Studio · 479 sqftMajestine Allure, Business Bay · 15th floor · completed 2018

1518A, 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 twice, last in December 2025, 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 1518A · DLD and Ejari recordsUpdated 10 December 2025

Last soldAED 750K10 December 2025

Current rentAED 45K /yr1 July 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1518A, Majestine Allure

Today

What is 1518A worth today?

Last sold for AED 750,000 in 2025

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10 Dec 2025

10 Dec 2025SoldReady

AED 750,000AED 1,564 per sqft

1 Jul 2024

1 Jul 2024RentedRenewal

AED 45,000/yr12 months · AED 93 per sqft

1 Jul 2023

1 Jul 2023RentedRenewal

AED 45,000/yr12 months · AED 93 per sqft

1 Jul 2023

1 Jul 2023RentedNew contract

AED 45,000/yr12 months · AED 93 per sqft

1 Jul 2022

1 Jul 2022RentedRenewal

AED 40,000/yr12 months · AED 83 per sqft

1 Jun 2019

1 Jun 2019RentedNew contract

AED 48,000/yr13 months · AED 99 per sqft

9 Dec 2014

9 Dec 2014Sold by developerOff-plan

AED 1,012,700AED 2,112 per sqft

Source: Dubai Land Department. Updated 10 December 2025.

Key facts

Type: Studio apartment
Size: 479 sqft
Floor: 15th of 19
Parking: P3-30
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 750K · December 2025
Building: Majestine Allure

About 1518A, Majestine Allure

1518A is a studio of 479 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 10 December 2025 for AED 750,000, or AED 1,564 per sqft, 9% below the AED 1,712 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 45,000 a year: a gross yield of 6.0% on the 2025 price.

Sales and rents for 1518A over time

Sales

Unit 1518A, each saleTypical studio in Majestine Allure

1518A has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 1518A, each contractTypical studio in Majestine Allure

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 1518A sits

All 283 studios →

Studios in Majestine Allure · last 12 months1,718 /sqft Majestine Allure · all types1,539 /sqft

1518A last sold in December 2025 at AED 1,564 per sqft, 9% below what studios in Majestine Allure were fetching at the time (AED 1,712). 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. 1518A's AED 45,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
15 Sep 202615 September 2026	475 sqft	740,000	1,557
20 Aug 202620 August 2026	430 sqft	740,000	1,721
25 Jun 202625 June 2026	493 sqft	750,000	1,521
9 Jun 20269 June 2026	617 sqft	830,000	1,346

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


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
1508	1-bed	890 sqft	AED 1.93MAED 1,929,450 · Aug 2014August 2014	100,000 /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
1519A	Studio	466 sqft	AED 1.03MAED 1,026,950 · Apr 2015April 2015	55,000 /yr

1–7 of 28

1518A, Majestine Allure in numbers

Sold twice: first on 9 December 2014 for AED 1,012,700, last on 10 December 2025 for AED 750,000 (AED 1,564 per sqft).
Rented since June 2019 on 5 Ejari contracts. The rent fell from AED 48,000 to AED 40,000 in 2022 and recovered to AED 45,000 by July 2024.
At AED 45,000 a year the gross yield on the 2025 price is 6.0%.
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 10 December 2025.

Questions about 1518A, Majestine Allure

What did unit 1518A last sell for?

AED 750,000 on 10 December 2025: AED 1,564 per sqft for 479 sqft. The unit has 2 registered sales; the first was AED 1,012,700 in December 2014.

What is the rent for unit 1518A?

AED 45,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 45,000; the unit has been rented since June 2019.

How big is unit 1518A?

479 sqft (44.5 sqm): a studio on the 15th floor of a 19-storey tower completed in 2018.

What is unit 1518A 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.

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Mortgage on 1518A, Majestine Allure

Starts from the last sale price (AED 750K, 10 December 2025). Switch to today's estimate once you have unlocked it.

Price: AED 750,000
Deposit, UAE resident (20%): AED 150,000
Deposit, non-resident (40%): AED 300,000
Monthly over 25 years at 3.7%: AED 3,068

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