3-bed · 1,420 sqftMajestine Allure, Business Bay · 15th floor · completed 2018

1515, Majestine Allure

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1515 · DLD and Ejari recordsUpdated 20 May 2026
Last soldAED 2.43M15 January 2025
Current rentAED 150K /yr20 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1515, Majestine Allure

What is 1515 worth today?

Last sold for AED 2,428,000 in 2025

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20 May 2026RentedRenewal
AED 150,000/yr12 months · AED 106 per sqft
20 May 2025RentedNew contract
AED 165,000/yr12 months · AED 116 per sqft
20 May 2025RentedNew contract
AED 165,000/yr12 months · AED 116 per sqft
15 Jan 2025SoldReady
AED 2,428,000AED 1,709 per sqft
17 Dec 2023RentedNew contract
AED 220,000/yr12 months · AED 156 per sqft
1 Oct 2022RentedNew contract
AED 200,000/yr12 months · AED 141 per sqft
7 Jan 2022RentedNew contract
AED 163,000/yr12 months · AED 115 per sqft
3 Jan 2022Sold by developerReady
AED 2,027,000AED 1,427 per sqft

Source: Dubai Land Department. Updated 20 May 2026.

Key facts

Type
3-bed apartment
Size
1,420 sqft
Floor
15th of 19
Parking
P3-95, P3-99
Developer
Business Tower Investment
Completed
2018
Last sold
AED 2.43M · January 2025

About 1515, Majestine Allure

1515 is a three-bedroom apartment of 1,420 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 15 January 2025 for AED 2,428,000, or AED 1,709 per sqft, in line with the AED 1,709 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 20 May 2026, is AED 150,000 a year: a gross yield of 6.2% on the 2025 price.

Sales and rents for 1515 over time

Sales
Unit 1515, each saleTypical three-bed in Majestine Allure
2M3M20142017202020232026Typical sale price by year: 2014 AED 3,601,950; 2015 AED 2,945,950; 2018 AED 2,349,000; 2022 AED 2,027,000; 2025 AED 2,400,000Sold by developer, January 2022: AED 2,027,000 (AED 1,427 per sqft)Sold, January 2025: AED 2,428,000 (AED 1,709 per sqft)

1515 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1515, each contractTypical three-bed in Majestine Allure
100K200K20192021202320252027Typical rent by year: 2019 AED 115,000; 2020 AED 101,500; 2021 AED 105,500; 2022 AED 138,000; 2023 AED 155,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 150,000New contract, January 2022: AED 163,000 a yearNew contract, October 2022: AED 200,000 a yearNew contract, December 2023: AED 220,000 a yearNew contract, May 2025: AED 165,000 a yearNew contract, May 2025: AED 165,000 a yearRenewal, May 2026: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Majestine Allure, and where 1515 sits

All 22 3-beds →

1515 last sold in January 2025 at AED 1,709 per sqft, in line with what three-beds in Majestine Allure were fetching at the time (AED 1,709). Over the last 12 months three-beds sold for AED 1,850,000 to 2,400,000, around AED 1,496 per sqft, and rent for AED 110,000 to 200,000 a year. 1515's AED 150,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Apr 20261,850,000
18 Nov 20252,400,000
15 Aug 20252,060,000
16 Dec 20242,500,000
2 3-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

1515, Majestine Allure in numbers

  • Sold twice: first on 3 January 2022 for AED 2,027,000, last on 15 January 2025 for AED 2,428,000 (AED 1,709 per sqft).
  • Rented since January 2022 on 6 Ejari contracts, from AED 163,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2025 price is 6.2%.
  • Three-beds in Majestine Allure sold for AED 1,850,000–2,400,000 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 20 May 2026.

Questions about 1515, Majestine Allure

What did unit 1515 last sell for?

AED 2,428,000 on 15 January 2025: AED 1,709 per sqft for 1,420 sqft. The unit has 2 registered sales; the first was AED 2,027,000 in January 2022.

What is the rent for unit 1515?

AED 150,000 a year on the contract renewed on 20 May 2026. The previous contract, from May 2025, was AED 165,000; the unit has been rented since January 2022.

How big is unit 1515?

1,420 sqft (131.9 sqm): a three-bedroom apartment on the 15th floor of a 19-storey tower completed in 2018.

What is unit 1515 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Majestine Allure sold for AED 1,850,000 to 2,400,000 in the last 12 months, around AED 1,496 per sqft.

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Mortgage on 1515, Majestine Allure

Starts from the last sale price (AED 2.43M, 15 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,428,000
Deposit, UAE resident (20%)
AED 485,600
Deposit, non-resident (40%)
AED 971,200
Monthly over 25 years at 3.7%
AED 9,934

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