Studio · 453 sqftMajestine Allure, Business Bay · 15th floor · completed 2018

1503A, 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 February 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1503A · DLD and Ejari recordsUpdated 21 September 2026

Last soldAED 805K8 February 2024

Current rentAED 50K /yr21 September 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1503A, Majestine Allure

Today

What is 1503A worth today?

Last sold for AED 805,000 in 2024

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21 Sep 2026

21 Sep 2026RentedNew contract

AED 50,000/yr12 months · AED 110 per sqft

24 May 2025

24 May 2025RentedNew contract

AED 72,000/yr12 months · AED 159 per sqft

24 May 2025

24 May 2025RentedNew contract

AED 72,000/yr12 months · AED 159 per sqft

20 May 2024

20 May 2024RentedNew contract

AED 68,000/yr12 months · AED 150 per sqft

8 Feb 2024

8 Feb 2024SoldReady

AED 805,000AED 1,775 per sqft

12 May 2023

12 May 2023RentedNew contract

AED 65,000/yr12 months · AED 144 per sqft

1 May 2022

1 May 2022RentedNew contract

AED 40,000/yr12 months · AED 88 per sqft

10 Apr 2021

10 Apr 2021RentedNew contract

AED 34,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 21 September 2026.

Key facts

Type: Studio apartment
Size: 453 sqft
Floor: 15th of 19
Parking: P3-12
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 805K · February 2024
Building: Majestine Allure

About 1503A, Majestine Allure

1503A is a studio of 453 sqft on the 15th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. It last sold on 8 February 2024 for AED 805,000, or AED 1,775 per sqft, 10% above the AED 1,610 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 21 September 2026, is AED 50,000 a year: a gross yield of 6.2% on the 2024 price.

Sales and rents for 1503A over time

Sales

Unit 1503A, each saleTypical studio in Majestine Allure

1503A has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 1503A, 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 1503A sits

All 283 studios →

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

1503A last sold in February 2024 at AED 1,775 per sqft, 10% above what studios in Majestine Allure were fetching at the time (AED 1,610). 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. 1503A's AED 50,000 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 15th floor

All 497 units in Majestine Allure


1501	Studio	125 sqft	AED 1.19MAED 1,188,450 · Jan 2015January 2015	65,000 /yr
1502	2-bed	1,304 sqft	AED 2.48MAED 2,483,300 · Jun 2015June 2015	99,000 /yr
1503	Studio	459 sqft	AED 550KAED 550,000 · Jun 2021June 2021	50,000 /yr
1504	2-bed	1,608 sqft	AED 2.86MAED 2,864,640 · Apr 2023April 2023	130,000 /yr
1505	2-bed	1,491 sqft	AED 1.98MAED 1,981,400 · Jun 2025June 2025	135,000 /yr
1506	2-bed	1,352 sqft	AED 2.99MAED 2,993,450 · Apr 2015April 2015	135,000 /yr
1507	1-bed	978 sqft	AED 1.29MAED 1,285,000 · Jun 2024June 2024	93,000 /yr
1508	1-bed	890 sqft	AED 1.93MAED 1,929,450 · Aug 2014August 2014	100,000 /yr
1509	Studio	607 sqft	AED 1.14MAED 1,141,700 · Nov 2018November 2018	66,000 /yr
1510	2-bed	1,242 sqft	AED 2.47MAED 2,468,100 · Dec 2014December 2014	140,000 /yr
1511	Studio	461 sqft	AED 904KAED 904,000 · Feb 2019February 2019	50,000 /yr
1512	1-bed	925 sqft	AED 2.07MAED 2,065,300 · Aug 2014August 2014	80,000 /yr
1513	Studio	447 sqft	AED 820KAED 820,000 · Nov 2024November 2024	60,000 /yr
1514	2-bed	1,068 sqft	AED 1.5MAED 1,500,000 · Aug 2023August 2023	135,000 /yr
1515	3-bed	1,420 sqft	AED 2.43MAED 2,428,000 · Jan 2025January 2025	150,000 /yr
1516	1-bed	904 sqft	AED 1.67MAED 1,666,000 · Mar 2023March 2023
1517	Studio	481 sqft	AED 820KAED 820,000 · Apr 2026April 2026	59,000 /yr
1518	Studio	480 sqft	AED 1.02MAED 1,016,500 · Jun 2015June 2015	52,000 /yr
1519	Studio	481 sqft	AED 1.01MAED 1,012,700 · Dec 2014December 2014	36,000 /yr
1520	1-bed	897 sqft	AED 1.65MAED 1,654,240 · Jan 2023January 2023	65,000 /yr
1501A	Studio	496 sqft	AED 650KAED 650,000 · May 2022May 2022	63,823 /yr
1503B	1-bed	820 sqft	AED 1.24MAED 1,237,740 · Feb 2022February 2022	80,000 /yr
1511A	Studio	461 sqft	AED 1.07MAED 1,070,000 · Feb 2015February 2015
1513A	1-bed	894 sqft	AED 1.35MAED 1,350,000 · Mar 2026March 2026	105,000 /yr
1513B	Studio	456 sqft	AED 870KAED 870,000 · Jan 2023January 2023	70,000 /yr
1517A	Studio	478 sqft	AED 1.01MAED 1,010,800 · Oct 2015October 2015	67,000 /yr
1518A	Studio	479 sqft	AED 750KAED 750,000 · Dec 2025December 2025	45,000 /yr
1519A	Studio	466 sqft	AED 1.03MAED 1,026,950 · Apr 2015April 2015	55,000 /yr

1–7 of 28

1503A, Majestine Allure in numbers

Sold twice: first on 31 July 2016 for AED 1,025,050, last on 8 February 2024 for AED 805,000 (AED 1,775 per sqft).
Rented since March 2020 on 8 Ejari contracts. The rent fell from AED 54,853 to AED 34,000 in 2021 and recovered to AED 50,000 by September 2026.
At AED 50,000 a year the gross yield on the 2024 price is 6.2%.
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 21 September 2026.

Questions about 1503A, Majestine Allure

What did unit 1503A last sell for?

AED 805,000 on 8 February 2024: AED 1,775 per sqft for 453 sqft. The unit has 2 registered sales; the first was AED 1,025,050 in July 2016.

What is the rent for unit 1503A?

AED 50,000 a year on the contract signed on 21 September 2026. The previous contract, from May 2025, was AED 72,000; the unit has been rented since March 2020.

How big is unit 1503A?

453 sqft (42.1 sqm): a studio on the 15th floor of a 19-storey tower completed in 2018.

What is unit 1503A 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 1503A, Majestine Allure

Starts from the last sale price (AED 805K, 8 February 2024). Switch to today's estimate once you have unlocked it.

Price: AED 805,000
Deposit, UAE resident (20%): AED 161,000
Deposit, non-resident (40%): AED 322,000
Monthly over 25 years at 3.7%: AED 3,294

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