1-bed · 894 sqftMajestine Allure, Business Bay · 16th floor · completed 2018

1613A, Majestine Allure

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1613A · DLD and Ejari recordsUpdated 11 June 2026
Last soldAED 1.72M3 August 2016
Current rentAED 80K /yr11 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1613A, Majestine Allure

What is 1613A worth today?

Last sold for AED 1,719,000 in 2016

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11 Jun 2026RentedNew contract
AED 80,000/yr12 months · AED 90 per sqft
11 Jun 2025RentedNew contract
AED 95,000/yr12 months · AED 106 per sqft
11 Jun 2025RentedNew contract
AED 95,000/yr12 months · AED 106 per sqft
18 Feb 2024RentedRenewal
AED 100,800/yr12 months · AED 113 per sqft
18 Feb 2023RentedNew contract
AED 96,000/yr12 months · AED 107 per sqft
5 Jan 2022RentedRenewal
AED 68,250/yr12 months · AED 76 per sqft
5 Jan 2021RentedNew contract
AED 65,000/yr12 months · AED 73 per sqft
1 May 2019RentedNew contract
AED 85,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 11 June 2026.

Key facts

Type
1-bed hotel apartment
Size
894 sqft
Floor
16th of 19
Parking
P3-52
Developer
Business Tower Investment
Completed
2018
Last sold
AED 1.72M · August 2016

About 1613A, Majestine Allure

1613A is a one-bedroom hotel apartment of 894 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 3 August 2016 for AED 1,719,000, or AED 1,923 per sqft, in line with the AED 1,935 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 11 June 2026, is AED 80,000 a year: a gross yield of 4.7% on the 2016 price.

Sales and rents for 1613A over time

Sales
Unit 1613A, each saleTypical one-bed in Majestine Allure
1M1.5M2014201820222026Typical sale price by year: 2014 AED 1,779,350; 2015 AED 1,730,900; 2016 AED 1,719,000; 2017 AED 1,517,000; 2018 AED 1,552,655; 2019 AED 1,677,000; 2020 AED 1,040,000; 2021 AED 912,500; 2022 AED 1,336,500; 2023 AED 1,656,120; 2024 AED 1,320,000; 2025 AED 1,262,500; 2026 AED 1,327,500Sold by developer, August 2016: AED 1,719,000 (AED 1,923 per sqft)

1613A has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1613A, each contractTypical one-bed in Majestine Allure
60K80K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 61,500; 2021 AED 64,000; 2022 AED 75,000; 2023 AED 87,000; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 90,000New contract, May 2019: AED 85,000 a yearNew contract, January 2021: AED 65,000 a yearRenewal, January 2022: AED 68,250 a yearNew contract, February 2023: AED 96,000 a yearRenewal, February 2024: AED 100,800 a yearNew contract, June 2025: AED 95,000 a yearNew contract, June 2025: AED 95,000 a yearNew contract, June 2026: AED 80,000 a year

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 1613A sits

All 147 1-beds →

1613A last sold in August 2016 at AED 1,923 per sqft, in line with what one-beds in Majestine Allure were fetching at the time (AED 1,935). 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. 1613A's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Aug 20261,250,000
20 Jul 20261,282,931
23 Apr 20261,433,816
6 Apr 20261,305,000
10 1-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
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

1613A, Majestine Allure in numbers

  • Sold once: by Business Tower Investment on 3 August 2016 for AED 1,719,000, or AED 1,923 per sqft.
  • Rented since May 2019 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 65,000 in 2021 and recovered to AED 80,000 by June 2026.
  • At AED 80,000 a year the gross yield on the 2016 price is 4.7%.
  • 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 11 June 2026.

Questions about 1613A, Majestine Allure

What did unit 1613A last sell for?

AED 1,719,000 on 3 August 2016, sold by the developer: AED 1,923 per sqft for 894 sqft. It is the only registered sale of the unit.

What is the rent for unit 1613A?

AED 80,000 a year on the contract signed on 11 June 2026. The previous contract, from June 2025, was AED 95,000; the unit has been rented since May 2019.

How big is unit 1613A?

894 sqft (83.1 sqm): a one-bedroom hotel apartment on the 16th floor of a 19-storey tower completed in 2018.

What is unit 1613A 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 1613A, Majestine Allure

Starts from the last sale price (AED 1.72M, 3 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,719,000
Deposit, UAE resident (20%)
AED 343,800
Deposit, non-resident (40%)
AED 687,600
Monthly over 25 years at 3.7%
AED 7,033

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