2-bed · 1,357 sqftMajestine Allure, Business Bay · 16th floor · completed 2018

1606, 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 once, by the developer in August 2015, 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 1606 · DLD and Ejari recordsUpdated 17 September 2026

Last soldAED 2.99M30 August 2015

Current rentAED 115K /yr17 September 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1606, Majestine Allure

Today

What is 1606 worth today?

Last sold for AED 2,991,550 in 2015

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17 Sep 2026

17 Sep 2026RentedNew contract

AED 115,000/yr12 months · AED 85 per sqft

16 Dec 2025

16 Dec 2025RentedNew contract

AED 125,000/yr12 months · AED 92 per sqft

16 Dec 2025

16 Dec 2025RentedNew contract

AED 125,000/yr12 months · AED 92 per sqft

28 Feb 2025

28 Feb 2025RentedRenewal

AED 140,000/yr12 months · AED 103 per sqft

28 Feb 2025

28 Feb 2025RentedRenewal

AED 140,000/yr12 months · AED 103 per sqft

28 Feb 2024

28 Feb 2024RentedNew contract

AED 140,000/yr12 months · AED 103 per sqft

20 Sep 2022

20 Sep 2022RentedRenewal

AED 93,500/yr12 months · AED 69 per sqft

20 Sep 2021

20 Sep 2021RentedNew contract

AED 85,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 17 September 2026.

Key facts

Type: 2-bed apartment
Size: 1,357 sqft
Floor: 16th of 19
Parking: P3-43
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 2.99M · August 2015
Building: Majestine Allure

About 1606, Majestine Allure

1606 is a two-bedroom apartment of 1,357 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 30 August 2015 for AED 2,991,550, or AED 2,205 per sqft, 12% above the AED 1,975 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, signed on 17 September 2026, is AED 115,000 a year: a gross yield of 3.8% on the 2015 price.

Sales and rents for 1606 over time

Sales

Unit 1606, each saleTypical two-bed in Majestine Allure

1606 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1606, each contractTypical two-bed in Majestine Allure

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 1606 sits

All 45 2-beds →

Majestine Allure · all types1,539 /sqft

1606 last sold in August 2015 at AED 2,205 per sqft, 12% above what two-beds in Majestine Allure were fetching at the time (AED 1,975). 1606's AED 115,000 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
30 Jun 202530 June 2025	1,491 sqft	1,981,400	1,328
28 May 202528 May 2025	1,242 sqft	1,530,000	1,231
20 May 202520 May 2025	1,608 sqft	1,800,000	1,119
22 Jan 202522 January 2025	1,221 sqft	1,730,000	1,416

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 16th floor

All 497 units in Majestine Allure


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
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
1604A	1-bed	1,034 sqft	AED 1.84MAED 1,837,000 · Dec 2018December 2018	82,000 /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

1–7 of 33

1606, Majestine Allure in numbers

Sold once: by Business Tower Investment on 30 August 2015 for AED 2,991,550, or AED 2,205 per sqft.
Rented since August 2019 on 10 Ejari contracts. The rent fell from AED 105,000 to AED 85,000 in 2021 and recovered to AED 115,000 by September 2026.
At AED 115,000 a year the gross yield on the 2015 price is 3.8%.

Source: Dubai Land Department. Updated 17 September 2026.

Questions about 1606, Majestine Allure

What did unit 1606 last sell for?

AED 2,991,550 on 30 August 2015, sold by the developer: AED 2,205 per sqft for 1,357 sqft. It is the only registered sale of the unit.

What is the rent for unit 1606?

AED 115,000 a year on the contract signed on 17 September 2026. The previous contract, from December 2025, was AED 125,000; the unit has been rented since August 2019.

How big is unit 1606?

1,357 sqft (126.1 sqm): a two-bedroom apartment on the 16th floor of a 19-storey tower completed in 2018.

What is unit 1606 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 1606, Majestine Allure

Starts from the last sale price (AED 2.99M, 30 August 2015). Switch to today's estimate once you have unlocked it.

Price: AED 2,991,550
Deposit, UAE resident (20%): AED 598,310
Deposit, non-resident (40%): AED 1,196,620
Monthly over 25 years at 3.7%: AED 12,239

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