Studio · 461 sqftMajestine Allure, Business Bay · 16th floor · completed 2018

1611A, Majestine Allure

Sold prices and rental history: sold once, by the developer in April 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1611A · DLD and Ejari recordsUpdated 8 November 2026
Last soldAED 1.06M27 April 2015
Current rentAED 60K /yr8 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1611A, Majestine Allure

What is 1611A worth today?

Last sold for AED 1,058,300 in 2015

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8 Nov 2026RentedNew contract
AED 60,000/yr12 months · AED 130 per sqft
8 Sep 2025RentedNew contract
AED 64,000/yr12 months · AED 139 per sqft
15 Mar 2025RentedRenewal
AED 68,000/yr12 months · AED 147 per sqft
15 Mar 2024RentedNew contract
AED 68,000/yr12 months · AED 147 per sqft
25 Aug 2023RentedRenewal
AED 52,500/yr12 months · AED 113 per sqft
25 Aug 2022RentedNew contract
AED 50,000/yr12 months · AED 108 per sqft
1 Aug 2021RentedNew contract
AED 38,000/yr12 months · AED 82 per sqft
13 May 2020RentedRenewal
AED 48,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 8 November 2026.

Key facts

Type
Studio apartment
Size
461 sqft
Floor
16th of 19
Parking
P3-48
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.06M · April 2015

About 1611A, Majestine Allure

1611A is a studio of 461 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 27 April 2015 for AED 1,058,300, or AED 2,296 per sqft, 7% above the AED 2,152 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 8 November 2026, is AED 60,000 a year: a gross yield of 5.7% on the 2015 price.

Sales and rents for 1611A over time

Sales
Unit 1611A, each saleTypical studio in Majestine Allure
500K1M2014201820222026Typical sale price by year: 2014 AED 1,012,700; 2015 AED 1,008,900; 2016 AED 1,021,725; 2017 AED 1,051,475; 2018 AED 975,051; 2019 AED 931,000; 2020 AED 490,000; 2021 AED 630,000; 2022 AED 650,000; 2023 AED 770,000; 2024 AED 820,000; 2025 AED 830,000; 2026 AED 825,000Sold by developer, April 2015: AED 1,058,300 (AED 2,296 per sqft)

1611A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1611A, each contractTypical studio in Majestine Allure
40K60K201920222025Typical rent by year: 2019 AED 50,000; 2020 AED 40,000; 2021 AED 40,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 65,000; 2025 AED 65,000; 2026 AED 57,000New contract, May 2019: AED 50,000 a yearRenewal, May 2020: AED 48,000 a yearNew contract, August 2021: AED 38,000 a yearNew contract, August 2022: AED 50,000 a yearRenewal, August 2023: AED 52,500 a yearNew contract, March 2024: AED 68,000 a yearRenewal, March 2025: AED 68,000 a yearNew contract, September 2025: AED 64,000 a yearNew contract, November 2026: AED 60,000 a year

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 1611A sits

All 283 studios →

1611A last sold in April 2015 at AED 2,296 per sqft, 7% above what studios in Majestine Allure were fetching at the time (AED 2,152). 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. 1611A's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Sep 2026740,000
20 Aug 2026740,000
25 Jun 2026750,000
9 Jun 2026830,000
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 16th floor

All 497 units in Majestine Allure
Value
1601StudioAED 650K · Sep 2022
1602StudioAED 1.03M · Feb 2015
1603StudioAED 1M · Aug 2015
1604StudioAED 1.26M · Nov 2017
1605StudioAED 800K · Feb 2022
16062-bedAED 2.99M · Aug 2015
16071-bedAED 1.98M · Jan 2015
1–7 of 33

1611A, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 27 April 2015 for AED 1,058,300, or AED 2,296 per sqft.
  • Rented since May 2019 on 9 Ejari contracts. The rent fell from AED 50,000 to AED 38,000 in 2021 and recovered to AED 60,000 by November 2026.
  • At AED 60,000 a year the gross yield on the 2015 price is 5.7%.
  • 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 8 November 2026.

Questions about 1611A, Majestine Allure

What did unit 1611A last sell for?

AED 1,058,300 on 27 April 2015, sold by the developer: AED 2,296 per sqft for 461 sqft. It is the only registered sale of the unit.

What is the rent for unit 1611A?

AED 60,000 a year on the contract signed on 8 November 2026. The previous contract, from September 2025, was AED 64,000; the unit has been rented since May 2019.

How big is unit 1611A?

461 sqft (42.8 sqm): a studio on the 16th floor of a 19-storey tower completed in 2018.

What is unit 1611A 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 1611A, Majestine Allure

Starts from the last sale price (AED 1.06M, 27 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,058,300
Deposit, UAE resident (20%)
AED 211,660
Deposit, non-resident (40%)
AED 423,320
Monthly over 25 years at 3.7%
AED 4,330

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