2-bed · 1,491 sqftMajestine Allure, Business Bay · 15th floor · completed 2018

1505, Majestine Allure

Sold prices and rental history: sold 3 times, last in June 2025, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 16 September 2026
Last soldAED 1.98M30 June 2025
Current rentAED 135K /yr16 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Majestine Allure

What is 1505 worth today?

Last sold for AED 1,981,400 in 2025

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16 Sep 2026RentedRenewal
AED 135,000/yr12 months · AED 91 per sqft
16 Sep 2025RentedNew contract
AED 135,000/yr12 months · AED 91 per sqft
30 Jun 2025SoldReady
AED 1,981,400AED 1,328 per sqft
22 Jul 2024RentedNew contract
AED 130,000/yr12 months · AED 87 per sqft
27 Sep 2023SoldReady
AED 2,100,000AED 1,408 per sqft
24 Jan 2022Sold by developerReady
AED 2,282,000AED 1,530 per sqft

Source: Dubai Land Department. Updated 16 September 2026.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
15th of 19
Parking
P3-15
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.98M · June 2025

About 1505, Majestine Allure

1505 is a two-bedroom apartment of 1,491 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 30 June 2025 for AED 1,981,400, or AED 1,328 per sqft, in line with the AED 1,328 two-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 16 September 2026, is AED 135,000 a year: a gross yield of 6.8% on the 2025 price.

Sales and rents for 1505 over time

Sales
Unit 1505, each saleTypical two-bed in Majestine Allure
2M20142017202020232026Typical sale price by year: 2014 AED 2,455,275; 2015 AED 2,435,800; 2018 AED 1,922,550; 2021 AED 1,300,000; 2022 AED 1,613,740; 2023 AED 2,125,000; 2024 AED 1,805,500; 2025 AED 1,765,000Sold by developer, January 2022: AED 2,282,000 (AED 1,530 per sqft)Sold, September 2023: AED 2,100,000 (AED 1,408 per sqft)Sold, June 2025: AED 1,981,400 (AED 1,328 per sqft)

1505 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1505, each contractTypical two-bed in Majestine Allure
75K100K125K201920222025Typical rent by year: 2019 AED 100,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 100,000; 2023 AED 121,319; 2024 AED 130,000; 2025 AED 133,000; 2026 AED 122,500New contract, July 2024: AED 130,000 a yearNew contract, September 2025: AED 135,000 a yearRenewal, September 2026: AED 135,000 a year

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 1505 sits

All 45 2-beds →

1505 last sold in June 2025 at AED 1,328 per sqft, in line with what two-beds in Majestine Allure were fetching at the time (AED 1,328). 1505's AED 135,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 May 20251,530,000
20 May 20251,800,000
22 Jan 20251,730,000
9 Dec 20241,786,000
0 2-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
15062-bedAED 2.99M · Apr 2015
15071-bedAED 1.29M · Jun 2024
15081-bedAED 1.93M · Aug 2014
1–7 of 28

1505, Majestine Allure in numbers

  • Sold 3 times: first on 24 January 2022 for AED 2,282,000, last on 30 June 2025 for AED 1,981,400 (AED 1,328 per sqft).
  • Rented since July 2024 on 3 Ejari contracts, from AED 130,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2025 price is 6.8%.

Source: Dubai Land Department. Updated 16 September 2026.

Questions about 1505, Majestine Allure

What did unit 1505 last sell for?

AED 1,981,400 on 30 June 2025: AED 1,328 per sqft for 1,491 sqft. The unit has 3 registered sales; the first was AED 2,282,000 in January 2022.

What is the rent for unit 1505?

AED 135,000 a year on the contract renewed on 16 September 2026. The previous contract, from September 2025, was AED 135,000; the unit has been rented since July 2024.

How big is unit 1505?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 15th floor of a 19-storey tower completed in 2018.

What is unit 1505 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 1505, Majestine Allure

Starts from the last sale price (AED 1.98M, 30 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,981,400
Deposit, UAE resident (20%)
AED 396,280
Deposit, non-resident (40%)
AED 792,560
Monthly over 25 years at 3.7%
AED 8,107

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