1604A, Majestine Allure
Sold prices and rental history: sold once, by the developer in December 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1604A, Majestine Allure
What is 1604A worth today?
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Source: Dubai Land Department. Updated 5 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,034 sqft
- Floor
- 16th of 19
- Parking
- P3-41
- Developer
- Business Tower Investment
- Completed
- 2018
- Last sold
- AED 1.84M · December 2018
- Building
- Majestine Allure
About 1604A, Majestine Allure
1604A is a one-bedroom apartment of 1,034 sqft on the 16th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 24 December 2018 for AED 1,837,000, or AED 1,777 per sqft, in line with the AED 1,742 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 5 October 2026, is AED 82,000 a year: a gross yield of 4.5% on the 2018 price.
Sales and rents for 1604A over time
1604A has sold once; the dashed line is the one-bed median of each year in the building.
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 1604A sits
All 147 1-beds →1604A last sold in December 2018 at AED 1,777 per sqft, in line with what one-beds in Majestine Allure were fetching at the time (AED 1,742). 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. 1604A's AED 82,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Majestine Allure
Building497 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%
Other units on the 16th floor
All 497 units in Majestine Allure| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | Studio | 499 sqft | AED 650KAED 650,000 · Sep 2022September 2022 | 66,000 /yr | |
| 1602 | Studio | 474 sqft | AED 1.03MAED 1,032,650 · Feb 2015February 2015 | 60,000 /yr | |
| 1603 | Studio | 459 sqft | AED 1MAED 1,000,000 · Aug 2015August 2015 | 70,350 /yr | |
| 1604 | Studio | 572 sqft | AED 1.26MAED 1,259,000 · Nov 2017November 2017 | 70,000 /yr | |
| 1605 | Studio | 489 sqft | AED 800KAED 800,000 · Feb 2022February 2022 | 62,000 /yr | |
| 1606 | 2-bed | 1,357 sqft | AED 2.99MAED 2,991,550 · Aug 2015August 2015 | 115,000 /yr | |
| 1607 | 1-bed | 978 sqft | AED 1.98MAED 1,978,850 · Jan 2015January 2015 | 90,000 /yr | |
| 1608 | 1-bed | 890 sqft | AED 1.55MAED 1,553,310 · Aug 2018August 2018 | 92,000 /yr | |
| 1609 | Studio | 612 sqft | AED 887KAED 887,316 · Apr 2026April 2026 | 70,000 /yr | |
| 1610 | 2-bed | 1,247 sqft | AED 2.46MAED 2,461,450 · Dec 2014December 2014 | 105,000 /yr | |
| 1611 | Studio | 461 sqft | AED 1.01MAED 1,009,850 · Oct 2015October 2015 | 50,000 /yr | |
| 1612 | Studio | 475 sqft | AED 1.05MAED 1,047,850 · Jan 2015January 2015 | 61,000 /yr | |
| 1613 | Studio | 447 sqft | AED 600KAED 600,000 · Nov 2019November 2019 | 63,000 /yr | |
| 1614 | 2-bed | 1,068 sqft | AED 2.16MAED 2,160,300 · Aug 2015August 2015 | 127,000 /yr | |
| 1615 | 3-bed | 1,420 sqft | AED 2.34MAED 2,337,390 · Jul 2018July 2018 | 160,000 /yr | |
| 1616 | Studio | 430 sqft | AED 650KAED 650,000 · Feb 2023February 2023 | 65,000 /yr | |
| 1617 | Studio | 481 sqft | AED 1.02MAED 1,018,400 · Aug 2015August 2015 | ||
| 1618 | Studio | 480 sqft | AED 1.01MAED 1,012,700 · Jan 2015January 2015 | 60,000 /yr | |
| 1619 | Studio | 479 sqft | AED 835KAED 835,000 · Mar 2025March 2025 | 60,000 /yr | |
| 1620 | 1-bed | 897 sqft | AED 1.73MAED 1,730,900 · Jun 2015June 2015 | 85,000 /yr | |
| 1601A | Studio | 497 sqft | AED 735KAED 735,000 · Mar 2023March 2023 | 44,000 /yr | |
| 1602A | 1-bed | 853 sqft | AED 1.62MAED 1,621,650 · Dec 2014December 2014 | 95,000 /yr | |
| 1603A | Studio | 453 sqft | AED 849KAED 848,680 · Sep 2022September 2022 | ||
| 1603B | 1-bed | 820 sqft | AED 1.43MAED 1,426,880 · Oct 2018October 2018 | 100,000 /yr | |
| 1605A | 1-bed | 1,003 sqft | AED 1.73MAED 1,732,640 · Jan 2019January 2019 | 70,000 /yr | |
| 1611A | Studio | 461 sqft | AED 1.06MAED 1,058,300 · Apr 2015April 2015 | 60,000 /yr | |
| 1612A | Studio | 457 sqft | AED 900KAED 900,000 · Aug 2024August 2024 | 85,000 /yr | |
| 1613A | 1-bed | 894 sqft | AED 1.72MAED 1,719,000 · Aug 2016August 2016 | 80,000 /yr | |
| 1613B | Studio | 456 sqft | AED 620KAED 620,000 · Jun 2022June 2022 | 38,000 /yr | |
| 1616A | Studio | 479 sqft | AED 1.02MAED 1,018,400 · Sep 2015September 2015 | ||
| 1617A | Studio | 478 sqft | AED 1.01MAED 1,012,700 · Dec 2014December 2014 | 65,000 /yr | |
| 1618A | Studio | 479 sqft | AED 1.02MAED 1,018,400 · Jul 2015July 2015 | 50,000 /yr | |
| 1619A | Studio | 467 sqft | AED 630KAED 630,000 · Apr 2019April 2019 | 65,000 /yr |
1604A, Majestine Allure in numbers
- Sold once: by Business Tower Investment on 24 December 2018 for AED 1,837,000, or AED 1,777 per sqft.
- Rented since December 2020 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 57,000 in 2022 and recovered to AED 82,000 by October 2026.
- At AED 82,000 a year the gross yield on the 2018 price is 4.5%.
- 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 5 October 2026.
Questions about 1604A, Majestine Allure
What did unit 1604A last sell for?
AED 1,837,000 on 24 December 2018, sold by the developer: AED 1,777 per sqft for 1,034 sqft. It is the only registered sale of the unit.
What is the rent for unit 1604A?
AED 82,000 a year on the contract signed on 5 October 2026. The previous contract, from March 2025, was AED 105,000; the unit has been rented since December 2020.
How big is unit 1604A?
1,034 sqft (96.1 sqm): a one-bedroom apartment on the 16th floor of a 19-storey tower completed in 2018.
What is unit 1604A 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 1604A, Majestine Allure
Starts from the last sale price (AED 1.84M, 24 December 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,837,000
- Deposit, UAE resident (20%)
- AED 367,400
- Deposit, non-resident (40%)
- AED 734,800
- Monthly over 25 years at 3.7%
- AED 7,516
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →