Home
Dubai prices
About
Research
Studio · 456 sqftMajestine Allure, Business Bay · 15th floor · completed 2018

1513B, Majestine Allure

Sold prices and rental history: sold once, by the developer in January 2023, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1513B · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 870K12 January 2023
Current rentAED 70K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1513B

Property timeline for 1513B, Majestine Allure

What is 1513B worth today?

Last sold for AED 870,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2024RentedNew contract
AED 70,000/yr12 months · AED 154 per sqft
12 Jan 2023Sold by developerReady
AED 870,000AED 1,909 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
Studio apartment
Size
456 sqft
Floor
15th of 19
Parking
P3-24
Developer
Business Tower Investment
Completed
2018
Last sold
AED 870K · January 2023
Building
Majestine Allure

About 1513B, Majestine Allure

1513B is a studio of 456 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 12 January 2023 for AED 870,000, or AED 1,909 per sqft, 39% above the AED 1,378 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2024. The current contract, signed on 1 March 2024, is AED 70,000 a year: a gross yield of 8.1% on the 2023 price.

Sales and rents for 1513B over time

Sales
Unit 1513B, each saleTypical studio in Majestine Allure
500K1M2014201820222026Typical sale price by year: 2014 AED 1,012,700; 2015 AED 1,008,900; 2016 AED 1,021,725; 2017 AED 1,051,475; 2018 AED 975,051; 2019 AED 931,000; 2020 AED 490,000; 2021 AED 630,000; 2022 AED 650,000; 2023 AED 770,000; 2024 AED 820,000; 2025 AED 830,000; 2026 AED 825,000Sold by developer, January 2023: AED 870,000 (AED 1,909 per sqft)

1513B has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1513B, each contractTypical studio in Majestine Allure
40K60K20192021202320252027Typical rent by year: 2019 AED 50,000; 2020 AED 40,000; 2021 AED 40,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 65,000; 2025 AED 65,000; 2026 AED 57,000New contract, March 2024: AED 70,000 a year

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 1513B sits

All 283 studios →

1513B last sold in January 2023 at AED 1,909 per sqft, 39% above what studios in Majestine Allure were fetching at the time (AED 1,378). 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. 1513B's AED 70,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Sep 2026740,000
20 Aug 2026740,000
25 Jun 2026750,000
9 Jun 2026830,000
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
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

1513B, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 12 January 2023 for AED 870,000, or AED 1,909 per sqft.
  • Rented since March 2024 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 8.1%.
  • 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 1 March 2024.

Questions about 1513B, Majestine Allure

What did unit 1513B last sell for?

AED 870,000 on 12 January 2023, sold by the developer: AED 1,909 per sqft for 456 sqft. It is the only registered sale of the unit.

What is the rent for unit 1513B?

AED 70,000 a year on the contract signed on 1 March 2024.

How big is unit 1513B?

456 sqft (42.4 sqm): a studio on the 15th floor of a 19-storey tower completed in 2018.

What is unit 1513B 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.

Selling 1513B? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1513B, Majestine Allure

Starts from the last sale price (AED 870K, 12 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

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