1504, Majestine Allure
Sold prices and rental history: sold once, by the developer in April 2023, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, Majestine Allure
What is 1504 worth today?
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Source: Dubai Land Department. Updated 10 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,608 sqft
- Floor
- 15th of 19
- Parking
- P3-14
- Developer
- Business Tower Investment
- Completed
- 2018
- Last sold
- AED 2.86M · April 2023
- Building
- Majestine Allure
About 1504, Majestine Allure
1504 is a two-bedroom apartment of 1,608 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 10 April 2023 for AED 2,864,640, or AED 1,781 per sqft, in line with the AED 1,730 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 August 2024. The current contract, signed on 10 August 2024, is AED 130,000 a year: a gross yield of 4.5% on the 2023 price.
Sales and rents for 1504 over time
1504 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Majestine Allure, and where 1504 sits
All 45 2-beds →1504 last sold in April 2023 at AED 1,781 per sqft, in line with what two-beds in Majestine Allure were fetching at the time (AED 1,730). 1504's AED 130,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jun 202530 June 2025 | 1,491 sqft | 1,981,400 | 1,328 | ||
| 28 May 202528 May 2025 | 1,242 sqft | 1,530,000 | 1,231 | ||
| 20 May 202520 May 2025 | 1,608 sqft | 1,800,000 | 1,119 | ||
| 22 Jan 202522 January 2025 | 1,221 sqft | 1,730,000 | 1,416 |
Majestine Allure
Building497 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%
Other units on the 15th floor
All 497 units in Majestine Allure| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 | |
| 1503A | Studio | 453 sqft | AED 805KAED 805,000 · Feb 2024February 2024 | 50,000 /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 |
1504, Majestine Allure in numbers
- Sold once: by Business Tower Investment on 10 April 2023 for AED 2,864,640, or AED 1,781 per sqft.
- Rented since August 2024 on one Ejari contract, at AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2023 price is 4.5%.
Source: Dubai Land Department. Updated 10 August 2024.
Questions about 1504, Majestine Allure
What did unit 1504 last sell for?
AED 2,864,640 on 10 April 2023, sold by the developer: AED 1,781 per sqft for 1,608 sqft. It is the only registered sale of the unit.
What is the rent for unit 1504?
AED 130,000 a year on the contract signed on 10 August 2024.
How big is unit 1504?
1,608 sqft (149.4 sqm): a two-bedroom apartment on the 15th floor of a 19-storey tower completed in 2018.
What is unit 1504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1504, Majestine Allure
Starts from the last sale price (AED 2.86M, 10 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,864,640
- Deposit, UAE resident (20%)
- AED 572,928
- Deposit, non-resident (40%)
- AED 1,145,856
- Monthly over 25 years at 3.7%
- AED 11,720
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →