Studio · 447 sqftMajestine Allure, Business Bay · 14th floor · completed 2018

1413, Majestine Allure

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1413 · DLD and Ejari recordsUpdated 25 May 2026
Last soldAED 988K28 July 2015
Current rentAED 65K /yr25 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1413, Majestine Allure

What is 1413 worth today?

Last sold for AED 988,000 in 2015

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25 May 2026RentedRenewal
AED 65,000/yr12 months · AED 145 per sqft
25 May 2025RentedNew contract
AED 65,000/yr12 months · AED 145 per sqft
25 May 2025RentedNew contract
AED 65,000/yr12 months · AED 145 per sqft
22 Mar 2024RentedNew contract
AED 70,000/yr12 months · AED 157 per sqft
6 Mar 2023RentedNew contract
AED 62,000/yr12 months · AED 137 per sqft
1 Feb 2022RentedRenewal
AED 42,900/yr12 months · AED 95 per sqft
1 Feb 2021RentedNew contract
AED 40,000/yr12 months · AED 88 per sqft
1 Jan 2020RentedNew contract
AED 50,000/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 25 May 2026.

Key facts

Type
Studio apartment
Size
447 sqft
Floor
14th of 19
Parking
P2-146
Developer
Business Tower Investment
Completed
2018
Last sold
AED 988K · July 2015

About 1413, Majestine Allure

1413 is a studio of 447 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 28 July 2015 for AED 988,000, or AED 2,210 per sqft, in line with the AED 2,174 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 25 May 2026, is AED 65,000 a year: a gross yield of 6.6% on the 2015 price.

Sales and rents for 1413 over time

Sales
Unit 1413, 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, July 2015: AED 988,000 (AED 2,210 per sqft)

1413 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1413, 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, January 2020: AED 50,000 a yearNew contract, February 2021: AED 40,000 a yearRenewal, February 2022: AED 42,900 a yearNew contract, March 2023: AED 62,000 a yearNew contract, March 2024: AED 70,000 a yearNew contract, May 2025: AED 65,000 a yearNew contract, May 2025: AED 65,000 a yearRenewal, May 2026: AED 65,000 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 1413 sits

All 283 studios →

1413 last sold in July 2015 at AED 2,210 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,174). 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. 1413's AED 65,000 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 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
14071-bedAED 1.94M · Aug 2014
1–7 of 27

1413, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 28 July 2015 for AED 988,000, or AED 2,210 per sqft.
  • Rented since January 2020 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 40,000 in 2021 and recovered to AED 65,000 by May 2026.
  • At AED 65,000 a year the gross yield on the 2015 price is 6.6%.
  • 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 25 May 2026.

Questions about 1413, Majestine Allure

What did unit 1413 last sell for?

AED 988,000 on 28 July 2015, sold by the developer: AED 2,210 per sqft for 447 sqft. It is the only registered sale of the unit.

What is the rent for unit 1413?

AED 65,000 a year on the contract renewed on 25 May 2026. The previous contract, from May 2025, was AED 65,000; the unit has been rented since January 2020.

How big is unit 1413?

447 sqft (41.5 sqm): a studio on the 14th floor of a 19-storey tower completed in 2018.

What is unit 1413 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 1413, Majestine Allure

Starts from the last sale price (AED 988K, 28 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 988,000
Deposit, UAE resident (20%)
AED 197,600
Deposit, non-resident (40%)
AED 395,200
Monthly over 25 years at 3.7%
AED 4,042

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