1-bed · 897 sqftMajestine Allure, Business Bay · 14th floor · completed 2018

1420, 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 October 2021, 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 1420 · DLD and Ejari recordsUpdated 4 April 2024

Last soldAED 875K19 October 2021

Current rentAED 90K /yr4 April 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1420, Majestine Allure

Today

What is 1420 worth today?

Last sold for AED 875,000 in 2021

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4 Apr 2024

4 Apr 2024RentedRenewal

AED 90,496/yr5 months · AED 101 per sqft

4 Apr 2023

4 Apr 2023RentedNew contract

AED 90,000/yr12 months · AED 100 per sqft

16 Mar 2022

16 Mar 2022RentedNew contract

AED 74,000/yr12 months · AED 82 per sqft

19 Oct 2021

19 Oct 2021SoldReady

AED 875,000AED 975 per sqft

7 Jul 2020

7 Jul 2020RentedNew contract

AED 60,000/yr12 months · AED 67 per sqft

1 Jun 2019

1 Jun 2019RentedNew contract

AED 77,000/yr12 months · AED 86 per sqft

9 Jun 2015

9 Jun 2015Sold by developerOff-plan

AED 1,726,150AED 1,924 per sqft

Source: Dubai Land Department. Updated 4 April 2024.

Key facts

Type: 1-bed hotel apartment
Size: 897 sqft
Floor: 14th of 19
Parking: P3-07
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 875K · October 2021
Building: Majestine Allure

About 1420, Majestine Allure

1420 is a one-bedroom hotel apartment of 897 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 19 October 2021 for AED 875,000, or AED 975 per sqft, 20% below the AED 1,219 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 4 April 2024, is AED 90,496 a year: a gross yield of 10.3% on the 2021 price.

Sales and rents for 1420 over time

Sales

Unit 1420, each saleTypical one-bed in Majestine Allure

1420 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1420, each contractTypical one-bed in Majestine Allure

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 1420 sits

All 147 1-beds →

1-beds in Majestine Allure · last 12 months1,426 /sqft Majestine Allure · all types1,539 /sqft

1420 last sold in October 2021 at AED 975 per sqft, 20% below what one-beds in Majestine Allure were fetching at the time (AED 1,219). 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. 1420's AED 90,496 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
18 Aug 202618 August 2026	1,006 sqft	1,250,000	1,243
20 Jul 202620 July 2026	956 sqft	1,282,931	1,342
23 Apr 202623 April 2026	1,034 sqft	1,433,816	1,387
6 Apr 20266 April 2026	944 sqft	1,305,000	1,381

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


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
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
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

1420, Majestine Allure in numbers

Sold twice: first on 9 June 2015 for AED 1,726,150, last on 19 October 2021 for AED 875,000 (AED 975 per sqft).
Rented since June 2019 on 5 Ejari contracts. The rent fell from AED 77,000 to AED 60,000 in 2020 and recovered to AED 90,496 by April 2024.
At AED 90,496 a year the gross yield on the 2021 price is 10.3%.
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 4 April 2024.

Questions about 1420, Majestine Allure

What did unit 1420 last sell for?

AED 875,000 on 19 October 2021: AED 975 per sqft for 897 sqft. The unit has 2 registered sales; the first was AED 1,726,150 in June 2015.

What is the rent for unit 1420?

AED 90,496 a year on the contract renewed on 4 April 2024. The previous contract, from April 2023, was AED 90,000; the unit has been rented since June 2019.

How big is unit 1420?

897 sqft (83.3 sqm): a one-bedroom hotel apartment on the 14th floor of a 19-storey tower completed in 2018.

What is unit 1420 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 1420, Majestine Allure

Starts from the last sale price (AED 875K, 19 October 2021). Switch to today's estimate once you have unlocked it.

Price: AED 875,000
Deposit, UAE resident (20%): AED 175,000
Deposit, non-resident (40%): AED 350,000
Monthly over 25 years at 3.7%: AED 3,580

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