1-bed · 890 sqftMajestine Allure, Business Bay · 15th floor · completed 2018

1508, 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 once, by the developer in August 2014, 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 1508 · DLD and Ejari recordsUpdated 22 November 2025

Last soldAED 1.93M6 August 2014

Current rentAED 100K /yr22 November 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1508, Majestine Allure

Today

What is 1508 worth today?

Last sold for AED 1,929,450 in 2014

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22 Nov 2025

22 Nov 2025RentedRenewal

AED 100,000/yr12 months · AED 112 per sqft

22 Nov 2024

22 Nov 2024RentedNew contract

AED 100,000/yr12 months · AED 112 per sqft

15 Dec 2022

15 Dec 2022RentedNew contract

AED 90,000/yr12 months · AED 101 per sqft

12 Apr 2021

12 Apr 2021RentedNew contract

AED 65,000/yr12 months · AED 73 per sqft

6 Apr 2020

6 Apr 2020RentedRenewal

AED 76,000/yr12 months · AED 86 per sqft

6 Apr 2019

6 Apr 2019RentedNew contract

AED 80,000/yr12 months · AED 90 per sqft

6 Aug 2014

6 Aug 2014Sold by developerOff-plan

AED 1,929,450AED 2,168 per sqft

Source: Dubai Land Department. Updated 22 November 2025.

Key facts

Type: 1-bed apartment
Size: 890 sqft
Floor: 15th of 19
Parking: P3-18
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 1.93M · August 2014
Building: Majestine Allure

About 1508, Majestine Allure

1508 is a one-bedroom apartment of 890 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 6 August 2014 for AED 1,929,450, or AED 2,168 per sqft, 18% above the AED 1,833 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 22 November 2025, is AED 100,000 a year: a gross yield of 5.2% on the 2014 price.

Sales and rents for 1508 over time

Sales

Unit 1508, each saleTypical one-bed in Majestine Allure

1508 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1508, 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 1508 sits

All 147 1-beds →

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

1508 last sold in August 2014 at AED 2,168 per sqft, 18% above what one-beds in Majestine Allure were fetching at the time (AED 1,833). 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. 1508's AED 100,000 is in the upper 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 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
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

1–7 of 28

1508, Majestine Allure in numbers

Sold once: by Business Tower Investment on 6 August 2014 for AED 1,929,450, or AED 2,168 per sqft.
Rented since April 2019 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 65,000 in 2021 and recovered to AED 100,000 by November 2025.
At AED 100,000 a year the gross yield on the 2014 price is 5.2%.
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 22 November 2025.

Questions about 1508, Majestine Allure

What did unit 1508 last sell for?

AED 1,929,450 on 6 August 2014, sold by the developer: AED 2,168 per sqft for 890 sqft. It is the only registered sale of the unit.

What is the rent for unit 1508?

AED 100,000 a year on the contract renewed on 22 November 2025. The previous contract, from November 2024, was AED 100,000; the unit has been rented since April 2019.

How big is unit 1508?

890 sqft (82.7 sqm): a one-bedroom apartment on the 15th floor of a 19-storey tower completed in 2018.

What is unit 1508 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 1508, Majestine Allure

Starts from the last sale price (AED 1.93M, 6 August 2014). Switch to today's estimate once you have unlocked it.

Price: AED 1,929,450
Deposit, UAE resident (20%): AED 385,890
Deposit, non-resident (40%): AED 771,780
Monthly over 25 years at 3.7%: AED 7,894

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