Studio · 430 sqftMajestine Allure, Business Bay · 14th floor · completed 2018

1416, 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 twice, last in May 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 1416

Unit 1416 · DLD and Ejari recordsUpdated 18 July 2026

Last soldAED 510K4 May 2021

Current rentAED 55K /yr18 July 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 1416

Property timeline for 1416, Majestine Allure

Today

What is 1416 worth today?

Last sold for AED 510,000 in 2021

Unlock today's estimate, updated daily, with

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

18 Jul 2026

18 Jul 2026RentedNew contract

AED 55,000/yr12 months · AED 128 per sqft

18 Jul 2025

18 Jul 2025RentedNew contract

AED 60,000/yr12 months · AED 139 per sqft

22 Aug 2024

22 Aug 2024RentedNew contract

AED 60,000/yr12 months · AED 140 per sqft

4 Jul 2023

4 Jul 2023RentedNew contract

AED 60,000/yr12 months · AED 140 per sqft

20 Jun 2022

20 Jun 2022RentedNew contract

AED 78,000/yr12 months · AED 181 per sqft

30 Sep 2021

30 Sep 2021RentedNew contract

AED 66,000/yr12 months · AED 153 per sqft

4 May 2021

4 May 2021SoldReady

AED 510,000AED 1,186 per sqft

4 Apr 2019

4 Apr 2019RentedNew contract

AED 55,000/yr12 months · AED 128 per sqft

Source: Dubai Land Department. Updated 18 July 2026.

Key facts

Type: Studio apartment
Size: 430 sqft
Floor: 14th of 19
Parking: P3-02
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 510K · May 2021
Building: Majestine Allure

About 1416, Majestine Allure

1416 is a studio of 430 sqft on the 14th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 4 May 2021 for AED 510,000, or AED 1,186 per sqft, 10% above the AED 1,075 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 18 July 2026, is AED 55,000 a year: a gross yield of 10.8% on the 2021 price.

Sales and rents for 1416 over time

Sales

Unit 1416, each saleTypical studio in Majestine Allure

1416 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 1416, 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 1416 sits

All 283 studios →

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

1416 last sold in May 2021 at AED 1,186 per sqft, 10% above what studios in Majestine Allure were fetching at the time (AED 1,075). 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. 1416's AED 55,000 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
1409	Studio	612 sqft	AED 1.54MAED 1,535,500 · Aug 2014August 2014	60,000 /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
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

1416, Majestine Allure in numbers

Sold twice: first on 23 February 2015 for AED 925,300, last on 4 May 2021 for AED 510,000 (AED 1,186 per sqft).
Rented since April 2019 on 7 Ejari contracts, at AED 55,000 a year.
At AED 55,000 a year the gross yield on the 2021 price is 10.8%.
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 18 July 2026.

Questions about 1416, Majestine Allure

What did unit 1416 last sell for?

AED 510,000 on 4 May 2021: AED 1,186 per sqft for 430 sqft. The unit has 2 registered sales; the first was AED 925,300 in February 2015.

What is the rent for unit 1416?

AED 55,000 a year on the contract signed on 18 July 2026. The previous contract, from July 2025, was AED 60,000; the unit has been rented since April 2019.

How big is unit 1416?

430 sqft (39.9 sqm): a studio on the 14th floor of a 19-storey tower completed in 2018.

What is unit 1416 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.

Selling 1416? 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 1416, Majestine Allure

Starts from the last sale price (AED 510K, 4 May 2021). Switch to today's estimate once you have unlocked it.

Price: AED 510,000
Deposit, UAE resident (20%): AED 102,000
Deposit, non-resident (40%): AED 204,000
Monthly over 25 years at 3.7%: AED 2,087

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