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2-bed · 1,068 sqftMajestine Allure, Business Bay · 15th floor · completed 2018

1514, Majestine Allure

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1514 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 1.5M3 August 2023
Current rentAED 135K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1514, Majestine Allure

What is 1514 worth today?

Last sold for AED 1,500,000 in 2023

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1 Apr 2026RentedNew contract
AED 135,000/yr12 months · AED 127 per sqft
8 May 2025RentedRenewal
AED 135,000/yr12 months · AED 127 per sqft
8 May 2025RentedRenewal
AED 135,000/yr12 months · AED 127 per sqft
8 May 2024RentedNew contract
AED 135,000/yr12 months · AED 127 per sqft
1 Sep 2023RentedNew contract
AED 125,000/yr12 months · AED 117 per sqft
3 Aug 2023SoldReady
AED 1,500,000AED 1,403 per sqft
20 Jul 2022RentedNew contract
AED 95,000/yr12 months · AED 89 per sqft
28 Dec 2021SoldReady
AED 1,250,000AED 1,169 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
2-bed hotel apartment
Size
1,068 sqft
Floor
15th of 19
Parking
P3-25
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.5M · August 2023
Building
Majestine Allure

About 1514, Majestine Allure

1514 is a two-bedroom hotel apartment of 1,068 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 3 August 2023 for AED 1,500,000, or AED 1,403 per sqft, in line with the AED 1,403 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 1 April 2026, is AED 135,000 a year: a gross yield of 9.0% on the 2023 price.

Sales and rents for 1514 over time

Sales
Unit 1514, 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, October 2015: AED 2,160,300 (AED 2,021 per sqft)Sold, December 2021: AED 1,250,000 (AED 1,169 per sqft)Sold, August 2023: AED 1,500,000 (AED 1,403 per sqft)

1514 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1514, each contractTypical two-bed in Majestine Allure
75K100K125K20192021202320252027Typical 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, September 2021: AED 85,000 a yearNew contract, July 2022: AED 95,000 a yearNew contract, September 2023: AED 125,000 a yearNew contract, May 2024: AED 135,000 a yearRenewal, May 2025: AED 135,000 a yearRenewal, May 2025: AED 135,000 a yearNew contract, April 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 1514 sits

All 45 2-beds →

1514 last sold in August 2023 at AED 1,403 per sqft, in line with what two-beds in Majestine Allure were fetching at the time (AED 1,403). 1514's AED 135,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jun 20251,981,400
28 May 20251,530,000
20 May 20251,800,000
22 Jan 20251,730,000
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
15052-bedAED 1.98M · Jun 2025
15062-bedAED 2.99M · Apr 2015
15071-bedAED 1.29M · Jun 2024
1–7 of 28

1514, Majestine Allure in numbers

  • Sold 3 times: first on 28 October 2015 for AED 2,160,300, last on 3 August 2023 for AED 1,500,000 (AED 1,403 per sqft).
  • Rented since September 2021 on 7 Ejari contracts, from AED 85,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2023 price is 9.0%.

Source: Dubai Land Department. Updated 1 April 2026.

Questions about 1514, Majestine Allure

What did unit 1514 last sell for?

AED 1,500,000 on 3 August 2023: AED 1,403 per sqft for 1,068 sqft. The unit has 3 registered sales; the first was AED 2,160,300 in October 2015.

What is the rent for unit 1514?

AED 135,000 a year on the contract signed on 1 April 2026. The previous contract, from May 2025, was AED 135,000; the unit has been rented since September 2021.

How big is unit 1514?

1,068 sqft (99.2 sqm): a two-bedroom hotel apartment on the 15th floor of a 19-storey tower completed in 2018.

What is unit 1514 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 1514, Majestine Allure

Starts from the last sale price (AED 1.5M, 3 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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