yr29 December 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1409, Majestine Allure

Today

What is 1409 worth today?

Last sold for AED 1,535,500 in 2014

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29 Dec 2026

29 Dec 2026RentedRenewal

AED 60,000/yr12 months · AED 98 per sqft

29 Dec 2025

29 Dec 2025RentedRenewal

AED 60,000/yr12 months · AED 98 per sqft

29 Dec 2024

29 Dec 2024RentedNew contract

AED 60,000/yr12 months · AED 98 per sqft

2 Oct 2023

2 Oct 2023RentedNew contract

AED 52,000/yr12 months · AED 85 per sqft

2 Oct 2022

2 Oct 2022RentedRenewal

AED 46,000/yr12 months · AED 75 per sqft

2 Oct 2021

2 Oct 2021RentedNew contract

AED 43,000/yr12 months · AED 70 per sqft

29 Oct 2020

29 Oct 2020RentedNew contract

AED 40,000/yr12 months · AED 65 per sqft

15 Oct 2019

15 Oct 2019RentedNew contract

AED 50,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 29 December 2026.

Key facts

Type: Studio apartment
Size: 612 sqft
Floor: 14th of 19
Parking: P2-142
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 1.54M · August 2014
Building: Majestine Allure

About 1409, Majestine Allure

1409 is a studio of 612 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 1,535,500, or AED 2,508 per sqft.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 29 December 2026, is AED 60,000 a year: a gross yield of 3.9% on the 2014 price.

Sales and rents for 1409 over time

Sales

Unit 1409, each saleTypical studio in Majestine Allure

1409 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 1409, each contractTypical studio in Majestine Allure

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 1409 sits

All 283 studios →

Studios in Majestine Allure · last 12 months1,718 /sqft Majestine Allure · all types1,539 /sqft

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. 1409's AED 60,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
15 Sep 202615 September 2026	475 sqft	740,000	1,557
20 Aug 202620 August 2026	430 sqft	740,000	1,721
25 Jun 202625 June 2026	493 sqft	750,000	1,521
9 Jun 20269 June 2026	617 sqft	830,000	1,346

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 14th floor

All 497 units in Majestine Allure


1401	Studio	499 sqft	AED 1.19MAED 1,186,550 · Jun 2015June 2015	60,000 /yr
1402	Studio	474 sqft	AED 1MAED 1,000,350 · Oct 2015October 2015	60,000 /yr
1403	3-bed	1,850 sqft	AED 3.6MAED 3,601,950 · Aug 2014August 2014	160,000 /yr
1404	2-bed	1,609 sqft	AED 2.96MAED 2,960,000 · Aug 2014August 2014	150,000 /yr
1405	Studio	493 sqft	AED 750KAED 750,000 · Jun 2026June 2026
1406	2-bed	1,357 sqft	AED 2.66MAED 2,656,600 · Aug 2014August 2014	130,000 /yr
1407	1-bed	978 sqft	AED 1.94MAED 1,936,950 · Aug 2014August 2014	95,000 /yr
1408	1-bed	890 sqft	AED 1.72MAED 1,724,200 · Aug 2014August 2014	87,000 /yr
1410	2-bed	1,247 sqft	AED 2.47MAED 2,465,280 · Apr 2015April 2015	103,000 /yr
1411	Studio	461 sqft	AED 904KAED 904,000 · Feb 2019February 2019	54,504 /yr
1412	Studio	475 sqft	AED 740KAED 740,000 · Sep 2026September 2026	52,000 /yr
1413	Studio	447 sqft	AED 988KAED 988,000 · Jul 2015July 2015	65,000 /yr
1414	2-bed	1,068 sqft	AED 2.16MAED 2,160,300 · Jun 2015June 2015	125,000 /yr
1415	3-bed	1,420 sqft	AED 2.86MAED 2,863,800 · Aug 2014August 2014	110,000 /yr
1416	Studio	430 sqft	AED 510KAED 510,000 · May 2021May 2021	55,000 /yr
1417	1-bed	954 sqft	AED 1.82MAED 1,816,700 · Aug 2014August 2014	95,000 /yr
1418	1-bed	954 sqft	AED 1.84MAED 1,842,600 · Sep 2014September 2014	85,000 /yr
1419	1-bed	942 sqft	AED 1.84MAED 1,842,600 · Sep 2014September 2014	72,000 /yr
1420	1-bed	897 sqft	AED 875KAED 875,000 · Oct 2021October 2021	90,496 /yr
1401A	Studio	497 sqft	AED 1.04MAED 1,038,350 · Apr 2015April 2015	63,000 /yr
1402A	1-bed	853 sqft	AED 1.35MAED 1,351,000 · Mar 2025March 2025	65,000 /yr
1405A	1-bed	1,003 sqft	AED 1.73MAED 1,731,660 · Nov 2019November 2019	80,000 /yr
1411A	Studio	461 sqft	AED 825KAED 825,000 · Mar 2026March 2026	62,000 /yr
1412A	Studio	457 sqft	AED 1.05MAED 1,054,500 · Apr 2015April 2015	65,000 /yr
1413A	1-bed	894 sqft	AED 1.24MAED 1,236,750 · Aug 2021August 2021	79,000 /yr
1413B	Studio	456 sqft	AED 630KAED 630,000 · Sep 2019September 2019	50,000 /yr
1416A	Studio	479 sqft	AED 800KAED 800,000 · May 2023May 2023

1–7 of 27

1409, Majestine Allure in numbers

Sold once: by Business Tower Investment on 14 August 2014 for AED 1,535,500, or AED 2,508 per sqft.
Rented since October 2019 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 40,000 in 2020 and recovered to AED 60,000 by December 2026.
At AED 60,000 a year the gross yield on the 2014 price is 3.9%.
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 29 December 2026.

Questions about 1409, Majestine Allure

What did unit 1409 last sell for?

AED 1,535,500 on 14 August 2014, sold by the developer: AED 2,508 per sqft for 612 sqft. It is the only registered sale of the unit.

What is the rent for unit 1409?

AED 60,000 a year on the contract renewed on 29 December 2026. The previous contract, from December 2025, was AED 60,000; the unit has been rented since October 2019.

How big is unit 1409?

612 sqft (56.9 sqm): a studio on the 14th floor of a 19-storey tower completed in 2018.

What is unit 1409 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 1409, Majestine Allure

Starts from the last sale price (AED 1.54M, 14 August 2014). Switch to today's estimate once you have unlocked it.

Price: AED 1,535,500
Deposit, UAE resident (20%): AED 307,100
Deposit, non-resident (40%): AED 614,200
Monthly over 25 years at 3.7%: AED 6,282

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