1-bed · 820 sqftMajestine Allure, Business Bay · 15th floor · completed 2018

1503B, Majestine Allure

Sold prices and rental history: sold once, by the developer in February 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503B · DLD and Ejari recordsUpdated 3 September 2026
Last soldAED 1.24M4 February 2022
Current rentAED 80K /yr3 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503B, Majestine Allure

What is 1503B worth today?

Last sold for AED 1,237,740 in 2022

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3 Sep 2026RentedNew contract
AED 80,000/yr12 months · AED 98 per sqft
3 Jun 2025RentedRenewal
AED 100,000/yr12 months · AED 122 per sqft
3 Jun 2024RentedNew contract
AED 100,000/yr12 months · AED 122 per sqft
13 May 2023RentedNew contract
AED 94,000/yr12 months · AED 115 per sqft
29 Mar 2022RentedNew contract
AED 80,000/yr12 months · AED 98 per sqft
4 Feb 2022Sold by developerReady
AED 1,237,740AED 1,508 per sqft

Source: Dubai Land Department. Updated 3 September 2026.

Key facts

Type
1-bed apartment
Size
820 sqft
Floor
15th of 19
Parking
P3-13
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.24M · February 2022

About 1503B, Majestine Allure

1503B is a one-bedroom apartment of 820 sqft on the 15th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 4 February 2022 for AED 1,237,740, or AED 1,508 per sqft, 19% above the AED 1,265 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 3 September 2026, is AED 80,000 a year: a gross yield of 6.5% on the 2022 price.

Sales and rents for 1503B over time

Sales
Unit 1503B, each saleTypical one-bed in Majestine Allure
1M1.5M2014201820222026Typical sale price by year: 2014 AED 1,779,350; 2015 AED 1,730,900; 2016 AED 1,719,000; 2017 AED 1,517,000; 2018 AED 1,552,655; 2019 AED 1,677,000; 2020 AED 1,040,000; 2021 AED 912,500; 2022 AED 1,336,500; 2023 AED 1,656,120; 2024 AED 1,320,000; 2025 AED 1,262,500; 2026 AED 1,327,500Sold by developer, February 2022: AED 1,237,740 (AED 1,508 per sqft)

1503B has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1503B, each contractTypical one-bed in Majestine Allure
60K80K100K201920222025Typical rent by year: 2019 AED 75,000; 2020 AED 61,500; 2021 AED 64,000; 2022 AED 75,000; 2023 AED 87,000; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 90,000New contract, March 2022: AED 80,000 a yearNew contract, May 2023: AED 94,000 a yearNew contract, June 2024: AED 100,000 a yearRenewal, June 2025: AED 100,000 a yearNew contract, September 2026: AED 80,000 a year

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 1503B sits

All 147 1-beds →

1503B last sold in February 2022 at AED 1,508 per sqft, 19% above what one-beds in Majestine Allure were fetching at the time (AED 1,265). 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. 1503B's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Aug 20261,250,000
20 Jul 20261,282,931
23 Apr 20261,433,816
6 Apr 20261,305,000
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 15th floor

All 497 units in Majestine Allure
Value
1501StudioAED 1.19M · Jan 2015
15022-bedAED 2.48M · Jun 2015
1503StudioAED 550K · Jun 2021
15042-bedAED 2.86M · Apr 2023
15052-bedAED 1.98M · Jun 2025
15062-bedAED 2.99M · Apr 2015
15071-bedAED 1.29M · Jun 2024
1–7 of 28

1503B, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 4 February 2022 for AED 1,237,740, or AED 1,508 per sqft.
  • Rented since March 2022 on 5 Ejari contracts, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 6.5%.
  • 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 3 September 2026.

Questions about 1503B, Majestine Allure

What did unit 1503B last sell for?

AED 1,237,740 on 4 February 2022, sold by the developer: AED 1,508 per sqft for 820 sqft. It is the only registered sale of the unit.

What is the rent for unit 1503B?

AED 80,000 a year on the contract signed on 3 September 2026. The previous contract, from June 2025, was AED 100,000; the unit has been rented since March 2022.

How big is unit 1503B?

820 sqft (76.2 sqm): a one-bedroom apartment on the 15th floor of a 19-storey tower completed in 2018.

What is unit 1503B 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 1503B, Majestine Allure

Starts from the last sale price (AED 1.24M, 4 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,237,740
Deposit, UAE resident (20%)
AED 247,548
Deposit, non-resident (40%)
AED 495,096
Monthly over 25 years at 3.7%
AED 5,064

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